Philippine shares end slightly higher | Inquirer Business

Philippine shares end slightly higher

/ 10:26 PM February 13, 2012

MANILA, Philippines—Local share prices inched up Monday, bucking losses on Wall Street, on buying of select blue chips.

The main Philippine Stock Exchange index rose 0.39 percent, or 18.51 points, to close at 4,802.03 points, with the broader all-shares index rising a similar 0.4 percent to 3,255.23 points.

ADVERTISEMENT

Market heavyweight PLDT was the most heavily traded stock Monday. Other big gainers were Ayala Corp. (3.31 percent) and BDO Unibank (1.2 percent).

Most sub-indices closed higher at the end of trading, except for the industrials and property firms. Gainers, however, were led by the services sector due to PLDT’s gains.

FEATURED STORIES

Some 7.5 billion shares changed hands for P7.7 billion. Despite closing higher, decliners outnumbered gainers, 87 to 85, while 38 shares were unchanged.—Paolo G. Montecillo

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

Read Next
Don't miss out on the latest news and information.

Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen to the news, download as early as 4am & share articles on social media. Call 896 6000.

TAGS: Philippines, Stock Activity, stocks
For feedback, complaints, or inquiries, contact us.
Your subscription could not be saved. Please try again.
Your subscription has been successful.

Curated business news

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.



© Copyright 1997-2023 INQUIRER.net | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.