PH Stocks Retreat Anew on Profit Taking

Manila—(PHStocks)—Philippine stocks halted their climb Thursday, 12 September, as investors locked in their gains amid the rally early in the week.

The Philippine Stock Exchange index (PSEi) slid by 0.31% or 19.29 points to close the day’s trading at 6,195.61 – keeping its foothold above 6,000. All counters except for the Services (+0.25%) and Holding Firms (+0.11%) sectors declined, led by the Mining and Oil segment, which lost 1.67%. The wider All Shares index, on the other hand, lost 0.18%.

Trading was moderate. Value turnover reached PhP8.16 billion on 1 million traded shares. There were 66 gainers against 78 losers, while 38 stocks were flat.

PSE-12-9-13Today’s top most active stocks include SM Investments Corp. (SM, PhP760.00, 3.68%), Metro Pacific Investments Corp. (MPI, PhP4.70, -7.84%), Philippine Long Distance Telephone Co. (TEL, PhP2,888.00, -0.07%), Ayala Corp. (AC, PhP563.00, -1.92%), Metropolitan Bank & Trust Company (MBT, PhP80.70, 0.50%), Bloomberry Resorts Corp. (PSE: BLOOM): PhP12.30, 3.54%), SM Prime Holdings Inc. (SMPH, PhP16.50, -1.43%), Alliance Global Group Inc. (AGI, PhP26.75, NC), BDO Unibank Inc. (BDO, PhP72.50, -3.33%), and Ayala Land Inc. (ALI, PhP26.70, NC)

Top gainers:

MJCI Investments Inc. (PSE: MJIC): PhP4.96, 45.03%

SPC Power Corp. (PSE: SPC): PhP4.50, 12.50%

I-Remit Inc. (PSE: I): PhP2.86, 9.16%

Integrated Micro-Electronics Inc. (PSE: IMI): PhP2.46, 7.42%

Cirtek Holdings Philippines Corp. (PSE: CHIPS): PhP14.80, 5.71%

Zeus Holdings Inc. (PSE: ZHI): PhP0.39, 5.41%

Philippine Seven Corp. (PSE: SEVN): PhP106.00, 4.95%

ATN Holdings Inc. “B” (PSE: ATNB): PhP1.20, 4.35%

Anchor Land Holdings Inc. (PSE: ALHI): PhP24.00, 4.35%

Petron Corporation (PSE: PCOR): PhP12.34, 3.70%

Top losers:

LMG Chemicals Corp. (PSE: LMG): PhP2.09, -15.73%

Vitarich Corp. (PSE: VITA): PhP0.70, -14.63%

City & Land Developers Inc. (PSE: LAND): PhP1.53, -10.00%

Metro Pacific Investments Corp. (PSE: MPI): PhP4.70, -7.84%

Philex Mining Corp. (PSE: PX): PhP9.12, -7.69%

IP E-Game Ventures Inc. (PSE: EG): PhP0.015, -6.25%

Lepanto Consolidated Mining Company “B” (PSE: LCB): PhP0.49, -5.77%

MRC Allied Inc. (PSE: MRC): PhP0.09, -5.26%

Oriental Petroleum and Minerals Corp.  “A” (PSE: OPM): PhP0.018, -5.26%

Oriental Peninsula Resources Group Inc. (PSE: ORE): PhP1.45, -4.61%

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