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.
According to a recent Social Weather Stations (SWS) survey, 60% of Filipinos want divorce legalized in the country. As such, Senator Pia Cayetano sees the need for Congress to begin discussions on the matter.