Philippine share prices closed 0.7 percent higher Tuesday on bargain hunting despite continued worries over rising inflation, dealers said. The composite index rose 18.69 points to 2,896.15, off the day's high of 2,903.51. The all-share index gained 8.70 points to 1,782.54. Advancers outnumbered decliners 71 to 29, while 65 were unchanged. Turnover improved but remained lean at P2.7 billion (63 million dollars), from Monday's P2.4 billion. The peso traded at 42.80 to the dollar. "The market continues to try and complete a full recovery. But the path is fraught with pitfalls and has not been an easy trek," said Francisco Liboro of PCCI Securities.
RP share prices
Post a Comment