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

Get Inquirer updates while on the go, add us on these apps:

Inquirer Viber

Disclaimer: The comments uploaded on this site do not necessarily represent or reflect the views of management and owner of We reserve the right to exclude comments that we deem to be inconsistent with our editorial standards.

  • 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!

    • 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.

      • 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.

      • 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.

      • 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. 

  • John Farley Bañez

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

    • Joseph

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

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


editors' picks



latest videos