PH Stocks Recover, Post Marginal Growth
Manila—(PHStocks)—The mainboard Philippine Stock Exchange index (PSEi) regained its losses yesterday but closed today’s trading nearly flat – gaining only 0.03% to reach 6,459.93 – up by just 1.92pts.
On a sectoral basis, only the Financials (+0.58%) and the Holding Firms (+0.16%) indices improved today. The Mining and Oil index wiped out its gains yesterday, ending today’s trading 0.63% lower. The Property segment continued its slide, losing 0.43%, while the Industrials segment slid by 0.34%.
Trading was thin today as the market continues to undergo correction. Around 3 billion shares changed hands, with value turnover of PhP4.97 billion.
Below are the top gainers for today:
- Lorenzo Shipping Corporation (PSE: LSC): PhP1.60, +14.29%
- Liberty Telecoms Holdings Inc. (PSE: LIB): PhP2.70, +12.50%
- iRipple Inc. (PSE: RPL): PhP9.8 5.95%
- Atok-Big Wedge Company Inc. “A” (PSE: AB): PhP23.30, +5.91%
- Alliance Global Group Inc. (PSE: AGI): PhP20.95, +4.75%
- Vivant Corporation (PSE: VVT): PhP9, +4.65%
- Waterfront Philippines Inc. (PSE: WPI): PhP0.465, +4.49%
- Manulife Financial Corporation (PSE: MFC): PhP560, +3.70%
- Unioil Resources & Holdings Company Inc. (PSE: UNI): PhP0.28, +3.70%
- Manchester International Holdings Unlimited Corp. “B” (PSE: MIHB): PhP13.48, +3.69%
Below are the top losers today:
- Philippine Realty & Holdings Corporation (PSE: RLT): PhP0.45, -11.76%
- Filipino Fund Inc. (PSE: FFI): PhP11.50, -11.54%
- Anchor Land Holdings Inc. (PSE: ALHI): PhP20, -9.09%
- Arthaland Corporation (PSE: ALCO): PhP0.211, -8.26%
- Acesite (Philippines) Hotel Corporation (PSE: ACE): PhP1.33, -6.99%
- Manila Bulletin Publishing Corporation (PSE: MB): PhP0.83, -6.74%
- Araneta Properties Inc. (PSE: ARA): PhP1.35, -6.25%
- Republic Glass Holdings Corporation (PSE: REG): PhP2.60, -5.45%
- MacroAsia Corporation (PSE: MAC): PhP2.65, -5.36%
- MRC Allied Inc. (PSE: MRC): PhP0.125, -5.30%