Local shares put on a slow, yet positive start for the week amid continuing uncertainty in the global oil supply chain. The bellwether Philippine Stock Exchange index (PSEi) closed at 3,886.48 points, marginally up by 0.097%, and slowly but surely edging closer to the 3,900 mark. The wider all-shares index, however, dropped but just only 0.11% or 3.33 points.
On sectoral indices, the Financials segment gained 0.66%, while the Property index moved up 0.15%. The Mining & Oil index faltered, shedding 1.19%, while the Industrials counter slid declined by 0.22%.
Trading volume reached 1.4 billion, worth PhP3.516 billion, on 10,690 trades. Losers outnumber gainers 65 to 51, while 49 stocks remained flat.
Leading gainers for the day are as follows: