PH Stocks Recover, Post Slight Increase

The Philippine Stock Exchange index (PSEi) ended the week on a positive note, increasing slightly by 0.29% or 10.84 points to close the trading day Friday at 3,749.15 points, reversing its three-day weak performance.

In terms of sectoral indices, however, only the Holding Firms (+2%) and Property (+0.76%) markets posted growth. Trading volume reached 1.25 billion, valued at PhP7.36 billion

Losers outnumber gainers 82 to 47, while 42 stocks remain unchanged. The top 10 gainers for the day are the following:

  1. Lodestar Investment Holdings Corp. (PSE: LIHC): PhP0.85, +18.06%  
  2. Aboitiz Equity Ventures Inc. (PSE: AEV): PhP37.00, +11.11%  
  3. Empire East Land Holdings Inc. (PSE: ELI): PhP0.79, +9.72%  
  4. The Philodrill Corp. (PSE: OV): PhP0.014, +7.69%  
  5. Vitarich Corp. (PSE: VITA): PhP0.45, +7.14%  
  6. Suntrust Home Developers Inc. (PSE: SUN): PhP0.54, +5.88%  
  7. Cebu Property Ventures and Development Corp. “A” (PSE: CPV): PhP2.10, +5% 
  8. Philippine Long Distance Telephone Co. (PLDT) 10% Cumulative Convertible Pref. Series J (PSE: TELJ): PhP11.50, +4.55% 
  9. Marcventures Holdings Inc. (PSE: MARC): PhP2.09, +4.50%  
  10. Keppel Philippines Properties Inc. (PSE: KEP): PhP2.12, +3.41%

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