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Article: Roundup: Philippine shares close higher but trading lackluster
- Article from:
- Xinhua News Agency
- Article date:
- September 29, 2009
CopyrightCopyright 2009 Xinhua News Agency. Provided by ProQuest LLC. (Hide copyright information)
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Roundup: Philippine shares close higher but trading lackluster
MANILA, Sept. 29 (Xinhua) -- The Philippine market closed higher
on Tuesday, tracking mostly the overnight gain of the U.S. market.
The bellwether Philippine Stock Exchange index rose by 0.81
percent or 22.67 points to 2,807.32, while the all share index went
up by 0.42 percent or 7.61 points to 1,788.32.
Trading remains lackluster where only 870 million shares valued
at 2.04 billion pesos (42.91 million U.S. dollars) were exchanged.
Investors continue to be net sellers at 320 million pesos (6.73
million U.S. dollars).
Only one of the six subsector indices moved lower. Mining and oil
stocks went up by 3.24 percent or 246.54 ...