Quantcast

PSEi slips below 6,600

By |

Source: PSE website

MANILA, Philippines–Local stocks dipped on Tuesday, dragging back the main index below 6,600, as investors consolidated gains after a three-day run-up.
The main-share Philippine Stock Exchange index slipped by 36.4 points or 0.55 percent to close at 6,583.55 amid regional trading across the region.
The biggest decliners were the industrial and holding firm counters, which both fell by over 1 percent. On the other hand, the services and property counters managed to post marginal gains.
Trading for the day was thin at P6.5 billion. There were 56 advancers which were eclipsed by 90 decliners while 41 stocks were unchanged.
The day’s biggest decliner was SMC (-6.84 percent), followed by Meralco (-4.08 percent).   AGI, FGEN and SMIC were all down by over 2 percent while AEV and AP fell by over 1 percent. Metrobank, URC and SM Prime also contributed to the day’s decline.
On the other hand, the day’s decline was tempered by the gains eked out by PLDT, Megaworld, Bloomberry, ICTSI, Belle and Jollibee.  BPI, Petron and JGS also firmed up.


Follow Us







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.

  • nakatutok

    may lusot yan..sasabihin ni Valtek at Laciengda,”market forces in the global economy “……pero pag maganda ang stock market……..”ACHIEVEMENT” na ni PNoy……..

  • mekeni62

    ummmm…ito rin not good for the SONA.

  • boboposter

    Atat kasi yung mga abnoyds mag party sa stock market nilang kabayo HAHAHAHA!

    Babalik pa yan ng 6100-6200… itaga nyo sa bato. At pag nag default yung San Miguel, pupulutin na kayo sa kangkungan HAHAHAHAHHA!

    • engkantosakanto

      Bobong poster.

      • nakatutok

        are you describing yourself??

    • Penoy

      Tara na sa kangkungan…. Hihihihihihi….

      • nakatutok

        mauna kayo ni tatang tubero….mahilig sa kangkong yun e..



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
Advertisement
Advertisement
Marketplace