PSEi edges past 6,300 as companies crush inflation monster

📆 15/11/2022 4:36:00
📰 inquirerdotnet

⏱ Reading Time:
8 sec. here
2 min. at publisher
📊 Quality Score:
News: 7%
Publisher: 86%

España Noticias Noticias

España Últimas Noticias,España Titulares

The benchmark Philippine Stock Exchange index pushed past the 6,300 level on Monday as investors digested the latest batch of corporate earnings from some of the country’s top conglomerates.

By the closing bell, the PSEi added 1.08 percent, or 67.99 points, to 6,354.76 while the broader All Shares index rose 0.71 percent, or 23.70 points, to 3,352.59.Conglomerates GT Capital Holdings and Ayala Corp. announced better earnings, showing further evidence that local companies successfully managed challenges brought about by high inflation during the third quarter of the year.

Holding firms was the top gaining subsector on Monday. It was followed by industrial , property , financials and services while mining and oil fell .

Escribir Comentario

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

España Últimas Noticias, España Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

What’s new with Philippine investment incentives - BusinessWorld Online2022 has ushered in several changes to the Philippines: a new administration, the winding down of the COVID-19 pandemic, and updates to the country’s investment incentive strategy.
Fuente: bworldph - 🏆 9. / 68 Leer más »