PH Stocks Extend Rally, End 1H13 Trading on Positive Note

PHStocks 28/06/201318/08/2013 0 Comments A. Soriano, AAA, AC, AGI, ALI, Alliance Global, ANS, Apex Mining, APX, APXB, Asia Amalgamated, ATN Holdings, ATNB, Ayala, Ayala Land, BCOR, BDO, BDO Unibank, Berjaya, CMT, First Philippine Holdings, FPH, GLO, GLOBALPORT, Globe, ION, Ionics, LMG, LMG Chemicals, MA, Manila Jockey Club, Manila Mining, Mariwasa SIAM, MBT, Metro Pacific Investments, Metrobank, Metropolitan Bank, MJC, MMI, MPI, MPIC, OM, Omico, Philippine Long Distance Telephone, Philippine Stock Market, Philippine stocks, Philippine stocks news, PLDT, PORT, Primex, PRMX, PSE Index, PSEi, PSEi news, SCC, Semirara Mining, SM, SM Investments, SM Prime, SMIC, SMPH, Southeast Asia Cement, TEL, UNI, Unioil Resources, United Paragon, Universal Robina, UPM, URC

Manila—(PHStocks)—Philippine stocks rallied for the third session amid market optimism in Asia as well as sustained investor confidence in the United States after the Fed’s announcement of continued stimulus program.

The mainboard Philippine Stock Exchange (PSE) index added 2.17% or 137.28 points to close at 6,465.28 today, 28 June – ending the last trading day of the first half of the year on a positive note.

All counters remained in the green, led by the Mining & Oil index, which gained 3.39%. The Holding Firms sector posted a 2.29% gain, while the Services segment went up by 1.88%.

Value turnover reached PhP15.3 billion on 7.53 billion shares traded. There were 96 gainers today against 71 decliners, while 47 stocks were flat.