Stocks end the week higher on US gains

  • 📰 manilabulletin
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

The local stock market ended the week on a positive note on the back of gains in US bourses.

The main index rose 30.35 points or 0.42 percent to close at 7,213.46 as the Mining and Oil counter led the advance while the Holding Firms sector was the only one in the red.

“Philippine shares climbed once again, buoyed by upbeat third quarter earnings from major US firms, a retreat from treasury yields, and hints of improvement in the US job market,“ said Regina Capital Development Corp. Managing Director Luis Limlingan.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 25. in BUSİNESS

Business Business Latest News, Business Business Headlines