Latest Stories

Stocks still rising; PSEi at 6,565.23

The local stock market surged to a new record high Monday on good news from the recent G-20 meeting and a string of favorable local corporate developments.

The main-share Philippine Stock Exchange index added 43.59 points or 0.67 percent to close at its highest ever finish of 6,565.23. A new intra-day peak was also hit at 6,582.51.

The cyclical financial and property counters led the day’s upswing, both rising by more than 1 percent. Only the mining/oil counter was in the red, although Semirara had started to recover from last week’s selldown after a landslide at its Antique mine killed at least five people.

Value turnover amounted to P8.86 billion. There were 97 advancers that edged out 86 decliners while 41 stocks were unchanged.

The day’s biggest index gainers were SM Development (+11.18 percent), Petron (+3.37 percent), SM Prime (+3.17 percent), Semirara (+3.11 percent), Megaworld (+2.72 percent), Manila Water (+2.46 percent), Metrobank (+2.22 percent), BDO (+2.03 percent), Jollibee (+1.71 percent) and SMIC (+1.01 percent). Doris C. Dumlao

Follow Us

Follow us on Facebook Follow on Twitter Follow on Twitter

Recent Stories:

Complete stories on our Digital Edition newsstand for tablets, netbooks and mobile phones; 14-issue free trial. About to step out? Get breaking alerts on your mobile.phone. Text ON INQ BREAKING to 4467, for Globe, Smart and Sun subscribers in the Philippines.

Tags: Business , stocks

  • Count du Fount de Cakes


  • Count du Fount de Cakes

    Fair Values of my favorite stocks are up!! Time to buy again!!!

  • indiosbravos2002


  • Weder-Weder Lang

    Malapit na! Malapit na mag 6600!

    Ibabandera ito muli ni Doris Dumlao, tila nakakabuti ang pagpasok na labis na hot money sa Pinas.

    Ibabandera rin ito ni Pnoy tila ang labis na hot money ay magpapalago sa ating ekonomiya.

    Mabuhay ang hot money!

    • http://twitter.com/hp2184 RJ Legaspi

      Stock price index is one of the economic indicators. I’d rather be optimistic about this news and contribute. There’s a thin border line between being critical and cynical. Cynics always end up on the loosing side. 

      • Weder-Weder Lang

        Galing RJ. Critical or cynical, nice play on semantics. Pero ang babaw. No economic sense.

      • http://twitter.com/hp2184 RJ Legaspi

        Indeed! Senseless for people who doesn’t understand. Senseless for people who always complain and do not do their share. I’m sure you have more “capabilities” other than complaining. 

      • Weder-Weder Lang

        Lol! Wala kang alam sa ekonomiya, mali pa grammar mo. Hindi complaint yun ah, i’m just correcting you.

      • http://twitter.com/hp2184 RJ Legaspi

        I’m not an economist but I do make sure that money works for me and not the other way around. When you learn the rules in “capitalization” you have every right to correct me. Thanks though for correcting, I gladly accept it. 

      • Weder-Weder Lang

        Thanks for sharing your philosophy on money. Good luck with your investment.

      • http://twitter.com/hp2184 RJ Legaspi

        Thanks and don’t worry I do not invest “all” in stock market. If stock investment fails today I’m sure it would recover and would be more valuable by the time I need it. 

  • http://www.facebook.com/profile.php?id=1661811082 John Farley Bañez

    bakit po buh nka dag2 nang pag taas ang G20 meeting?

    • http://pulse.yahoo.com/_V6JTYBZXUSXIDCD67ACZK7NUKM Joseph

      International stability gives confidence to investors that they won’t need their cash soon so they can put it in the stock market. :)

Copyright © 2014, .
To subscribe to the Philippine Daily Inquirer newspaper in the Philippines, call +63 2 896-6000 for Metro Manila and Metro Cebu or email your subscription request here.
Factual errors? Contact the Philippine Daily Inquirer's day desk. Believe this article violates journalistic ethics? Contact the Inquirer's Reader's Advocate. Or write The Readers' Advocate:
c/o Philippine Daily Inquirer Chino Roces Avenue corner Yague and Mascardo Streets, Makati City, Metro Manila, Philippines Or fax nos. +63 2 8974793 to 94


  • Malaysia, Flight 370 relatives talk financial help
  • Celebrating Easter and creativity in New York
  • Man wins half marathon, dies in Argentina
  • Clouds to bring slight relief from summer heat
  • Canadians rally to legalize marijuana
  • Sports

  • Reigning champs Miami open playoffs with win
  • Spurs subdue Mavericks in playoff opener
  • Wawrinka beats Federer to win Monte Carlo Masters
  • Ageless Hopkins pitches 50-50 Mayweather deal
  • Goodbye MGM, Las Vegas for Pacquiao?
  • Lifestyle

  • Miss America: Don’t suspend teen over prom invite
  • Transitions and resurrection in the performing arts
  • ‘Archaeology tour’ of Cebu’s heritage of faith
  • Historic Fort Bonifacio tunnel converted into a septic tank
  • ‘Imports’ from London, and play of the year
  • Entertainment

  • ‘Captain America’ stays strong atop US box office
  • Easter musings
  • Solenn in shorts
  • Unmerry mix of attention-calling moves on ‘Mini-Me’ TV tilts
  • Persistence pays off for The 1975
  • Business

  • BDO seen keen on bidding for Cocobank
  • Bataan freeport investment pledges up 1,302%
  • Golden Week
  • Bourse to woo Cebu stock mart investors
  • Supper power
  • Technology

  • Nintendo’s trailblazing Game Boy marks 25th anniversary
  • Nasa’s moon-orbiting robot crashes down
  • Netizens pay respects to Gabriel Garcia Marquez
  • Nokia recalls 30,000 chargers for Lumia 2520 tablet
  • Facebook rolls out ‘nearby friends’ feature
  • Opinion

  • Gigi’s home
  • Palace stonewalls on MRT inquiry
  • Couple of things too
  • There is plenty of water behind Wawa Dam
  • Triduum thoughts of a young boy
  • Global Nation

  • Obama on mission to quiet Asia skeptics
  • Search for Etihad passengers launched
  • Japan presents $57-B ‘dream plan’ to solve Metro congestion
  • Tim Tebow’s charity hospital in Davao seen to open in 7 months
  • OFW died of Mers-CoV in Saudi Arabia, says family
  • Marketplace