PH Stocks Reverses Gains on Profit Taking

Manila—(PHStocks)—Philippine stocks ended mostly in the red today as investors lock in their profits after a five-day rally.

The benchmark Philippine Stock Exchange index (PSEi) declined by 0.61% or 36.33 points to close today’s session at 5,947.93 on profit taking.

Despite this, however, half of the sectors were up, led by the Mining and Oil segment, which jumped by 5.12%. The Industrials managed to eke out a slight 0.16% gain, while the Financials more or less maintained its level from yesterday.

The declines, however, were minimal. The Holding Firms sector slid by 1.07%, while the Services dropped by 0.72% and the Property, by 0.7%. The wider All-Shares index, meanwhile, slipped by 0.3%.

Top most active:

• SM Investments Corp. (PSE: SM): PhP706.00, -1.33%
• Ayala Corp. (PSE: AC): PhP520.50, -0.95%
• Alliance Global Group Inc. (PSE: AGI): PhP26.25, -0.38%
• Philippine Long Distance Telephone Co. (PSE: TEL): PhP2,634.00, -1.27%
• Metropolitan Bank & Trust Co. (PSE: MBT): PhP77.40, 0.26%
• Ayala Land Inc. (PSE: ALI): PhP25.25, -0.98%
• Metro Pacific Investments Corp. (PSE: MPI): PhP4.35, -0.46%
• Universal Robina Corp. (PSE: URC): PhP119.00, 0.85%
• BDO Unibank Inc. (PSE: BDO): PhP70.45, -0.77%
• SM Prime Holdings Inc. (PSE: SMPH): PhP14.80, -1.33%

Top gainers:

• Primex Corp. (PSE: PRMX): PhP4.00, 25%
• Manila Mining Corp. “A” (PSE: MA): PhP0.016, 23.08%
• Manila Mining Corp. “B” (PSE: MAB): PhP0.018, 20%
• Lepanto Consolidated Mining Co. “A” (PSE: LC): PhP0.36, 16.13%
• United Paragon Mining Corp. (PSE: UPM): PhP0.011, 15.79%
• Lepanto Consolidated Mining Co. “B” (PSE: LCB): PhP0.37, 15.63%
• MRC Allied Inc. (PSE: MRC): PhP0.079, 11.27%
• Apex Mining Company Inc. “A” (PSE: APX): PhP1.95, 10.8%
• Nihao Mineral Resources International Inc. (PSE: NI): PhP1.73, 10.19%
• Greenergy Holdings Inc. (PSE: GREEN): PhP0.012, 9.09%

Top decliners:

• DFNN Inc. (PSE: DFNN): PhP5.21, -5.27%
• Starmalls Inc. (PSE: STR): PhP3.45, -3.9%
• Now Corp. (PSE: NOW): PhP0.39, -3.7%
• Sun Life Financial Inc. (PSE: SLF): PhP1,345.00, -3.17%
• Pepsi-Cola Products Philippines Inc. (PSE: PIP): PhP4.40, -2.87%
• Atok-Big Wedge Company Inc. (PSE: AB): PhP17.50, -2.78%
• Araneta Properties Inc. (PSE: ARA): PhP1.42, -2.74%
• Chemrez Technologies Inc. (PSE: COAT): PhP2.99, -2.61%
• Aboitiz Equity Ventures Inc. (PSE: AEV): PhP53.50, -2.55%
• Globe Telecom Inc. (PSE: GLO): PhP1,610.00, -2.42%