Tuesday 22 January 2019
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inquirer - 8 month ago

PSEi slips by 0.21% as investors pocket gains

The benchmark Philippine Stock Exchange Index (PSEi) took a pause as investors pocketed profits after gains in recent days. The PSEi yesterday slipped by 0.21 percent, or 16.41 points, to 7,869.56. The broader all-shares index was also down 0.32 percent, or 15.34 points, to 4,754.80. In a note to investors, Papa Securities Corp. said the PSEi remained attractive as a trading market. There is a strong trendline support at the 7,700-7,730 area, Papa Securities said. However, it cited concerns on

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