Growth Continues: PH Stocks Greet 2013 with New Record High

The averted “fiscal cliff” in the United States has further boosted the confidence in the Philippine stock market, with the mainboard Philippine Stock Exchange Index (PSEi) ending the first trading day of 2013 with a new record high of 5,860.99 points, up 0.83% from December 28.

All counters were up, led by the Holding Firms segment with a 1.33% gain. The Services sector went up by 1.27%, while the Mining and Oil industry went up by 1%.

A total of 2.24 billion shares were traded today, valued at PhP4.35 billion. There were 128 gainers against 46 losers, while 29 stocks remain flat.

Below are the biggest gainers for the day:

Meanwhile, here is the list of losers:

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