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Manila Bulletin devider Business devider Stocks up on bargain hunting

Stocks up on bargain hunting

Published Jul 20, 2020 10:00 pm

The stock market started the week on positive footing yesterday amid some bargain hunting.


The Philippine Stock Exchange index (PSEi) gained 61.95 points, or 1.02 percent, to close at 6,150.70 but thr Financials and Mining & Oil counters retreated.


Volume fell to 2.27 billion shares worth an anemic P3.11 billion as gainers outpaced losers 109 to 75 with 52 unchanged.


“Local shares finished higher as investors looked past mixed US earnings reports and retraced some of last week's losses,” said Regina Capital Development Corporation Managing Director Luis Limlingan.

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