Stock-Market Outlook - BusinessMirror

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Share prices gained during the last trading week of 2022, despite the low volume of trade. The benchmark Philippine Stock Exchange index rose 25.36 points to close the year at 6,566.39 points.

Share prices gained during the last trading week of 2022, despite the low volume of trade.

Average value of trade for the three-day trading week was at P4.09 billion, lower than the 2022 average of P5.92 billion. Top losers, meanwhile, were Manila Broadcasting Co., LFM Properties Corp., Apollo Global Capital Inc., ATN Holdings Inc. B shares, Primex Corp., Metro Alliance Holdings and Equities Corp. A and Lepanto Consolidated Mining Co. A.Share prices may post gains during the first trading week of 2023 as investors may revert to their usual trading practices at the start of the year.

 

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