{"id":46756,"date":"2015-04-11T01:07:50","date_gmt":"2015-04-10T17:07:50","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=46756"},"modified":"2015-04-12T01:14:47","modified_gmt":"2015-04-11T17:14:47","slug":"phl-stocks-hit-27th-record-close-above-8100","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2015\/04\/11\/phl-stocks-hit-27th-record-close-above-8100\/","title":{"rendered":"PHL stocks hit 27th record close above 8,100"},"content":{"rendered":"
\"Philippine<\/a>
Philippine Stock Exchange<\/figcaption><\/figure>\n

MANILA — Local share prices surged to record level anew above the 8,100 mark on Friday, tracking the rise on overseas markets.<\/p>\n

The barometer Philippine Stock Exchange index (PSEi) posted its 27th record close for the year, advancing 74.79 points or 0.93 percent to 8,127.48 from Wednesday\u2019s 8,052.69.<\/p>\n

The Philippine market closed Thursday in observance of \u201cAraw ng Kagitingan\u201d or Day of Valor.<\/p>\n

\u201dThe market\u2019s recent move suggests that the risks have dissipated back into the background,\u201d said Jun Calaycay, analyst at Accord Capital Equities Corp.<\/p>\n

Calaycay said the United States Federal Reserve has clearly marked it will begin to raise rates soon; while Greece appears to move closer to striking a deal with its creditors for the release of a final tranche from the \u20ac340 billion rescue fund.<\/p>\n

European markets were uniformly higher by more than one percent.<\/p>\n

United States stocks closed Thursday trades with gains. The Dow Jones Industrial Average added 0.31 percent and the broader S&P500 gained 0.4 percent.<\/p>\n

Almost all counters surged significantly.<\/p>\n

Only the mining and oil and industrial sectors were in negative territory.<\/p>\n

Volume of transactions reached 1.51 billion shares valued at PHP8.52 billion.<\/p>\n

Advancers won decliners, 101 to 85, while 45 issues were unchanged.<\/p>\n

The day\u2019s most actively traded issues were led by SM Investments Corp., Universal Robina Corp., Philippine Long Distance Telephone Company, Ayala Land Inc. and Metropolitan Bank & Trust Company. (PNA)<\/p>\n","protected":false},"excerpt":{"rendered":"

MANILA — Local share prices surged to record level anew above the 8,100 mark on Friday, tracking the rise on …<\/p>\n","protected":false},"author":44,"featured_media":34704,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19,95,43],"tags":[],"class_list":["post-46756","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","category-news-ph","category-stock-markets","mauthors-philippines-news-agency"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/46756","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=46756"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/46756\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/34704"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=46756"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=46756"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=46756"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}