Home Tags OUTLIER
INVESTORS continued to take positions on PLDT, Inc. stock last week following the release of the company’s annual earnings results early this month.
BETTER-THAN-EXPECTED earnings and renewed investor interest made the Metro Pacific Investments Corp. (MPIC) stock one of the most actively traded last week.
MEGAWIDE CONSTRUCTION Corp. was one of the most actively traded stocks in the Philippine Stock Exchange last week on account of the attractiveness of the company’s future growth prospects according to analysts.
INTERNATIONAL CONTAINER Terminal Services, Inc. (ICTSI) was one of the most actively traded stocks in the Philippine Stock Exchange (PSE) last week with analysts pointing to ICTSI Chairman Enrique K. Razon, Jr.’s interest in taking over a bankrupt Subic-based shipbuilder, the company’s expansion plans abroad, and the rebalancing of a global equity index that increased the stock’s weight as driving factors.
BLOOMBERRY RESORTS Corp. was the second most actively traded stock last week following the announcement that it will be included in the 30-member Philippine Stock Exchange index (PSEi) starting today (Feb. 18).
INVESTORS SNAPPED up Ayala Land, Inc. (ALI) shares last week following the disclosure of the developer’s plans to consolidate its interest in Prime Orion Philippines, Inc. (POPI) through Laguna Technopark, Inc. (LTI).
PROSPECTS OF SM Prime Holdings, Inc.’s reclamation projects in Manila Bay were dimmed by the government’s planned rehabilitation efforts there, making it the most actively traded issue on the market last week.
FOREIGNERS loaded up on Jollibee Foods Corp. shares, making it one of the most actively traded stocks in the local bourse last week.
INVESTORS loaded up on Dennis A. Uy-led ISM Communications Corp. last week after the consortium formed by China Telecommunications Corp. and Mr. Uy’s companies Udenna Corp. and Chelsea Logistics Holding Corp. was named as provisional winner in the government’s search for the country’s third major telecommunications service provider.
NEWS of Security Bank Corp.’s (SECB) fund-raising via its five-year fixed rate note facility, coupled with the ongoing weakness from the banking industry in general, made it one of the most actively traded stocks last week.