PH Stocks Retreat Anew on Profit Taking

PHStocks 12/09/201313/09/2013 0 Comments AGI, ALHI, Alliance Global, Anchor Land, ATN Holdings, ATNB, Ayala, Ayala Land, BDO, Bloomberry, Cirtek Holdings, City & Land, I-Remit, IMI, Integrated Micro-Electronics, IP E-Game, LAND, LCB, Lepanto Consolidated, LMG Chemicals, MBT, Metro Pacific Investments, Metrobank, MJCI Investments, MPI, MRC Allied, Oriental Peninsula, Oriental Petroleum, PCOR, Petron, Philex Mining, Philippine Seven, PLDT, SM Investments, SM Prime, SMPH, SPC Power, Vitarich, Zeus Holdings

Manila—(PHStocks)—Philippine stocks halted their climb Thursday, 12 September, as investors locked in their gains amid the rally early in the week.

The Philippine Stock Exchange index (PSEi) slid by 0.31% or 19.29 points to close the day’s trading at 6,195.61 – keeping its foothold above 6,000. All counters except for the Services (+0.25%) and Holding Firms (+0.11%) sectors declined, led by the Mining and Oil segment, which lost 1.67%. The wider All Shares index, on the other hand, lost 0.18%.

Trading was moderate. Value turnover reached PhP8.16 billion on 1 million traded shares. There were 66 gainers against 78 losers, while 38 stocks were flat.

Today’s top most active stocks include SM Investments Corp. (SM, PhP760.00, 3.68%), Metro Pacific Investments Corp. (MPI, PhP4.70, -7.84%), Philippine Long Distance Telephone Co. (TEL, PhP2,888.00, -0.07%), Ayala Corp. (AC, PhP563.00, -1.92%), Metropolitan Bank & Trust Company (MBT, PhP80.70, 0.50%), Bloomberry Resorts Corp. (PSE: BLOOM): PhP12.30, 3.54%), SM Prime Holdings Inc. (SMPH, PhP16.50, -1.43%), Alliance Global Group Inc. (AGI, PhP26.75, NC), BDO Unibank Inc. (BDO, PhP72.50, -3.33%), and Ayala Land Inc. (ALI, PhP26.70, NC)