Top gainers: Property firms surge on Monday stock trading
Real estate and property development firms took the spotlight on Monday stock trading.
Listed firms Philippine Estates Corporation, Philippine Realty and Holdings Corp. and Arthaland Corporation were the top stock price gainers on Monday, February 6, 2017.
Former cocoa producer Philippine Estates Corp. surged 41.5% on Monday, at 14 million in volume, while stock prices of PhilRealty, following its exit from PSE’s financial crisis rehabilitation list, went up 36.36%. The Po family-led botique developer continued its upward trend with a 21.7% increase, now at 1.40, its new 52-week high price.
Joining the property compaies, other top gainers on Monday include Roxas Holdings, Inc., Millennium Global Holdings, Inc., Discovery World Corporation, Waterfront Philippines Incorporated, APC Group, Inc., Wellex Industries, Incorporated, Harbor Star Shipping Services, Inc., LMG Chemicals Corporation, Zeus Holdings, Inc., Philippine H2O Ventures Corp. and United Paragon Mining Corporation.