Diversified conglomerate San Miguel Corp., the country's biggest business group, is going full blast in its expansion into the extractive industry
MANILA, Philippines - Stocks extended gains on Tuesday, February 5, hitting their 15th all-time high in 2013.
The Philippine Stock Exchange index (PSEi) ended at 6,470.49, up 34.51 points or 0.54% from Monday's close of 6,435.98.
This was the 76th time the index touched a new high under the Aquino administration.
The broader all-share index also closed higher at 4,053.34, up 12.42 points or 0.31% from Monday's 4,040.92.
All sectors were in positive territory, except for the property index, which fell 0.51%.
The services sector posted the biggest advance of 1.03%.
There were 87 advancers and 84 decliners, while 48 stocks did not move.
Around 4.1 billion shares changed hands at the exchange. These transactions were valued at P9.6 billion. - Rappler.com
Diversified conglomerate San Miguel Corp., the country's biggest business group, is going full blast in its expansion into the extractive industry
Two of the country's biggest business groups have added a new battleground for their -- and their Asian tycoon principals' -- intersecting interests