{"id":133239,"date":"2017-11-22T03:18:22","date_gmt":"2017-11-22T08:18:22","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=133239"},"modified":"2017-11-22T03:18:22","modified_gmt":"2017-11-22T08:18:22","slug":"peso-joins-regional-rally-vs-usd-psei-down-on-risk-off-sentiment","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2017\/11\/22\/peso-joins-regional-rally-vs-usd-psei-down-on-risk-off-sentiment\/","title":{"rendered":"Peso joins regional rally vs. USD; PSEi down on risk-off sentiment"},"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=\"For the day, the local unit opened at 50.80, an improvement from its 50.88 start on Monday. (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\">For the day, the local unit opened at 50.80, an improvement from its 50.88 start on Monday. <a href=\"https:\/\/commons.wikimedia.org\/wiki\/File%3APhilippine-stock-market-board.jpg\">(Photo by Katrina.Tuliao (https:\/\/www.tradergroup.org) [CC BY 2.0)<\/a><\/figcaption><\/figure>MANILA\u2014 The Philippine peso tracked the regional rally Tuesday and continued to gain against the greenback even amid some risk-off sentiment, which disadvantaged the Philippine Stock Exchange index (PSEi).<\/p>\n<p>The peso finished the day at 50.74 from Monday&#8217;s 50.79 finish, which a trader pointed to investors\u2019 wait-and-see stance ahead of the release of the minutes of the Fed\u2019s meeting last Oct. 31 to Nov. 1.<\/p>\n<p>The trader said market players expect US monetary officials to hike key rates during the Fed\u2019s meeting on Dec. 12-13, 2017 but this would only have clearer picture once minutes of the previous meeting comes out.<\/p>\n<p>For the day, the local unit opened at 50.80, an improvement from its 50.88 start on Monday.<\/p>\n<p>It traded between 50.72 and 50.88,\u00a0 resulting in an average of 50.797.<\/p>\n<p>Volume for the day reached USD584.9 million, higher than the USD577.1 million a day ago.<\/p>\n<p>Meanwhile, the main stocks gauge gave up 0.39 percent, or 32.79 points, to 8,289.19 points.<\/p>\n<p>Most of the other indices tracked the main index, with the broader All Shares losing 0.41 percent, or 20.07 points, to 4,851.68 points.<\/p>\n<p>Only the Financials ended the day with gains among the sectors after it rose 0.11 percent.<\/p>\n<p>Property led the losers after it fell one percent followed by the Industrial, 0.72 percent; Holding Firms, 0.38 percent; Services, 0.29 percent; and Mining and Oil, 0.23 percent.<\/p>\n<p>Some 1.94 billion shares amounting to PHP7.2 billion changed hands.\u00a0 Losers led gainers at 124 to 78 while 48 stocks remained unchanged.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MANILA\u2014 The Philippine peso tracked the regional rally Tuesday and continued to gain against the greenback even amid some risk-off &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":[34574,15398],"class_list":["post-133239","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-peso-joins-regional-rally-vs-usd-psei-down-on-risk-off-sentiment","tag-philippine-peso","mauthors-philippine-news-agency"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/133239","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=133239"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/133239\/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=133239"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=133239"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=133239"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}