{"id":75906,"date":"2016-05-14T03:47:01","date_gmt":"2016-05-14T07:47:01","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=75906"},"modified":"2016-05-14T03:47:01","modified_gmt":"2016-05-14T07:47:01","slug":"phl-shares-surge-9-month-high-7400","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2016\/05\/14\/phl-shares-surge-9-month-high-7400\/","title":{"rendered":"PHL shares surge to 9-month high above 7,400"},"content":{"rendered":"<figure id=\"attachment_75907\" aria-describedby=\"caption-attachment-75907\" style=\"width: 520px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2016\/05\/PSE.png\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-75907\" src=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2016\/05\/PSE.png\" alt=\"The Philippine Stock Exchange Center in Ortigas (Photo: Flickr\/_ACON_)\" width=\"520\" height=\"391\" srcset=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2016\/05\/PSE.png 520w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2016\/05\/PSE-300x226.png 300w\" sizes=\"auto, (max-width: 520px) 100vw, 520px\" \/><\/a><figcaption id=\"caption-attachment-75907\" class=\"wp-caption-text\">The Philippine Stock Exchange Center in Ortigas (Photo: Flickr\/<a href=\"https:\/\/www.flickr.com\/photos\/c0nch1\/\" target=\"_blank\">_ACON_<\/a>)<\/figcaption><\/figure>\n<p>MANILA, May 13 \u2013 Philippine shares surged to a nine-month high above 7,400-mark on Friday after investors cheered positive first-quarter domestic corporate earnings reports.<\/p>\n<p>The local stock barometer zoomed 111.75 points or 1.53 percent to 7,436.79 from previous day\u2019s 7,325.04 finish.<\/p>\n<p>Friday\u2019s closing level was the highest since August 13, 2015 when the index closed at 7,439.80.<\/p>\n<p>The holding firms sector was the biggest gainer, with the index surging by 3.13 percent led by conglomerates Ayala Corp., Aboitiz Equity Ventures Inc., Alliance Global Inc., Cosco Capital Inc. and DMCI Holdings Inc.<\/p>\n<p>\u201cMarket participants digested on first-quarter 2016 earnings data from large-caps,\u201d said online brokerage 2TradeAsia.com.<\/p>\n<p>It said election spending boosted property, power and retail sectors.<\/p>\n<p>Value turnover was thick at Php12.89 billion on 4.94 billion shares changing hands.<\/p>\n<p>Advancers swamped decliners, 112 to 78, while 49 issues unchanged.<\/p>\n<p>The mining and oil and property counters finished in the red.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MANILA, May 13 \u2013 Philippine shares surged to a nine-month high above 7,400-mark on Friday after investors cheered positive first-quarter &hellip;<\/p>\n","protected":false},"author":33,"featured_media":75907,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1482,16,95],"tags":[10719,10721,10720],"class_list":["post-75906","post","type-post","status-publish","format-standard","has-post-thumbnail","category-breaking","category-news","category-news-ph","tag-ph-shares","tag-philippine-shares","tag-phl-shares","mauthors-leslie-venzon","mauthors-philippines-news-agency"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/75906","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\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=75906"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/75906\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/75907"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=75906"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=75906"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=75906"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}