PSEi Hits Fresh Peak
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| Source: PSE |
The bourse closed to a fresh new record high of 6,891.43 last Friday from 6,847.47 last peak on March 27 buoyed by record-breaking trades in Wall Street and expectations of better first-quarter corporate earnings at home. Alongside with record-low local interest rates, this boosted the risk-taking even as the local stock valuations have mostly hitting on expensive grounds.
All of the index sub indices end in positive with the exception of Industrial counter.
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| Source: PSE |
The index is 2.5% up from the previous week. Year to date, the local stock market is now up 18.56% from last year close of 5,812.73 and its Friday’s finish set the 25th time that the PSEi set new record closing levels this year.
Source: PSE
The PSEi index is also looking forward to break the record intra-day high of 6,956.92 recorded on April 1.
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| Source: PSE |
Bourse index biggest gainer is DMCI.
Total Volume
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4,586,314,127
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Total Trades
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26,588
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Total Value
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7,590,290,394
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Advances
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99
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Declines
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54
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Unchanged
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48
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