6 months PSEi goes over 7,800 on foreign buying Manilatimes |Biz
THE stock market rose for a third straight day on Thursday, thanks to foreign-fund inflows and month-end window dressing. The benchmark Philippine Stock Exchange index (PSEi) grew by 0.50 percent or 38.80 points to close at 7,836.55, while the broader All Shares grew by 0.36 percent or 17.27 points to end at 4,822.06. In a market note, brokerage firm Philstocks Financial Inc. said the bourse grew amid the foreign buying recorded during the day.Advertisements
Foreigners snapped up P3.5 billion issues and disposed of P3.1 billion for a net foreign buying position of P392.5 million. For his part, Regina ... more