Financials buoy BSE in first quarter

While local equities had a sluggish start in January and February this year, activity picked up significantly in March to close the first quarter on a high, on the backdrop of strong performance by most financial companies.

The domestic companies index (DCI) registered a 2.02 percent increase during the first quarter of 2015, closing at 9693.91 points as compared to 1.18 percent decline that was recorded in the first quarter of 2014.

Around P355 million worth of shares exchanged hands in March 2015 from P65 million in February and P137.1 million in January respectively.

Editor's Comment
Implement the recommendations Mr. President

The nation is eagerly awaiting this report to have a glimpse of what the recommendations are like, possibly for further debate. Mr. President, it’s our ardent hope that true to your promises, the public will have an opportunity to peruse the report and see if it reflects their interests as the Commission went around the length and breadth of the country collecting views of the people with some choosing to write to the Commission’s...

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