PSE Index Up

The Philippine Stock Exchange (PSE) index today rose a bit on bargain hunting after Monday's debacle, closing higher by 43.85 points or 0.68 percent to 6,458.12 points.

Photo Insert: The Philippine Stock Exchange (PSE) Index, December 20, 2022

Even PLDT went up to a high of P1,236 but went down to as low as P1,130 its year low, on the its P48 billion overspend that has resulted in the suspension of some officers.

It again emerged the most active stock with P1.217 billion in trades as it closed p2 lower to p1, 190. Market bellwether SM Investments also went down by P3.50 to P905 while Jollibee foods lost P4.20 to P230.80.

Save for the financials, which went down by 0.08 percent, all other sub-indices were up. Industrials rose 0.44 percent, holding firms by 0.56 percent, services by 2.09 percent, mining and oil by 1.13 percent, and property by 0.66 percent.

Total value turnover amounted to P5.57 billion with 90 gainers, 77 losers and 48 shares unchanged.

ICTSI went up by 4.08 percent to P204, up by P8 while GT Capital gained P10 to P400, Ayala Land, by 50 centavos to P28.90, SM Prime by 15 centavos to P34.20, Globe Telecom, up by P30 to P2,180, DM Consunji, by 26 centavos to P10.90, Universal Robina, by P3.90 to P134.90, Emperador, by 30 centavos to P20.50, Metro Pacific, by 15 centavos to P3.44, ACEN, by 12 centavos to P7.30, Converge by 34 centavos to P12.70, and Ayala Corp by P3.50 to P702.50.

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