Quantcast
Latest Stories

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


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

  • 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

News

  • What Went Before: Malacañang allies alleged involvement in pork scam
  • Timeline: Napoles tell-all
  • 12 senators on Napoles ‘pork’ list, says Lacson
  • Napoles surgery in Makati hospital successful
  • Save the queen? Aide takes fall for Enrile, Gigi Reyes
  • Sports

  • Mixers trim Aces; Painters repulse Bolts
  • Donaire junks Garcia as coach, taps father
  • ’Bye Ginebra: No heavy heart this time
  • UAAP board tackles new rules
  • Baguio climb to decide Le Tour de Filipinas
  • Lifestyle

  • The best flavors of summer in one bite, and more
  • Homemade yogurt, bread blended with pizza, even ramen
  • Visiting chefs from Denmark get creative with ‘ube,’ ‘ buko,’ ‘calamansi,’ mangoes
  • Salted baked potatoes
  • A first in a mall: Authentic Greek yogurt–made fresh in front of diners
  • Entertainment

  • Return of ‘Ibong Adarna’
  • Practical Phytos plans his future
  • In love … with acting
  • From prison to the peak of success
  • ‘Asedillo’ location thrives
  • Business

  • Philippine Airlines to stop shipment of shark fins
  • PH banks not ready for Asean integration
  • Stocks down on profit-taking
  • Banks allowed to use ‘cloud’
  • SMIC to issue P15-B bonds
  • Technology

  • ‘Unlimited’ Internet promos not really limitless; lawmakers call for probe
  • Viber releases new design for iPhone, comes to Blackberry 10 for the first time
  • Engineers create a world of difference
  • Bam Aquino becomes Master Splinter’s son after Wiki hack
  • Mark Caguioa lambasts Ginebra teammates on Twitter
  • Opinion

  • Editorial cartoon, April 24, 2014
  • Talking to Janet
  • Respite
  • Bucket list
  • JPII in 1981: walking a tightrope
  • Global Nation

  • PH seeks ‘clearer assurance’ from US
  • China and rivals sign naval pact to ease maritime tensions
  • What Went Before: Manila bus hostage crisis
  • Obama arrives in Tokyo, first stop of 4-nation tour
  • Believe it or not: Filipinos love US more than Yanks
  • Marketplace