PH Stocks Rally, Close Monday 1.27% Higher

All local shares ended the trading day Monday posting gains despite lower trading volume. The main board Philippine Stock Exchange index (PSEi) closed Valentine’s Day 1.27% or 47.58 points higher, reaching 3,796.73 points.

Among indices, the Mining & Oil sector led the group, posting a 1.47% increase, followed by the Holding Firms market, which posted a 1.35% growth.

Trading volume was only 904 million, valued at PhP3.74 billion. There were 81 advancing stocks against 40 losers, while 34 shares remain unchanged. Liberty Flour Mills Inc. (PSE: LFM) led Monday’s gainers with a 50% growth in its stock price to PhP75.00. F&J Prince Holdings Corp. “A” (PSE: FJP) followed with a 15.69% increase to PhP1.18, while Cyber Bay Corp. (PSE: CYBR) took the third spot with an 11.65% share stock price increase to PhP1.15.

The rest of the top gainers for the day include:

Premiere Entertainment Philippines Inc. (PSE: PEP): PhP0.29, +7.41% 

Boulevard Holdings Inc. (PSE: BHI): PhP0.075, +7.14% 

Lepanto Consolidated Mining Co. “B” (PSE: LCB): PhP0.47, +6.82% 

Alcorn Gold Resources Corp. (PSE: APM): PhP0.018, +5.88% 

Waterfront Philippines Inc. (PSE: WPI): PhP0.37, +5.71% 

ABS-CBN Corp. (PSE: ABS): PhP44.85, +5.28% 

Ayala Corp. (PSE: AC): PhP339.80, +4.75% 

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Your email address will not be published.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.