Share prices ended up Monday tracking overseas leads.
The Philippine Stock Exchange index was up 48.87 points to 6,514, a 0.76 percent hike.
The broader all shares index was up 54.12 points to 3,827.40, a 1.43 percent hike.
Gainers edged losers 157 to 58 with 35 stocks unchanged. Trading turnover reached P9.63 billion.
The peso closed at 49.90 to the dollar, down from 49.80 on Friday. It opened at 49.83 and hit a high of 49.80 and a low of 49.97. Trading turnover reached $651.3 million.
SB Equities Inc. said the market went up Monday “after US jobs data released Friday showed an unexpected jump, strengthening views of a quick economic rebound.”
This was despite a resumption of net foreign outflow. Foreign funds were sells of P147.43 million.
Most actively traded SM Prime Holdings Inc. was up P0.50 to P33.40. GT Capital Holdings Corp. was up P32.50 to P512.50. BDO Unibank Inc. was down P7 to P107. PLDT Inc. was down P40 to P1,140. Bank of the Philippine Islands was down P1 to P77. Security Bank Corp. was up P9 to P11.95. Metropolitan Bank and Trust Co. was up P1.10 to P42.60. Ayala Land Inc. was steady at P38. Jollibee Foods Corp. was up P2.50 to P132.50. Metro Pacific Investments Corp. was up P0.20 to P3.58.