Investors drive share prices higher on the first trading day of 2025, with the PSEi gaining 21.60 points. Optimism prevails for a stronger year, with key economic indicators and domestic performance in focus.
Share prices surged during the first trading day of 2025 as investors embarked on a buying spree late in the session. The benchmark Philippine Stock Exchange Index (PSEi) climbed 21.60 points to close at 6,550.39 points on Thursday. PSE President and CEO Ramon S. Monzon expressed optimism for a more robust trading year and improved capital raising performance. He highlighted the ongoing efforts to implement the three-year strategic plan, aimed at developing the local capital market.
Meanwhile, investors are awaiting key economic indicators, including the ISM Manufacturing Index and domestic manufacturing and price data. Total trade volume for the day remained relatively low at P3.24 billion, with foreign investors exhibiting net buying activity of P217.72 million. International Container Terminal Services Inc. emerged as the most active stock, gaining P13 to close at P399 per share. Other sub-indices displayed mixed performance
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