Continuous stock index rise since start of the week


The Philippine stock exchange index (PSEi) posted its third day increase since the start of the week as of noon market recess today.

As of 12 noon, the PSEi rose by 0.80 percent or 53.78 points to 6,796.99, while broader all shares went up by 0.66 percent or 26.90 points to 4,123.48.

The continuous increase of the local market for the trading week was attributed to the good results of President Benigno Aquino 3rd’s State of the Nation Address on Monday, as well as the positive economic performance of the country, as well as foreign markets such as United States, Japan and China.


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