Piso, lumakas pa bago mag-Christmas break ayon sa Philippine Stock Exchange Index
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NewsTranscript
00:00The Peso increased even more before Christmas break, according to the Philippine Stock Exchange Index.
00:06According to the PSCI, the local stock market and Philippine Peso ended up positive before Christmas holiday.
00:12They increased the benchmark within the next two days, where there was an increase of 2.01% on Monday at more than 6,000 points.
00:22The shares also increased by more than 1%, as well as the industrial shares, which rose by almost 3%,
00:28followed by mining and oil, which rose by more than 2%.
00:31According to the Rizal Commercial Banking Corporation, the performance of the PSCI
00:36in possible window dressing activities before the end of the accounting year can be measured.
00:41Yesterday, the stock market's momentum was also supported by a stronger Peso.
00:45Meanwhile, the Peso closed at 58.45 in the US dollar on Monday.
00:51It fell by more than 0.36 from the trade in the past few days.