PH Stocks Back in the Green

ScreenShot007Manila—(PHStocks)—Philippine stocks resumed their growth Tuesday, 5 March, as investors hunted for bargains after two sessions of profit-taking. The benchmark Philippine Stock Exchange index (PSEi) regained its footing at the 6,700 level, closing today’s trading at 6,711.72, up by 1.12% or 74.16pts.

All counters have recovered, led by the Holding Firms sector, which gained 1.45%, followed by the Services index, which edged up by 1.23%. The Property sector, meanwhile, grew by 1.09%, buoyed by gains in SM Development Corporation (PSE: SMDC), Araneta Properties Inc. (PSE: ARA), and Sta. Lucia Land Inc. (PSE: SLI).

Trading was heavy today, with value turnover reaching PhP12.67 billion on 1.98 billion shares traded. There were 84 gainers against 70 decliners, while 56 stocks remained flat.

Below are the day’s biggest gainers:

The biggest losers today are as follows:

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.