PH Stocks Surge, Up 1.27%

Local shares continue their rally Friday, ending the week on a positive note despite the market ups and downs due to the continuing crisis in the Middle East. The bellwether Philippine Stock Exchange index (PSEi) gained 1.27% or 48.66 points to close at 3,882.7—a mere 17.3 points to reach the 3,900 mark.

The wider all-shares index likewise continued its growth, this time posting a 1.39% increase to 2,927.62 points. All counters were up, led by the Property index, which rallied to gain 2.3%. The Mining & Oil sector followed with a 1.5% growth, while the Industrial index came at third with a 1.38% increase to reach 6,853.8 points.

Trading volume totalled 2.19 billion, valued at PhP4.49 billion, on 14,175 trades. Gainers led losers 79 to 47, while 44 stocks remain unchanged.

Below are the top 10 gainers for the day:

  1. San Miguel Pure Foods Co. Inc. (PSE: PF): PhP1,610.00, +15%
  2. Prime Orion Philippines Inc. (PSE: POPI): PhP0.53, +8.16%
  3. SM Prime Holdings Inc. (PSE: SMPH): PhP11.24, +6.44%
  4. Lopez Holdings Corp. (PSE: LPZ): PhP5.75, +5.89%
  5. Jollibee Foods Corp. (PSE: JFC): PhP79.85, +5.76%
  6. A. Soriano Corp. (PSE: ANS): PhP3.15, +5.7%
  7. Prime Media Holdings Inc. (PSE: PRIM): PhP2.14, +4.39%
  8. Lepanto Consolidated Mining Co. “B” (PSE: LCB): PhP0.49, +4.26%

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