PSE Index Stays In The Green

The Philippine Stock Exchange index was up marginally today and closed above the 7,000-point threshold, recovering from below that point during market recess but closing a bit higher at 7,026.45 points, a small rise of 6.53 points or 0.09 percent.

Photo Insert: The Philippine Stock Exchange (PSE) Index, March 16, 2022

Mining and oil sub-index as well as the industrials, holding firms, and services posted respective rises of 2.21 percent, 1.74 percent, 0.09 percent, and 0.55 percent while the financials declined 0.41 percent, and property, by 0.95 percent.

Value turnover amounted to P7.755 billion with 119 gainers, 59 losers, and 55 shares unchanged.

SM Prime was the most active stock with trades of P708 million but it went down by P1.05 to P37.95 while another property stock, Ayala Land posted a 20 centavo rise to P35.60 with trades of P436 million, good for second most active stock.

ICTSI lost P2 to P218 while both PLDT and Bank of PI declined by an identical P 1 to P1,739 for the former and P95 for the latter.

Market bellwether SM Investments lost P11 to close at P900 while both Metrobank and JG Summit both went down by 75 centavos to P52.25 and P58 respectively. Jollibee also declined by a peso to P227 while Ayala Corp added P26 to P815.

Among the gainers were Semirara, up P1.50 to P29.50, AC Energy up 5 centavos to P8.15, Solar Philippines, up 3 centavos to P1.55, Converge, up P1.70 to P23.70, Globe, up P40 to P2,280, Meralco, up P20 to P380.

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