AGL 40.00 No Change ▼ 0.00 (0%)
AIRLINK 129.06 Decreased By ▼ -0.47 (-0.36%)
BOP 6.75 Increased By ▲ 0.07 (1.05%)
CNERGY 4.49 Decreased By ▼ -0.14 (-3.02%)
DCL 8.55 Decreased By ▼ -0.39 (-4.36%)
DFML 40.82 Decreased By ▼ -0.87 (-2.09%)
DGKC 80.96 Decreased By ▼ -2.81 (-3.35%)
FCCL 32.77 No Change ▼ 0.00 (0%)
FFBL 74.43 Decreased By ▼ -1.04 (-1.38%)
FFL 11.74 Increased By ▲ 0.27 (2.35%)
HUBC 109.58 Decreased By ▼ -0.97 (-0.88%)
HUMNL 13.75 Decreased By ▼ -0.81 (-5.56%)
KEL 5.31 Decreased By ▼ -0.08 (-1.48%)
KOSM 7.72 Decreased By ▼ -0.68 (-8.1%)
MLCF 38.60 Decreased By ▼ -1.19 (-2.99%)
NBP 63.51 Increased By ▲ 3.22 (5.34%)
OGDC 194.69 Decreased By ▼ -4.97 (-2.49%)
PAEL 25.71 Decreased By ▼ -0.94 (-3.53%)
PIBTL 7.39 Decreased By ▼ -0.27 (-3.52%)
PPL 155.45 Decreased By ▼ -2.47 (-1.56%)
PRL 25.79 Decreased By ▼ -0.94 (-3.52%)
PTC 17.50 Decreased By ▼ -0.96 (-5.2%)
SEARL 78.65 Decreased By ▼ -3.79 (-4.6%)
TELE 7.86 Decreased By ▼ -0.45 (-5.42%)
TOMCL 33.73 Decreased By ▼ -0.78 (-2.26%)
TPLP 8.40 Decreased By ▼ -0.66 (-7.28%)
TREET 16.27 Decreased By ▼ -1.20 (-6.87%)
TRG 58.22 Decreased By ▼ -3.10 (-5.06%)
UNITY 27.49 Increased By ▲ 0.06 (0.22%)
WTL 1.39 Increased By ▲ 0.01 (0.72%)
BR100 10,445 Increased By 38.5 (0.37%)
BR30 31,189 Decreased By -523.9 (-1.65%)
KSE100 97,798 Increased By 469.8 (0.48%)
KSE30 30,481 Increased By 288.3 (0.95%)

Philippines share prices closed 1.8 percent higher on Monday on bargain hunting after a long Easter break, but trading was light as worries over the US economy remained, dealers said. The composite index rose 49.92 points to 2,867.50, off a high of 2,885.35.
The all-share index gained 23.47 points or 1.4 percent to 1,759.17. There were 56 advancers, 27 decliners and 48 were steady. A total of 738.1 million shares worth 2.2 billion pesos (52.8 million dollars) changed hands.
The peso traded at 41.63 to the dollar. The market caught up with gains on Wall Street last Thursday when the Dow Jones industrial average jumped 2.2 percent before traders took a break on Good Friday. Philippine markets were closed on both Thursday and Friday for the Easter holidays.
"But investors remain uneasy ahead of a slew of US economic data coming out this week. They are still uncomfortable getting back into the market after recent selloffs triggered by a worsening credit crisis in the US," said Ron Rodrigo at DBP-Daiwa Securities.
Investors will be keeping an eye on US housing and consumer confidence data due out this week, they said. Philippine Long Distance Telephone Co, the country's biggest company by market value, rose 35 pesos to 2,670.
Property developer Megaworld Corp advanced 12 centavos to 2.26 pesos, following a recent selloff. Food and drinks conglomerate San Miguel Corp's A-shares, reserved for Filipinos, were steady at 40.50 pesos. Its B-shares, which have no ownership restriction, rose 1 peso to 42.

Copyright Agence France-Presse, 2008

Comments

Comments are closed.