Business

PH Stocks End Slightly Lower

World economics. Finance concept.Manila—(PHStocks)— Philippine stocks extended their declines Tuesday, 15 April, as investors cash in on their gains after the market posted another record high last Friday, 12 April. The Philippine Stock Exchange (PSE) index further declined by 0.75% or 51.44 points to close today’s trading at 6,786.33.

All counters continue to be in the red, led by the Mining and Oil index, which dropped by 2.26%. The Property index shed 1.22%, while the Holding Firms sector slid by 0.93%.

Value turnover reached PhP8.95 billion on 2.286 billion shares traded. There were 42 gainers compared to 115 losers, while 46 shares remained flat. The top five most active stocks in terms of volume are SM Investments Corporation (SMIC, PSE: SM), Ayala Corp. (PSE: AC), Ayala Land Inc. (PSE: ALI), Philippine Long Distance Telephone Co. (PLDT, PSE: TEL) and BDO Unibank Inc. (PSE: BDO).

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The top gainers for the day are:

The top losers are:

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