PH Stocks’ Steady Growth Continues; PSEi Hits 4,715

Manila–(PHStocks)–Local shares greet the first day of February with a strong performance, continuing their recovery yesterday and breaching the 4,700-point mark for the second time this year.

The bellwether Philippine Stock Exchange Index (PSEi) closed Wednesday, 1 February, at record 4,715.64, up 0.71% from yesterday.

All counters were up, led by the Financials sector, which gained 1.54%, followed by the Holding Firms Index, which gained 1.04%. The Services index recovered from its slight loss yesterday and posted a 0.19% growth to close the trading day at 1,727.81 points.

Trading volume reached 5.8 billion, valued at PhP7.47 billion. There were 117 gainers today against 52 losers, while 34 stocks were flat.

Below are the top gainers for the day:

1. MJC Investments Corporation (PSE: MJIC): PhP2.10, +50%

2. Seafront Resources Corporation (PSE: SPM): PhP1.81, +49.59%

3. Ever-Gotesco Resources and Holdings Inc. (PSE: EVER): PhP0.28, +30.84%

4. LMG Chemicals Corporation (PSE: LMG): PhP8.00, +21.21%

5. Jolliville Holdings Corporation (PSE: JOH): PhP2.85, +13.10%

6. Island Information & Technology, Inc. (PSE: IS): PhP0.074, +12.12%

7. NiHao Mineral Resources International, Inc. (PSE: NI): PhP8.99, +12.09%

8. Mariwasa Siam Holdings, Inc. (PSE: MMI): PhP4.50, +11.11%

9. Cebu Holdings Inc. (PSE: CHI): PhP3.40, +11.11%

10. F & J Prince Holdings Corporation “A” (PSE: FJP): PhP3.12, +11.03%

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