THE VOICE OF BUSINESS IN NORTHERN MINDANAO

Friday, September 24, 2010

Research Desk

23 September 2010

USD/PhP: 44.12 + 0.24 PSEi: 4067.43 + 13.38
USD/JPY: 84.57 PFINC: 945.51 + 8.86
EUR/USD: 1.3358 BDO: 60.40 - 0.25
GBP/USD: 1.5655 BPI: 55.00 - 0.40
PDSTF3M: 4.2346 MBT: 71.90 - 0.10
Prices as of 4:00pm Source: Bloomberg, Reuters


RP stocks firm up on infra, mining plays

Local stocks firmed up on Thursday as cash-rich investors thrived on an infrastructure and mining play during the session.

The main-share Philippine Stock Exchange index gained 13.38 points or 0.33 percent to close at 4,067.43.

There were 90 advancers against 56 decliners at the local stock market.

Value turnover was about P5.75 billion.

Source: www.inquirer.net

Jonathan Ravelas
Chief Market Strategist
(632) 858-3145

Rhys Cruz
Junior Researcher

(632) 858-3001

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