Philippine bourse closes flat as investors participation remains low

The Philippine stock market further extended its gains, albeit marginally, on Tuesday but investors participation remain low.
After flirting in the negative territory most of the session, the bellwether Philippine Stock Exchange index managed to claw back to the positive turf and closed the session with a 1.11 points or 0.02 percent gain. It ended at 7,277.74 , while the all share index posted a gain of 3.02 points or up by 0.07 percent to 4,285.74.
Trading volume reached 2.08 worth 10.03 billion Philippine pesos (223.93 million U.S. dollars) with 84 stocks advancing, 98 declining, and 38 unchanged.