PSE Index Ends Week Up

The Philippine Stock Exchange (PSE) index today ended the week up in perked up trading with five of the sub-indices posting gains with the exception of the industrials to finish higher by 34.06 points or 0.12 percent to 6,647.56 points.

Photo Insert: The Philippine Stock Exchange (PSE) Index, July 21, 2023

The financials gained the most on higher income projections for the banks with BDO Unibank emerging the most active as it went up by 1.64 percent to P148.70, a gain of P2.40 on trades of P820 million.

Property giants Ayala Land and SM Prime followed with respective trades of P496 million and P265 million as the former gained 40 centavos to P27.40 on the back of company buy-backs while the latter rose by 20 centavos to P33.30.

Trading perked up with value turnover up by a third to P8.7 billion with 96 gainers, 77 losers, and 49 shares unchanged. Bank of PI also rose by 50 centavos to P115 while Security Bank went down by 30 centavos to P85.70.

The financials rose by 1.06 percent, holding firms up by 0.08 percent, services by 0.82 percent, mining and oil by 1.01 percent, and property by 0.75 percent. Industrials lost 0.07 percent.

Monde Nissin gained 18 centavos to P8.90 while Semirara Mining rose by a peso to P29, Aboitiz Power and Emperador respectively lost 10 centavos to P35 and 5 centavos to P20.90.

Greenergy also lost by 3 centavos to P0.53 while JG Summit went down by 50 centavos to P43.80. Market bellwether SM Investments was unchanged at P940 while Jollibee Foods declined by P3.20 to P255.60.

ICTSI went up by P2.20 to P208.20, Ayala Corp by P6.50 to P634, and Robinsons Land up by 20 centavos to P15.10.

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