MANILA — The Philippine Stock Exchange index (PSEi)\u00a0 finished the week\u2019s first trading day up but the peso finished a little weaker against the greenback on back of the positive US jobs report last October.<\/p>\n
PSEi recovered from another slip last Friday and ended Monday at 8,523.07 points, up 1.75 percent or 146.94 points.<\/p>\n
All the other indices followed the rise of the main index, with the broader All Share rising by 1.42 percent, or 69.70 points, to 4,968.60 points.<\/p>\n
The sectors were led by the Holding Firms, which ticked-up 2.45 percent.<\/p>\n
It was followed by Industrial, 1.85 percent; Services, 1.32 percent; Financials, 0.96 percent; Property, 0.62 percent; and Mining and Oil, 0.21 percent.<\/p>\n
Volume for the day reached slightly over 1 billion shares amounting to PHP7.29 billion.<\/p>\n
Gainers led losers at 105 to 95 while 41 shares were unchanged.<\/p>\n
The local currency finished the day at 51.28 from last Friday\u2019s 51.21.<\/p>\n
A trader attributed this to rise in jobs in the US in the 10th month this year to 261,000.<\/p>\n
The peso started the day a tad better at 51.30 from 51.36 in the previous trading day.<\/p>\n
It improved further to 51.26 but also moved to 51.35, resulting to an average of 51.30.<\/p>\n
Volume for the day reached USD330.95 million, lower by more than half than the USD693.2 million at the end of last week.<\/p>\n","protected":false},"excerpt":{"rendered":"
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