{"id":150159,"date":"2018-01-31T01:54:41","date_gmt":"2018-01-31T06:54:41","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=150159"},"modified":"2018-01-31T01:54:41","modified_gmt":"2018-01-31T06:54:41","slug":"psei-peso-weaken-on-hike-in-us-treasuries","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2018\/01\/31\/psei-peso-weaken-on-hike-in-us-treasuries\/","title":{"rendered":"PSEi, peso weaken on hike in US Treasuries"},"content":{"rendered":"

\"PSEi<\/a>
PSEi finished the day\u2019s trade at 8,910.48 points, down 1.64 percent or 148.14 points, which a trader traced to the same trend in Wall Street overnight. (Photo by Katrina.Tuliao (https:\/\/www.tradergroup.org) [CC BY 2.0)<\/a><\/figcaption><\/figure>MANILA \u2014 Profit-taking stopped the three-day record-high surge of the Philippine Stock Exchange index\u2019 (PSEi) Tuesday resulting in a sustained weakness of the peso.<\/p>\n

PSEi finished the day\u2019s trade at 8,910.48 points, down 1.64 percent or 148.14 points, which a trader traced to the same trend in Wall Street overnight.<\/p>\n

The trader also cited the rise in US treasury rates as another factor for the slip of local equities during the day.<\/p>\n

With the main gauge down, the broader All Shares followed after it declined by 1.49 percent, or 78.36 points.<\/p>\n

Holding Firms and Property led the sectors in terms of drop at 1.85 percent each followed by the Mining and Oil, 1.82 percent; Services, 1.71 percent; Industrial, 1.39 percent; and Financials, 0.63 percent.<\/p>\n

Volume reached 2.4 billion shares amounting to PHP10.05 billion.<\/p>\n

Losers led gainers at 151 to 58 while 55 stocks were unchanged.<\/p>\n

The peso shed PHP0.23 and finished the day at 51.42 from 51.185 a day ago, which a trader attributed to the drop of PSEi and rise in US Treasuries.<\/p>\n

It opened the day at 51.30, down from the previous session\u2019s 50.90.<\/p>\n

It traded between its opening level and 51.495, bringing the day\u2019s average to 51.42.<\/p>\n

Volume for the day reached USD926.45 billion, up from the USD892.25 million a day ago.<\/p>\n","protected":false},"excerpt":{"rendered":"

MANILA \u2014 Profit-taking stopped the three-day record-high surge of the Philippine Stock Exchange index\u2019 (PSEi) Tuesday resulting in a sustained …<\/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":[45349,21171],"class_list":["post-150159","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-peso-weaken-on-hike-in-us-treasuries","tag-philippine-stock-exchange-index-psei","mauthors-joann-villanueva","mauthors-philippine-news-agency"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/150159","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=150159"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/150159\/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=150159"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=150159"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=150159"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}