{"id":134532,"date":"2017-11-27T22:43:47","date_gmt":"2017-11-28T03:43:47","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=134532"},"modified":"2025-01-29T22:15:34","modified_gmt":"2025-01-30T03:15:34","slug":"peso-surges-vs-usd-psei-down","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2017\/11\/27\/peso-surges-vs-usd-psei-down\/","title":{"rendered":"Peso surges vs. USD; PSEi down"},"content":{"rendered":"
\"FILE:<\/a>
FILE: ShutterStock photo<\/figcaption><\/figure>\n

MANILA \u2014 Latest Senate discussion on the proposed tax reforms boosted the Philippine peso Monday while some profit-taking led the main stocks gauge to dip slightly.<\/p>\n

The peso finished the day at 50.51 from 50.72 Friday last week, which a trader traced to the weakness of the US dollar over concerns on the path of tax reform measures in the US.<\/p>\n

It opened the day at 51.71 from the previous session\u2019s 50.65 and traded between 50.74 and its closing level, resulting an average of 50.64 for the day.<\/p>\n

Volume reached USD655.06 million, lower than the USD751.65 million at the end of last week.<\/p>\n

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<\/p>\n

On the other hand, the Philippine Stock Exchange index (PSEi) shed 0.04 pecent, or 3.42 points, to 8.361.69 points.<\/p>\n

The broader All Shares also declined after it fell to 4,888.32 points, down 0.02 percent, or 0.80 points.<\/p>\n

Two of the sectors followed the dip of the PSEi, namely Industrial by 1.04 percent and Financials by 0.82 percent.<\/p>\n

Most of the sectors gained, led by Mining and Oil, 1.42 percent; followed by Property, 0.29 percent; Holding Firms, 0.27 percent; and Services, 0.20 percent.<\/p>\n

Volume for the day reached 1.23 billion shares amounting to PHP6.<\/p>\n

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35 billion.<\/p>\n

Decliners led gainers, 102 to 96, while 46 shares were unchanged.<\/p>\n

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(PNA)<\/p>\n","protected":false},"excerpt":{"rendered":"

MANILA \u2014 Latest Senate discussion on the proposed tax reforms boosted the Philippine peso Monday while some profit-taking led the …<\/p>\n","protected":false},"author":33,"featured_media":11887,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[15398],"class_list":["post-134532","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-philippine-peso","mauthors-joann-villanueva","mauthors-philippine-news-agency"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/134532","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=134532"}],"version-history":[{"count":1,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/134532\/revisions"}],"predecessor-version":[{"id":286893,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/134532\/revisions\/286893"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/11887"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=134532"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=134532"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=134532"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}