{"id":150796,"date":"2018-02-02T20:13:43","date_gmt":"2018-02-03T01:13:43","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=150796"},"modified":"2018-02-02T20:13:43","modified_gmt":"2018-02-03T01:13:43","slug":"psei-peso-finish-week-up","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2018\/02\/02\/psei-peso-finish-week-up\/","title":{"rendered":"PSEi, peso finish week up"},"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=\"A trader said investors took advantage of the recent drop in the local equities market to make profit later on. (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\">A trader said investors took advantage of the recent drop in the local equities market to make profit later on. <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><strong>MANILA<\/strong> \u2014 Bargain-hunting at the Philippine Stock Exchange index (PSEi) enabled the main equities gauge to finish the week on a high note, which also lifted the peso amid the rise in US Treasuries.<\/p>\n<p>PSEi ended its three-day slide and gained 0.82 percent, or 72.03 points, to 8,810.75 points.<\/p>\n<p>A trader said investors took advantage of the recent drop in the local equities market to make profit later on.<\/p>\n<p>All the other indices also finished on high note, with the broader All Shares up by 0.99 percent, or 50.90 points, to 5,181.82 points.<\/p>\n<p>Mining and Oil registered the highest increase among the sectors after rising 1.79 percent; followed by the Industrial, 1.03 percent; Holding Firms, 1.02 percent; Property, 0.92 percent; Services, 0.70 percent; and Financials, 0.16 percent.<\/p>\n<p>Volume reached 3.1 billion shares amounting to PHP7.85 billion.<\/p>\n<p>Gainers led losers at 123 to 72 while 58 shares were unchanged.<\/p>\n<p>The local currency ended the week at 51.45 from 51.58 Thursday, which a trader also pointed to renewed interest by foreign players in Philippine equities.<\/p>\n<p>Although the greenback received strong push from corporate demand, buying interest in local stocks was more powerful during the day, thus, the peso\u2019s improvement.<\/p>\n<p>Amid the positive close of the peso, it started the day weaker at 51.63 from 51.30 in the previous session.<\/p>\n<p>It traded between a wide range of 51.45 and 51.76 resulting to an average of 51.65.<\/p>\n<p>Volume during the day surged to USD1.12 billion from the previous day\u2019s USD878.15 million.<\/p>\n<p>The currency pair is seen to trade between 51.30 and 51.60 next week.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MANILA \u2014 Bargain-hunting at the Philippine Stock Exchange index (PSEi) enabled the main equities gauge to finish the week on &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":[45642,21171],"class_list":["post-150796","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-peso-finish-week-up","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\/150796","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=150796"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/150796\/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=150796"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=150796"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=150796"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}