Stocks slightly up in cautious trading

The local stock market chalked up a small gain yesterday as most investors are still sitting in the sidelines. The Philippine Stock Exchange index (PSEi) gained 13.03 points, or 0.22 percent, to close at 5,938.33 with the Industrial and Services counters retreating. Volume fell to 1.18 million shares worth ₱3.42 billion as 104 stocks rose while 80 declined and 62 were unchanged. (James A. Loyola)