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Philippine stock market touched a new intraday high

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MessagePosté le: Mar 11 Sep - 06:52 (2018)    Sujet du message: Philippine stock market touched a new intraday high Répondre en citant

MANILA nike air vapormax 2018 saldi , March 4 (Xinhua) -- The Philippine stock market touched a new intraday high on Wednesday but profit takers trimmed down the gains.

The bellwether Philippine Stock Exchange index jumped by 0.92 percent or 71.32 points to 7,847.83 after touching an intraday high of 7,853.54. Similarly, the broader all-share index added 0. 71 percent or 32.24 points to 4 nike air vapormax 97 scontate ,557.31.

Trading volume reached 1.54 billion shares worth 9.19 billion Philippine pesos (208.36 million U.S. dollars) with 111 stocks advancing, 69 declining, and 42 remaining unchanged.

Of the six counters, only the mining and oil sector bucked the trend.

"Share prices got off to a rather jittery start to the mid-week session as the U.S. and Europe tumbled overnight and ahead of the inflation report on Thursday nike air vapormax flyknit saldi ," analyst Justino Calaycay of Accord Capital Equities Corp. said in his daily stock market comment.

As the session progressed however, investors were able to muster enough confidence to push the measure past the latest all- time closing high, moving practically flat thenceforth.

Philippine inflation will come out and Calaycay said they expect the figure to have slightly picked up between 2.5 percent to 2.7 percent in February in light of a series of oil price increases.

Nevertheless, these numbers are still within the government's official target band and raises no immediate concerns nike air vapormax plus scontate , nor motive for the local central bank to resume its tightening bias.

"The market can retain its poise above 7,700, provided the latest improved turnover is maintained on positive breadth," online brokerage 2TradeAsia said in its daily stock market comment.

Stocks in the 30-company index were mostly up. These include Ayala Land nike air max 98 supreme saldi , Inc., SM Investments Corp., and BDO Unibank, Inc.

Students perform military boxing on the graduation ceremony of Hong Kong Tertiary Military Training Camp in south China's Hong Kong nike air max tn ultra saldi , Aug. 13, 2017. The graduation ceremony of the 7th Hong Kong Tertiary Military Traning Camp was held at San Wai Barracks of the Chinese People's Liberation Army (PLA) Garrison in the Hong Kong Special Administrative Region (HKSAR) on Sunday. About 140 students from over 10 Hong Kong universities received military trainings and experienced military life during the 11-day camp. (XinhuaWang Xi)

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