PH Stocks Extend Declines on Weak China PMI

Manila—(PHStocks)—Philippine stocks extended their declines Monday, 3 February, on news of lower China PMI. Other markets in Asia, meanwhile, remained close in celebration of the Lunar New Year.

The benchmark Philippine Stock Exchange index (PSEi) dropped by as much as 51 points early in the session, before cutting the losses to just 25.89 points or 0.43%, maintaining its foothold above the 6,000 level.

Only the Property sector gained, albeit minimally (+0.26%). All remaining counters were in the red, led by the Services sector, which lost 1.04%. Meanwhile, both the Financials and the wider All Shares dropped by 0.53%. Value turnover reached PhP5.6 billion on 791 million shares traded. There were 50 gainers against 99 losers, while 50 stocks were flat.

Top most active in terms of value:

1. Philippine Long Distance Telephone Co. (PSE: TEL): PhP2,670.00, -1.04%
2. Bank of the Philippine Islands (PSE: BPI): PhP88.40, -0.45%
3. Universal Robina Corp. (PSE: URC): PhP117.00, -0.93%
4. SM Prime Holdings Inc. (PSE: SMPH): PhP15.26, -1.68%
5. Ayala Land Inc. (PSE: ALI): PhP26.70, 1.91%
6. Alliance Global Group Inc. (PSE: AGI): PhP27.05, -0.18%
7. SM Investments Corp. (PSE: SM): PhP701.00, -0.50%
8. Metro Pacific Investments Corp. (PSE: MPI): PhP4.29, -0.23%
9. Aboitiz Power Corp. (PSE: AP): PhP35.25, -1.95%
10. BDO Unibank Inc. (PSE: BDO): PhP78.50, -0.63%

Top gainers:

1. iRipple Inc. (PSE: RPL): PhP11.40, 8.57%
2. MRC Allied Inc. (PSE: MRC): PhP0.123, 6.96%
3. Oriental Petroleum and Minerals Corp. “A” (PSE: OPM): PhP0.018, 5.88%
4. IRC Properties Inc. (PSE: IRC): PhP1.45, 5.07%
5. Leisure & Resorts World Corp. (PSE: LR): PhP7.39, 4.82%
6. Basic Energy Corp. (PSE: BSC): PhP0.26, 4%
7. Victorias Milling Co. Inc. (PSE: VMC): PhP2.55, 3.66%
8. LT Group Inc. (PSE: LTG): PhP19.00, 3.26%
9. Philippine Seven Corp. (PSE: SEVN): PhP103.00, 3%
10. Starmalls Inc. (PSE: STR): PhP3.50, 2.64%
11. Apex Mining Company Inc. “A” (PSE: APX): PhP2.00, 2.56%
12. ATN Holdings Inc. “A” (PSE: ATN): PhP1.28, 2.4%
13. Philippine Business Bank (PSE: PBB): PhP23.60, 2.16%
14. San Miguel Pure Foods Co. Inc. (PSE: PF): PhP237.00, 2.16%
15. Ayala Land Inc. (PSE: ALI): PhP26.70, 1.91%
16. Sinophil Corp. (PSE: SINO): PhP0.295, 1.72%
17. Mabuhay Holdings Corp. (PSE: MHC): PhP0.60, 1.69%
18. Roxas Holdings Inc. (PSE: ROX): PhP5.57, 1.64%
19. 2GO Group Inc. (PSE: 2GO): PhP1.89, 1.61%
20. ATN Holdings Inc. “B” (PSE: ATNB): PhP1.27, 1.6%

Top losers:

1. Imperial Resources Inc. (PSE: IMP): PhP4.50, -18.18%
2. Jolliville Holdings Corp. (PSE: JOH): PhP4.72, -12.59%
3. Millennium Global Holdings Inc. (PSE: MG): PhP0.395, -12.22%
4. SPC Power Corp. (PSE: SPC): PhP4.20, -9.68%
5. Republic Glass Holdings Corp. (PSE: REG): PhP2.41, -7.66%
6. Abra Mining & Industrial Corp. (PSE: AR): PhP0.0042, -6.67%
7. Benguet Corp. “B” (PSE: BCB): PhP7.56, -5.50%
8. Dizon Copper Silver Mines Inc. (PSE: DIZ): PhP5.75, -5.27%
9. Pacifica Inc. (PSE: PA): PhP0.037, -5.13%
10. Ever-Gotesco Resources & Holdings Inc. (PSE: EVER): PhP0.185, -5.13%
11. Prime Media Holdings Inc. (PSE: PRIM): PhP1.69, -5.06%
12. Global-Estate Resorts Inc. (PSE: GERI): PhP1.28, -4.48%
13. PAL Holdings Inc. (PSE: PAL): PhP5.60, -4.27%
14. Asia Amalgamated Holdings (PSE: AAA): PhP1.90, -4.04%
15. Federal Resources Investment Group Inc. (PSE: FED): PhP10.04, -3.83%
16. Maybank ATR Kim Eng Financial Corp. (PSE: MAKE): PhP20.30, -3.33%
17. Agrinurture Inc. (PSE: ANI): PhP5.02, -3.28%
18. Shang Properties Inc. (PSE: SHNG): PhP3.13, -3.10%
19. Manila Bulletin Publishing Corp. (PSE: MB): PhP0.63, -3.08%
20. Lodestar Investment Holdings Corp. (PSE: LIHC): PhP0.64, -3.03%