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Market extends gains to 4th day

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The stock market extended its winning streak to four yesterday, but gains were minimal due to lack of catalysts.

MANILA, Philippines — The broader All Shares index likewise inched up by 0.13 percent or 4.51 points to end at 3,467.97.

“Sentiment was supported overseas as Wall Street logged its second consecutive winning streak as investors applauded the so far, so good earnings results of US-listed companies,” he said. As a result, he said net market value turnover was tepid at P3.28 billion on Thursday, lower than the year-to-date average of P5.06 billion.Property and services were in the red, declining by 0.61 percent and 0.19 percent, respectively.

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