May 6, 2015

PSEi Slid as Foreign Money Pulls Out

Stock Quotes
PSEi slid by .58% equivalent to 45.47 points closing the market to 7,873.64. 

Yesterday, May 5, as PSEi grew by 1.31% - Foreign Buying exceeded Foreign Selling which leaved the Philippines stock market with positive net foreign inflow (buying) of 397.81 Million Pesos. In contrast, today, as stock market slid a bit, Foreign Selling exceeded Foreign Buying resulting to net foreign outflow (selling) of 860.59 Million Pesos.

Depending on the stock value share, foreign stock investment has significant effect on the stock price.


No comments:

Post a Comment

Subscribe to Philippine Economist via Email