Logo

01 日 マニラ

31°C24°C
両替レート
¥10,000=P3,830
$100=P5,540

01 日 マニラ

31°C24°C
両替レート
¥10,000=P3,830
$100=P5,540

Stocks recover but peso slips to P49.35 against the US dollar

2016/11/17 英字

Stocks bounced back on bargain hunting on Wednesday after falling through a key support level for the Philippine Stock Exchange index.

The index gained 109.13 points to close at 6,966.28 points. It was at a peak of 123.71 after the lunch trading break. Advances led declines, 104-75 with 45 issues unchanged.

Despite the rally, foreigners were still on selling mode. Selling by foreign funds reached P4.05 billion while buying amounted to P2.68 billion.

The peso declined to P49.35 to the US dollar from Tuesday’s P49.17 as volume at the Philippine Dealing System rose slightly from $666.50 million from the previous day’s $600.90 million.

The Philippine currency remained at a near eight-year low against the US dollar.

Among earnings reports, property developer DoubleDragon net income for the January to September period rose by 6.6 percent, the firm said in a disclosure to the stock exchange. DoubleDragon’s stock price remained unchanged at P51.80.

Lopez Holdings’ nine-month net income went up by 27 percent to P5.52 billion.

Semirara Mining and Power Corp.has pledged to support the Caluya local government unit’s campaign to declare two near-shore sites in Semirara Island as marine reserves or marine protected areas

Semirara is also pledging to restock giant clams on the two sites once these are legally declared as marine protected areas. The company breeds and reseeds giant clams through its marine hatchery laboratory in Semirara Island. DMS

おすすめ記事

Navy refutes reports of combat readiness patrols by China around Scarborough

2025/6/1 英字 無料
無料

US stresses need to be vigilant in Indo-Pacific

2025/6/1 英字 無料
無料

Philippines deepens defense ties with Singapore, Australia at Shangri-La Dialogue

2025/6/1 英字 無料
無料

VP Duterte not prioritizing reconciliation with Marcos

2025/6/1 英字 無料
無料

DOH confirms only milder Clade II Monkey pox variant in the Philippines

2025/6/1 英字 無料
無料

Around P57 million amount of damaged crops and more than P225,000 damaged properties were recorded in a tornado that hit several barangays in Tupi, South Cotabato on Thursday afternoon.

2025/6/1 英字 無料
無料