7 months Bourse reaches 3-week high Manilatimes |Biz
THE stock market climbed back to the 7,900 territory on Friday on account of the month-end window dressing and foreign buying. The bellwether Philippine Stock Exchange index (PSEi) rose by 1.70 percent or 133.47 points to close at 7,970.02, a three-week high, while the broader All Shares rose by 1.42 percent or 68.31 points to end at 4,890.37. P2P Trade Online sales associate Gabriel Jose Perez noted the heavy foreign fund inflow during the day.Advertisements
Net foreign buying picked up further to P734 million as foreigners bought P5.2 billion issues and sold P4.49 billion. Regina Capital Development Corp. ... more