PSE index closes at new record high
The main gauge of the Philippine Stock Exchange (PSE) known as the PSE index rose 0.5 percent or 35.09 points to close at an all-time record high of 7,402.72 on Friday, January 9, 2015. On the same day, the PSEi also soared to an all-time record intraday high of 7,446.66.
In 2014, the PSEi extended the winning streak it started in 2009 and finished higher for a sixth consecutive year after closing at 7,230.57, up by 22.8 percent year-on-year.
“While we are eager to see the index continue its uptrend, we hope that all other market indicators like the trading volume and value will outperform 2014 numbers as well,” said PSE President and CEO Hans B. Sicat.
The previous all-time high closing level was 7,392.20 reached on May 15, 2013 while the previous all-time intraday high was 7,413.62 hit on September 25, 2014.
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