Large property companies weighed down the benchmark Philippine Stock Exchange index on Friday as the first half of 2023 came to a close. | miguelrcamusINQ /PDI
The property subsector pulled back 2.34 percent, followed by financials and holding firms . Services rose 0.55 percent, followed by industrial and mining and oil, up 0.18 percent and 0.08 percent, respectively.
A total of 783.99 million shares valued at P4.73 billion changed hands on Friday while foreigners were net sellers of an amount worth P271.8 million, data from the stock exchange showed.Ayala Land Inc. was down 3.19 percent to P24.30; SM Investments Corp., up 0.98 percent to P925; BDO Unibank Inc., down 0.86 percent to P137.70; and JG Summit Holdings, down 4.41 percent to P44.45.
Bank of the Philippine Islands was down 1.09 percent to P108.80; Jollibee Foods Corp., up 0.25 percent to P239.20; Figaro Coffee Group Inc., down 4.05 percent to P0.71; Ayala Corp., down 2.34 percent to P625; and GT Capital Holdings Inc., up 1.18 percent to P515.Your subscription could not be saved. Please try again.
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