Philippine shares close lower amid low volumes

Philippine shares closed slightly lower on Friday, January 10, 2025, with the PSEi declining by 0.23 percent to 6,496.32.

The slight dip in the stock market was attributed to low trading volumes as US markets were closed for a holiday.

Most sectors ended in the red, except for Financials which gained 0.55 percent, while Holding Firms saw the largest decline.

Conversely, the Philippine peso strengthened against the US dollar, closing at 58.36 from the previous day's 58.50.

Trading volume for the day was USD1.81 billion.

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