The Philippine Stock Exchange index (PSEi) ended this week’s trading with 0.01 percent gain while All Shares dropped 0.04 percent. Here are this week’s top gaining Philippine stocks.
Global-Estate Resorts Inc (PSE:GERI), positioned to be the country’s powerhouse in master-planned fully integrated tourism development, is this week’s top gainer at 26.40 percent. The company’s stock last traded at 1.58 a share.
MacroAsia Corporation (PSE:MAC), is one of the leading providers of aviation-related support services in the Philippines, is this week’s second biggest gainer after adding 19.72 percent to its share price. Its stock traded at 8.50 a piece on Friday.
Century Properties Group Inc (PSE:CPG)’s stock last traded at 0.65 a share, gaining 18.18 percent this week. Its four-week gain now stands at 12.05 percent. It did not issue any market moving disclosure this week.
Waterfront Philippines Inc (PSE:WPI) ranked fourth with a 14.81 percent gain this week. Its four-week price change now stands at 12.05 percent. On Friday’s close, WPI traded at 0.93 a share.
SSI Group Inc (PSE:SSI) gained 14.11 percent this week and 48.42 percent in four weeks. It did not make any disclosure this week but its stock continued to rally, last trading at 4.69 apiece.
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Asiabest Group International Inc (PSE:ABG) gained 12.91 percent this month after closing at 32.80 a share Friday. Its comparative change for four weeks now stands at 6.49 percent.
IRC Properties Inc (PSE:IRC) gained 12.75 percent this week despite the absence of a market-moving disclosure. On Friday, the stock closed at 1.15 a share, sending its four-week comparative price change at 13.86 percent.
East West Banking Corporation (PSE:EW) gained 12.68 percent this week, ending Friday’s trading at 32.00 a share. It now has a four-week gain of 17.22 percent.
MJC Investments Corporation (PSE:MJIC) gained 12.50 percent this week while Metro Retail Stores Group Inc (PSE:MRSGI) gained 12.42 percent this week to make to the top 10 weekly Philippine stocks gainers. – BusinessNewsAsia.com