PH Stocks Rally, Close Monday 1.27% Higher

PHStocks 14/02/201129/01/2012 0 Comments ABS, ABS-CBN, AC, Alcorn, APM, Ayala, BHI, Boulevard Holdings, Cyber Bay, CYBR, F&J Prince, FJP, Holding Firms, LC, LCB, Lepanto, Lepanto Consolidated Mining, LFM, Liberty Flour, mining, oil, PEP, PH, Philippine Stock Exchange, Premiere Entertainment Philippines, PSE, PSE Index, PSEi, shares, stocks, Waterfront, WPI

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%