Friday, March 22, 2013

PSEi climbs above 6,500-mark


MANILA - Philippine share prices on Friday posted back-to-back gains with the benchmark index returning above the 6,500-mark.

At the Philippine Stock Exchange, the benchmark index rose 45.73 points or 0.71 percent to 6,518.71, marking the second straight session of gains after an eight-day losing streak.

Leading the market's rally were the financials and mining & oil counters, which jumped 1.39 percent and 1.01 percent, respectively.

Advancers beat decliners, 89 to 74, while 31 issues were unchanged. A total of 769.55 million shares worth P9.32 billion changed hands.

Actively traded stocks were PLDT, Ayala Corp, BDO, URC and Metrobank. Top gainers were Medco, Lorenzo Shipping and Cirtek, while the biggest losers were Mariwasa, Chemphil and Concrete Aggregates.

source: interaksyon.com