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
September 18 –
International Equal Pay Day
“Increase wages now,
more than other cost items.
For widespread, practical equality!”
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
October –
Monthly Observances:
Industry and Commerce Safety Month
National Statistics Month
Local Government Month
Consumer Welfare Month
Cooperative Month
National Quality and Productivity Improvement Month
National Health and Wellness Tourism Month
National Indigenous Peoples Month
Weekly Observances:
Week 1: Elderly Filipino Week
Week 2: National Health Education Week
Local Government Week
National Mental Health Week
October 17-23:
National Week for Overcoming Extreme Poverty
October 18 – 24:
United Nations Week
Last Week:
Nurses’ Week
Consumers’ Protection Week
Week of the 4th Sunday:
Barrio Farmers’ Week
Daily Observances:
First Monday (Oct 4): Universal Children’s Day i
n the Philippines
Oct 5: National Teachers’ Day
Oct 10: Local Government Day
Third Thursday (Oct 14): Conflict Resolution Day
Oct 21: Tenants’ Emancipation day
Oct 24: United Nations Day
Oct 29: National Indigenous People’s Thanksgiving Day
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