PSE index posts 20th record close for 2015

The Philippine Stock Exchange index (PSEi) marked its 20th record close for the year as it ended Thursday’s session at 7,871.10, up by 34.76 points or 0.4 percent. The previous record close was 7,861.33 on March 6.



“The country’s benchmark index closed ahead of its Asian counterparts as investors anticipate positive earnings results from more companies for the full year 2014. Investor confidence in our listed companies continues to sustain the upward trajectory of our market,” PSE COO Roel A. Refran.



The PSEi has posted a gain of 8.9 percent since the start of the year.