News Formal

Stocks rise, index back at 6,700 level

  • 📰 manilabulletin
  • ⏱ Reading Time:
  • 19 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

대한민국 뉴스 뉴스

The local stock market rose for the third day to end the week higher on the back of gains in US bourses and less uncertainty in the local front.

The PSEi hiked 80.62 points or 1.21 percent to close at 6,726.14 as the Property sector led the advance across the board. However, volume dipped to 917 million shares worth P5.96 billion as gainers beat losers 99 to 79 with 46 unchanged.“Philippine share climbed along with the rest of the region on a batch of strong earnings from the US retail sector, which boosted market sentiment,” said Regina Capital Development Corporation Managing Director Luis Limlingan.

He added that, “Back home, President-elect Bongbong Marcos announced the line-up of his economic team, which the business community reacted favorably to.“ AB Capital Securities said “The local market continues to inch higher, following the rebound in global markets and as local investors start to digest the economic team of the incoming administration.”

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

dcb

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 25. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Philippine stocks track rebound in Asian markets - BusinessWorld OnlinePHILIPPINE SHARES corrected on Wednesday, tracking Asian markets, even as concerns over rate hikes and the global economy’s prospect continued to affect sentiment. READ:
출처: bworldph - 🏆 9. / 68 더 많은 것을 읽으십시오 »

Global stocks set for partial, lackluster and uneven recovery - BusinessWorld OnlineBENGALURU — Global stocks are forecast to recover from current levels but stay well below record highs this year and next as a majority of more than 150 equity analysts polled by Reuters predicted a rebound that is both lackluster and uneven.
출처: bworldph - 🏆 9. / 68 더 많은 것을 읽으십시오 »