PH Stocks Bounce Back
Manila—(PHStocks)—Local stocks recover on Friday, 28 November, as investor appetite returned after the sellout in the previous day due to profit taking and the lower-than-expected GDP crowth for the country.
The Philippine Stock Exchange (PSE) index went up by 0.4% or 29 points to finish the month’s trading at 7,294.38. Most counters were back in the green, led by the Industrial, which gained 0.96%. The Property sector was nearly flat.
Volume trading reached 5.28 billion shares, valued at PhP8.67 billion. Foreign buying reached PhP5 billion while foreign selling totaled PhP4.51 billion, for a net buy of PhP490 million. There were 106 gainers against 76 losers, while 49 stocks were flat.
Top most active:
- Ayala Corp. (PSE: AC): PhP694.00, 1.02%
- Southeast Asia Cement Holdings Inc. (PSE: CMT): PhP2.49, 13.70%
- Philippine Long Distance Telephone Co. (PSE: TEL): PhP2,990.00, NC
- Metropolitan Bank & Trust Co. (PSE: MBT): PhP83.00, 1.78%
- BDO Unibank Inc. (PSE: BDO): PhP109.20, -1.09%
Top gainer:
- Swift Foods Inc. – Convertible Preferred (PSE: SFIP): PhP2.50, 25.00%
- Cebu Property Venture & Development “B” (PSE: CPVB): PhP6.30, 21.15%
- Vivant Corp. (PSE: VVT): PhP20.00, 14.16%
- Southeast Asia Cement Holdings Inc. (PSE: CMT): PhP2.49, 13.70%
- Anchor Land Holdings Inc. (PSE: ALHI): PhP12.14, 7.82%
- I-Remit Inc. (PSE: I): PhP1.88, 7.43%
- Manila Mining Corp. “A” (PSE: MA): PhP0.015, 7.14%
- IP E-Game Ventures Inc. (PSE: EG): PhP0.016, 6.67%
- Cirtek Holdings Philippines Corp. (PSE: CHIPS): PhP16.54, 5.75%
- Cebu Air Inc. (PSE: CEB): PhP77.50, 5.73%
Top losers:
- EasyCall Communications Philippines Inc. (PSE: ECP): PhP2.80, -9.68%
- Seafront Resources Corp. (PSE: SPM): PhP2.70, -8.78%
- Cityland Development Corp. (PSE: CDC): PhP0.99, -4.81%
- AG Finance Inc. (PSE: AGF): PhP4.29, -4.24%
- Ionics Inc. (PSE: ION): PhP0.68, -4.23%
- The Philodrill Corp. (PSE: OV): PhP0.023, -4.17%
- Greenergy Holdings Inc. (PSE: GREEN): PhP0.49, -3.92%
- iPeople Inc. (PSE: IPO): PhP11.78, -3.92%
- Abra Mining & Industrial Corp. (PSE: AR): PhP0.008, -3.61%
- F & J Prince Holdings Corp. “A” (PSE: FJP): PhP3.20, -3.61%
