{"id":194041,"date":"2018-12-15T00:41:06","date_gmt":"2018-12-15T05:41:06","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=194041"},"modified":"2018-12-15T00:41:06","modified_gmt":"2018-12-15T05:41:06","slug":"psei-ends-week-flat-peso-downed-by-risk-off-sentiment","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2018\/12\/15\/psei-ends-week-flat-peso-downed-by-risk-off-sentiment\/","title":{"rendered":"PSEi ends week flat, peso downed by risk-off sentiment"},"content":{"rendered":"
\"\"<\/a>
The Philippine Stock Exchange index (PSEi) ended the week at 7,524.37 points, up 0.02 percent or 1.45 points. (Photo: qvist \/ ShutterStock)<\/figcaption><\/figure>\n

MANILA<\/strong>\u00a0— The lack of positive developments on the US-China trade issue resulted in the flat close of the Philippine Stock Exchange index (PSEi) and the depreciation of the peso as the trading week closed.<\/p>\n

The Philippine Stock Exchange index (PSEi) ended the week at 7,524.37 points, up 0.02 percent or 1.45 points.<\/p>\n

Regina Capital Managing Director Luis Limlingan said the main gauge was on a roller coaster ride this week and mirrored US stocks \u201cwhile investors continued to digest new developments in the ongoing US-China trade war and Wall Street\u2019s volatile week.\u201d<\/p>\n

He said investors also focused on the European Central Bank (ECB), which kept rates steady and on Brexit issues.<\/p>\n

With risk-off sentiment up, most of the counters ended on the red, with the All Shares down by 0.02 percent, or 0.83 points, to 4,506.50 points.<\/p>\n

Most of the sectors ended with losses, led by the Mining and Oil at 0.99 percent. It was followed by the Holding Firms and Property, which both fell 0.20 percent; and Financials, 0.14 percent.<\/p>\n

On the other hand, Services rose by 1.33 percent and Industrial, 0.79 percent.<\/p>\n

Volume reached 1.27 billion shares amounting to PHP6.85 billion.<\/p>\n

Gainers led losers at 100 to 79 while 42 shares were unchanged.<\/p>\n

On the other hand, the peso finished the week down to 52.88 from 52.62 Thursday.<\/p>\n

It opened the trade at 52.66 from 52.60 a day ago.<\/p>\n

It traded between 52.90 and 52.66, resulting in an average of 52.76.<\/p>\n

Volume reached USD677.75 million, lower than the USD697.65 million a day ago.<\/p>\n","protected":false},"excerpt":{"rendered":"

MANILA\u00a0— The lack of positive developments on the US-China trade issue resulted in the flat close of the Philippine Stock …<\/p>\n","protected":false},"author":44,"featured_media":183198,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"class_list":["post-194041","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","mauthors-joann-villanueva","mauthors-philippine-news-agency"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/194041","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\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=194041"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/194041\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/183198"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=194041"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=194041"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=194041"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}