After the pullback of the mining sector last week, it rose back by 2.175% lead by PX, LC and NIKL. PX was up 2.74%, LC 6.15% and NIKL by 3.06%. The services sector however took a dip and went down by 1.12%.
Foreigns were net sellers today by 125M and they sold the following:
AP 47M, AC 23M, DMC 79M, MPI 23M, VLL 18M, LCB 19M, SCC 52M
But they bought the following:
EDC 15M, FGEN 18M, JGS 38M, SM 35M, ICT 32M, PX 24M
Today's BizNews:
SMC planning to buy more coal mines
VLL eyes projects for more provinces
BDO's net income rises 18% in Q1 NEW
Phoenix Petroleum eyes up to P5-billion notes to refinance debts, fund capex
DMCI unit pushes expansion of Calaca facility
*BizNews c/o PDI, Bworldonline, Philstar
Today's Portfolio Performance: 1.24%
Sold all DMC last week at 46. +20.43%
Added some LC today
My Portfolio:
EDC: 9.91%
MBT: 10.32%
LC: 10.14%
YTD: -5.9%
2011 Low: -17.2%
My2010Perf: 49.09%
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