PHStocks Week in Review: Steady She Goes

Still fresh from the heels of the recent announcement regarding Philippine Long Distance Telephone Co.’s (PSE: TEL) acquisition from JG Summit Holdings Inc. (PSE: JGS) ownership interest in Digital Telecommunications Philippines Inc. (Digitel, PSE: DGTL), the local stock market continued its growth this week, with the main board Philippine Stock Exchange index (PSEi)  gaining 0.51% or 21.58 points to close at 4,241 points on Friday. On a weekly basis, the PSEi was up 2.7%.

The wider all shares index also continued its uptrend, increasing 0.57% to reach 3,111.41 points. The index grew 2.23% compared last week. All counters were also on a growth track, led by the Property index, which posted a 5.75% gain over last week. The Industrial index followed next, with a 4.49% gain, while the Mining and Oil index finished third, with a 3.38% growth.

Below are the top stock price gainers for the week:

  1. Active Alliance Inc. (PSE: AAI): PhP6.9, +34.24%
  2. Polar Property Holdings Corp. (PSE: PO): PhP4.1, +25%
  3. Century Peak Metal Holdings Corp. (PSE: CPM): PhP2.30, +22.99%
  4. BDO Leasing and Finance Inc. (PSE: BLFI): PhP1.85, +15.63%
  5. Universal Robina Corp. (PSE: URC): PhP39, +14.71%
  6. Global-Estate Resorts Inc. (PSE: GERI): PhP2.25, +13.64%
  7. SM Development Corp. (PSE: SMDC): PhP8.95, +13.29%
  8. Apex Mining Company, Inc. “B” (PSE: APXB): PhP3.85, +13.24%
  9. Interport Resources Corp. (PSE: IRC): PhP0.78, +13.04%
  10. Mariwasa Siam Holdings Inc. (PSE: MMI): PhP0.6, +11.11%
  11. Megaworld Corp. (PSE: MEG): PhP2.31, +10%
  12. Robinsons Land Corp. (PSE: RLC): PhP12.86, +9.91%
  13. Lepanto Consolidated Mining Co. “B” (PSE: LCB): PhP0.57, +9.62%
  14. Aboitiz Transport System Corp. (PSE: ATS): PhP1.94, +9.6%
  15. Dizon Copper Silver Mines Inc. (PSE: DIZ): PhP4.75, +9.45%
  16. Mabuhay Vinyl Corp. (PSE: MVC): PhP1.3, +8.33%
  17. Acesite (Philippines) Hotel Corp. (PSE: DHC): PhP2.49, +8.26%
  18. Belle Corp. (PSE: BEL): PhP5.92, +8.03%
  19. Vista Land & Lifescapes Inc. (PSE: VLL): PhP3.02, +7.86%
  20. United Paragon Mining Corp. (PSE: UPM): PhP0.014, +7.69%
  21. PAL Holdings Inc. (PSE: PAL): PhP4.85, +7.54%
  22. Energy Development Corp. (PSE: EDC): PhP6.76, +7.47%
  23. Cyber Bay Corp. (PSE: CYBR): PhP1.20, +7.14%
  24. Leisure & Resorts World Corp. (PSE: LR): PhP10.68, +6.91%
  25. First Gen Corp. (PSE: FGEN): PhP13.68, +6.87%
  26. Far Eastern University Inc. (PSE: FEU): PhP820, +6.49%
  27. Manila Mining Corp. (PSE: MA): PhP0.034, +6.25%
  28. Manulife Financial Corp. (PSE: MFC): PhP750, +6.16%

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