MANILA – Stocks ended this week’s trade on positive note contrary to the slide of the local currency against the US dollar.

The Philippine Stocks Exchange index closed at 5,145.89 points, up 114.11 points or 2.2678 percent change.

Also, the broader all shares index rose by 2.0913 percent or 70.62 points to 3,447.53 points.

All the indices were also up, an improvement for the mining and oil index, which was the only index that was down in the morning session.

The mining and oil posted the highest value at 25,294.65 points after a change of 334.42 points or 1.3398 percent.

This was followed by the industrial index at 7,778.01 points, up 196.97 points or 2.5982 percent.

Holding firms ended the trade at 4,216.05 points, posting an increment of 72.81 points or 1.7573 percent.

The property index reached 1,944.11 points, a change of 5.477 percent or 100.95 points.

The services index reached 1,761.58 points, up 26.50 points or 1.5273 percent.

The financials index came in last at 1,282.04 points after posting a rise of 12.33 points or 0.9711 percent.

Gainers edged losers at 132 to 32 while 42 remained unchanged.

A total of 7.1 billion shares changed hands valued at P10.58 billion.

Meanwhile, the peso shed .05 centavos to 43.06 from Thursday’s 43.01 closing. The local currency started the trade at 42.94, better than the previous day’s 43.07 start. It strengthened to as much as 42.84 but went to as low as 43.08.

It averaged at 42.92, an improvement over day-ago’s 43.06 level. Volume of trade reached $1.12 billion, down from the previous day’s $1.16 billion.*PNA

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