If you’re invested in the Philippine Stock Market, you might want to see who made it to the top on this week’s edition of Weekly Top Losers and Gainers list.
If you’ve been watching the stocks this week, I’m quite sure you’re pumped to see the blues finally trends. WLCON, this year’s first IPO did not perform well this week, unfortunately. Among the pretty exciting stocks were ATN, MRC, CHP, 2GO and lots more.
Some notable news this week:
2GO – SM pays $124.5M for 30% of 2GO
CHP – finally, after several weeks of selling, we’re now seeing greens after investors dumped this stock from as high as 12 up to as low as 6.70. Will this continue next week?
JGS – 52% decline in net income is due to recording of P16.7 billion impairment losses from PLDT.