PH Stocks Remain Depressed

Manila—(PHStocks)—Philippine stocks extend their declines Tuesday, 28 January, as investors stay in the sidelines ahead of a key US Federal Reserve meeting.

The Philippine Stock Exchange index (PSEi) dropped further by 0.97% or 58.8 points to close today’s trading at 6,022.81, maintaining its foothold at the 6,000 level.

The declines, however, were slowing. While, all counters remained in the red, the biggest drops were just 1.19% (Mining and Oil) and 1.16% (Holding Firms). The wider All Shares index slid just by 0.62%.

Trading was moderate. Value turnover reached PhP5.7 billion on 1.78 billion traded shares. There were 52 gainers against 102 losers, while 40 stocks were flat.

Top most active in terms of value:

1. SM Prime Holdings Inc. (PSE: SMPH): PhP14.86, 1.36%
2. Alliance Global Group Inc. (PSE: AGI): PhP27.00, 0.37%
3. Philippine Long Distance Telephone Co. (PSE: TEL): PhP2,704.00, -0.22%
4. Megaworld Corp. (PSE: MEG): PhP3.50, -1.13%
5. Universal Robina Corp. (PSE: URC): PhP119.50, -2.53%
6. GT Capital Holdings Inc. (PSE: GTCAP): PhP748.00, -2.86%
7. Metropolitan Bank & Trust Co. (PSE: MBT): PhP75.80, -1.3%
8. SM Investments Corp. (PSE: SM): PhP701.50, -0.28%
9. LT Group Inc. (PSE: LTG): PhP17.94, 1.13%
10. BDO Unibank Inc. (PSE: BDO): PhP80.00, -0.31%

Top gainers:

1. Island Information and Technology Inc. (PSE: IS): PhP0.046, 27.78%
2. Lorenzo Shipping Corp. (PSE: LSC): PhP1.60, 23.08%
3. PAL Holdings Inc. (PSE: PAL): PhP5.95, 6.25%
4. Oriental Petroleum and Minerals Corp. “A” (PSE: OPM): PhP0.018, 5.88%
5. MRC Allied Inc. (PSE: MRC): PhP0.124, 5.08%
6. Manila Mining Corp. “A” (PSE: MA): PhP0.021, 5%
7. Pacific Online Systems Corp. (PSE: LOTO): PhP15.60, 4%
8. Cebu Holdings Inc. (PSE: CHI): PhP5.44, 3.42%
9. Victorias Milling Co. Inc. (PSE: VMC): PhP2.44, 3.39%
10. AG Finance Inc. (PSE: AGF): PhP2.86, 3.25%
11. Cosco Capital Inc. (PSE: COSCO): PhP8.18, 3.02%
12. LMG Chemicals Corp. (PSE: LMG): PhP3.94, 2.87%
13. PhilWeb Corp. (PSE: WEB): PhP7.99, 2.44%
14. Centro Escolar University (PSE: CEU): PhP10.80, 2.27%
15. Filinvest Development Corp. (PSE: FDC): PhP4.50, 2.27%
16. Holcim Philippines Inc. (PSE: HLCM): PhP14.00, 2.19%
17. Sinophil Corp. (PSE: SINO): PhP0.295, 1.72%
18. Lodestar Investment Holdings Corp. (PSE: LIHC): PhP0.63, 1.61%
19. SM Prime Holdings Inc. (PSE: SMPH): PhP14.86, 1.36%
20. GeoGrace Resources Philippines Inc. (PSE: GEO): PhP0.415, 1.22%

Top decliners:

1. Federal Resources Investment Group Inc. (PSE: FED): PhP10.42, -30.53%
2. United Paragon Mining Corp. (PSE: UPM): PhP0.011, -8.33%
3. Mabuhay Holdings Corp. (PSE: MHC): PhP0.60, -7.69%
4. Southeast Asia Cement Holdings Inc. (PSE: CMT): PhP1.06, -7.02%
5. Millennium Global Holdings Inc. (PSE: MG): PhP0.40, -6.98%
6. Abra Mining & Industrial Corp. (PSE: AR): PhP0.0046, -6.12%
7. Ionics Inc. (PSE: ION): PhP0.40, -4.76%
8. MacroAsia Corp. (PSE: MAC): PhP2.96, -4.52%
9. A Brown Co. Inc. (PSE: BRN): PhP1.12, -4.27%
10. Prime Media Holdings Inc. (PSE: PRIM): PhP1.80, -4.26%
11. Dizon Copper Silver Mines Inc. (PSE: DIZ): PhP6.08, -4.25%
12. Zeus Holdings Inc. (PSE: ZHI): PhP0.36, -4%
13. Apex Mining Company Inc. “A” (PSE: APX): PhP1.97, -3.43%
14. 2GO Group Inc. (PSE: 2GO): PhP1.84, -3.16%
15. Starmalls Inc. (PSE: STR): PhP3.40, -3.13%
16. House of Investments Inc. (PSE: HI): PhP6.21, -3.12%
17. Arthaland Corp. (PSE: ALCO): PhP0.194, -3%
18. City & Land Developers Inc. (PSE: LAND): PhP1.64, -2.96%
19. Jollibee Foods Corp.  (PSE: JFC): PhP157.60, -2.96%
20. GT Capital Holdings Inc. (PSE: GTCAP): PhP748.00, -2.86%