Author Topic: Philippine Stock Shares Go Up  (Read 718 times)

pioneer

  • To God be the glory alone
  • FOUNDER
  • GURU
  • *****
  • Posts: 18911
  • stay at home
    • View Profile
    • spiritual preparation
Philippine Stock Shares Go Up
« on: December 03, 2007, 10:44:45 AM »
Philippine shares climbed Monday (26 Nov), led by Ayala Corp., tracking Wall Street's rebound at the end of last week.

The Philippine Stock Exchange Index gained 42.85 points, or 1.21 %, at 3,537.29. The index lost 2.9 % last week.

"The market is really oversold given last week's plunge. It was due for a technical bounce," said First Grade Holdings managing director Astro del Castillo.

Ayala Corp., the Philippines' largest conglomerate, led the rebound, surging 2.7 % to 570 pesos after falling 5 % last week.

Metropolitan Bank & Trust Co. soared 4.8 % at 54.50 pesos after declaring a cash dividend.

Mining stocks Lepanto Consolidated Mining Co. advanced 8.5 % at 0.51 peso, while GEOGRACE Resources Philippines Inc. rose 5.7 % to 1.86 pesos as metal futures prices continued to shine.

Gainers outnumbered decliners 80 to 23, while 50 stocks were unchanged. (AP)

source: http://www.mysinchew.com/node/3567

Linkback: https://tubagbohol.mikeligalig.com/index.php?topic=7018.0
Romans 10:9
"That if you shall confess with your mouth the Lord Jesus, and shall believe in your heart that God has raised him from the dead, you shall be saved."
👇👇👇
Na-try mo na ba yung Tala app? Reliable sa unexpected expenses at laking tulong sa future! Use this code 9SO1TSL or visit www.tala.com to sign up!

unionbank online loan application low interest, credit card, easy and fast approval

Tags: