"The PSEi breached the 6,170 [-point] interim resistance with relative ease, but found failed to muster enough momentum to convincingly push past the line. It stayed level practically from that point onwards. It slid marginally under the line at the close,"
According to him, favorable lending numbers from
Also, early earnings reports by domestic firms fell in line with expectations, Calaycay added.
All the sectoral indices also ended on the green side with mining and oil having the largest advancement, rising by 1.85 percent, or 254.68 points to end at 14,021.23, while industrial climbed by 1.55 percent, or 142.45 points to 9,308.78.
Next to them were financials, which went up by 1.12 percent, or 16.92 points to 1,532.28, while services expanded by 1.18 percent, or 22.08 points to 1,893.96. Holding firms increased by 0.44 percent, or 24.52 points to 5,542.32, while property gained 0.41 percent, or 9.34 points to 2,309.88. Total value turnover improved to
Some of the most actively traded stocks were
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