{"id":148963,"date":"2018-01-25T22:42:09","date_gmt":"2018-01-26T03:42:09","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=148963"},"modified":"2018-01-25T22:42:09","modified_gmt":"2018-01-26T03:42:09","slug":"psei-recovers-peso-ends-with-gains","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2018\/01\/25\/psei-recovers-peso-ends-with-gains\/","title":{"rendered":"PSEi recovers; peso ends with gains"},"content":{"rendered":"
\"shutterstock\"<\/a>
The peso is seen to trade between 50.8- and 51.00 to the US dollar Friday (Shutterstock photo)<\/figcaption><\/figure>\n

MANILA\u00a0 – – The Philippine Stock Exchange index (PSEi) recovered Thursday after ending its two-day surged a day ago<\/p>\n

The main stocks gauge gained 0.89 percent, or 78.94 points, 8,999.17 points, which\u00a0 a trader pointed to correction.<\/p>\n

Profit-taking caused the main index to lose steam a day ago but the trader said investors\u2019 risk appetite returned Thursday boosting the PSEi anew.<\/p>\n

The broader All Shares followed after it rose by 0.76 percent, or 39.56 points, to 5,245.25 points.<\/p>\n

All the other indices also ended with gains with Mining and Oil posting the highest growth at four percent and tracked by the Holding Firms, 1.33 percent; Services, 1.24 percent; Industrial, 0.96 percent; Property, 0.36 percent; and Financials, 0.06 percent.<\/p>\n

Volume for the day reached 1.32 billion shares amounting to PHP8.9 billion.<\/p>\n

Gainers led losers at 116 to 105 while 41 shares were unchanged.<\/p>\n

In another development, the Philippine peso finished the day\u2019s trade PHP0.15 better to a US dollar at 50.81 from the previous session\u2019s 50.96 close.<\/p>\n

A trader said the local unit was just recovering after days of weakness as investors\u2019 demand for the greenback waned partly because corporates met their mid-month demand.<\/p>\n

For the day, the local unit opened in high notes at 50.86 from the previous session\u2019s 51.05 start.<\/p>\n

It traded between 50.91 and 50.72 resulting to an average of 50.81.<\/p>\n

Volume for the day shoot up to USD1.05 billion from USD791.45 million a day ago.<\/p>\n

The peso is seen to trade between 50.80 and 51.00 to the US dollar Friday.<\/p>\n","protected":false},"excerpt":{"rendered":"

MANILA\u00a0 – – The Philippine Stock Exchange index (PSEi) recovered Thursday after ending its two-day surged a day ago The …<\/p>\n","protected":false},"author":33,"featured_media":45359,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19,43],"tags":[5972,12556],"class_list":["post-148963","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","category-stock-markets","tag-peso","tag-philippine-stock-exchange-index","mauthors-joann-villanueva","mauthors-philippine-news-agency"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/148963","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=148963"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/148963\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/45359"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=148963"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=148963"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=148963"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}