Bloodbath Continues; PSEi Falls Back to 6,600

Manila—(PHStocks)—Philippine stocks opened the trading week on a negative note amid weak performance in the U.S. market.

The Philippine Stock Exchange index (PSEi) fell by a further 1.21% or 80.75 points to close today’s trading at 6,604.35. The Services segment continued its growth, weathering the selloff to close 0.29% higher today. The remaining indices were in the red, led by the Property sector, which lost 2.58%. The wider All Shares index went down by 1.09%.

Value turnover reached PhP7.47 billion on 1.28 billion traded shares. Foreign buying reached PhP4.11 billion and foreign selling, PhP3.18 billion. There were 54 gainers against 127 losers, while 37 stocks remained flat.

Top most active in terms of value:

1. Metropolitan Bank & Trust Co. (PSE: MBT): PhP82.50, -0.6%
2. BDO Unibank Inc. (PSE: BDO): PhP86.95, -0.17%
3. Megaworld Corp. (PSE: MEG): PhP4.43, -3.49%
4. Alliance Global Group Inc. (PSE: AGI): PhP30.60, -0.16%
5. Manila Electric Co. (PSE: MER): PhP265.00, -2%
6. Bloomberry Resorts Corp. (PSE: BLOOM): PhP11.80, 3.87%
7. SM Prime Holdings Inc. (PSE: SMPH): PhP15.78, -3.07%
8. SM Investments Corp. (PSE: SM): PhP724.00, -1.43%
9. Universal Robina Corp. (PSE: URC): PhP145.40, -1.16%
10. Philippine Long Distance Telephone Co. (PSE: TEL): PhP2,816.00, -0.14%

Top gainers:

1. Bogo Medellin Milling Co. Inc. (PSE: BMM): PhP68.00, 30.52%
2. GLOBALPORT 900 Inc. (PSE: PORT): PhP10.00, 21.95%
3. Makati Finance Corp.(PSE: MFIN): PhP4.00, 14.29%
4. Unioil Resources & Holdings Co. Inc. (PSE: UNI): PhP0.24, 9.09%
5. Cityland Development Corp. (PSE: CDC): PhP1.14, 7.55%
6. Pancake House Inc. (PSE: PCKH): PhP21.15, 7.25%
7. MRC Allied Inc. (PSE: MRC): PhP0.103, 6.19%
8. City & Land Developers Inc. (PSE: LAND): PhP1.90, 5.56%
9. iRipple Inc. (PSE: RPL): PhP18.98, 5.44%
10. Century Peak Metals Holdings Corp. (PSE: CPM): PhP0.89, 4.71%
11. Bloomberry Resorts Corp. (PSE: BLOOM): PhP11.80, 3.87%
12. Suntrust Home Developers Inc. (PSE: SUN): PhP1.37, 3.79%
13. Marcventures Holdings Inc. (PSE: MARC): PhP4.36, 3.32%
14. Paxys Inc. (PSE: PAX): PhP2.67, 2.69%
15. Zeus Holdings Inc. (PSE: ZHI): PhP0.39, 2.63%
16. Prime Media Holdings Inc. (PSE: PRIM): PhP1.72, 2.38%
17. Phinma Corp. (PSE: PHN): PhP12.10, 2.37%
18. ATN Holdings Inc. “B” (PSE: ATNB): PhP1.84, 2.22%
19. Chemrez Technologies Inc. (PSE: COAT): PhP3.81, 2.14%
20. Philex Petroleum Corp. (PSE: PXP): PhP9.05, 2.14%

Top losers:

1. Benguet Corp. “A” (PSE: BC): PhP9.12, -8.80%
2. Roxas and Co. Inc. (PSE: RCI): PhP3.00, -8.26%
3. Yehey! Corp. (PSE: YEHEY): PhP1.32, -7.69%
4. Waterfront Philippines Inc. (PSE: WPI): PhP0.31, -7.46%
5. Primex Corp.(PSE: PRMX): PhP2.80, -6.67%
6. 2GO Group Inc. (PSE: 2GO): PhP2.50, -6.37%
7. Phoenix Petroleum Philippines Inc. (PSE: PNX): PhP6.10, -6.01%
8. Starmalls Inc. (PSE: STR): PhP3.55, -5.08%
9. DFNN Inc. (PSE: DFNN): PhP8.28, -4.83%
10. Lodestar Investment Holdings Corp.(PSE: LIHC): PhP0.82, -4.65%
11. APC Group Inc. (PSE: APC): PhP0.66, -4.35%
12. Philippine Realty & Holdings Corp. (PSE: RLT): PhP0.67, -4.29%
13. Philippine Estates Corp. (PSE: PHES): PhP0.34, -4.23%
14. Leisure and Resorts World Corp. Warrants (PSE: LRW): PhP1.15, -4.17%
15. Vista Land & Lifescapes Inc. (PSE: VLL): PhP5.93, -4.05%
16. JG Summit Holdings Inc. (PSE: JGS): PhP49.00, -3.92%
17. BDO Leasing & Finance Inc. (PSE: BLFI): PhP2.02, -3.81%
18. AbaCore Capital Holdings Inc.(PSE: ABA): PhP0.51, -3.77%
19. Now Corp. (PSE: NOW): PhP0.385, -3.75%
20. Manila Bulletin Publishing Corp. (PSE: MB): PhP1.30, -3.7%