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    Home»Business»Philippine Stocks Climb Amid Sectoral Mixed Bag
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    Philippine Stocks Climb Amid Sectoral Mixed Bag

    Business News AsiaBy Business News AsiaFebruary 15, 2024No Comments1 Min Read
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    The Philippine Stock Exchange (PSE) ended higher on Thursday, with the PSEi index up 0.40% to 6,882.15, signaling cautious investor optimism, StockMarketNews.ph reported. The All Shares index rose 0.37% to 3,601.55, led by Industrials with a 1.04% gain and Services up 0.73%. Financials also increased by 0.62%, closing at 1,982.45. Conversely, the Property sector dipped by 0.38%, closing at 2,937.38. The Mining & Oil index modestly grew by 0.33%, and the PSEi Total Return Index advanced 0.39% to 2,817.51. The PSE Dividend Yield Index saw a slight rise of 0.29%, while the PSE MidCap Index fell by 0.17%. Trading was active, with over 584 million shares exchanged, totaling PHP 5.31 billion. The market’s positive close, with 91 advances versus 83 declines, reflects a selective growth focus and a careful monitoring of economic and global trends.

     

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