PH Stocks Bounce Back

Manila—(PHStocks)—Philippine stocks recovered yesterday’s losses, buoyed by optimism in U.S. growth prospects as well as expectations of higher global growth forecasts by the International Monetary Fund.

The benchmark Philippine Stock Exchange index (PSEi) gained 0.66% or 39.04 points to close at 5,986.48 today, 8 January. All counters are in the green, led by the Property sector, which rose by 1.43%. The Industrials edged higher by 0.89%, while the Services sector went up by 0.7%. The Mining and Oil sector continued its rally for the fourth session, gaining a further 0.59% today. The All-Shares index increased by 0.62%.

Trading was moderate. Value turnover reached PhP5.52 billion on 615 million shares traded. Foreign buying reached PhP3.2 billion while foreign selling totalled PhP3.43 billion. There were 78 gainers against 80 decliners, while 36 stocks were flat.

Top most active by value:

1. BDO Unibank Inc. (PSE: BDO): PhP72.55, 0.97%
2. Philippine Long Distance Telephone Co. (PSE: TEL): PhP2,668.00, 1.52%
3. SM Prime Holdings Inc. (PSE: SMPH): PhP14.68, 1.94%
4. Ayala Land Inc. (PSE: ALI): PhP26.10, 1.95%
5. Ayala Corp. (PSE: AC): PhP530.50, 1.24%
6. International Container Terminal Services Inc. (PSE: ICT): PhP99.50, -0.7%
7. Globe Telecom Inc. (PSE: GLO): PhP1,605.00, -0.31%
8. SM Investments Corp. (PSE: SM): PhP713.50, NC
9. Universal Robina Corp. (PSE: URC): PhP118.70, 2.77%
10. Metropolitan Bank & Trust Co. (PSE: MBT): PhP77.80, -0.77%
11. Bank of the Philippine Islands (PSE: BPI): PhP87.30, -0.11%
12. Alliance Global Group Inc. (PSE: AGI): PhP26.00, -0.57%
13. Jollibee Foods Corp.  (PSE: JFC): PhP169.50, -1.45%
14. Puregold Price Club Inc. (PSE: PGOLD): PhP39.20, 0.26%
15. Megaworld Corp. (PSE: MEG): PhP3.38, -0.59%
16. First Gen Corp. (PSE: FGEN): PhP14.86, 3.48%
17. Metro Pacific Investments Corp. (PSE: MPI): PhP4.32, 0.47%
18. Manila Water Company Inc. (PSE: MWC): PhP23.40, -0.43%
19. GT Capital Holdings Inc. (PSE: GTCAP): PhP767.00, NC
20. JG Summit Holdings Inc. (PSE: JGS): PhP39.20, 2.62%

Top gainers:

1. National Reinsurance Corporation of the Philippines (PSE: NRCP): PhP1.53, 13.33%
2. Federal Resources Investment Group Inc. (PSE: FED): PhP8.99, 11.12%
3. Medco Holdings Inc. (PSE: MED): PhP0.255, 10.87%
4. Nihao Mineral Resources International Inc. (PSE: NI): PhP2.00, 9.29%
5. Vivant Corp. (PSE: VVT): PhP12.00, 8.7%
6. First Philippine Holdings Corp. (PSE: FPH): PhP61.00, 6.64%
7. ATN Holdings Inc. “B” (PSE: ATNB): PhP1.27, 5.83%
8. Filipino Fund Inc. (PSE: FFI): PhP16.80, 5%
9. Mabuhay Holdings Corp. (PSE: MHC): PhP0.63, 5%
10. San Miguel Pure Foods Co. Inc. (PSE: PF): PhP238.00, 4.39%
11. Wellex Industries Inc. (PSE: WIN): PhP0.193, 4.32%
12. IRC Properties Inc. (PSE: IRC): PhP1.47, 4.26%
13. Alliance Select Foods International Inc. (PSE: FOOD): PhP1.02, 4.08%
14. Philippine Business Bank (PSE: PBB): PhP23.40, 4%
15. House of Investments Inc. (PSE: HI): PhP6.58, 3.95%
16. Far Eastern University Inc. (PSE: FEU): PhP1,150.00, 3.6%
17. First Gen Corp. (PSE: FGEN): PhP14.86, 3.48%
18. Cebu Air Inc. (PSE: CEB): PhP50.95, 3.45%
19. Ginebra San Miguel Inc. (PSE: GSMI): PhP22.65, 3.42%
20. Solid Group Inc. (PSE: SGI): PhP1.26, 3.28%

Top decliners:

1. Primex Corp. (PSE: PRMX): PhP3.00, -25%
2. Panasonic Manufacturing Philippines Corp. (PSE: PMPC): PhP5.50, -15.25%
3. Pacifica Inc. (PSE: PA): PhP0.03, -11.76%
4. Integrated Micro-Electronics Inc. (PSE: IMI): PhP2.50, -8.09%
5. Premiere Horizon Alliance Corp. (PSE: PHA): PhP0.295, -7.81%
6. MacroAsia Corp. (PSE: MAC): PhP3.56, -7.77%
7. IP E-Game Ventures Inc. (PSE: EG): PhP0.012, -7.69%
8. Centro Escolar University (PSE: CEU): PhP10.52, -7.56%
9. Anglo Philippine Holdings Corp. (PSE: APO): PhP1.70, -7.1%
10. Prime Media Holdings Inc. (PSE: PRIM): PhP1.44, -7.1%
11. Ionics Inc. (PSE: ION): PhP0.40, -6.98%
12. Leisure and Resorts World Corp. Warrants (PSE: LRW): PhP0.28, -6.67%
13. Manila Mining Corp. “A” (PSE: MA): PhP0.016, -5.88%
14. Philippine Racing Club Inc. (PSE: PRC): PhP8.95, -5.59%
15. Oriental Petroleum and Minerals Corp. “A” (PSE: OPM): PhP0.017, -5.56%
16. Araneta Properties Inc. (PSE: ARA): PhP1.43, -4.67%
17. COL Financial Group Inc. (PSE: COL): PhP16.02, -4.64%
18. NextStage Inc. (PSE: NXT): PhP2.14, -4.46%
19. Cyber Bay Corp. (PSE: CYBR): PhP0.50, -3.85%
20. Splash Corp. (PSE: SPH): PhP1.83, -3.68%