PSEI opens 7748.22 up by 25.08 points or 0.32%. After recess Index is down 11.78 points or 0.15%
Factors: Metro Pacific Investments Corp. (MPI) gets $200M for expansion & debt payment, Foreign Direct Investments grow 4th straight month since November, Cebu Pacific (CEB) shares drop since September, Lucio Co (COSCO) to acquire Tower 6789 (Alphaland Tower).
Most Actives: MPI bounced back, Island Information and Technologies, Inc. (IS) rebounded 13.12%, Cebu Pacific (CEB) down 2.36%, Petron Corporation -5.06%
PSEI closed 7,686.26 down 33.88 points or 0.44%.
Forex: $1.00 = Php 44.30