{"id":111860,"date":"2017-08-14T21:24:40","date_gmt":"2017-08-15T01:24:40","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=111860"},"modified":"2017-08-14T21:24:40","modified_gmt":"2017-08-15T01:24:40","slug":"peso-closes-at-51-level-stocks-up-monday","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2017\/08\/14\/peso-closes-at-51-level-stocks-up-monday\/","title":{"rendered":"Peso closes at 51-level, stocks up Monday"},"content":{"rendered":"<figure id=\"attachment_111865\" aria-describedby=\"caption-attachment-111865\" style=\"width: 415px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/08\/PESO-PSEI-08142017.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-111865\" src=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/08\/PESO-PSEI-08142017.jpg\" alt=\"Advancers outnumbered decliners at 106 to 96, while 47 were left unchanged. (PNA PHOTO)\" width=\"415\" height=\"260\" srcset=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/08\/PESO-PSEI-08142017.jpg 415w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2017\/08\/PESO-PSEI-08142017-300x188.jpg 300w\" sizes=\"auto, (max-width: 415px) 100vw, 415px\" \/><\/a><figcaption id=\"caption-attachment-111865\" class=\"wp-caption-text\">Advancers outnumbered decliners at 106 to 96, while 47 were left unchanged. (PNA PHOTO)<\/figcaption><\/figure>\n<p>MANILA\u2014 Philippine peso dropped to its 11-year low on Monday, closing at 51.08 to a US dollar.<\/p>\n<p>Peso has weakened by 10 centavos from last week\u2019s closing of 50.98 to a dollar.<\/p>\n<p>It opened the day at PHP50.95, slightly weaker from Friday\u2019s opening of PHP50.90.<\/p>\n<p>The local currency traded between PHP50.90 and PHP51.08, bringing the average level for the day at PHP50.98 to a dollar.<\/p>\n<p>Total volume traded dropped to USD291.5 million on Monday from USD690.1 million last week.<\/p>\n<p>Earlier, Bangko Sentral ng Pilipinas Governor Nestor Espenilla Jr. said the local currency\u2019s weakness is \u201cnatural\u201d because of the market volatilities due to geopolitical tensions.<\/p>\n<p>Espenilla added the peso was also capable of correcting itself and expected not to do a \u201cfree fall\u201d with the country\u2019s strong macroeconomic fundamentals.<\/p>\n<p>Meanwhile, the Philippine Stock Exchange index (PSEi) closed Monday in the green.<\/p>\n<p>PSEi ended the day increasing by 0.43 percent, or 33.69 points, to 7,962.12.<\/p>\n<p>All Shares likewise improved by 0.52 percent or 24.23 points ending the day at 4,706.04.<\/p>\n<p>All counters closed in the green led by Property, increasing by 1.06 percent or 39.51 points to 3,767.89.<\/p>\n<p>The sector was followed by Mining and Oil, up by 0.76 percent to 12,587.37 points; Holding Firms, up by 0.48 percent to 7,840.80 points; Industrial, up by 0.33 percent to 10,829.39 points; Services, up by 0.27 percent to 1,689.89 points; and Financials, up by 0.07 percent to 1,989.57 points.<\/p>\n<p>Volume of trade in the local bourse reached 764 million shares amounting to PHP5.12 billion.<\/p>\n<p>Advancers outnumbered decliners at 106 to 96, while 47 were left unchanged.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MANILA\u2014 Philippine peso dropped to its 11-year low on Monday, closing at 51.08 to a US dollar. Peso has weakened &hellip;<\/p>\n","protected":false},"author":33,"featured_media":111865,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19,1145,95],"tags":[1216,20004,21170,21171],"class_list":["post-111860","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","category-headline","category-news-ph","tag-bangko-sentral-ng-pilipinas","tag-governor-nestor-espenilla-jr","tag-philippine-peso-dropped","tag-philippine-stock-exchange-index-psei","mauthors-philippine-news-agency"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/111860","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=111860"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/111860\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/111865"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=111860"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=111860"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=111860"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}