Friday, September 17, 2010

PSEi hits 4,021.33 mark, Peso reaches 44.339 to the US$

MANILA, Sept. 17 - The Philippine Stock Exchange index (PSEi) continued its amazing run Friday by surging to a new high at 4,021.33 early in the trading day.

The PSEi, however, finished 26.11 points lower or 0.65 percent to close at 3,979.35.

Value turnover reached P6.6 billion.

PSE president and chief executive officer Val Antonio B. Suarez said that year-to-date, the index has gained a total of 30.36 percent or 926.67 points.

The PSE is the country's only stock exchange with 250 listed firms and 132 active trading participants. 

Meantime, the US$ and PhP exchange rate for September 17, 2010 was as follows:

US$ 1.00 = PhP 44.339

(With reports from PNA and Bangko Sentral ng Pilipinas)

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