PSEi retests 6,800 level | Inquirer Business

PSEi retests 6,800 level

AFP File PHOTO

MANILA—The local stock index retested the 6,800 level on Tuesday before paring gains, riding on strong sentiment from foreign investors.

The Philippine Stock Exchange index added 17.44 points or 0.26 percent to close at 6,784.95, rising for the fourth straight session. The index is now trading at its highest level for 2014.

Article continues after this advertisement

The PSEi hit as high as 6,815.26 in intra-day trade but gave up some gains as some investors pocketed gains.

Dealers said sentiment was very strong, making up for the usual post-holiday lethargy among domestic investors. Net foreign buying for the day was heavy at P2.68 billion, based on PSE data.

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

TAGS: Business, stocks

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our newsletter!

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

This is an information message

We use cookies to enhance your experience. By continuing, you agree to our use of cookies. Learn more here.