She also said that the market is still somehow clinging on external developments, with US stocks still performing good.
Some sectoral indices sustained their gaining momentum. Property fell by 1.03 percent, or 23.99 points to 2,298.35, while mining and oil had a 0.38-percent drop, or 52.58 points to 13,818.70. Holding firms ended negatively flat at 0.07 percent, or 3.78 points to 5,508.81.
Still, industrial was somehow consistent, rising slightly by 0.68 percent, or 61.29 points to 9,038.06, while financials went up a bit by 0.52 percent, or 7.85 points to 1,513.83. Services increased by 0.42 percent, or 7.97 points to 1,899.21.
Market activity also improved further with total value turnover ending at
Some of the actively traded stocks on Wednesday were
On Tuesday, the local stock market went up after optimism within global markets influenced Philippine shares anew. The PSEi went up by 1.06 percent, or 63.78 points to 6,106.03, while the broader allshares index climbed by 0.90 percent, or 33.01 points to 3,710.31.
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