PSEi crosses 7,300 level anew, sets new record high for 2014

pse9814It’s green day again for the Philippine Stock Market as PSEi crosses the 7,300 again to close on it’s highest since May 2013 at 7,314.94, 0.71% or 51.36 points higher than last Friday’s close.

This is PSEi’s second consecutive close on a record high for 2014 following Friday’s close at 7,263.58.

Almost all of the other indices were also in the green zone, except Industrial index which fell by 0.32% or 36.55 points at 11,250.03

Top performing index is the Property index which jumped 1.60% or 44.34 points to close at 2,811.57. While Mining and Oil is the least adding only 18,045.31 or 57.74 points at 18,045.31.

Most active stock belongs to Philippine Long Distance Co. which ended the trading day at a value of 951,443,560.00. Top gainer in today’s trading is Oriental Peninsula Resources Group, Inc. closing 15.22% up at 56,404,660.00. Meanwhile, top decliner was MEDCO Holdings, Inc. which fell by 17.54% at 5,620,090.00.

Although most of the indices are in the green zone, Decliners still topped Advancers 95-90 with 39 unchanged. Total volume turnover was 1,529,675,193 with the value of 10,129,481,130.00.

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