Philippine stock market is on the rise again as its main index surged back to the 7,000 level.
In today’s trading the PSEi went as high as 7,016.71 points to close at 6,999.10 this afternoon. This is the 5th straight day that the PSEi is on the upward trend. Since last July 01, 2014 the PSEi grows 2.53% or 172.49.
Compared to yesterday’s close PSEi goes 0.53% or 36.82 point at 6,999.10. All other indices were also in the green zone except Mining and Oil which loses 0.62% or 104.31 points at 16,639.44. The broader All Shares index added 0.50% or 20.83 points at 4,180.32. Property index was the highest gainer at 2,679.22 adding 0.94% or 24.93 followed by Financials index which closes at 1,680.71 with an additional 14.20 points or 0.85%. Services, Holding Firms, and Industrial indices followed at 0.62% (2.094.55), 0.36% (6,350.99) and 0.31% (10,498.26) additional respectively.
Most active stock today was PLDT with the total value of 659,152,560.00. Top gainer on the otherhand was Keppel Philippines Properties at 41.84% while Top Loser was Liberty Flour Mills Inc. at -7.17%.
Total volume turnover was 2,798,184,248 with the value of 8,315,709,752.00. Advancers overwhelmed decliners at 114-74 with 42 unchanged.