5 months PSEi ends 3-day losing streak Manilatimes |Biz
THE stock market snapped a three-day losing streak on Tuesday as investors repositioned portfolios following a rebalancing of the Morgan Stanley Capital International (MSCI). The benchmark Philippine Stock Exchange index (PSEi) grew by 0.47 percent or 36.28 points to close at 7,761.29 while the broader All Shares rose by 0.52 percent or 24.62 points to end at 4,790.05. “MSCI’s rebalancing actually ended up leading the index to close in the green,” P2P Trade Online sales associate Gabriel Jose Perez said.Advertisements
Regina Capital Development Corp. Head of Sales Luis Limlingan shared the same view, saying market players paid attention ... more