THE VOICE OF BUSINESS IN NORTHERN MINDANAO

Wednesday, October 6, 2010

Philippines Markets: 06 October 2010

06 October 2010

USD/PhP: 43.505 - 0.255 PSEi: 4196.73 + 25.03
USD/JPY: 83.08 PFINC: 951.94 + 2.18
EUR/USD: 1.3855 BDO: 60.55 + 0.05
GBP/USD: 1.5893 BPI: 55.35 - 0.50
PDSTF3M: 4.1288 MBT: 73.40 + 0.95
Prices as of 4:00pm Source: Bloomberg, Reuters


RP stocks hit new high

Local stocks regained their upward momentum to close at a new historic high on Wednesday, drawing fresh inspiration from the strong rally on Wall Street overnight.

The main-share Philippine Stock Exchange index added 25.03 points, or 0.6 percent, to close at 4,196.73.

The day's upswing was across all counters, but the mining/oil and services sub-indices benefited the most, rising by 2.72 percent and 1.19 percent, respectively.

There were 77 advancers as against 63 decliners while 45 stocks were unchanged. Value turnover amounted to P6 billion.

Source: www.inquirer.net

Jonathan Ravelas
Chief Market Strategist
(632) 858-3145

Rhys Cruz
Junior Researcher

(632) 858-3001

No comments:

Post a Comment

Share |


Oro Chamber on Facebook