THE VOICE OF BUSINESS IN NORTHERN MINDANAO

Wednesday, September 29, 2010

Philippines Markets: 29 September 2010

29 September 2010

USD/PhP: 43.88 - 0.22 PSEi: 4111.05 - 12.78
USD/JPY: 83.64 PFINC: 938.78 - 4.15
EUR/USD: 1.3605 BDO: 60.40 - 0.10
GBP/USD: 1.5828 BPI: 54.60 - 0.40
PDSTF3M: 4.1750 MBT: 70.60 - 1.25
Prices as of 4:00pm Source: Bloomberg, Reuters

RP stocks dip on profit taking
By Doris Dumlao
Philippine Daily Inquirer


Local stocks dipped slightly on Wednesday as investors pocketed gains from previous day's rallies. The main-share Philippine Stock Exchange index shed 12.78 points or 0.31 percent to finish at 4,111.05. All indices succumbed to profit-taking except for the mining sector.

www.inquirer.net

Jonathan Ravelas
Chief Market Strategist
(632) 858-3145

Rhys Cruz
Junior Researcher

(632) 858-3001

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