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Thursday, March 2, 2000 12:31 PM ZE8
Stocks close higher on continued technical rebound
QUEZON CITY, (ABS-CBN) - The local stock market extended its technical rebound Thursday with the main index ended slightly higher.
The 30-company Phisix, the market's main barometer added another 13.49 from yesterday's close to 1667.44.
The all-share index also closed in the green, higher by 2.86 points to 594.46.
However, the market's sub-indices closed mixed with the property and financial indices ended in the red.
Analysts said this is still an indication of a volatile market.
PhilWeb.Com (WEB) was the day's most active issue which accounted for more than 30% of total trades. WEB shares closed at 32 centavos, up seven centavos.
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