Value turnover for the day amounted to P7.32 billion. Foreigners were mostly sellers, resulting in a net foreign outflow of about P1 billion from the local bourse.
Despite the PSEi’s gain, market breadth was negative. There were 113 decliners that outnumbered 87 advancers, while 47 stocks were unchanged.Ayala Land, SM Investments and PLDT all rose by over 1 percent.Newly listed MerryMart continued to outperform at the local bourse, gaining 22.03 percent. It was the day’s most actively traded company.New telecom player Dito, the second most actively traded company, rose by 15.12 percent.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: