THE stock market gained less than a fifth of a percent on Tuesday but this was enough for another record high — the eighth so far for the year. The benchmark Philippine Stock Exchange index (PSEi) rose by 0.19 percent to close at 9,058.62, up 17.42 points from Friday’s previous all-time peak of 9,041.20. The wider All Shares, meanwhile, eked out a 0.07-percent or 3.68-point gain to 5,273. PLDT and Globe rallied strongly, taking (Globe parent firm) Ayala Corp. with it,” COL Financial, Inc. chief technical analyst Juanis Barredo said. Only the industrial and property sectors recorded declines on Monday, falling by 0.61 percent and 0.55 percent, respectively.
Source: Manila Times January 29, 2018 16:07 UTC