PH Stocks Post Weak Week-ender

PHStocks 05/02/201129/01/2012 0 Comments AAA, Acesite, Asia Amalgamated, Bankard, BCOR, BEL, Belle, Berjaya, BKD, DHC, EG, EVER, Ever-Gotesco, F&J Prince, FJP, Holding Firms, index, IP E-Game Ventures, Manchester, Manchester International Holdings, Manila Bulletin, MB, MIHB, Mineral, mining, MJC Investments, MJIC, oil, Omico, OMW, Oriental Peninsula Resources, Oriental Petroleum, PA, PAcifica, petroleum, PH, Philippine Long Distance Telephone Company, Philippine Stock Exchange, PLDT, property, PSE, PSE Index, PSEi, services, shares, SPH, Splash, stocks, SUN, Suntrust, Suntrust Home Developers, TEL, VITA, Vitarich

Local shares at the main board Philippine Stock Exchange (PSE) index (PSEi) ended the week sliding 0.41% to 3,872.35 points, posting a 16.2-point decline. The Property Firms and the Services indices led the biggest slide, at 0.91% and 0.7%, respectively. Only the Holding Firms and the Mining & Oil sectors finished positive, posting a slight 0.06% and 0.45% increases, respectively.

Around 2.42 billion shares were traded, valued at PhP2.77 billion. Losers outnumber gainers 76 to 58, while 38 stocks remain flat.

Leading the gainers are Acesite (Philippines) Hotel Corp. (PSE: DHC), Omico Corp. – Warrants (PSE: OMW2), Vitarich Corp. (PSE: VITA) , MJC Investments Corp. (PSE: MJIC), F&J Prince Holdings Corp. (PSE: FJP), Manila Bulletin Pub. Corp. (PSE: MB), Pacifica Inc. (PSE: PA), Oriental Petroleum & Mineral Corp. (PSE: OPM), and Oriental Peninsula Resources Group Inc. (PSE: ORE).

Loser for the day include Manchester International Holdings Unlimited Corp. “B” (PSE: MIHB), Asia Amalgamated Holdings Corp. (PSE: AAA), Ever-Gotesco Resources and Holdings Inc. (PSE: EVER), Berjaya Philippines Inc. (PSE: BCOR), Belle Corp. (PSE: BEL), Philippine Long Distance Telephone Co. (PLDT) 10% Cumulative Convertible Pref. Series X (PSE: TELX), IP E-Game Ventures Inc. (PSE: EG), Splash Corp. (PSE: SPH), Bankard Inc. (PSE: BKD), and Suntrust Home Developers Inc. (PSE: SUN).