PH Stocks Again in Red

Manila—(PHStocks)—The local stock market is back in red today as all shares retreated after a comeback to the 4,800-mark yesterday. The bellwether Philippine Stock Exchange index (PSEi) shed 60.35 points to 4,755.98, a 1.25% decline compared to yesterday’s 1.21% growth.

All counters did not fare well today, with the Mining & Oil Index posting the biggest decline at 2.71%. The Services sector slid 1.56%, while the Financials ended its strong run with a 1.06% drop at the close of the market.

Trading volume reached 5.47 billion, valued at PhP7.51 billion. There were 61 gainers against 118 losers, while 36 stocks remain flat.

The top 10 of these gainers today are as follows:

1. Imperial Resources, Inc. “B” (PSE: IMPB): PhP130.00, +44.44%

2. Unioil Resources & Holdings Company Inc. (PSE: UNI): PhP0.335, +17.54%

3. NiHAO Mineral Resources International Inc. (PSE: NI): PhP10.06, +11.78%

4. Cebu Holdings Inc. (PSE: CHI): PhP4.18, +10.29%

5. Dizon Copper Silver Mines Inc. (PSE: DIZ): PhP18.90, +8.75%

6. Omico Corporation – WARRANTS (PSE: OMW2): PhP0.13, +8.33%

7. AGP Industrial Corporation (PSE: AGP): PhP47.10, +8.28%

8. Mabuhay Holdings Corporation (PSE: MHC): PhP0.70, +7.69%

9. Swift Foods, Inc. – Convertible Preferred (PSE: SFIP): PhP1.13, +7.62%

10. Concrete Aggregates Corporation “A” (PSE: CA): PhP96.00, +6.67%

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