PH Stocks Dive

PHStocks 27/02/201228/02/2012 0 Comments ARA, Araneta Properties, ATN, ATN Holdings, CLOUD, IP Converge, Manila Bulletin, MB, PHES, Philippine Estates, Philippine Stock Exchange, Philippine Tobacco, PSE, PSE Index, PSEi, RCI, Roxas & Company, SOC, South China Resources, TFC, United Paragon, UPM, Wellex, WIN

Manila–(PHStocks)–Local shares extended their losses at the close of trading day Monday, 27 February, with the bellwether Philippine Stock Exchange index (PSEi) declining by 1.91% from 24 February to 4,799.29 points. This is 2.9% lower compared with the historic 4,943.84 points on Monday last week.

All counters are back in red. The Holding Firms segment shed 3.1%, followed by the Industrials, which lost 2.24%. The Financials sector, meanwhile, retreated by 1.83%.

Trading volume reached 6.27 billion, valued at PhP7.16 billion. There were only 47 gainers against 118 losers, while 32 stocks remain unchanged.

Below are the top gainers for the day:

1. Philippine Estates Corp. (PSE: PHES): PhP0.435, +20.83%

2. Araneta Properties Inc. (PSE: ARA): PhP0.61, +17.31%

3. Philippine Tobacco Flue-Curing and Redrying Corp. (PSE: TFC): PhP16.98, +13.20%

4. Wellex Industries Inc. (PSE: WIN): PhP0.345, +13.11%

5. South China Resources Inc. (PSE: SOC): PhP1.39, +6.11%

6. ATN Holdings Inc. A (PSE: ATN): PhP2.62, +4.8%

7. IP Converge Data Center Inc. (PSE: CLOUD): PhP2.65, +4.74%

8. Manila Bulletin Publishing Corp. (PSE: MB): PhP0.68, +4.62%

9. Roxas & Company Inc. (PSE: RCI): PhP2.10, +4.48%

10. United Paragon Mining Corp. (PSE: UPM): PhP0.024, +4.35