PSE Index Chokes

The Philippine Stock Exchange (PSE) index today declined by 25.34 points or 0.39 percent to 6,539.36 points on the continued uncertainty with investors still shying away from the market, resulting in all sub-indices posting losses.

Photo Insert: The Philippine Stock Exchange (PSE) Index, June 8, 2023

Financials lost 0.30 percent, industrials by 0.27 percent, holding firms by 0.38 percent, services by 0.16 percent, mining and oil by 0.55 percent, and property by 0.66 percent. Value turnover remained below average at P3.8 billion with 69 gainers, 105 losers, and 51 shares unchanged.

Market bellwether SM Investments closed lower at P924, down by a peso.

Ayala Corp emerged as the most active with trades of P425 million as it added P3 to P677, followed by Universal Robina, with trades of P369 million as it went down by P3.50 to P142.90. SM Prime, which closed 5 centavos down to P33.65, came in third.

Bank of PI went down by 90 centavos to P103, BDO Unibank was up by 40 centavos to 137.80 and Ayala Land declined by 50 centavos to P25.80.

The other Top active stocks' trading performance: ICTSI was down by 20 centavos to P201.80, Metrobank was down by 50 centavos to P56.20, Wilcon Depot, down by 50 centavos to P26, Petron Corp, down by 2 centavos to P3.48, Monde Nissin, down by 10 centavos to P8.25, and Bloomberry, down by 4 centavos to P10.18.

AgriNurture was up by 1 centavo to P7.32, Jollibee Foods up by P2.40 to P235.40, Metro Pacific up by 1 centavo to P4.43, and LT Group up by 7 centavos to. P9.49. Likewise seeing gains were Greenergy Holdings, up by 2 centavos to P1.26, and Emperador, up by 15 centavos to P21.20.

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