PH Stocks Breach 6,900

Manila—(PHStocks)—Philippine stocks closed the first trading week of July on a strong note amid positive macroeconomic outlook in the United States.

The benchmark Philippine Stock Exchange index (PSEi) went up by 0.91% or 62.97 points to close trading at 6,962.28 today, 4 July. All counters are in the green, led by the Property sector, which grew by 1.47%. The Mining and Oil sector was up by 0.91%, while the Holding Firms segment gained 0.89%.

Volume turnover reached 2.2 billion, valued at PhP8.8 billion. Foreign buying reached PhP4.02 billion and foreign selling was PhP4.17 billion. There were 93 gainers against 85 losers, while 47 stocks were flat.

Top most active in terms of value:

1. Philippine Long Distance Telephone Co. (PSE: TEL): PhP3,016.00, 0.53%
2. Ayala Land Inc. (PSE: ALI): PhP31.05, 1.80%
3. BDO Unibank Inc. (PSE: BDO): PhP92.90, -0.05%
4. SM Prime Holdings Inc. (PSE: SMPH): PhP16.56, 2.10%
5. Metropolitan Bank & Trust Co. (PSE: MBT): PhP90.00, 0.45%
6. Ayala Corp. (PSE: AC): PhP670.00, 0.90%
7. Alliance Global Group Inc. (PSE: AGI): PhP29.20, 0.17%
8. SM Investments Corp. (PSE: SM): PhP826.50, 2.10%
9. Megaworld Corp. (PSE: MEG): PhP4.58, 1.78%
10. Universal Robina Corp. (PSE: URC): PhP157.40, 0.90%

Top gainers:

1. Benguet Corp.  – 8% Cumulative Convertible Pref. A (PSE: BCP): PhP34.00, 28.30%
2. Liberty Flour Mills Inc. (PSE: LFM): PhP59.95, 13.01%
3. Benguet Corp. “B” (PSE: BCB): PhP12.30, 11.82%
4. Philippine Estates Corp. (PSE: PHES): PhP0.35, 7.69%
5. Forum Pacific Inc. (PSE: FPI): PhP0.174, 7.41%
6. Makati Finance Corp. (PSE: MFIN): PhP11.20, 6.67%
7. Benguet Corp. “A” (PSE: BC): PhP11.98, 5.83%
8. Philippine Savings Bank (PSE: PSB): PhP136.80, 5.64%
9. Asia Amalgamated Holdings (PSE: AAA): PhP2.05, 4.59%
10. 2GO Group Inc. (PSE: 2GO): PhP2.76, 4.55%

Top decliners:

1. Citystate Savings Bank Inc. (PSE: CSB): PhP10.00, -13.04%
2. Keppel Philippine Holdings Inc. “A” (PSE: KPH): PhP5.30, -11.67%
3. Omico Corp. (PSE: OM): PhP0.66, -10.81%
4. Da Vinci Capital Holdings Inc. (PSE: DAVIN): PhP3.22, -8.26%
5. Medco Holdings Inc. (PSE: MED): PhP0.325, -7.14%
6. Far Eastern University Inc. (PSE: FEU): PhP1,080.00, -6.82%
7. A Brown Company Inc. (PSE: BRN): PhP1.40, -6.67%
8. IP E-Game Ventures Inc. (PSE: EG): PhP0.014, -6.67%
9. Discovery World Corp. (PSE: DWC): PhP1.85, -6.57%
10. Lorenzo Shipping Corp. (PSE: LSC): PhP1.50, -6.25%