PH Stocks Edge Closer to 6,000-pt Mark

Manila—(PHStocks)—Local shares ended the year’s first week of trading on a very strong note, as the bellwether Philippine Stock Exchange index (PSEi) closed at 5,971.45, up by 0.63% – another record high for the local bourse.

The wider all-shares index also gained a further 0.41% to end the week at 3,778.43. All counters except the Industrials sector went up, although not significantly. The Services sector managed to pull in a 0.79% gain, while the Holding Firms segment went up by 0.75%.

About 1.62 billion shares changed hands today, valued at nearly PhP7.59 billion. There were 98 gainers against 67 losers, while 49 stocks were flat.

Below are the top gainers for the day:

Below are the top losers for the day:

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