Phillipine Stock Index Breach 6,200, Hit Record High

The PSEi gained 42.31 points or 0.68 percent to 6,234.73, surpassing the 6,192.42 record close on Tuesday January 29, 2013.

"The volumes we've seen in the past few days show that there is increased liquidity in the system that is finding its way into the stock market. This is supported further by expectations of benign inflation and low interest rates. Sentiment continues to be upbeat on the growth performance of the Philippine economy for the year which should support the index's journey to new territories," said PSE president and CEO Hans B. Sicat.

Top Gainers % Change
Alliance Global Group Inc +3.28%
First Gen Corp +3.25%
Megaworld Corp +3.12%
Metro Pacific Investment Corp                             +2.87%
JG Summit Holdings Inc +2.71%
Petron Corp +2.61%
Manila Water Co Inc +2.16%
SM Prime Holdings Inc +1.65%
Manila Electric Co +1.63%
Ayala Land Inc +1.43%
Top Losers % Change
Jollibee Foods Corp -1.09%
Metropolitan Bank &Trust -0.93%
Robinsons Land Corp -0.92%
International Container Terminal Service Inc.      -0.59%
Aboitiz Power Corp -0.39%
SM Investments Corp -0.26%
Semirara Mining Corp -0.24%
Aboitiz Equity Ventures Inc. -0.18%
SM Development Corp -0.17%
Globe Telecom Inc -0.09%

Data Sources: Yahoo Finance & Bloomberg Watchlist

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