Friday, October 19, 2018
  • share this

PH stock index returns to 8,300 level

/ 05:00 AM November 14, 2017

The local stock barometer pulled back to the 8,300 level on Monday as investors digested the latest stream of local third quarter corporate earnings.

The main-share Philippine Stock Exchange index shed 103.46 points or 1.23 percent to close at 8,330.02 while sentiment across the region was mixed.


The day’s decline was led by the financial, holding firm, services, mining/oil and property counters, which all slid by over 1 percent.

Only the industrial counter managed to eke out a modest gain (+0.77 percent).


Value turnover for the day amounted to P8.22 billion.

There were 115 decliners that edged out 72 advancers while 49 stocks were unchanged.

The PSEi was weighed down most by Ayala Land and Semirara, which respectively fell by 2.97 percent and 3.13 percent. SM Investments also slid by 2.76 percent.

Megaworld lost 2.14 percent while PLDT, BDO and SM Prime all slipped by over 1 percent. Metro Pacific and Puregold also faltered.

Read Next
Don't miss out on the latest news and information.
View comments

Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen to the news, download as early as 4am & share articles on social media. Call 896 6000.

TAGS: Business, Local Stock
For feedback, complaints, or inquiries, contact us.

© Copyright 1997-2018 | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.