PH Stocks Recover, Up 34pts
Local shares rebounded Friday, with the bellwether Philippine Stock Exchange index (PSEi) gaining 0.89% or 34.27 points to close at 3,875.81 points. The wider all-shares index meanwhile went up 25.15 points to 2,924.1 points.
All counters were back on a positive trend, led by the Industrial index, which gained 1.48%. The Holding Firms sector followed with a 0.95% increase, while the Property index grew by 0.8%.
Trading volume reached 936 million, worth PhP4 billion, on 12,035 trades. There were 68 gainers against 54 losers, while 47 stocks remained flat.
The leading stock price gainers for the day are as follows:
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Berjaya Philippines Inc. (PSE: BCOR): PhP18.00, +2.80, +18.42%
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Manila Electric Co. (PSE: MER): PhP248.60, +18.80, +8.18%
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Phinma Corp. (PSE: PHN): PhP14.00, +1.00, +7.69%
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Benguet Corp. (PSE: BC): PhP13.90, +0.90, +6.92%
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Leisure and Resorts World Corp. (PSE: LR): PhP9.50, +0.50, +5.56%
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iPeople Inc. (PSE: IPO): PhP4.00, +0.20, +5.26%
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Vantage Equities Inc. (PSE: V): PhP1.80, +0.09, +5.26%
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Splash Corp. (PSE: SPH): PhP2.41, +0.11, +4.78%
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SM Prime Holdings Inc. (PSE: SMPH): PhP11.48, +0.52, +4.74%
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Filinvest Development Corp. (PSE: FDC): PhP4.34, +0.19, +4.58%