PSE index: 33rd record high and counting
MANILA, Philippines - The Philippine Stock Exchange's (PSE) main index remains on the record-breaking mode.
On Monday, December 3, the PSEi closed at a new all-time high of 5,672.70, up by 32.25 points or 0.57%, largely led by property and banking issues.
This is the 33rd time in 2012 the PSEi breached record highs.
Monday trade followed a long weekend. The markets were closed on Friday in observance of Bonifacio Day. The PSEi closed at 5,640.45 on Thursday, November 29.
The broader all-share index climbed by 0.60% or 21.70 points to 3,661.12.
At the foreign exchange market, the peso traded sideways as it closed 40.880 to the dollar from Friday's 40.900.
Total volume traded reached $632.802 million. - Rappler.com