{"id":100852,"date":"2017-05-03T04:02:00","date_gmt":"2017-05-03T08:02:00","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=100852"},"modified":"2017-05-03T04:02:00","modified_gmt":"2017-05-03T08:02:00","slug":"psei-up-0-55-peso-touches-50-level-against-us-dollar","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2017\/05\/03\/psei-up-0-55-peso-touches-50-level-against-us-dollar\/","title":{"rendered":"PSEi up 0.55%, peso touches 50-level against US dollar"},"content":{"rendered":"<p><figure id=\"attachment_86485\" aria-describedby=\"caption-attachment-86485\" style=\"width: 640px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/01\/psei.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-86485\" src=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/01\/psei.jpg\" alt=\"The Philippines\u2019 main equities index posted gains Tuesday while the peso closed slightly lower as the country\u2019s financial markets resume trading after a long holiday. (Photo by Katrina.Tuliao (https:\/\/www.tradergroup.org) [CC BY 2.0)\" width=\"640\" height=\"480\" srcset=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/01\/psei.jpg 640w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/01\/psei-300x225.jpg 300w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/a><figcaption id=\"caption-attachment-86485\" class=\"wp-caption-text\">The Philippines\u2019 main equities index posted gains Tuesday while the peso closed slightly lower as the country\u2019s financial markets resume trading after a long holiday. (Photo by <a href=\"https:\/\/commons.wikimedia.org\/wiki\/File%3APhilippine-stock-market-board.jpg\">Katrina.Tuliao (https:\/\/www.tradergroup.org) [CC BY 2.0<\/a>)<\/figcaption><\/figure>MANILA\u2014The Philippines\u2019 main equities index posted gains Tuesday while the peso closed slightly lower as the country\u2019s financial markets resume trading after a long holiday.<\/p>\n<p>The Philippine Stock Exchange index (PSEi) rose 0.55 percent, or 42.09 points, to 7,703.10 points, which a trader said was backed by positive investors\u2019 risk appetite on Wall Street.<\/p>\n<p>All Shares registered the same increase of 0.55 percent, or 25.37 points, to 4,604.57 points.<\/p>\n<p>Most of the sectors ended the day with gains, led by the Mining and Oil with 3.008 percent.<\/p>\n<p>It was followed by the Property with 1.43 percent expansion as well as the Industrial, Financials, Holding Firms at 0.82 percent, 0.54 percent, and 0.32 percent, respectively.<\/p>\n<p>Services was the lone index that finished the day on the red with 0.52 percent decline.<\/p>\n<p>Total trade volume reached 3.1 billion shares amounting to Php 7.3 billion.<\/p>\n<p>Advancers led decliners at 119 to 84 while 39 shares remained unchanged.<\/p>\n<p>The peso ended the day at 49.99 from 49.95 Thursday last week, which a trader pointed to rising yields of US Treasury and ahead of the Federal Reserve meeting next week.<\/p>\n<p>It opened the day at 50.10, a decline from the 49.85 Thursday last week.<\/p>\n<p>It improved to 49.98 but also moved to 50.11, resulting in an average of 50.04.<\/p>\n<p>Volume for the day reached USD707.55 million, lower than the USD787.9 million in the previous session.<\/p>\n<p>The currency pair is seen to trade between 49.80 and 50.00 Wednesday.<\/p>\n<p>Work in Metro Manila was suspended Friday last week as the country hosted the 30th ASEAN Summit while May 1 is a holiday due to the observance of Labor Day.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MANILA\u2014The Philippines\u2019 main equities index posted gains Tuesday while the peso closed slightly lower as the country\u2019s financial markets resume &hellip;<\/p>\n","protected":false},"author":33,"featured_media":86485,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[12556],"class_list":["post-100852","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-philippine-stock-exchange-index","mauthors-joann-santiago","mauthors-philippine-news-agency"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/100852","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=100852"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/100852\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/86485"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=100852"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=100852"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=100852"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}