Philstar
Bargain hunting lifts PSEi further
The Philippine Stock Exchange index (PSEi) extended its winning streak to three days, with bargain hunters capitalizing on low stock prices.
The PSEi gained 0.29 percent or 17.88 points to close at 6,094.10, while the broader All Shares Index rose 0.06 percent to settle at 3,670.88.
Market sentiment remained positive, supported by the peso holding its ground against the US dollar near the 57 mark.
Trading activity was strong, with total value turnover rising to P7.9 billion from P6.17 billion the previous day.
Sectoral gauges were mixed, with mining and oil posting the largest increase and property suffering the biggest decline.
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