Philippine stocks ended lower on Monday during a relatively quiet session as investors awaited the results of the upcoming Bangko Sentral ng Pilipinas policy meeting on Thursday. | miguelrcamusINQ /PDI
A total of 483.7 million shares valued at P4.22 billion changed hands while foreigners were net sellers of nearly P500 million. Holding companies underperformed as the subsector led losers with a 1.32-percent drop, followed by property, which slipped 1.09 percent. Mining and oil, the sole gainer, was up 0.95 percent.Ayala Corp. was the top traded stock as it closed flat at P615 per share.
It was followed by SM Prime Holdings Inc., down 1.47 percent to P33.50; BDO Unibank Inc., flat at P140; Bank of the Philippine Islands, down 0.65 percent to P106.30; and Ayala Land Inc., down 0.20 percent to P24.40 per share. Robinsons Land Corp. was down 1.38 percent to P14.30; ACEN Corp., down 5.09 percent to P5.03; Metropolitan Bank & Trust Co., down 1.12 percent to P53.10; PLDT Inc., up 2.06 percent to P1,286; and Emperador Inc., up 0.46 percent to P21.65 per share.Subscribe to our daily newsletter
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