Growth Continues: PH Stocks Greet 2013 with New Record High

The averted “fiscal cliff” in the United States has further boosted the confidence in the Philippine stock market, with the mainboard Philippine Stock Exchange Index (PSEi) ending the first trading day of 2013 with a new record high of 5,860.99 points, up 0.83% from December 28.

All counters were up, led by the Holding Firms segment with a 1.33% gain. The Services sector went up by 1.27%, while the Mining and Oil industry went up by 1%.

A total of 2.24 billion shares were traded today, valued at PhP4.35 billion. There were 128 gainers against 46 losers, while 29 stocks remain flat.

Below are the biggest gainers for the day:

• Jolliville Holdings Corporation (PSE: JOH): PhP7, +22.81%
• Forum Pacific Inc. (PSE: FPI): PhP0.245, +22.50%
• Trans-Asia Oil And Energy Development Corp. (PSE: TA): PhP1.33, +14.66%
• Mabuhay Holdings Corporation (PSE: MHC): PhP0.395, +12.86%
• Philippine Bank of Communications (PSE: PBC): PhP79.80, +10.83%
• Island Information and Technology Inc. (PSE: IS): PhP0.053, +10.42%
• ABS-CBN Holdings Corporation – Phil. Deposit Receipts (PSE: ABSP): PhP37.50, +10.29%
• Mariwasa Siam Holdings Inc. (PSE: MMI): PhP6.40, +9.40%
• ABS-CBN Corporation (PSE: ABS): PhP37, +9.31%
• South China Resources, Inc. (PSE: SOC): PhP1.13, +8.65%
• Atok-Big Wedge Company Inc. “A” (PSE: AB): PhP21.50, +8.04%
• The Philodrill Corporation (PSE: OV): PhP0.042, +7.69%
• Acesite (Philippines) Hotel Corporation (PSE: ACE): PhP1.28, +6.67%
• Touch Solutions, Inc. (PSE: TSI): PhP8, +6.52%
• Oriental Peninsula Resources Group Inc.(PSE: ORE): PhP3.30, +6.45%
• United Paragon Mining Corporation (PSE: UPM): PhP0.018, +5.88%
• GT Capital Holdings Inc. (PSE: GTCAP): PhP654, +5.48%
• Oriental Petroleum and Minerals Corporation “A” (PSE: OPM): PhP0.02, +5.26%
• DFNN Inc. (PSE: DFNN): PhP4.75, +5.09%
• Oriental Petroleum and Minerals Corporation “B” (PSE: OPMB): PhP0.021, +5%

Meanwhile, here is the list of losers:

• Keppel Philippine Holdings Inc. “A” (PSE: KPH): PhP4.60, -17.86%
• Keppel Philippines Properties, Inc. (PSE: KEP): PhP2.25, -13.46%
• Benguet Corporation “B” (PSE: BCB): PhP18, -10.00%
• Filipino Fund Inc. (PSE: FFI): PhP10.26, -8.39%
• Vivant Corporation (PSE: VVT): PhP8.35, -7.33%
• Calapan Ventures Inc. (PSE: H2O): PhP4.10, -6.61%
• Premiere Horizon Alliance Corporation (PSE: PHA): PhP0.315, -4.55%
• Ginebra San Miguel Inc. (PSE: GSMI): PhP17, -4.49%
• Araneta Properties Inc. (PSE: ARA): PhP0.78, -3.70%
• ISM Communications Corporation (PSE: ISM): PhP2.50, -3.47%
• Cityland Development Corporation (PSE: CDC): PhP1.12, -3.45%
• Manila Mining Corporation “A” (PSE: MA): PhP0.058, -3.33%
• Philex Petroleum Corporation (PSE: PXP): PhP29.05, -3.01%
• COL Financial Group Inc. (PSE: COL): PhP19, -2.46%
• RFM Corporation (PSE: RFM): PhP4.88, -2.40%
• Filinvest Development Corporation (PSE: FDC): PhP4.83, -2.23%
• Puregold Price Club Inc. (PSE: PGOLD): PhP32.30, -2.12%
• Lafarge Republic Inc. (PSE: LRI): PhP11.48, -1.88%
• SM Prime Holdings Inc. (PSE: SMPH): PhP16.20, -1.82%
• Citystate Savings Bank Inc. (PSE: CSB): PhP27.50, -1.79%