PSE Index Up In Wild Run

The Philippine Stock Exchange (PSE) index today posted a slight rise after a wild run with investors buoying the trades in telco stocks and in conglomerates as it opened a tad higher, went down, then finally nosed up to close at 6,890.73 points, up by 9.53 points or 0.14 percent.

Photo Insert: The Philippine Stock Exchange (PSE) Index, September 22, 2021

Telco stocks occupied the first three most active stocks with PLDT and Globe occupying the first two slots with respective trades of P920.7 million and P496 million, the former up by a hefty 5.31 percent or P85 to P1,685, and the latter by 6.83 percent or P198 to P3,098. Converge was down by 5 centavos to P34.95 with trades of P416 million.

LT Group was up by 20 centavos to P10.20, JG Summit up by 30 centavos to P63, and URC up by 20 centavos to P133.20. Market bellwether SM Investments was down by P8 to P975 and Aboitiz Equity also went down by 25 centavos to P53.95.

Property firms Ayala Land and SM Prime posted losses of 25 centavos to P32.85 and 50 centavos to P32.50 resulting in the property index losing 0.82 percent.

The industrials, services, and mining and oil sub-indices posted gains of 0.94, 2.94 percent and 2.24 percent respectively, while the financials declined by 0.68 percent, and holding firms by 0.28 percent.

Value turnover amounted to P6.48 billion with 128 gainers, 82 losers, and 37 shares unchanged. Megaworld was unchanged at P2.85 and BDO Unibank at P110.50.

AC Energy was up by 50 centavos to P10.84 while Monde rose by 48 centavos to P19.423. Aboitiz Power rose by 20 centavos to P32.30.

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