{"id":21544,"date":"2014-08-11T21:19:46","date_gmt":"2014-08-11T13:19:46","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=21544"},"modified":"2014-08-12T01:21:44","modified_gmt":"2014-08-11T17:21:44","slug":"improvement-in-geo-political-situation-overseas-lifts-peso-psei-monday","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2014\/08\/11\/improvement-in-geo-political-situation-overseas-lifts-peso-psei-monday\/","title":{"rendered":"Improvement in geo-political situation overseas lifts peso, PSEi Monday"},"content":{"rendered":"
\"qvist<\/a>
qvist \/ ShutterStock<\/figcaption><\/figure>\n

MANILA — Pull-out of Russian troops from borders near Ukraine and a fresh 72-hour ceasefire in Israel and Gaza fueled both the Philippine peso and the local bourse Monday.<\/p>\n

The local currency capped the day at P43.86, way better than the P43.13 Friday last week.<\/p>\n

A trader said investors\u2019 sentiment turned bullish following the improvements in the geo-political situation in Russia and the Middle East.<\/p>\n

From a P44.13 start in the previous trading, the peso opened weaker for the week at P43.95.<\/p>\n

However, it improved to P43.95 despite going down to P43.98 level.<\/p>\n

This brought the day\u2019s average at P43.92, way better than the P44.17 at the end of last week.<\/p>\n

Volume of trade reached US$ 957.4 million, a drop from the US$ 1.38 billion in the previous trading.<\/p>\n

Relatively, the Philippine Stock Exchange index (PSEi) gained 1.11 percent or 76.32 points to 6,956.66 points.<\/p>\n

All the sectoral index followed suit led by the services, which expanded by 1.59 percent; property, 1.18 percent and holding firms, 1.08 percent.<\/p>\n

Volume of trade reached 1.74 billion amounting to P9.89 billion.<\/p>\n

Gainers led losers at 104 to 73 while 46 were unchanged.<\/p>\n

The trader said the peso is expected to recover this week if the current situation in the conflict-riden areas will continue.<\/p>\n","protected":false},"excerpt":{"rendered":"

MANILA — Pull-out of Russian troops from borders near Ukraine and a fresh 72-hour ceasefire in Israel and Gaza fueled …<\/p>\n","protected":false},"author":44,"featured_media":7623,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1482,95,43],"tags":[],"class_list":["post-21544","post","type-post","status-publish","format-standard","has-post-thumbnail","category-breaking","category-news-ph","category-stock-markets","mauthors-joann-santiago","mauthors-philippines-news-agency"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/21544","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=21544"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/21544\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/7623"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=21544"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=21544"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=21544"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}