PSEi snaps decline, returns to 8,300 level - News Summed Up

PSEi snaps decline, returns to 8,300 level


THE stock market snapped its losing streak on Wednesday with the benchmark Philippine Stock Exchange index adding 23.43 points or 0.28 percent to close at 8,303.35. AdvertisementsThe wider All Shares gained 9.24 points or 0.19 percent to finish at 4,864.56. Summit Securities, Inc. President Harry Liu said “The market is on a medium-term consolidation but seeking the support level … hopefully 8,350.”He noted that upcoming holidays could delay market gains. October 31 and November 1 (All Saints’ Day) have been declared special non-working holidays and November 13 and 15 have also been announced as special non-working days in Metro Manila, Bulacan, and Pampanga as the country hosts the Association of Southeast Asian Nations summit. Over 1.2 billion issues valued at P5.9 billion changed hands.


Source: Manila Times October 25, 2017 17:03 UTC



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