Profit Taking Continues to Pull Back Gains

Manila—(PHStocks)—Philippine stocks faced another series of profit taking Thursday, 24 April.

The Philippine Stock Exchange index (PSEi) slid by a further 0.56% or 38.19 points to close the day’s session at 6,731.33. Except for the Mining and Oil index (+0.68%), all remaining counters were in the red, led by the Services sector (-0.98%), followed by Financials (-0.94%).

Value turnover reached PhP6.77 billion on 2.24 billion shares traded. There were 86 gainers against 94 losers, while 39 stocks were flat.

Top most active in terms of value:

1. SM Investments Corp. (PSE: SM): PhP737.50, -0.67%
2. Metropolitan Bank & Trust Co. (PSE: MBT): PhP84.35, -0.71%
3. Universal Robina Corp. (PSE: URC): PhP148.50, 1.23%
4. BDO Unibank Inc. (PSE: BDO): PhP88.00, -0.62%
5. Philippine Long Distance Telephone Co. (PSE: TEL): PhP2,820.00, -1.95%
6. Ayala Land Inc. (PSE: ALI): PhP30.65, 0.33%
7. SM Prime Holdings Inc. (PSE: SMPH): PhP16.52, -0.72%
8. Alliance Global Group Inc. (PSE: AGI): PhP30.65, 0.00%
9. GT Capital Holdings Inc. (PSE: GTCAP): PhP855.00, -0.12%
10. Ayala Corp. (PSE: AC): PhP623.00, -0.08%

Top gainers:

1. Benguet Corp. – 8% Cumulative Convertible Pref. A (PSE: BCP): PhP33.90, 49.67%
2. Benguet Corp. “A” (PSE: BC): PhP11.00, 21.68%
3. Benguet Corp. “B” (PSE: BCB): PhP10.50, 16.67%
4. Asiabest Group International Inc. (PSE: ABG): PhP11.72, 9.12%
5. Panasonic Manufacturing Philippines Corp. (PSE: PMPC): PhP4.80, 9.09%
6. Euro-Med Laboratories Philippines Inc. (PSE: EURO): PhP1.90, 7.34%
7. Ionics Inc. (PSE: ION): PhP0.59, 7.27%
8. EasyCall Communications Philippines Inc. (PSE: ECP): PhP3.00, 6.38%
9. Bloomberry Resorts Corp. (PSE: BLOOM): PhP11.00, 5.77%
10. Apex Mining Company Inc. “A” (PSE: APX): PhP3.49, 5.76%
11. Manila Mining Corporation “A” (PSE: MA): PhP0.019, 5.56%
12. Seafront Resources Corp. (PSE: SPM): PhP1.90, 5.56%
13. BDO Leasing & Finance Inc. (PSE: BLFI): PhP2.11, 4.98%
14. Rockwell Land Corp. (PSE: ROCK): PhP1.92, 4.92%
15. Primex Corp.(PSE: PRMX): PhP3.00, 4.9%
16. Prime Media Holdings Inc. (PSE: PRIM): PhP1.78, 4.71%
17. Oriental Peninsula Resources Group Inc. (PSE: ORE): PhP1.78, 4.71%
18. Filipino Fund Inc.(PSE: FFI): PhP8.26, 4.56%
19. Cebu Property Venture & Development “B” (PSE: CPVB): PhP5.00, 4.17%
20. Vulcan Industrial & Mining (PSE: VUL): PhP1.56, 4%

Top decliners:

1. Central Azucarera De Tarlac (PSE: CAT): PhP46.10, -17.83%
2. Central Azucarera De Tarlac (PSE: CAT): PhP2.00, -13.04%
3. Century Peak Metals Holdings Corp. (PSE: CPM): PhP0.99, -10.8%
4. iRipple Inc. (PSE: RPL): PhP18.00, -9.55%
5. Oriental Petroleum and Minerals Corp. “B” (PSE: OPMB): PhP0.019, -9.52%
6. Yehey! Corp. (PSE: YEHEY): PhP1.37, -6.16%
7. First Abacus Financial Holdings Corp. (PSE: FAF): PhP0.79, -5.95%
8. 2GO Group Inc. (PSE: 2GO): PhP2.54, -5.93%
9. Zeus Holdings Inc. (PSE: ZHI): PhP0.395, -4.82%
10. Solid Group Inc. (PSE: SGI): PhP1.48, -3.90%
11. San Miguel Corp. (PSE: SMC): PhP82.00, -3.76%
12. Medco Holdings Inc. (PSE: MED): PhP0.28, -3.45%
13. Millennium Global Holdings Inc. (PSE: MG): PhP0.46, -3.16%
14. Crown Equities Inc. (PSE: CEI): PhP0.095, -3.06%
15. Sinophil Corp. (PSE: SINO): PhP0.33, -2.94%
16. Philippine Bank of Communications (PSE: PBC): PhP61.20, -2.86%
17. Swift Foods Inc. (PSE: SFI): PhP0.141, -2.76%
18. Southeast Asia Cement Holdings Inc. (PSE: CMT): PhP1.15, -2.54%
19. Vista Land & Lifescapes Inc. (PSE: VLL): PhP6.19, -2.52%
20. Araneta Properties Inc. (PSE: ARA): PhP1.95, -2.5%