PH Stocks on a Slow Start

Local shares were off to a slow start this week, with the main board Philippine Stock Exchange index (PSEi) shedding 0.14% to close Monday at 3,918.7 points. The wider all-shares index likewise declined, losing 0.25% or 7.33 points to end trading day at 2,927.27 points. The Mining & Oil, Holding Firms and Industrials sectors, meanwhile, managed to post decent gains  at 0.7%, 0.37% and 0.36%, respectively.

Trading volume was an anemic 788 million, valued at PhP5.22 billion, on 11,683 trades. There were 53 gainers against 64 losers and 45 flat stocks.

Below are the top stock price gainers for the day:

  1. Asia Amalgamated Holdings Corp. (PSE: AAA): PhP0.72, +18.03% 
  2. Manila Bulletin Publishing Corp. (PSE: MB): PhP0.68, +13.33% 
  3. First Metro Investment Corp. (PSE: FMIC): PhP40.50, +7.71% 
  4. The Philodrill Corp. (PSE: OV): PhP0.015, +7.14% 
  5. Republic Cement Corp. (PSE: RCM): PhP6.15, +6.03%
  6. First Gen Corp. (PSE: FGEN): PhP11.92, +4.56% 
  7. Liberty Flour Mills Inc. (PSE: LFM): PhP73.00, +4.29%
  8. Holcim Philippines Inc. (PSE: HLCM): PhP11.80, +4.06% 
  9. PetroEnergy Resources Corp. (PSE: PERC): PhP6.78, +3.99% 

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