Manila: The local bourse slightly increased as investors got confident about third quarter financial results of firms and the central bank's policy easing, but the peso continued to depreciate on Tuesday's trading. The Philippine Stock Exchange index (PSEI) inched up by 0.09 percent to 7,413.16, with All Shares also going up by 0.13 percent to 4,085.50. Counters were mixed with those in the green territory including Services (+1.21 percent) and Industrial (+0.69 percent). Sectors that closed in the red were Financials (-0.50 percent), Property (-0.41 percent), Holding Firms (-0.30 percent), and Mining and Oil (-0.16 percent). 'Tuesday's gains are seen to be reflective of investors' expectations of good Q3 corporate results and continuous monetary policy easing by the BSP,' Philstock Financials research manager Japhet Tantiangco said. 'The gains were tempered however by the rise of the US treasury yields and the weakening of the local currency,' he added. Advancers led losers at 99 to 94, with 55 left un changed. Meanwhile, the Philippine peso closed weak at 57.88 to the US dollar from a 57.59 finish in the previous trading. It opened the day at 57.69 from 57.45, before trading between 57.69 and 57.92 to the greenback. The average level for the day stood at 57.80 to the dollar. Volume of trade slightly declined to USD1.3 billion from USD1.34 billion on Monday. Source: Philippines News Agency