The benchmark Philippine Stock Exchange index (PSEi) closed at 7,497.17, up 27.03 points, or 0.36 percent, while the broader All Shares index was up 16.98 points, or 0.37 percent, to finish at 4,588.29. The rest of the counters likewise closed in positive territory except for the industrial index which ended in the red. Total value turnover, meanwhile, reached P17.2 billion. Commenting on yesterday’s trading, Papa Securities trader Gio Perez said the PSEi ended the day with a P17.2 billion value turnover on the back of the MSCI rebalancing. “The bulk of the trades actually happened at the close as value turnover was only around P5 billion at the 3 p.m. mark.

Source: Philippine Star May 31, 2018 15:33 UTC