Philippine stocks recorded a new milestone today, with the Philippine Stock Exchange index (PSEi) closing above the 8,500 level for the first time in history.
After a two-day holiday on October 31 and November 1 which saw the market closed, the PSE resumed trading today, Thursday, November 2. At the market close, the PSEi breached the 8,500 barrier and closed at a new all-time high level of 8,516.02 points.
The PSEi jumped 150.76 points, an increase of +1.80% from its level in the last trading day.
Except for the Mining and Oil sector which collectively declined by -0.17%, all stock sectors ended on the positive. The Financials sector led the market with a +3.17% gain, followed by Holding Firms sector (up +1.91%) and Property sector (up +1.76%).
The ten (10) stocks that had the biggest price increases today are as follows.
Top 10 Biggest Stock Gainers
- Harbor Star Shipping Services (TUGS)
- PhilWeb Corp. (WEB)
- ItalPinas Development Corp. (IDC)
- Euro-Med Laboratories (EURO)
- Global Ferronickel Holdings Inc (FNI)
- Oriental Petroleum and Minerals Corp. (OPMB)
- Megaworld Corp. (MEG)
- Ginebra San Miguel Inc. (GSMI)
- Ayala Corp. (AC)
- I-Remit Inc. (I)
Meanwhile, the following ten (10) stocks suffered the biggest price declines today.
Top 10 Biggest Stock Losers
- Prime Media Holdings Inc. (PRIM)
- Lepanto Consolidated Mining Co. (LCB)
- Paxys Inc. (PAX)
- Basic Energy Corp. (BSC)
- Anglo Philippine Holdings Corp. (APO)
- Republic Glass Holdings Corp. (REG)
- Geograce Resources Philippines Inc. (GEO)
- Pacifica Inc. (PA)
- Premium Leisure Corp. (PLC)
- Suntrust Home Developers Inc. (SUN)
Today’s most actively traded stocks are as follows.
Top 10 Most Actively Traded Stocks
- Ayala Corp. (AC)
- Ayala Land Inc. (ALI)
- Banco de Oro (BDO)
- Bank of the Philippine Islands (BPI)
- Megaworld Corp. (MEG)
- GT Capital Holdings Inc. (GTCAP)
- Globe Telecom (GLO)
- SM Prime Holdings (SMPH)
- Bloomberry Resorts Corp. (BLOOM)
- SM Investments Corp. (SM)
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