PSE Index Down

The Philippine Stock Exchange (PSE) index today declined on the new granular lockdown rules that are to be in place September 16, resulting in investors being unnerved again as they sold down their positions resulting in a loss of 47.78 points or 0.69 percent to 6,920.36 points.

Photo Insert: The Philippine Stock Exchange (PSE) Index, September 14, 2021

Only the services sub-index survived the sell-down as it added 0.27 percent while all the others posted declines with mining and oil and holding firms down respectively by 1.39 percent and 1.35 percent. The financials lost 0.54 percent, industrials, by 0.22 percent, and property by 0.29 percent.

Value turnover amounted to a hefty P31.17 billion on account of the listing of Robinson's Land REIT, with the ticker symbol RCR, which advanced by a centavo to P6.46.

Market bellwether SM Investments lost P21 to P988 while Jollibee Foods dropped by 60 centavos to P204.60. Dito CME also went down by 42 centavos to P8.30 and AC Energy by 6 centavos to P10.20.

Globe emerged as the most active stock with P971 million in trades as it closed higher by P84 to P3,174, followed by PLDT, which rose by P11 to P1,480, then by Monde which advanced by 68 centavos to P18.26.

There were 70 gainers, 121 losers and 54 shares unchanged, with Ayala Land down by 15 centavos to P33.60, and SM Prime by 10 centavos to P33.50.z

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