{"id":274872,"date":"2020-11-10T20:33:35","date_gmt":"2020-11-11T01:33:35","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=274872"},"modified":"2020-11-10T20:33:35","modified_gmt":"2020-11-11T01:33:35","slug":"stocks-surge-on-positive-covid-19-vaccine-news-peso-slips","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2020\/11\/10\/stocks-surge-on-positive-covid-19-vaccine-news-peso-slips\/","title":{"rendered":"Stocks surge on positive Covid-19 vaccine news; peso slips"},"content":{"rendered":"<figure id=\"attachment_261643\" aria-describedby=\"caption-attachment-261643\" style=\"width: 415px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2020\/07\/0-02-06-95a81f3606ea644de15590f0cc2c066862616e6580ba4e27834f02287784ce79eb120d4d.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-261643\" src=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2020\/07\/0-02-06-95a81f3606ea644de15590f0cc2c066862616e6580ba4e27834f02287784ce79eb120d4d.jpg\" alt=\"\" width=\"415\" height=\"260\" srcset=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2020\/07\/0-02-06-95a81f3606ea644de15590f0cc2c066862616e6580ba4e27834f02287784ce79eb120d4d.jpg 415w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2020\/07\/0-02-06-95a81f3606ea644de15590f0cc2c066862616e6580ba4e27834f02287784ce79eb120d4d-300x188.jpg 300w\" sizes=\"auto, (max-width: 415px) 100vw, 415px\" \/><\/a><figcaption id=\"caption-attachment-261643\" class=\"wp-caption-text\">The Philippine Stock Exchange index (PSEi) rose by 5.23 percent, or 349.63 points, to 7,035.48 points. (PNA Photo)<\/figcaption><\/figure>\n<div dir=\"auto\"><strong>MANILA<\/strong>\u00a0\u2013 News about the success of the third phase studies on the possible coronavirus disease (Covid-19) vaccines of both the Germany-based BioNTech SE and Pfizer Inc. boosted the local bourse but the peso weakened.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">The Philippine Stock Exchange index (PSEi) rose by 5.23 percent, or 349.63 points, to 7,035.48 points.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">All Shares trailed with a jump of 3.42 percent, or 135.35 points, to 4,096.47 points.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">Holding Firms index increased by 7.09 percent and was followed by Property, 6.95 percent; Financials, 3.35 percent; Services, 1.74 percent; Industrial, 0.63 percent; and Mining and Oil, 0.26 percent.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">Volume totaled 2.44 billion shares amounting to PHP13.1 billion.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">Gainers led losers at 131 to 87, while 35 shares were unchanged.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">Luis Limlingan, Regina Capital Development Corporation head of sales, said European markets also surged following news that the possible Covid-19 vaccines of the two companies prevented over 90 percent of infections based on the results from study volunteers, higher than expectations of between 60 to 70 percent.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">Meanwhile, the peso ended the day\u2019s trade weaker against the US dollar at 48.27 from 48.145 a day ago.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">It opened the day at 48.24 and traded between 48.27 and 48.2.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">The average level for the day stood at 48.237.<\/div>\n<div dir=\"auto\"><\/div>\n<div dir=\"auto\">Volume totaled to USD710.6 million, higher than the USD679.3 million a day ago.<\/div>\n","protected":false},"excerpt":{"rendered":"<p>MANILA\u00a0\u2013 News about the success of the third phase studies on the possible coronavirus disease (Covid-19) vaccines of both the &hellip;<\/p>\n","protected":false},"author":44,"featured_media":261643,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"class_list":["post-274872","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\/274872","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=274872"}],"version-history":[{"count":2,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/274872\/revisions"}],"predecessor-version":[{"id":274874,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/274872\/revisions\/274874"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/261643"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=274872"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=274872"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=274872"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}