{"id":171304,"date":"2018-07-16T21:04:40","date_gmt":"2018-07-17T01:04:40","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=171304"},"modified":"2018-07-16T21:04:40","modified_gmt":"2018-07-17T01:04:40","slug":"peso-holds-ground-local-stocks-shed-anew","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2018\/07\/16\/peso-holds-ground-local-stocks-shed-anew\/","title":{"rendered":"Peso holds ground, local stocks shed anew"},"content":{"rendered":"<figure id=\"attachment_45360\" aria-describedby=\"caption-attachment-45360\" style=\"width: 1000px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2015\/03\/pesos-money-peso-3.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-45360\" src=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2015\/03\/pesos-money-peso-3.jpg\" alt=\"The local unit finished the week\u2019s first trading day at 53.53 from last Friday\u2019s 53.51 close. (Shutterstock photo)\" width=\"1000\" height=\"664\" srcset=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2015\/03\/pesos-money-peso-3.jpg 1000w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2015\/03\/pesos-money-peso-3-300x199.jpg 300w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2015\/03\/pesos-money-peso-3-900x598.jpg 900w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2015\/03\/pesos-money-peso-3-600x398.jpg 600w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/a><figcaption id=\"caption-attachment-45360\" class=\"wp-caption-text\">The local unit finished the week\u2019s first trading day at 53.53 from last Friday\u2019s 53.51 close. (Shutterstock photo)<\/figcaption><\/figure>\n<p><strong>MANILA<\/strong>\u00a0&#8212; The Philippine peso finished almost unchanged against the US dollar Monday but the Philippine Stock Exchange index (PSEi) tracked the slide of its regional peers.<\/p>\n<p>The local unit finished the week\u2019s first trading day at 53.53 from last Friday\u2019s 53.51 close.<\/p>\n<p>A trader pointed this performance partly to corporates\u2019 higher demand for dollar to finance their mid-month requirements.<\/p>\n<p>For the day, the peso opened at 53.50, slightly weaker than its previous start of 53.43.<\/p>\n<p>It traded between its opening level and 53.54, bringing the day\u2019s average at 53.52.<\/p>\n<p>Volume was thin at USD290.75 million from the previous session\u2019s USD397 million.<\/p>\n<p>The same trader expects the local unit to trade between 53.30-53.50 to a greenback Tuesday.<\/p>\n<p>On the other hand, PSEi shed 0.40 percent, or 29.74 points, to 7,369.44 points in line with other stock markets in the region.<\/p>\n<p>Another trader said foreign investors pulled out some of their placements in the domestic equities market given some worries overseas.<\/p>\n<p>The main index was followed by most of the other counters, with the All Shares down by 0.27 percent, or 12.29 points, to 4,462.60 points.<\/p>\n<p>Holding Firms, Property, Mining and Oil, Services and Financials were on the same trend after giving up 0.76 percent, 0.66 percent, 0.62 percent, 0.19 percent and 0.11 percent, respectively.<\/p>\n<p>Only the Industrial index registered improvement after it rose 0.22 percent.<\/p>\n<p>Volume reached 919.84 shares amounting to Php4.28 billion.<\/p>\n<p>Losers led gainers at 90 to 82 while 55 shares were unchanged.<strong><em>\u00a0<\/em><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>MANILA\u00a0&#8212; The Philippine peso finished almost unchanged against the US dollar Monday but the Philippine Stock Exchange index (PSEi) tracked &hellip;<\/p>\n","protected":false},"author":33,"featured_media":45360,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[15398,12556],"class_list":["post-171304","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-philippine-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\/171304","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=171304"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/171304\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/45360"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=171304"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=171304"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=171304"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}