{"id":204316,"date":"2019-02-27T05:19:10","date_gmt":"2019-02-27T10:19:10","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=204316"},"modified":"2025-01-29T06:16:51","modified_gmt":"2025-01-29T11:16:51","slug":"local-markets-rise-on-us-china-trade-talks-positive-direction","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2019\/02\/27\/local-markets-rise-on-us-china-trade-talks-positive-direction\/","title":{"rendered":"Local markets rise on US-China trade talks’ positive direction"},"content":{"rendered":"
\"\"<\/a>
The local unit finished the day at 52.025 from 52.065 Friday last week. (Pexels Photo)<\/figcaption><\/figure>\n

MANILA<\/strong>\u00a0— Optimism over the path being taken by US-China trade negotiations boosted the peso, which finished strong at the 51-level to a greenback, as well as the Philippine Stock Exchange index (PSEi) Tuesday.<\/p>\n

The local unit finished the day at 52.025 from 52.065 Friday last week.<\/p>\n

There was no trading Monday, a holiday to commemorate the EDSA People Power revolution.<\/p>\n

A trader said investors remain all eyes on the trade talks between the world\u2019s largest economies.<\/p>\n

For the day, the peso opened better at 51.<\/p>\n

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955 from 52.24 in the previous session.<\/p>\n

It traded between 52.1 and 51.95 resulting to an average of 52.031.<\/p>\n

Volume of trade totaled USD909.<\/p>\n

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11 million from USD961.87 million at the end of last week.<\/p>\n

Relatively, the main stocks gauge ended the week\u2019s first trading session up by 0.<\/p>\n

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33 percent, or 26.03 points to 7,988.16 points.<\/p>\n

All Shares rose 0.25 percent, or 12.28 points, to 4,896.11 points.<\/p>\n

Mining and Oil led the sectors with a jump of 0.82 percent and was followed by Holding Firms, 0.60 percent; Property, 0.59 percent; Industrial, 0.38 percent; and Services, 0.37 percent.<\/p>\n

Only the Financials index ended the day on the red after it declined by 0.43 percent.<\/p>\n

Volume reached 1.15 billion shares amounting to PHP10.93 billion.<\/p>\n

Losers led gainers at 104 to 91 while 51 shares were unchanged.<\/p>\n","protected":false},"excerpt":{"rendered":"

MANILA\u00a0— Optimism over the path being taken by US-China trade negotiations boosted the peso, which finished strong at the 51-level …<\/p>\n","protected":false},"author":44,"featured_media":198685,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"class_list":["post-204316","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\/204316","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=204316"}],"version-history":[{"count":1,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/204316\/revisions"}],"predecessor-version":[{"id":286710,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/204316\/revisions\/286710"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/198685"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=204316"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=204316"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=204316"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}