{"id":147463,"date":"2018-01-19T01:16:27","date_gmt":"2018-01-19T06:16:27","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=147463"},"modified":"2018-01-19T01:16:27","modified_gmt":"2018-01-19T06:16:27","slug":"psei-peso-slip-anew-on-profit-taking","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2018\/01\/19\/psei-peso-slip-anew-on-profit-taking\/","title":{"rendered":"PSEi, peso slip anew on profit-taking"},"content":{"rendered":"

\"Services<\/a>
Services and Property, meanwhile, rose 0.38 percent and 0.19 percent, respectively. (Photo by Katrina.Tuliao (https:\/\/www.tradergroup.org) [CC BY 2.0)<\/a><\/figcaption><\/figure>MANILA\u2014 Profit-taking hurt the Philippine Stock Exchange index (PSEi) for the second day in a row on Thursday, which in turn disadvantaged the peso more.<\/p>\n

PSEi shed 0.32 percent, or 28.25 points, to 8,820.74 points, which a trader attributed to investors\u2019 anticipation ahead of the earnings report season.<\/p>\n

The broader All Shares gave up 0.11 percent, or 5.60 points, to 5,115.87 points.<\/p>\n

Most of the sectors followed the main index,\u00a0 namely the Mining and Oil, 0.90 percent; Financials, 0.72 percent; Holding Firms, 0.66 percent; and Industrial, 0.02 percent.<\/p>\n

Services and Property, meanwhile, rose 0.38 percent and 0.19 percent, respectively.<\/p>\n

Volume reached\u00a0 1.14 billion shares amounting to PHP9.98 billion.<\/p>\n

Gainers led losers at 113 to 103 while 54 shares were unchanged.<\/p>\n

The peso ended the day at 50.80, weaker than its 50.70 a day ago, which a trader also pointed to corporate demand for the US dollar.<\/p>\n

Its weak finish for the day was seen early on after it opened the trade at 50.73 against the 50.50 on Wednesday.<\/p>\n

It traded between 50.84 and 50.68, resulting an average of 50.75.<\/p>\n

Volume for the day reached USD749.4 million, lower than the USD930.65 a day ago.<\/p>\n

The trader expects the peso to trade between 50.60 and 50.80 to the greenback Friday.<\/p>\n","protected":false},"excerpt":{"rendered":"

MANILA\u2014 Profit-taking hurt the Philippine Stock Exchange index (PSEi) for the second day in a row on Thursday, which in …<\/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":[43957,21171,929],"class_list":["post-147463","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-peso-slip-anew-on-profit-taking","tag-philippine-stock-exchange-index-psei","tag-psei","mauthors-joann-villanueva","mauthors-philippine-news-agency"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/147463","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=147463"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/147463\/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=147463"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=147463"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=147463"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}