The Philippine Stocks exchange is upbeat again as it closes on a high note today setting another all time record high. With several trips to the red zone last week, PSE bounced back to end this week strong on its 25th record high this year.
PSE’s main index closed today 9 points short from the 6,900 mark at 6,891.43. This close today is up by 0.87% or 59.69 points from yesterday’s close. Almost all indices are also on the green zone at its closed today except Industrial index which goes down by 0.12% or 12.68 points at 10,434.86.
Services index got the most increase of 1.23% to close today at 2,011.03. It is followed by Holding firms which closed at 6,164.67 adding 68.96 points or 1.13% from its previous close yesterday. The broader All Shares index is also in the green zone at 4,299.20 up by 0.67. Financials index is up by 0.97% or 16.98 points at 1,765.54. Property and Mining and Oil indices were the least gainers at 2,821.64 and 21,594.01 both up by 0.42% and 0.40% respectively.
Most active in today’s trading is SM Investments Corporation which is up by 1.43% at 1,135. Top advancers overpowered decliners at 99 to 54 with 48 unchanged. Top advancers is led by Federal Resources Investment Group which is up by 13.20% while top decliner goes to Central Azucarera de Tarlac down by -10.34%.
Total value traded was 7,590,290,394 with the total number of trades at 26,588 and a volume of 4,586,314,127.