PH Stocks Near Record High
Manila—(PHStocks)—Philippine stocks continued their climb Wednesday, 22 May, as investors continue to remain bullish in the country’s economic outlook. The benchmark Philippine Stock Exchange (PSE) index went up by 0.78% or 57.49 points to close today’s trading at 7,385.07 – less than 10 points away from its record high 7,392.2.
All counters are back in the green, led by the Holding Firms index, which increased by 0.93%. The Industrials went up by 0.85%, while both the Services and Property indices edged up by 0.73%. The Mining and Oil sector, meanwhile, is starting to recover, gaining 0.39% at the end of today’s session.
Trading was slightly heavy in terms of value, but noticeably low in terms of volume. Value turnover was PhP8.8 billion on 818.37 million shares traded. There were 93 gainers compared to 70 decliners, while 48 stocks remained flat.
The top most active stocks in terms of value today are SM Investments Corp. (SMIC, PSE: SM), Ayala Land Inc. (PSE: ALI), Metropolitan Bank & Trust Company (Metrobank, PSE: MBT), GT Capital Holdings Inc. (PSE: GTCAP), Alliance Global Group Inc. (PSE: AGI), Universal Robina Corp. (PSE: URC), Philippine Long Distance Telephone Company (PLDT, PSE: TEL), LT Group Inc. (PSE: LTG), BDO Unibank Inc. (PSE: BDO), and Ayala Corp. (PSE: AC).
Below are today’s biggest gainers:
- Forum Pacific Inc. (PSE: FPI): PhP0.224, +11.44%
- Megaworld Corp. WARRANTS1 (PSE: MEGW1): PhP2.85, +11.33%
- F & J Prince Holdings Corp. “A” (PSE: FJP): PhP3.90, +8.33%
- Victorias Milling Company Inc. (PSE: VMC): PhP1.95, +8.33%
- Millenium Global Holdings Inc. (PSE: MG): PhP0.56, +5.66%
- Roxas Holdings Inc. (PSE: ROX): PhP3.15, +5.35%
- Seafront Resources Corp. (PSE: SPM): PhP2.20, +4.76%
- Cebu Property Venture & Development “A” (PSE: CPV): PhP5.50, +4.76%
- Cebu Property Venture & Development “B” (PSE: CPVB): PhP5.50, +4.76%
- TKC Steel Corp. (PSE: T): PhP2.88, +4.73%
Below are the biggest losers:
- United Paragon Mining Corp. (PSE: UPM): PhP0.015, -6.25%
- DFNN Inc. (PSE: DFNN): PhP4.22, -6.01%
- 2GO Group Inc. (PSE: 2GO): PhP1.74, -5.95%
- Dizon Copper Silver Mines Inc. (PSE: DIZ): PhP8.00, -5.77%
- Island Information and Technology Inc. (PSE: IS): PhP0.051, -5.56%
- Century Peak Metals Holdings Corp. (PSE: CPM): PhP1.02, -5.56%
- Phinma Corp. (PSE: PHN): PhP14.24, -5.07%
- Ever-Gotesco Resources & Holdings Inc. (PSE: EVER): PhP0.32, -4.48%
- Prime Media Holdings Inc. (PSE: PRIM): PhP2.01, -4.29%
- IRC Properties Inc. (PSE: IRC): PhP1.27, -3.79%
Related Articles:
Tags:2GO , 2GO Group , AC , AGI , ALI , Alliance Global , Ayala , Ayala Land , BDO , BDO Unibank , Cebu Property , Century Peak Metals , CPM , CPV , CPVB , DFNN , DIZ , Dizon Copper-Silver , EVER , Ever-Gotesco , F & J Prince , FJP , Forum Pacific , FPI , GT Capital , GTCAP , IRC , IRC Properties , IS , Island Information , LT Group , LTG , MBT , Megaworld , MEGW1 , Metrobank , Metropolitan Bank , MG , Millenium Global , Philippine Long Distance Telephone Company , Phinma , PHN , PLDT , PRIM , Prime Media , ROX , Roxas Holdings , Seafront Resources , SM , SM Investments , SMIC , SPM , TEL , TKC Steel , United Paragon Mining , Universal Robina , UPM , URC , Victorias Milling , VMC
Euro-Med Declares Cash Dividends
Manila—(PHStocks)—Euro-Med Laboratories Philippines Inc. (PSE: EURO) has declared a cash dividend of PhP0.05 per share to all stockholders of record as of 20 June 2013, payable on 12 July 2013. Related Articles:PH Stocks Surge to New Record High, Break Past 6900PH Stocks Pull Back Amid Profit TakingPH Stocks Retreat, Maintain 6,800 LevelPHStocks Week in Review: Still GrowingPH Stocks Climb Higher, Set New Record
Read more...
Southeast Asia Cement Announces Dividend Payment Date
Makati—(PHStocks)—Southeast Asia Cement Holdings Inc. (PSE: CMT) has announced that its cash dividend of PhP0.38 per share to all stockholders of record as of 9 January 2013, and the property dividend consisting of treasury shares of stock of the company in the amount of one (1) treasury share per 5.93 outstanding common shares to all stockholders of record as of 9 January 2013, will be paid on 27 May 2013….
Read more...
EastWest Completes Seventh Tranche of LTNCD
Taguig—(PHStocks)—East West Banking Corporation (EastWest, PSE: EW) successfully completed the seventh tranche of its LTNCD with face value amounting to PhP78,880,000.00. EastWest expects to continue the issuance program in several tranches within the period allowed by the Bangko Sentral ng Pilipinas (BSP) but not to exceed PhP5 billion. Related Articles:PHStocks Week in Review: History in the MakingPHStocks Week in Review: Strong 2013 OpenerPHStocks Dividend Roundup: ABS, PNX, SECB, ICT, URC,…
Read more...
LT Group 1Q2013 Net Income Up 53% to PhP5.8B
Makati—(PHStocks)—LT Group Inc. (PSE: LTG) posted a 53% increase in its net income to PhP5.8 billion for the first quarter of 2013 on the back of strong performance of the conglomerate’s banking and property segments. Net income attributable to equity holders increased by 36% to PhP3.8 billion. The Group’s consolidated revenues as of 31 March 2013 grew by PhP2.2 billion to PhP17.7 billion due to higher revenues from banking, distilled…
Read more...
Add One