PSE recovers from Monday’s heavy bleeding

pse 8-25-15

After the “Bloody Monday” which hurt the Philippine Stock Market bigtime, Philippine Stocks Exchange recovers Tuesday August 25, 2015.

PSE’s main index (PSEi) increased by 0.58% or 39.33 points to end the trading day at 6,830.34. It was a sigh of relief for the traders as the Philippine market was able to go up despite China’s continued slide.

Holding Firms index had the most increase with 1.89% or 116.54 to close at 6,269.08. Only Services and Mining Oil indices remain in the bloody zone losing 1.13% and 0.28% respectively.

Other indices performance were; All share up by 0.38% at 3,896.32, Financials by 0.23% at 1,513.80, Industrial with 0.07% at 10,363.48 and Property with 0.28% at 2,754.24.

Advancers closed in with decliners at 62-85 with 49 unchanged. Advancers are led by WPI (Waterfront Philippines Inc) at 49.70% increase, while decliners are led by SLF (Sun Life Financial Inc.) down by 33.99%.

Total volume turnovers is 3,018,714,107 valued at 8,379,930,543.46.

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Nite Writer is on Facebook at https://www.facebook.com/NiteWriterPH and you can also follow me on Twitter @rojan88

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