Stocks sustain climb on easing trade tension - News Summed Up

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Stocks sustain climb on easing trade tension


MANILA, Philippines — The stock market performed stronger yesterday for the second straight day as investors managed to look for bargains dumped by foreign investors. Thus, the benchmark Philippine Stock Exchange index (PSEi) gained 34.68 points, or 0.46 percent, to finish above the 7,500 mark at 7,522.92. Likewise, the broader All Shares index gained 12.78 points or 0.28 percent to end at 4,507.33. Total value turnover reached P6.093 billion and market breadth was positive, 109 to 80 in favor of advancing stocks. “Local shares resumed their upward ascent as trade tensions showed signs of improvement.


Source: Philippine Star December 13, 2018 15:56 UTC



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