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)