PSE Index Ends Week Up Anew

The Philippine Stock Exchange (PSE) index today ended the week with another small gain at 5,904.75 points, up by 9.11 points or 0.16 percent as investors pocketed their gains, the index trudging to a high of 5,967.69 points an hour before the close of trading.

Photo Insert: The Philippine Stock Exchange (PSE) Index, October 14, 2022

All the sub-indices were signaling gains until profit takers sold down their shares effecting losses for the holding firms, down by 0.53 percent and services down by. 1.18 percent. Financials gained 0.86 percent, industrials by 0.16 percent, mining and oil by 1.55 percent, and property by 1.85 percent.

Market bellwether SM Investments and ICTSI towed the holdings and services sub-indices to negative territory with the former closing at P26.50 lower to P762 on trades of P240 million, and the latter down by P8.20 to P169.80 with trades of P238 million.

Value turnover amounted to just p4.65 billion with 115 gainers, 70 losers, and 40 shares unchanged.

SM Prime emerged top traded stock closing at P31.18, up 40 centavos with trades of P693 million, followed by BDO Unibank, which closed at P120, up by P2 with trades of P431 million, and Ayala Land, which closed at P23.50, up by 70 centavos or a hefty 3.07 percent with trades of P323 million.

GT Capital closed at P395, unchanged, while Ayala Corp closed at P608, up by p11.

PLDT closed at P1,430, down by P8, Bank of PI closed 50 centavos lower to P91.50, Semirara Mining was up P1.20 to P40.50, Universal Robina, up P3.80 to P111.90, Emperador, down 10 centavos to P19.60, Converge, down 2 centavos to P12.50, Globe Telecom, up P30 to P2,200, Robinsons Land, up P1.18 to P16.80, and Jollibee Foods, up 60 centavos to P231.

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