Stocks down as investors digest gloomy jobs data

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The benchmark Philippine Stock Exchange Index closed lower as stocks resumed trading after the Holy Week break as investors weighed the latest job numbers showing more Filipinos without work. | miguelrcamusINQ /PDI

Investors also positioned ahead of the release of US inflation data on Thursday.

Financial and mining stocks rose 1.3 percent and 0.27 percent, respectively. Property stocks sank 1.17 percent, followed by services , holding firms , and industrial .BDO Unibank Inc. was the top traded stock as it rose 4.67 percent to P130 per share.

 

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