Share prices rose Tuesday tracking overseas leads. 

The peso closed down.

The Philippine Stock Exchange index (PSEi) was up 14.96 points to 7,432.21, a 0.2 percent hike. 

The broader All Shares index was up 5.48 points or 0.14 percent to3,963.50. 

Gainers edged losers 102 to 100 with 57 stocks unchanged. Trading turnover reached P11.79 billion. 

The peso closed at 56.245 to the dollar, down from 55.97 on Monday. 

The currency opened at 56.05 and hit a high of 55.97 and a low of 56.33. Trading turnover reached $1.8 billion.

Luis Limlingan, managing director at Regina Capital and Development Corp., said the market’s continued hike is supported by the Bangko Sentral ng Pilipinas’ reserve requirement cut and China’s new stimulus measures. 

“Investors reacted to US manufacturing PMI hitting a 15-month low and awaited jobless claims data. Gold hit a record high at $2,627.94/oz, boosted by the Fed’s rate cut, while Brent crude fell 0.8 percent to $73.90/bbl due to weak eurozone activity and China’s sluggish recovery,” Limlingan said.

Most actively traded Ayala Land Inc. was up P1.10 to P38.30. BDO Unibank Inc. was up P4 to P167. SM Investments Corp. was up P4 to P995. Metropolitan Bank and Trust Co. was up P0.55 to P80. International Container Terminal Services Inc. was down P1 to P413. Ayala Corp. was up P5 to P700. Bank of the Philippine Islands was down P1.70 to P137.50. Philippine Seven Corp. was up P1.50 to P73. PLDT Inc. was down P20 to P1,500. Security Bank Corp. was up P1.45 to P97.95.