{"id":88544,"date":"2017-02-08T20:48:51","date_gmt":"2017-02-09T01:48:51","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=88544"},"modified":"2017-02-08T20:48:51","modified_gmt":"2017-02-09T01:48:51","slug":"psei-php-weaken-further-on-eu-political-situations-bsp-policy-meeting","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2017\/02\/08\/psei-php-weaken-further-on-eu-political-situations-bsp-policy-meeting\/","title":{"rendered":"PSEi, PHP weaken further on EU political situations, BSP policy meeting"},"content":{"rendered":"
\"After<\/a>
After a few days of run-up, profit-taking caused the further decline of the Philippine Stock Exchange index (PSEi) on Wednesday, which in turn, affected the peso. (Photo: Bangko Sentral ng Pilipinas\/Facebook<\/a>)<\/figcaption><\/figure>\n

MANILA\u2014After a few days of run-up, profit-taking caused the further decline of the Philippine Stock Exchange index (PSEi) on Wednesday, which in turn, affected the peso.<\/p>\n

The PSEi shed 0.36 percent, or 27.82 points, to 7,234.82 points, which a trader also traced to investors\u2019 cautious stance ahead of the meeting of the Bangko Sentral ng Pilipinas\u2019 (BSP) policy-making Monetary Board (MB) Thursday.<\/p>\n

All Shares followed the main index after it went down by 0.14 percent, or 6.22 points, to 4,379.55 points.<\/p>\n

Most of the sectors also ended the day on the red, led by Property with a drop of 1.05 percent. Services fell one percent, Financials, 0.61 percent, and Industrial, 0.59 percent<\/p>\n

On the other hand, Holding Firms and Mining and Oil rose by 0.65 percent and 0.54 percent, respectively.<\/p>\n

The day\u2019s turnout covered 5.14 billion shares amounting to Php 6.5 billion.<\/p>\n

Losers led gainers at 99 to 93 while 46 shares were unchanged.<\/p>\n

Similarly, the peso ended the day at 49.87, weaker than the 49.78 a day ago.<\/p>\n

A trader said political developments in Europe are affecting investors\u2019 sentiment, thus, the preference for the safe haven.<\/p>\n

The peso\u2019s weakness showed early on when it started the day at 49.83 from the 49.70 Tuesday.<\/p>\n

It traded between its closing level and 49.75, resulting an average of 49.82.<\/p>\n

Volume of trade reached USD 528 million, lower than the USD 548 million Tuesday.<\/p>\n

The currency pair is seen to trade between 49.70 and 49.90 Thursday.<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

MANILA\u2014After a few days of run-up, profit-taking caused the further decline of the Philippine Stock Exchange index (PSEi) on Wednesday, …<\/p>\n","protected":false},"author":33,"featured_media":84235,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[1216,12556],"class_list":["post-88544","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-bangko-sentral-ng-pilipinas","tag-philippine-stock-exchange-index","mauthors-philippine-news-agency"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/88544","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=88544"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/88544\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/84235"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=88544"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=88544"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=88544"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}