PH Stocks Start Week on Strong Note; PSEi Hits 6,093.9

Manila—(PHStocks)—Philippine stocks ended the first trading day of the week by inching ever so closer to the 6,100-point mark; with the Philippine Stock Exchange index (PSEi) closing at 6,093.9 – up 0.7% from Friday. During the course of trading today, the PSEi actually breached 6,100 points – hitting as high as 6,114.44pts at midday, and easing down to end at the above level.

The wider all-shares index is also on the green, closing at 3,837.14 – up by 0.53%. All counters also ended the day higher than the previous trading day, with the Financials index leading the charge with a 1.53% gain. The Property segment followed, gaining 1.48%, while the Mining and Oil sector went up by 0.77%.

About 3.83 billion shares, valued at PhP9.278 billion, changed hands today. There were 94 gainers against 71 losers and 44 flat stocks.

Below are the top gainers for the day:

• Zeus Holdings, Inc. (PSE: ZHI): PhP0.55, +48.65%
• Primex Corporation(PSE: PRMX): PhP3.49, +28.78%
• Republic Glass Holdings Corporation (PSE: REG): PhP2.71, +14.35%
• Prime Media Holdings Inc. (PSE: PRIM): PhP1.44, +10.77%
• Apex Mining Company Inc. “A” (PSE: APX): PhP4.91, +10.09%
• Ionics Inc. (PSE: ION): PhP0.70, +9.38%
• Keppel Philippine Holdings Inc. “A” (PSE: KPH): PhP5.16, +7.50%
• Cityland Development Corporation (PSE: CDC): PhP1.20, +6.19%
• Rockwell Land Corporation (PSE: ROCK): PhP2.96, +6.09%
• Premiere Horizon Alliance Corporation (PSE: PHA): PhP0.36, +5.88%

Below, meanwhile, opened the week on the losers end:

• F & J Prince Holdings Corporation “A” (PSE: FJP): PhP3, -9.09%
• ISM Communications Corporation (PSE: ISM): PhP2.2, -8.33%
• MRC Allied Inc. (PSE: MRC): PhP0.121, -6.20%
• iRipple Inc. (PSE: RPL): PhP8.44, -6.12%
• Century Peak Metals Holdings Corporation (PSE: CPM): PhP1.08, -6.09%
• Filipino Fund Inc. (PSE: FFI): PhP10.28, -6.03%
• Maybank ATR Kim Eng Financial Corporation (PSE: MAKE): PhP24.50, -5.77%
• Cebu Property Venture & Development “B” (PSE: CPVB): PhP4.81, -5.69%
• Manchester International Holdings Unlimited Corp. “A” (PSE: MIH): PhP14.60, -5.68%
• Manchester International Holdings Unlimited Corp. “B” (PSE: MIHB): PhP14.74, -5.51%