PSE Index Back In Green Zone

The Philippine Stock Exchange (PSE) index today recovered, although it did not fully regain its losses from Monday, closing just slightly higher at 6,827.92 points, up by 20.10 points or 0.30 percent.

The Philippine Stock Exchange (PSE) Index, February 13, 2024

All sub-indices saw gains, with Financials posting a gain of 0.21 percent, Industrial by 0.53 percent, Holding Firms by 0.49 percent, Services by 0.02 percent, Mining and Oil by 0.49 percent, and Property by 0.30 percent.

ICTSI and Bank of PI were the top two most active, but both were down, with the former declining by P2 to P272 and the latter by P1.10 to P113.50.

Converge was the third most active with P305 million as it rose to a recent high of P10.12, up by 42 centavos.

The gainers include Globe Telecom, PLDT, Megawide, Semirara Mining, Manila Water, BDO Unibank, GT Capital, Security Bank, PNB, Alternergy, First Gen, Ayala Corp, SPNEC, SM Investments, Bloomberry, Nickel Asia, San Miguel, Jollibee Foods, Universal Robina, and Philex Mining.

Among the losers were Meralco, Metrobank, Union Bank, ACEN Corp, Basic Energy, SMC Food, ABS-CBN, GMA 7, DITO CME, Apex Mining, Atlas Mining, Digiplus, and Atlas. SM Prime, Axelum, and Aboitiz Equity were unchanged.

Value turnover amounted to P4.94 billion with 108 gainers, 79 losers, and 55 shares unchanged. Foreign buying amounted to P2.356 billion while foreign selling was P2.275 billion for net buys of P81 million.

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