SIGNS of recovery at the world’s second-biggest economy led Asian stock markets higher on Friday.
At the Philippine Stock Exchange, the composite index increased by 0.412 percent, or 12.49 points to 3,043.75.
The all-shares index likewise rose by 0.642 percent, or 12.38 points to 1,928.34.
Trading value returned to its normal daily average, reaching P2.749 billion amid trading volume of 975.9 million.
Gainers outpaced losers, 79 to 44 while 50 counters were unchanged.
Four sectoral indices increased, namely the financial, property, services, and mining and oil sectors. The holding firms index was the lone decliner.
Asian share prices went up on Friday after Japan reported that its factory output rose 2.5 percent in January from the previous month.
At the Philippine Dealing System, the peso moved sideways on Friday amid news of a possible collapse of the pound as a result of a potential downgrade of the United Kingdom, traders said.
“The peso is likely to break in the downside toward 45.80 next month,” a currency trader said.
The Philippine currency closed at 46.13 against the US dollar from 46.28 the previous day. It opened at 46.20 and traded to a high of 46.20 and a low of 46.12, with trading volume at $370.98 million.
Traders said the peso is likely to trade between 45.80 and 46.80 next week. — Maricel E. Burgonio and Lailany P. Gomez, Manila Times
March –
IT’S WOMEN’S MONTH!
“Respect and support women
every day of the year/s!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
Forced Labour and Freedom of Association.
Accept the National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands
#Report Corruption #SearchPosts #TakePicturesVideos
Monthly Observances:
Women’s Role in History Month
Weekly Observances:
Week 1: Environmental Week;
Women’s Week
Week 3: Philippine Industry and “
Made-in-the-Philippines Products Week
Last Week: Protection and Gender-Fair Treatment
of the Girl Child Week
Daily Observances:
March 8: Women’s Rights and
International Peace Day;
National Women’s Day
March 4: Employee Appreciation Day
March 15: World Consumer Rights Day
March 18: Global Recycling Day
March 21: International Day for the Elimination
of Racial Discrimination
March 23: International Day for the Right to the Truth
Concerning Gross Human Rights Violations
and for the Dignity of Victims
March 25: International Day of Remembrance of the
Victims of Slavery and the Transatlantic Slave Trade
March 27: Earth Hour
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