PH Stocks Firm Up

Manila—(PHStocks)—The mainboard Philippine Stock Exchange (PSE) index went up for the second straight session as investors hunt for bargains amid strong market fundamentals.

The PSEi increased by 0.71% or 51.41 to close today’s session at 7,275.62. The Mining and Oil index suffered a 1.3% decline amid continued weakness in crude prices. The Property index, on the other hand, led the gainers, posting a 1.49% gain. The wider All-Shares index rose by 0.66%.

Volume trading reached 2.27 billion, valued at PhP10.84 billion. There were 81 gainers against 94 losers, while 51 stocks were flat.

Top most active:

  1. Philippine Long Distance Telephone Co. (PSE: TEL): PhP2,840.00, -0.14%
  2. Universal Robina Corp. (PSE: URC): PhP196.40, 1.24%
  3. BDO Unibank Inc. (PSE: BDO): PhP110.00, 2.52%
  4. Bloomberry Resorts Corp. (PSE: BLOOM): PhP12.60, 7.69%
  5. Ayala Land Inc. (PSE: ALI): PhP34.80, 0.87%

Top gainers:

  1. Citystate Savings Bank Inc. (PSE: CSB): PhP14.00, 38.61%
  2. Philippine H2O Ventures Corp. (PSE: H2O): PhP5.06, 23.41%
  3. Primex Corp. (PSE: PRMX): PhP4.75, 21.79%
  4. PAL Holdings Inc. (PSE: PAL): PhP5.00, 19.90%
  5. Medco Holdings Inc. (PSE: MED): PhP0.445, 8.54%

Weak performers:

  1. Republic Glass Holdings Corp. (PSE: REG): PhP2.29, -12.60%
  2. Lorenzo Shipping Corp. (PSE: LSC): PhP1.28, -7.25%
  3. Oriental Petroleum and Minerals Corp. “B” (PSE: OPMB): PhP0.014, -6.67%
  4. PhilWeb Corp. (PSE: WEB): PhP8.00, -5.88%
  5. The Philodrill Corp. (PSE: OV): PhP0.018, -5.26%

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