PH Stocks Continue Rally
Coming off a bloodbath last week, local shares are not letting up on their rally as the bellwether Philippine Stock Exchange index (PSEi) close Tuesday at 3,784.23 points, up 0.46% from yesterday. The wider all-shares index likewise grew, posting a 0.47% gain or 13.32 points to close at 2,867 points as news.
On a sectoral basis, only the Holding Firms index declined, losing 1.69% or 55.39 points. Meanwhile, both the Property and the Industrial indices recovered, gaining 2.4% and 1.73%, respectively.
Trading volume reached about 2.4 billion, valued at PhP4.55 billion, on 13,780 trades. Gainers led losers 74 to 49, while 43 stocks remain unchanged.
The top 10 gainers for the day are as follows:
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Fil-Estate Land Inc. (PSE: LND): PhP1.93, +12.87%
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Paxys Inc. (PSE: PAX): PhP1.77, +11.32%
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Cebu Air Inc. (PSE: CEB): PhP90.20, +10.13%
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Oriental Peninsula Resources Group Inc. (PSE: ORE): PhP2.90, +8.61%
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Vista Land & Lifescapes Inc. (PSE: VLL): PhP2.49, +8.26%
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TKC Steel Corp. (PSE: T): PhP3.39, +7.62%
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Apex Mining Co. Inc. “A” (PSE: APX): PhP3.60, +7.46%
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International Container Terminal Services Inc. (PSE: ICT): PhP38.85, +6.73%
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Ever-Gotesco Resources and Holdings Inc. (PSE: EVER): PhP0.11, +5.77%
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Jollibee Foods Corp. (PSE: JFC): PhP71.80, +5.51%