The benchmark Philippine Stock Exchange Index (PSEi) gained on Thursday after its flat performance the previous session. Any strong upside move, however, was tempered as investors remained cautious.
By the closing bell, the PSEi was up 0.65 percent, or 44.29 points, to 6,903.75. The broader all-shares index had also gained 0.53 percent, or 22.07 points, to 4,165.33.
Holding firms led the pack among subsectors with an increase of 1.22 percent. Property, financials as well as mining and oil also rose.
Industrial and services, however, dropped 0.21 percent and 0.14 percent, respectively.
Data from the PSE showed rising volumes as 36.2 billion shares valued at P10.4 billion were …
Keep on reading: PSEi gains 0.65% as trading volume rises