PH Stocks Pull in Gains Amid Slow Regional Markets

PHStocks 18/04/201318/04/2013 0 Comments AGI, ALI, Alliance Global, Alliance Select, ATN, ATN Holdings, ATNB, Ayala Land, BCOR, Berjaya, BHI, Boulevard Holdings, Century Peak, Chemrez Technologies, CLOUD, COAT, CPM, food, I-Remit, IP Converge, LT Group, LTG, Mariwasa SIAM, MEG, Megaworld, MEGW2, MMI, Nickel Asia, NIKL, OPMB, Oriental Petroleum, Pancake House, PCKH, PHES, Philippine Estates, SM, SM Investments, SMIC, T, TKC Steel, Touch Solutions, TSI, Victorias Milling, VMC, VUL, Vulcan, Yehey!

Manila—(PHStocks)—Philippine stocks managed to grow despite slow performance among regional markets. The mainboard Philippine Stock Exchange (PSE) index edged higher by 0.11% to close at 6,857.48 – extending its gains for a second session.

The Financials, Services and Mining and Oil indices retreated, sliding by 0.58%, 0.02% and 0.78%, respectively. Leading the gainers, on the other hand, is the Property sector, which gained 0.56%, followed by the Holding Firms segment, which edged higher by 0.54%.

Trading, on the other hand, was moderately heavy. Value turnover reached PhP11.35 billion on 4 billion shares traded. There were 83 gainers and 73 losers, while 49 stocks were flat.

The top five most active stocks today are LT Group Inc. (PSE: LTG), SM Investments Corporation (SMIC, PSE: SM), Megaworld Corporation (PSE: MEG), Alliance Global Group Inc. (PSE: AGI), and Ayala Land Inc. (PSE: ALI).