PSEi Climbs to 7,300

Manila—(PHStocks)—Philippine stocks surge Monday, 24 November, tracking performance in other Asian markets as investors cheer the prospect of further policy stimulus in Europe, and the Chinese central bank’s interest rate cut.

The Philippine Stock Exchange (PSE) index went up by 0.67% or 48.95 points to close today’s trading at 7,325.13. All counters finished in the green, led by the 1.56% growth of the Mining and Oil index, followed by the Industrials, which gained 1.22%.

Volume trading reached 6.34 billion, valued at PhP9.49 billion. There were 100 gainers against 83 losers, while 44 stocks were flat.

Top most active:

  1. Southeast Asia Cement Holdings Inc. (PSE: CMT): PhP2.38, -0.83%
  2. Universal Robina Corp. (PSE: URC): PhP193.10, 2.17%
  3. Philippine Long Distance Telephone Co. (PSE: TEL): PhP2,994.00, 0.4%
  4. Ayala Corp. (PSE: AC): PhP688.50, 1.03%
  5. BDO Unibank Inc. (PSE: BDO): PhP109.30, 1.2%

Top gainers:

  1. Primex Corp. (PSE: PRMX): PhP3.95, 32.11%
  2. Megaworld Corp. WARRANTS1 (PSE: MEGW1): PhP3.50, 24.56%
  3. Splash Corp. (PSE: SPH): PhP2.70, 23.29%
  4. Philippine Realty & Holdings Corp. (PSE: RLT): PhP0.58, 13.73%
  5. Imperial Resources Inc. “A” (PSE: IMP): 5.20, 13.04%
  6. MJC Investments Corp. (PSE: MJIC): PhP3.80, 11.76%
  7. MacroAsia Corp. (PSE: MAC): PhP2.45, 6.52%
  8. Apex Mining Co. Inc. (PSE: APX): PhP3.15, 5.00%
  9. Jollibee Foods Corp.  (PSE: JFC): PhP208.60, 4.51%
  10. Dizon Copper Silver Mines Inc. (PSE: DIZ): PhP7.00, 4.48%

Top losers:

  1. 2GO Group Inc. (PSE: 2GO): PhP3.99, -27.45%
  2. Lorenzo Shipping Corp. (PSE: LSC): PhP1.90, -8.65%
  3. Leisure and Resorts World Corp. Warrants (PSE: LRW): PhP6.34, -7.85%
  4. Wellex Industries Inc. (PSE: WIN): PhP0.255, -7.27%
  5. Manila Mining Corp. “A” (PSE: MA): PhP0.014, -6.67%
  6. Unioil Resources & Holdings Co. Inc. (PSE: UNI): PhP0.42, -6.67%
  7. Abra Mining & Industrial Corp. (PSE: AR): PhP0.0081, -5.81%
  8. PetroEnergy Resources Corp. (PSE: PERC): PhP6.30, -5.41%
  9. Island Information and Technology Inc. (PSE: IS): PhP0.7, -5.41%
  10. ATN Holdings Inc. “A” (PSE: ATN): PhP2.60-5.11%

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