PH Stocks Down Anew

Arrow graph going downManila—(PHStocks)—Philippine stocks extended their losses Friday, 5 April, as investors continue to lock their gains amid the rally in the previous trading sessions.

The mainboard Philippine Stock Exchange (PSE) index dropped by 0.83% or 56.58 points to close at 6,727.14 on subdued trading. All counters continue to be in the red, but losses are minimal.

The Financials index, the biggest loser today, just dropped by 1.28%. The next biggest decliner is the Property index, which slid by 1.09%.

Value turnover reached PhP7.33 billion on 1.06 billion shares traded. The decliners outnumbered the gainers 101 to 52, while 42 stocks remained flat.

The top five most active stocks for the day are SM Investments Corporation (SMIC, PSE: SM), Bank of the Philippine Islands (PSE: BPI), Ayala Land Inc. (PSE: ALI), BDO Unibank Inc. (PSE: BDO) and Philippine Long Distance Telephone Co. (PLDT, PSE: TEL).

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Below are the top gainers for the day:

Below are the top decliners:

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