The benchmark Philippine Stock Exchange index ended a three-day winning streak as investors pocketed profits ahead of the weekend. | miguelrcamusINQ /PDI
All PSE subsectors closed in the red, led by the industrial index’s 1.84-percent drop. It was followed by holding firms, down 1.38 percent; mining and oil, down 1.22 percent; services, down 1.2 percent; property, down 1.11 percent; and financials, down 0.63 percent.
SM Investments Corp., which slipped 1.64 percent to P900 per share, was the top traded company on Friday. It was followed by BDO Unibank Inc., down 2.63 percent to P111; PLDT Inc., down 2.74 percent to P1,385; ACEN Corp., down 7.76 percent to P7.49; and Converge ICT Solutions Inc., down 0.57 percent to P17.50 per share.
Jollibee Foods Corp. was down 2.42 percent to P242; Apollo Global Capital Inc., up 15.15 percent to P0.038; Ayala Land Inc., down 3.2 percent to P30.25; Metropolitan Bank & Trust Co., up 1.16 percent to P56.90; and Bloomberry Resorts Corp., up 0.45 percent to P8.90 per share. Overall, there were 124 losers against 69 advancers while 41 companies closed unchanged, stock exchange data showed.
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