PH Stocks End Higher

Manila—(PHStocks)—Philippine stocks finished the first day of this week’s trading in the green, as investors scoop up stocks amid strong corporate financial results.

The Philippine Stock Exchange (PSE) index went up by 0.17% to 7,229.72, buoyed by strong gains of First Gen Corp. (PSE: FGEN) (+3.28%) and GT Capital Holdings Inc. (PSE: GTCAP) (+1.68%), Jollibee Foods Corp.  (PSE: JFC) (+1.44%) and Energy Development Corp. (PSE: EDC) (+1.23%).

All counters are in the green, led by the Mining and Oil index, which gained 0.64%. The Industrials, meanwhile, went up by 0.38%.

Total volume reached 2.75 billion, valued at PhP6.16 billion. Foreign buying reached PhP2.63 billion, while foreign selling totaled PhP2.42 billion, for a net foreign inflow of PhP210 million. There were 72 gainers against 96 losers, while 50 stocks were flat.

Top most active:

1. SSI Group Inc. (PSE: SSI): PhP8.51, 4.8%
2. BDO Unibank Inc. (PSE: BDO): PhP106.00, 0.28%
3. Philippine Long Distance Telephone Co. (PSE: TEL): PhP2,992.00, -0.13%
4. Alliance Global Group Inc. (PSE: AGI): PhP24.20, -0.41%
5. Ayala Land Inc. (PSE: ALI): PhP35.00, 1.01%

Top gainers:

1. Southeast Asia Cement Holdings Inc. (PSE: CMT): PhP2.21, 13.92%
2. Waterfront Philippines Inc. (PSE: WPI): PhP0.425, 11.84%
3. Prime Media Holdings Inc. (PSE: PRIM): PhP1.66, 6.41%
4. Asian Terminals Inc. (PSE: ATI): PhP12.20, 5.54%
5. Cebu Property Venture & Development “A” (PSE: CPV): PhP6.00, 5.26%
6. Panasonic Manufacturing Philippines Corp. (PSE: PMPC): PhP4.29, 5.15%
7. SSI Group Inc. (PSE: SSI): PhP8.51, 4.8%
8. The Philodrill Corp. (PSE: OV): PhP0.023, 4.55%
9. Rockwell Land Corp. (PSE: ROCK): PhP1.85, 4.52%
10. Cityland Development Corp. (PSE: CDC): PhP1.06, 3.92%

Top decliners:

1. iRipple Inc. (PSE: RPL): PhP31.90, -8.6%
2. Suntrust Home Developers Inc. (PSE: SUN): PhP1.42, -7.19%
3. I-Remit Inc. (PSE: I): PhP1.79, -5.79%
4. Berjaya Philippines Inc. (PSE: BCOR): PhP25.50, -5.56%
5. Splash Corp. (PSE: SPH): PhP2.27, -5.02%
6. RFM Corp. (PSE: RFM): PhP4.77, -4.6%
7. Unioil Resources & Holdings Co. Inc. (PSE: UNI): PhP0.415, -4.60%
8. ATN Holdings Inc. “A” (PSE: ATN): PhP2.67, -3.96%
9. Agrinurture Inc. (PSE: ANI): PhP2.30, -3.77%
10. Minerales Industrias Corp. (PSE: MIC): PhP5.60, -3.45%