PH Stocks Extend Declines on China Worries

Manila—(PHStocks)—Philippine stocks continued their downtrend on Thursday, 13 March, amid investor concerns on lower than expected China industrial production data.

The Philippine Stock Exchange index (PSEi) shed a further 0.51% or 32.68 points to close today’s session at 6,429.79. Most counters were still in the red, except for the Property index, which gained 1.26%.

The biggest losing sector today – the Services segment – dropped by 0.8%. The Mining and Oil index lost 0.76%, while the wider All Shares index slid by just 0.15%.

Value turnover reached PhP6.5 billion on 1.8 billion traded shares. Foreign buying reached PhP3.64 billion while foreign selling was PhP2.99 billion. There were 69 gainers against 79 decliners, while 51 stocks were flat.

Top most active in terms of value:

1. Philippine Long Distance Telephone Co. (PSE: TEL): PhP2,720.00, -2.23%
2. International Container Terminal Services Inc. (PSE: ICT): PhP100, NC
3. Universal Robina Corp. (PSE: URC): PhP140.30, -0.78%
4. Bank of the Philippine Islands (PSE: BPI): PhP91.00, -0.87%
5. Ayala Land Inc. (PSE: ALI): PhP28.70, 0.7%
6. Metropolitan Bank & Trust Co. (PSE: MBT): PhP80.65, -1.71%
7. DMCI Holdings Inc. (PSE: DMC): PhP68.00, -0.29%
8. Petron Corp. (PSE: PCOR): PhP13.90, -0.86%
9. SM Investments Corp. (PSE: SM): PhP716.00, -0.14%
10. Travellers International Hotel Group Inc. (PSE: RWM): PhP10.16, 2.11%

Top gainers:

1. Leisure and Resorts World Corp. Warrants (PSE: LRW): PhP0.97, 16.87%
2. Global-Estate Resorts Inc. (PSE: GERI): PhP1.86, 14.81%
3. A Brown Co. Inc. (PSE: BRN): PhP1.33, 13.68%
4. Suntrust Home Developers Inc. (PSE: SUN): PhP1.12, 10.89%
5. Top Frontier Investment Holdings Inc. (PSE: TFHI): PhP72.00, 10.77%
6. Victorias Milling Co. Inc. (PSE: VMC): PhP3.67, 7.94%
7. Seafront Resources Corp. (PSE: SPM): PhP1.87, 7.47%
8. Alsons Consolidated Resources Inc. (PSE: ACR): PhP1.44, 6.67%
9. Asian Terminals Inc. (PSE: ATI): PhP11.80, 6.31%
10. iRipple Inc. (PSE: RPL): PhP14.20, 5.19%
11. Integrated Micro-Electronics Inc. (PSE: IMI): PhP3.14, 4.67%
12. Belle Corp. (PSE: BEL): PhP5.70, 4.2%
13. 2GO Group Inc. (PSE: 2GO): PhP2.69, 3.86%
14. Coal Asia Holdings Inc. (PSE: COAL): PhP0.83, 3.75%
15. Roxas and Co. Inc. (PSE: RCI): PhP3.20, 3.56%
16. Mabuhay Holdings Corp. (PSE: MHC): PhP0.66, 3.13%
17. Megaworld Corp. (PSE: MEG): PhP4.17, 2.96%
18. Vulcan Industrial & Mining (PSE: VUL): PhP1.49, 2.76%
19. Lodestar Investment Holdings Corp. (PSE: LIHC): PhP0.78, 2.63%
20. Melco Crown (Philippines) Resorts Corp. (PSE: MCP): PhP13.28, 2.63%

Top decliners:

1. United Paragon Mining Corp. (PSE: UPM): PhP0.011, -8.33%
2. Century Peak Metals Holdings Corp. (PSE: CPM): PhP0.58, -7.94%
3. Yehey! Corp. (PSE: YEHEY): PhP1.12, -6.67%
4. Anglo Philippine Holdings Corp. (PSE: APO): PhP1.77, -6.35%
5. AG Finance Inc. (PSE: AGF): PhP3.30, -5.98%
6. I-Remit Inc. (PSE: I): PhP2.58, -5.84%
7. Oriental Petroleum and Minerals Corp. “A” (PSE: OPM): PhP0.017, -5.56%
8. Panasonic Manufacturing Philippines Corp. (PSE: PMPC): PhP5.50, -4.35%
9. LT Group Inc. (PSE: LTG): PhP18.46, -4.05%
10. Asia Amalgamated Holdings (PSE: AAA): PhP1.75, -3.85%
11. ATN Holdings Inc. “A” (PSE: ATN): PhP1.51, -3.82%
12. Philippine Estates Corp. (PSE: PHES): PhP0.38, -3.80%
13. Philippine Realty & Holdings Corp. (PSE: RLT): PhP0.53, -3.64%
14. Paxys Inc. (PSE: PAX): PhP2.48, -3.5%
15. Atlas Consolidated Mining and Development Corp. (PSE: AT): PhP14.50, -3.33%
16. Wellex Industries Inc. (PSE: WIN): PhP0.188, -3.09%
17. Pancake House Inc. (PSE: PCKH): PhP22.80, -2.98%
18. Da Vinci Capital Holdings Inc. (PSE: DAVIN): PhP1.06, -2.75%
19. Southeast Asia Cement Holdings Inc. (PSE: CMT): PhP1.07, -2.73%
20. Nihao Mineral Resources International Inc. (PSE: NI): PhP2.73, -2.5%