PSE Index Up

The Philippine Stock Exchange (PSE) index today went up, with all sub-indices posting gains as investors buoyed by the upcoming new quarantine rules entered the market dismissing the uncertainty that prevailed before on the transmissibility of the Delta variant of COVID-19 resulting in an advance of 66.99 points or 0.97 percent to 6,947.19 points.

Photo Insert: The Philippine Stock Exchange (PSE) Index, September 16, 2021

Save for two that posted losses Filinvest's REIT, which went down by 3 centavos to P7.22 and GT Cap whose share price was shaved by P10.50 to P537 and the unchanged price of Universal Robina, all the Top 20 most active stocks posted gains.

Monde emerged the most active with P571, million in trades as it rose by 6 centavos to P19.06, followed by AC Energy, which had a hefty rise of 4.16 percent or 42 centavos to P10.52 on trades of P555 million, then by Converge, which gained 45 centavos to P35.45 on trades of P503 million.

Globe and PLDT advanced by PP100 to P3,140 and P23 to P1,508, respectively, while the other gainers included ICTSI, up by P4.90 to P190.90, and Emperador, which rose by 6.13 percent or P1.04 on news of its application for a Singapore exchange listing, ending the day at P18.

SM Prime and Ayala Land respectively gained 55 centavos to P33.45 and 50 centavos to P33.10. Value turnover amounted to P5.95 million with 95 gainers, 98 losers that include market bellwether, SM Investments which lost P4 to P1,011, and 46 shares unchanged.

The services sub-index posted the biggest advance with 2.03 percent followed by property, up by 1.50 percent, and then industrials by 1.24 percent. The financials rose by 0.61 percent, mining and oil by 0.06 percent, and holding firms by 0.37 percent

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