7 months PSEi barely moves as investors await news Manilatimes |Biz
THE stock market finished slightly higher on Thursday as investors stayed on the sidelines due to the lack of market-moving developments. The benchmark Philippine Stock Exchange index (PSEi) grew by 0.19 percent or 15.35 points to close at 7,876.40 while the broader All Shares rose by 0.16 percent or 7.54 points to end at 4,843.44. Fidelity Securities Inc. trader Jenesis dela Peña said market players stayed on the sidelines while waiting for fresh catalysts. P2P Trade Online sales associate Gabriel Jose Perez said that flattish trading was likely to carry over today, March 29, given the lack of leads. The ... more