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Phl stocks advance following Wall Street rally
The Philippine Star
|January 10, 2024
Philippine stocks bounced back yesterday, aligning with the recovery in Wall Street.
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The Philippine Stock Exchange index closed at 6,618.52, up by 9.30 points or 0.14 percent while the broader All Shares index gained 4.17 points or 0.12 percent to close at 3,503.68.
The sectoral gauges were mixed but mostly down, with only the financials and property closing in the positive territory.
Mikhail Plopenio of Philstocks Financials said the local market inched
up as investors took positive cues from Wall Street overnight amid the decline in the US' long-term treasury yields.
This story is from the January 10, 2024 edition of The Philippine Star.
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