PSE stocks performance: January – June 2009

Philippine stocks are currently on the upswing even though the global economic recession is still hurting many investors worldwide. The Philippine Stock Exchange Index (PSEi) , a composite of 30 stocks traded in the Philippine Stock Exchange used to track the general movement of market prices, ended the first half of the year up as much as 30%. In July 3, the PSEi closed at 2,431.34, a 29.82% increase from the initial index in January 2009. The Mining and Oil sector continues to