The Philippine Stock Exchange index (PSEi) closed slightly higher Thursday August 1, or the start of the so-called “ghost month.”
The index ended at 6661.44 up 0.34% or 22 points.
The broader All-Shares index ended at 4,053.33 or up 0.28%.
Turnover was at P5.3 billion worth of shares.
Gainers outnumbered losers in today’s trading with 79 gainers, 59 losers, and 38 issues unchanged.
At the foreign exchange market, the peso closed at P43.473 to the dollar.
The “ghost month” is usually a period where trading activity slows down.
Members of the academe issued a statement on Tuesday, calling for peace and "fact-based" discussions on the Mamasapano incident. The group Professors for Peace said that they are alarmed by the hatred surfacing amid discussions on the clash that led to the death of 44 elite cops, 18 Moro rebels, and several civilians. Instead of hatred, the group said the citizens must learn more about the deeper context of the problems in Mindanao, and how one can contribute to the lasting peace in the country.