Happy EASTER!

Hope you had a wonderful and blessing filled weekend! Today, PH stocks resumed trading on a very positive note. The PSEi closed at 4331.37 which is 56.6 pts (1.32%) higher than last close, a new high for this year. All sectors were up today with the services counter leading the way with a 2.27% increase while financials managing to go up by 1.82%.

Foreign were NET buyers today by 320M in value and they bought the following:
Financials:
BDO 19M, MBT 45M
Industrial:
MER 23M, URC 45M
Holding:
AGI 126M, DMC 68M, 24M
Property:
FLI 41M
Services:
TEL 114M, WEB 15M

They sold the following:
Industrial:
EDC 22M, FGEN 41M, FPH 17M, MWC 52M
Holding:
LPZ 27M
Services:
CEB 17M
Mining/Oil:
SCC 29M

Today's BIZNEWS:

• Cement demand up; HLCM eyes $500-M plant
• Q1 budget gap seen to be way below cap of P112B
• Phoenix to offer debt paper worth P5B in May
• SMC keen on NAIA3 privatization
• iRemit gets UK approval to set up remittance unit
• JG Summit nets P16.3b in 2010, up 91% on higher contribution from food, airline and telecom units
• Belle profits fall in Q1 as revenues decline
• Five foreign carriers get CAB nod for higher fuel surcharge
• SM builder Megawide expects record earnings
• Inflation seen within BSP 3-5% target this year

*BizNews c/o D.Dumlao of PDI, PDI, Bworldonline, Philstar

MyDailyPerf: 0.74%

Sold all AP @ 31.4 +8.28%
Sold a little DMC, Bought a few LC

DMC: 22.95%
EDC: 7.36%
MBT: 11.7%
PX: 6.6%
LC: 7.46%

YTD: -5.4%
2011 Low: -17.2%
My2010Perf: 49.09%