The bellwether 30-company Philippine Stock Exchange directory dipped 1.79 points or 0.0896 percent to 1,996.04 while the all-share needle edged up 0.09 points or 0.0071 percent. Stated income.

MANILA, Philippines- Philippine allocation prices on Tuesday closed rarely changed. Analysts said the Financials sub-index even the gains by retail heavyweights. The bellwether 30-company Philippine Stock Exchange factor dipped 1.79 points or 0.0896 percent to 1,996.04 while the all-share table of contents edged up 0.09 points or 0.0071 percent.

Gainers outpaced losers 48 to 34 while 47 stocks were unchanged. Four out of six sub-indices closed in the red, led by the 1.2088-percent douse by the Financials sign and the 0.3801-percent earth-slip by the Holding Firms. Volume continued to damp with 1.768-billion stocks advantage P1.072 billion.

"There's catholic trepidation that the pandemic curtness is still a want headway to recovery," said Peter Raymond Lee, IGC Securities analyst. He celebrated reports which stated that the Bangko Sentral ng Pilipinas and analysts contemplate profitability of Philippine banks to further agree this year owing to the worldwide fiscal crisis. "We traded at a secure range. The merchandise continues to proof the 2,000 defiance level. Telecommunications mammoth Philippine Long Distance Telephone Co., the top-traded dynasty for the day, jumped P10 or 0.4577 percent P2,195. Ayala Corp. climbed P30 or 1.3043 percent to P233 while piece Ayala Land Inc. was jejune at P233.

Bank of the Philippine Islands, one of the largest lenders, slid P0.50 or 1.2195 percent to P40.50.

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