Thursday, October 27, 2016
business / Editors' Picks
  • share this

Philippine market up by 12.74 points

/ 01:39 AM December 19, 2012

Local stocks firmed up on Tuesday as regional markets hoped for a resolution of the US fiscal cliff before the yearend deadline.

The main-share Philippine Stock Exchange gained by 12.74 points, or 0.23 percent, to 5,636.59 as investors sifted through stocks that fell in the last few days.

The industrial, holding firms, services and mining/oil counters supported the day’s upswing while the cyclical financial and property counters continued to be in the red.


Value turnover amounted to P11.55 billion. Despite the overall index gain, the 61 advancers were outnumbered by the 115 decliners while 39 stocks were unchanged.

The index was led higher by JFC (+3.37 percent), URC (+2.08 percent), SMC (+1.78 percent), SMIC (+1.59 percent), PLDT (+1.27 percent), ALI (+1.21 percent) and AC (+1.01 percent).—Doris C. Dumlao

TAGS: Markets and Exchanges, Philippines, Stock Activity, stocks
For feedback, complaints, or inquiries, contact us.

© Copyright 1997-2016 | All Rights Reserved