PH Stocks Edge Closer to 3,900 Mark

Local shares put on a slow, yet positive start for the week amid continuing uncertainty in the global oil supply chain. The bellwether Philippine Stock Exchange index (PSEi) closed at 3,886.48 points, marginally up by 0.097%, and slowly but surely edging closer to the 3,900 mark. The wider all-shares index, however, dropped but just only 0.11% or 3.33 points.

On sectoral indices, the Financials segment gained 0.66%, while the Property index moved up 0.15%. The Mining & Oil index faltered, shedding 1.19%, while the Industrials counter slid declined by 0.22%.

Trading volume reached 1.4 billion, worth PhP3.516 billion, on 10,690 trades. Losers outnumber gainers 65 to 51, while 49 stocks remained flat.

Leading gainers for the day are as follows:

1. Mabuhay Vinyl Corp. (PSE: MVC): PhP1.00, +40.85%
2. Apex Mining Co. Inc. (PSE: APX): PhP3.65, +10.61%
3. Aboitiz Transport System Corp. (PSE: ATS): PhP1.95, +10.17%
4. Roxas Holdings Inc. (PSE: ROX): PhP2.75, +10%
5. Filipino Fund Inc. (PSE: FFI): PhP7.40, +8.82%
6. Keppel Philippines Marine Inc. (PSE: KPM): PhP2.20, +7.32%
7. Southeast Asia Cement Holdings Inc. (PSE: CMT): PhP1.39, +6.11% 
8. Asian Terminals Inc. (PSE: ATI): PhP7.50, +5.34%
9. AgriNurture Inc. (PSE: ANI): PhP9.58, +5.04%
10. Anchor Land Holdings Inc. (PSE: ALHI): PhP12.00, +4.35%