Manila–(PHStocks)–The bellwether Philippine Stock Exchange index (PSEi) ended Friday, 9 March, 0.5% higher from the previous day at 4,980.71 points, continuing on its track to breach 5,000 points again.
The PSEi reached 5,016.30 points on Friday, 2 March, and further grew to 5,030.58 on Monday, 5 March. Tuesday and Wednesday saw massive selloffs as investors cash in on their gains. Wednesday, in particular, saw the PSEi dip to 4,921.36 points, down 0.93% from the previous day. The mainboard index recovered on Thursday, gaining 0.76% to close at 4,958.52.
On a sectoral basis, the Industrials index extended its gains at the close of trading day today, posting a 1.45% growth. The Property sector gained 0.8%, while the Financials index went up by 0.45%.
Trading volume reached 5.91 billion, valued at PhP5.4 billion. There were 93 gainers against 73 losers and 36 flat stocks.
The top gainers for the day are as follows: