Saturday, April 9, 2011

Philippine Stock Exchange (PSE) Performance - Stocks Go Higher

The Philippine Stock Exchange index (PSE) inched higher Friday, finishing at 4,241.01 and advancing by 21.58 points or 0.51 percent from the previous day.

Value turnover reached P4.64 billion. Gainers outnumbered decliners at 66 to 51, while 57 stocks were unchanged.

Sub-indices industrial, holding firms, property and services counters were in green while financial and mining/oil counters signified weak trading.

The market rose for the third consecutive day, led by premium stocks of EDC, ICTSI, First Gen, URC, Ayala Land, Globe Telecom, Ayala Corp., SM Prime and DMCI, AGI, Aboitiz Power, Metro Pacific Investments, SM Investments.

Some of the losers were PLDT, Metrobank and Aboitiz Equity Ventures. (PNA)

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