PH Stocks Recover from Selloff

Manila—(PHStocks)—Philippine stocks rebounded on Thursday, 6 November, after the market selloff during the past two trading days. The benchmark Philippine Stock Exchange (PSE) index gained 0.39% or 27.82 points to close the session at 7,236.63.

Only the Services index remained in the red, shedding 0.73%. Leading the gainers was the Property index, which jumped by 1.8%.

Trading volume reached 4.36 billion, valued at about PhP9.75 billion. Foreign buying was PhP4.78 billion and foreign selling totaled Php4.73 billion, for a net inflow of around PhP50 million. There were 88 gainers against 90 decliners, while 46 stocks were flat.

Top most active:

1. Philippine Long Distance Telephone Co. (PSE: TEL): PhP2,920.00, -2.34%
2. BDO Unibank Inc. (PSE: BDO): PhP106, 2.91%
3. Megaworld Corp. (PSE: MEG): PhP4.96, 2.69%
4. Ayala Land Inc. (PSE: ALI): PhP34.45, 2.23%
5. GT Capital Holdings Inc. (PSE: GTCAP): PhP1,070.00, 2.59%

Top gainers:

1. Leisure and Resorts World Corp. Warrants (PSE: LRW): PhP5.70, 23.91%
2. PhilWeb Corp. (PSE: WEB): PhP6.02, 10.66%
3. Filipino Fund Inc. (PSE: FFI): PhP7.00, 10.24%
4. Oriental Petroleum and Minerals Corp. “A” (PSE: OPM): PhP0.015, 7.14%
5. Island Information and Technology Inc. (PSE: IS): PhP0.78, 6.85%
6. DoubleDragon Properties Corp. (PSE: DD): PhP7.95, 6.14%
7. AG Finance Inc. (PSE: AGF): PhP4.37, 5.56%
8. Robinsons Land Corp. (PSE: RLC): PhP25.00, 5.49%
9. 8990 Holdings Inc. (PSE: HOUSE): PhP7.71, 5.47%
10. Discovery World Corp. (PSE: DWC): PhP2.00, 5.26%

Top decliners:

1. Greenergy Holdings Inc. (PSE: GREEN): PhP0.45, -15.09%
2. Swift Foods Inc. (PSE: SFI): PhP0.20, -13.04%
3. Boulevard Holdings Inc. (PSE: BHI): PhP0.084, -9.68%
4. Central Azucarera De Tarlac (PSE: CAT): PhP105.00, -8.70%
5. Wellex Industries Inc. (PSE: WIN): PhP0.295, -7.81%
6. Manila Mining Corp. “A” (PSE: MA): PhP0.015, -6.25%
7. IP E-Game Ventures Inc. (PSE: EG): PhP0.015, -6.25%
8. Philippine Estates Corp. (PSE: PHES): PhP0.385, -6.10%
9. Manila Mining Corp. “B” (PSE: MAB): PhP0.016, -5.88%
10. Oriental Petroleum and Minerals Corp. “B” (PSE: OPMB): PhP0.016, -5.88%