MANILA, Philippines – The Philippine Stock Exchange (PSEi) has rallied strongly today is it breaches the 7,300 mark again. The index closed at 7,313.87, up 66.75 points or 0.92 percent. The broader All Shares index is up 0.67 percent.
All sectors were up for the day with the exception of the Industrial sector. The best performing sector for the day is the Property sector, up by 1.22 percent. Within the Property sector, EVER rose by 4.46 percent to close at 0.164. MRC also closed at 0.172, up by 0.007 points or 4.24 percent. RLC was also up by 3.67 percent to close at 24. ALCO closed at 1.54, up by 0.05 points or 3.36 percent. SMPH closed at 29.50, up by 1.72 percent. BEL also closed at 3.71, up by 2.20 percent. MEG, the property heavyweight, closed at 3.76, up by 0.05 points or 1.35 percent. DD was also up by 0.09 percent to close at 54.05. ALI, at a closing price of 36, was up by 0.56 percent.
The worst performing sector is the Industrial sector, which was down by 0.16 percent. Within that sector, MWIDE dropped to 14.90, down by 0.44 points or 2.87 percent. PPC closed to 4.95, down by 1.79 percent. JFC fell below 200 as it closed at 198, down by 1.49 percent. MWC was also lower by 1.59 percent at 30.90. SHLPH closed at 77.50, down by 0.51 percent.
The most active stocks include ALI with P1.25 billion, MBT with P454.87 million, and PGOLD with P453.59 million.
The significant gainers include SPM by 42.42 percent, MAC by 7.23 percent, PA by 6.90 percent, and MRC by 4.24 percent.
The significant losers include IMP by 5.31 percent, BSC by 3.51 percent, APL by 3.17 percent, and PHES by 3.13 percent.
There were 107 advancers, 75 decliners, while 46 names remain unchanged.
The market turnover totaled P7.62 Billion. Foreigners bought P5.61 billion worth of Philippine equities and sold P4.85 billion resulting to a net foreign buying of P760.5 million
To interpret the chart below, please note that the farther the stock from the center of the circle, the bigger is the Net Foreign Buying. The closer the stock to the center of the circle, the bigger is the Net Foreign Selling. These 50 stocks in this chart are the 50 stocks with the biggest total turnover value.
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