Stocks end higher on thin trades

  • 📰 manilabulletin
  • ⏱ Reading Time:
  • 48 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 51%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Local shares continued to slowly inch up yesterday, March 30, on the back of gains in US bourses. ManilaBulletin

The Philippine Stock Exchange index added 13.78 points, or 0.21 percent, to close at 6,644.75 as the Services sector led the advance with only the Property counter declining. Volume was thin at 573 million shares worth P4.03 billion as gainers beat losers 98 to 72 with 53 unchanged.

“Philippine shares marched up amid the strong tech gains in the U.S market, as well as the easing concerns around the status of the banking sector,” said Regina Capital Development Corporation Managing Director Luis Limlingan. He added that, “PEZA also announced an increase in approved investments in the first quarter of 2023 which totaled to P12.54 billion.

Philstocks Financial Assistant Research Manager Claire Alviar said “Despite trading sideways, the local bourse managed to gain, thanks to the continued easing of banking fears. Furthermore, the release of strong economic data domestically helped to ease investors' concerns and contributed to the market's positive momentum.”

“BSP Governor Felipe Medalla has reassured investors that the local banks remain robust and that the recent monetary tightening measures do not pose any significant risks to the overall financial stability of the Philippines,” she noted.

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

 /  🏆 25. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

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

Stocks gain, dollar slides as banking fear easesGlobal stocks rose and the dollar softened as a deal backed by the U.S. regulator for First Citizens BancShares to buy failed Silicon Valley Bank soothed wider worries about problems in the sector. | Reuters
출처: inquirerdotnet - 🏆 3. / 86 더 많은 것을 읽으십시오 »