PH Stocks Close Historic Week at Slightly Lower Note

PHStocks 24/02/201225/02/2012 0 Comments Aboitiz Power, AP, CAT, Central Azucarera de Tarlac, City & Land, DIZ, Dizon Copper Silver Mines, green, Greenergy, Hacienda Luisita, IRC, IRC Properties, LAND, Mabuhay Holdings, MHC, NI, NiHAO Mineral, Philippine Stock Exchange, PSE, PSE Index, PSEi, UBP, Union Bank, Waterfront, WPI

Manila–(PHStocks)–Whether because of investors’ fear or profit-taking, local shares ended this week on a weak note. The bellwether Philippine Stock Exchange index (PSEi) closed the week ended 24 February at 4,893.00 – slightly down by 0.48 points from 4,893.48 points in the previous day.

The Financials and the Holding Firms indices continued their growth by gaining 0.45% and 0.46%, respectively. The Industrials sector, meanwhile, grew slightly by 0.09%.

Trading volume reached 14.17 billion, valued at PhP9.64 billion. There were 59 gainers against 111 losers, while 39 stocks remained flat.

Below are the top price gainers for the day:

1. IRC Properties Inc. (PSE: IRC): PhP1.80, +50%

2. Mabuhay Holdings Corp. (PSE: MHC): PhP0.80, +37.93%

3. Union Bank of the Philippines (PSE: UBP): PhP135.00, +17.39%

4. Aboitiz Power Corp. (PSE: AP): PhP33.75, +10.84%

5. City & Land Developers Inc. (PSE: LAND): PhP1.90, +8.57%

6. Greenergy Holdings Inc. (PSE: GREEN): PhP0.013, +8.33%

7. NiHAO Mineral Resources International Inc. (PSE: NI): PhP10.94, +7.89%

8. Central Azucarera De Tarlac (PSE: CAT): PhP14.00, +7.69%

9. Waterfront Philippines Inc. (PSE: WPI): PhP0.57, +7.55%

10. Dizon Copper Silver Mines Inc. (PSE: DIZ): PhP39.90, +7.55%