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On Thursday, Philippines stocks slumped after the close because losses in the Property, Holding Firms as well as Services sectors suppressed stocks.
The PSEi Composite went down 1.20%.
On the PSEi Composite such benchmarks as GT Capital Holdings Inc, San Miguel Corp and Petron Corp became the top notch performers, ascending respectively 4.92%, 3.13% and 0.98%.
On the contrary, the worst performers were represented by PLDT Inc, Metro Pacific Investments Corp and Ayala Land Inc. They dived respectively 3.45%, 3.22% and 2.85%.
On the Philippines Stock Exchange diving equities outnumbered soaring ones by 120 to 89, while 53 were intact.
Stocks in GT Capital Holdings Inc tacked on to 52-week maximums, adding 4.92% to 1450.00. Equities in PLDT Inc sank to 52-week minimums, sliding 3.45% hitting 1400.00. As for equities in San Miguel Corp, they inched up to 5-year peaks, gaining 3.13% to 132.00.
The currency pair CNY/PHP decreased 0.21% being worth 7.7414, USD/PHP gained 0.02% trading at 50.396.
On Wednesday, European equities surged due to the fact that Italian financial institutions rebounded on expectations that Rome could come to a compromise with Brussels over its budget plans…
On Wednesday, Asian equities kept rebounding following a steep dive on Wall Street overnight…
On Tuesday, American futures declined by 1% because a technology rout in the previous trading marathon provoked by fears over iPhone sales affected investors' appetite for high-surge companies…
Safe havens such as gold and Japanese yen declined as investors sentiment was boosted by eased geopolitical tensions…
On Tuesday, the euro tacked on because market participants waited for reports on inflation and growth in the euro zone, while the Japanese yen went down after Japan’s major bank told it would be more flexible in its huge stimulus program…
On Tuesday, the evergreen buck dived because the common currency bounced off and the UK pound managed to ascend to the day’s maximums reacting to reports that British Prime Minister Theresa May is going to take control of Brexit talks…
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