PSEi 3,443.56 UP 1.80
VALUE PHP 3,594,090,450.00
What was a force close last Friday On TEL was moot today, as price returned back up to 2555. GLO and TEL continued to enjoy more than 95M NFB each, and both were higher to 1340 and 2555. The only other blue chip big gainer was MERB at 91.50.
Banks were mixed to slightly lower, with the foreigners turning slight net sellers.
GEO NFB was at 25M, with broker 185 JPMorgan buying most of that. GEO closed almost 10% higher at 2.32.
Bluechip losers were MEG 3.7 ALI 15 FPH 79 BPI 67.50 BDO 65.5 RCB 31.50 SM 430
The gains of only the 3 stocks GLO TEL MERB offset all those slight losses of the other stocks mentioned above.
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