Philippine News Agency
PSEi inches up, peso flat Friday
The Philippine Stock Exchange index (PSEi) climbed for the second straight day, closing up by 0.41 percent at 6,119.88 on Wednesday.
The PSEi further improved on Friday, increasing by 0.52 percent to 6,098.04 points.
On Wednesday, the Mining and Oil sector led the gains with a significant increase of 4.74 percent, while Property, Industrial, and Holding Firms sectors also saw increases.
On Friday, Property posted the largest gains, rising 1.53 percent, followed by Holding Firms, Industrial, Services, and Mining and Oil sectors.
Conversely, the Financials sector experienced declines on both Wednesday and Friday.
The Philippine peso remained largely unchanged, closing sideways against the US dollar at 58.09 on Wednesday, and flat at 57.94 on Friday.
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