PSEi closes slightly higher at 6,041.91 due to holiday window dressing

The Philippine Stock Exchange index (PSEi) closed slightly higher on Tuesday due to window dressing activities ahead of the holidays, gaining 0.01 percent or 0.65 points to end at 6,041.91.

Net value turnover remained anemic at P4.7 billion, reflecting subdued investor confidence and holiday trading modes.

Foreign investors were net buyers, with inflows of P107.99 million providing some market support.

Sectoral performance was mixed, with mining and oil stocks showing the biggest gains while the services sector declined.

ICTSI remained the top traded stock, falling by 1.65 percent, followed by BDO Unibank which dipped by 0.52 percent, and Suntrust Resort which soared by 21.31 percent.