The Philippine Stock Exchange index gained 20.67 points or 0.30 percent to 6,861.31 on the first trading day of the year.
For the third straight session, foreign investors were in a net buying position on upbeat prospects for the new year. Net foreign inflows to the local stock market stood at P319 million for the day.
Value turnover for the day was meager at P2.68 billion as many investors were still on a holiday break after the New Year turnover.
“The year ahead could once again be challenging. However, I believe that challenges offer us opportunities. Challenges hone our skills, develop our character, and allow us to appreciate the things we have,” PSE chair Jose Pardo said in his welcome remarks during the bell ringing program on Tuesday.
No comments:
Post a Comment