Stocks rise in mixed trading

Published May 21, 2020, 12:00 AM

by manilabulletin_admin

By James A. Loyola

The local equities market chalked up a gain again in mixed trades with more stocks losers than gainers.

The PSEi was higher by 22.53 points or 0.40 percent to 5,604.49 with the Holding Firms counter leading the advance.

Vol¬ume improved to 450 million shares worth ₱4.73 billion as 86 stocks retreated while 75 moved up and 57 were unchanged.

“Philippine shares rose, building on yesterday’s gains, as traders increased bets of an economic recovery with more states easing stay-at-home orders,” Regina Capital Development Corporation Managing Director Luis Limlingan.

 
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