Philippine Markets: 08 March 2011

08 March 2011

USD/PhP: 43.465 + 0.165 PSEi: 3898.87 + 12.39
USD/JPY: 82.44 PFINC: 851.83 - 4.61
EUR/USD: 1.3958 BDO: 48.25 - 0.65
GBP/USD: 1.6189 BPI: 54.70 + 0.35
PDSTF3M: 1.2923 MBT: 59.60 - 1.55
Prices as of 4:00pm Source: Bloomberg, Reuters


PH stocks end 0.32% higher

MANILA, Philippines (Xinhua) -- The Philippine stock market finished Tuesday's session up by 0.32 percent.

The bellwether Philippine Stock Exchange index gained 12.39 points to 3,898.87, while the broader all-share index increased 0. 04 percent or 1.34 points to 2,925.63.
Trading volume amounted to 1.49 billion shares worth 5.38 billion pesos (124.25 million U.S. dollars) with 46 issues advancing, 78 declining and 45 shares were unchanged.



Jonathan Ravelas
Chief Market Strategist
(632) 858-3145

Rhys Cruz
Junior Researcher
(632) 858-3001