June 1, 2015

Stock Risk Further Decline as PSEi Post Second Gain

Philippines Stock Risk Index

PSEi closed up by 1.19% to 7,670.37 points, June 1, 2015. All sector posted a gain with Financials and Industrial grabbing the highest growth at 2.49% and 1.36% respectively.

Philippine Economist Stock Risk Index (PESRi) also recorded a further drop on risk from 4.668 Friday last week to 4.590 today, equivalent to -1.67%.

Risk is angling down, assuming all other factors are constant (negative news from the market), majority might gain from the trend; yet, it’s too early to conclude that the market has recovered.

PESRi measures stock price volatility and ease of liquidation.

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