PSE Index Back Up

The Philippine Stock Exchange (PSE) index today posted a smallish recovery after a volatile run where it declined a milestone level but recovered, to close at 6,461.42 points, up by 27.36 points or 0.43 percent.

Photo Insert: The Philippine Stock Exchange (PSE) Index, June 15, 2023

Financials, holding firms, and property carried the day for the index with respective gains of 0.78 percent, 0.31 percent, and 1.43 percent.

Industrials went down by 0.09 percent, services lost by 0.98 percent, and mining and oil declined by 0.93 percent in a day that saw the index hit a bottom of 6,386.84 points after rising to 6,461.42 points with foreign selling again dominating trades.

Value turnover amounted to its average trade at p6 billion with 93 gainers, 91 losers, and 31 shares unchanged with SM Prime most active with trades of P628 million, closing 65 centavos up to P33. 15.

It was followed by BDO Unibank with trades of P477 million as it gained P1.40 to P141.90, then by market bellwether SM Investments with P379 million as it rose by P12 to P922.

Ayala Land rose by 25 centavos to P24.25, Bank of PI by a peso to P105, Greenergy Holdings by 3 centavos to P1.29, Monde Nissin by 15 centavos to P8.31, PLDT by P52 to P1,290, and Jollibee Foods by 20 centavos to P234.80.

Emperador was again unchanged at P21.40.

Among the losers were ICTSI, down by P18 to P635, Globe Telecom, down P45 to P1,710, Universal Robina, down 50 centavos to P140.50, Bloomberry, down 39 centavos to P9.17, Metrobank, down 30 centavos to P54, Puregold, down P1.55 to P28, ACEN Corp, down 22 centavos to P5.48, Wilcon Depot, down P1.35 to P23.85, and DM Consunji, down 49 centavos to P9.05.

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