Philippine Stock Exchange : Stock Market Tops 8,400, Hits Fresh Record High

This is source I found from another site, main source you can find in last paragraph

Oct. 13--The stock market notched another record close on Thursday, powering past the 8,400 resistance level as investors took their cues from positive news abroad.

Advertisements

The bellwether Philippine Stock Exchange index (PSEi) gained 0.53 percent or 44.34 points to finish at 8,402.81, while the wider All Shares grew 0.42 percent or 20.40 points to close at 4,928.28.

"Loud cheers were heard again in the trading floor. Big smiles again today for investors. Our market continues to be caught in the wave of optimism in the global market," First Grade Finance, Inc. Managing Director Astro del Castillo said.

"Record close in New York, big jump in most equities market worldwide and a string of positive news in the country kept local investors pushing the market to the 8,400 level," he added.

Regina Capital Development Corp. in a note, said the market resumed an upward trajectory "as the minutes from the FOMC (Federal Open Market Committee) meeting confirmed what was on many analysts' minds."

"Accordingly, we continue to place the subjective odds of a December [US Fed rate] hike at 80 percent," it added.

Sectoral results were mixed with services and financials posting declines.

Over 3 billion issues valued at P8.2 billion changed hands.

Losers led winners, 122 to 82, while 48 issues remained unchanged.

___

(c)2017 The Manila Times (Manila, Philippines)

Visit The Manila Times (Manila, Philippines) at www.manilatimes.net

Distributed by Tribune Content Agency, LLC.

© Tribune Content Agency, source Regional News

This is source I found from another site, main source you can find in last paragraph

Source : http://www.4-traders.com/PHILIPPINE-STOCK-EXCHANGE-6496666/news/Philippine-Stock-Exchange-Stock-market-tops-8-400-hits-fresh-record-high-25273705/

verbalize

various

Philippine Stock Exchange : Stock market tops 8,400, hits fresh record high
Index hits new peak, breaches 8,400
PSEi hits new high, nears 8,300
Stock index tops 8,400 points
Strong buying interests of retail investors lift QSE above 8,200
Spotify stock listing could be within a year - source
Bob Moriarty's Stock Tales from the Crypt
Market Now: BSE Consumer Durables index hits fresh record high
European markets end lower; Greece down 4%
Ben Affleck Under Scrutiny Over Alleged Improprieties — and This Wild Video Has Something to Do With It