PH Stocks Down Ahead of Key US Data
Manila—(PHStocks)—Philippine stocks extended their declines Wednesday, 4 December, as investors await – yet again – signals from the U.S. Federal Reserve on when it will start to reduce its stimulus program. This, after a series of profit taking Tuesday, 3 December, that ended a five-day rally.
The Philippine Stock Exchange index (PSEi) closed at 6,105.23, down 1.2%. All counters remained in the red, led by the Property index, which shed 1.73%, followed by Financials, which lost 1.63%. The wider All-Shares index was down 0.88%.
Trading was moderate, with value turnover reaching only PhP5.42 billion on 657 million shares traded. There were 58 gainers against 84 losers, while 34 stocks remained flat.
Top most active stocks:
- SM Investments Corp. (PSE: SM): PhP726.00, -0.55%
- Philippine Long Distance Telephone Co. (PSE: TEL): PhP2,704.00, -1.39%
- Ayala Land Inc. (PSE: ALI): PhP26.80, -4.29%
- Universal Robina Corp. (PSE: URC): PhP119.10, -1.16%
- GT Capital Holdings Inc. (PSE: GTCAP): PhP770.00, 1.32%
- Travellers International Hotel Group Inc. (PSE: RWM): PhP11.08, 3.17%
- SM Prime Holdings Inc. (PSE: SMPH): PhP16.12, 0.37%
- Metropolitan Bank & Trust Co. (PSE: MBT): PhP75.70, -3.57%
- Bank of the Philippine Islands (PSE: BPI): PhP92.20, -1.02%
- Alliance Global Group Inc. (PSE: AGI): PhP25.25, -0.98%
Top gainers:
- South China Resources Inc. (PSE: SOC): PhP1.09, 13.54%
- Republic Glass Holdings Corp. (PSE: REG): PhP2.61, 10.59%
- Philippine Racing Club Inc. (PSE: PRC): PhP9.35, 10.00%
- Global-Estate Resorts Inc. (PSE: GERI): PhP1.46, 8.15%
- Manila Bulletin Publishing Corp. (PSE: MB): PhP0.74, 7.25%
- Vulcan Industrial & Mining (PSE: VUL): PhP1.45, 5.84%
- SPC Power Corp. (PSE: SPC): PhP4.85, 5.43%
- Liberty Telecoms Holdings Inc. (PSE: LIB): PhP2.00, 5.26%
- GMA Holdings Inc. (PDR) (PSE: GMAP): PhP7.90, 5.19%
- Anglo Philippine Holdings Corp. (PSE: APO): PhP1.74, 4.82%
Top decliners:
- iRipple Inc. (PSE: RPL): PhP8.88, -17.01%
- Benguet Corp. “B” (PSE: BCB): PhP6.80, -9.33%
- Keppel Philippine Holdings Inc. “A” (PSE: KPH): PhP4.20, -8.70%
- Cyber Bay Corp. (PSE: CYBR): PhP0.55, -6.78%
- DFNN Inc. (PSE: DFNN): PhP6.00, -6.25%
- Abra Mining & Industrial Corp. (PSE: AR): PhP0.003, -6.25%
- 8990 Holdings Inc. (PSE: HOUSE): PhP6.50, -5.80%
- Oriental Petroleum and Minerals Corp. “A” (PSE: OPM): PhP0.017, -5.56%
- Asiabest Group International Inc. (PSE: ABG): PhP13.78, -5.23%
- Integrated Micro-Electronics Inc. (PSE: IMI): PhP2.56, -5.19%