Friday, April 28, 2017
Close  
business /
  • share this

Philippine stocks rebound

/ 06:18 PM January 17, 2013

pse.com.ph photo

MANILA, Philippines—Local stocks regained ground on Thursday, as investors reassessed trading opportunities for 2013, paring down the losses incurred in the last two days of profit-taking.

The main-share Philippine Stock Exchange index added 24.66 points, or 0.41 percent, to close at 6,072.18.  Elsewhere in the region, trading was muted by global growth concerns.

Mining/oil and property led the day’s recovery, respectively rising by 1.88 percent and 1 percent. The services and holding firm counters also modestly increased.

ADVERTISEMENT

On the other hand, the financial and industrial counter declined.

Value turnover amounted to P7.32 billion. There were 86 advancers versus 77 decliners while 49 stocks were unchanged.

PLDT, ALI, SMIC, AGI, Megaworld, Philex and BDO contributed to the day’s gains.

On the other hand, the laggers were AC, SM Prime, SMDC, DMCI, Metrobank, AP, URC and EDC.

Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen to the news, download as early as 4am & share articles on social media. Call 896 6000.

TAGS: business and finance, economy, Markets and Exchanges, Philippine Stock Exchange, Philippines, Stock Activity, Stock Market, stocks
For feedback, complaints, or inquiries, contact us.




© Copyright 1997-2016 INQUIRER.net | All Rights Reserved