PH Stocks Climb to 6700 Level

Manila—(PHStocks)—Philippine stocks sustained their rally Tuesday, 23 July, ahead of the earnings report season. The Philippine Stock Exchange (PSE) index jump by 1.75% or 115.85 points to close the day’s trading at 6,743.21.

All counters are back in the green, led by the Services index, which increased by 2.24%. The Holding Firms sector extended its gains, posting a 2.15% growth. The wider All Shares index, meanwhile, went up by 1.66%.

Trading was moderate. Value turnover reached PhP8.72 billion on 1.37 billion shares traded. According to PSE, foreign buying was PhP4.14 billion while foreign selling reached PhP3.96 billion today.

PSE-23-7-13

The top most active stocks include Philippine Long Distance Telephone Co. (TEL, PhP3,100.00, +2.79%), Ayala Land Inc. (ALI, PhP30.90, +1.15%), Ayala Corp. (AC, PhP630.00, +1.78%), Security Bank Corporation (SECB, PhP139.30, -2.59%), Manila Electric Company (MER, PhP285.00, +3.41%), Metropolitan Bank & Trust Company (MBT, PhP110.70, +0.91%), Metro Pacific Investments Corporation (MPI, PhP5.39, +4.46%), SM Prime Holdings Inc. (SMPH, PhP18.48, +0.76%), Megaworld Corporation (MEG, PhP3.50, +1.45%), and Universal Robina Corporation (URC, PhP125.10, +0.24%).

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