PH Stocks Extend Declines

Manila—(PHStocks)—Philippine stocks fell on profit taking Friday, 20 December, extending the decline for the second straight day. The Philippine Stock Exchange index (PSEi) lost nearly 1.5% or 88 points to close this week’s trading at 5,835.13.

All counters were back in the red, with the Property index shedding as much as 1.81%. The Industrial segment was the second biggest declining sector, dropping by 1.6%, followed by the Financials, which slid by 1.41%. The wider All-Shares index decreased by 1.22%.

Trading was moderate, with value turnover reaching PhP7.6 billion on 1.11 billion shares traded. There were 51 gainers against 91 losers, while 42 stocks were flat.

Top most active in terms of value:

Top gainers:

Top decliners:

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