PSEi breaches 9,000, hits new all-time high - News Summed Up

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PSEi breaches 9,000, hits new all-time high


THE stock market finally cracked the 9,000 level on Friday as investors loaded up on equities ahead of month-end window-dressing. The benchmark Philippine Stock Exchange index added 42.03 points or 0.47 percent to close at 9,041.20, its 7th all-time high for the year following Thursday’s peak of 8,999.17. “In a see-saw trading session, the Philippine market ended Friday’s session in the green ahead of window-dressing next week,” a Regina Capital Development Corp. analyst said. More than 1.02 billion issues valued P7.8 billion changed hands,Winners outnumbered losers, 110 to 97, while 52 issues were unchanged. The market ended the week up 1.41 percent and was up 5.64 percent since the start of the year.


Source: Manila Times January 26, 2018 16:41 UTC



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