The main index added 9.63 points or 0.15 percent to close at 6,521.64 as the Industrial sector led the advance but Banks and Services declined. Volume was an anemic 1.73 billion shares worth P3.38 billion as gainers led losers 114 to 64 with 37 unchanged.
He noted that, investorsawait the release of the Philippine inflation print for May on June 6. Also scheduled for this week are the GIR level on June 7, industrial production on Thursday, and the Philippine unemployment rate, as well as the balance of trade on Friday.” “However, market participation remained weak as many were still on the sideways as they await May’s inflation rate to be released tomorrow.“
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