PSEi 6,362.26 +164.42 / +2.65% Val. 8.06B The Philippine Stock Exchange Index rose 164.42 points, closing the day at 6,362.26. The Dow, S&P, and Nasdaq ended up closing +0.41%, +0.80%, and +1.23%, respectively. Market breadth was positive with winners outnumbering losers, 99 to 46; meanwhile, 40 stocks were left unchanged. a. In a disclosure to the PSE, SM Investments Corporation (P801.00 / +3.76%) reported that Henry Sy offered to reclaim a 300-hectare property of foreshore and onshore areas along Manila Bay in Pasay City for P54.5B. b. East West Banking Corporation (P26.65 /+2.11%) announced that the Securities and Exchange Commission approved the amendments to Article II of the Bank’s Articles of Incorporation changing the purpose of its business from commercial banking to universal banking.
Posted on: Wed, 02 Oct 2013 08:24:35 +0000
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