PSEi extends gains, hits new high

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The index ended at 6,470.49, up 34.51 points or 0.54% from Monday's close of 6,435.98

MANILA, Philippines – Stocks extended gains on Tuesday, February 5, hitting their 15th all-time high in 2013.

The Philippine Stock Exchange index (PSEi) ended at 6,470.49, up 34.51 points or 0.54% from Monday’s close of 6,435.98. 

This was the 76th time the index touched a new high under the Aquino administration.

The broader all-share index also closed higher at 4,053.34, up 12.42 points or 0.31% from Monday’s 4,040.92. 

All sectors were in positive territory, except for the property index, which fell 0.51%.

The services sector posted the biggest advance of 1.03%.

There were 87 advancers and 84 decliners, while 48 stocks did not move.

Around 4.1 billion shares changed hands at the exchange. These transactions were valued at P9.6 billion. – Rappler.com

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