The local stock barometer slightly gained on Friday, shrugging off a decision of Metro Manila mayors to impose uniform curfew hours amid a spike in coronavirus cases.
In line with mostly buoyant regional markets, the main-share Philippine Stock Exchange index (PSEi) added 9.37 points or 0.14 percent to close at 6,728.55.
It was announced on Thursday that for two weeks starting March 15, a curfew would be imposed from 10 p.m. to 5 a.m. Dealers believe this will not curb economic activities in the metropolis.
For the week, the PSEi lost a total of 152.82 points or 2.22 percent.
On Friday, modest gains posted by the industrial, holding firm and property counters, which all added…
Keep on reading: PSEi closes slightly up as market shrugs off curfew imposition