News of the week:
- JGS increases stake in MER to 29.56%
- AirAsia Philippine unit hopes to conduct IPO this year, according to Tony Fernandez
- DD signs deal to develop 5-star serviced apartment at Bay Area with Ascott; “Ascott-DD Meridian Park” to have 300 units
- CLI starts construction of Cebu IT Park condominium
- Aranetas’ Philippine Pizza Inc.- PH Pizza Hut,Taco Bell,Dairy Queen licensee-eyes future IPO
- LT Group eyes expansion of non-alcoholic beverage business in SE Asia
- Gov’t wants ‘formal verification’ of BPI, BDO issues
- BSP maintains interest rates in Tetangco’s final Monetary Board meeting
- Asian stocks climb as oil crawls up from 10-month low
This week’s Stock highlights:
| New Highs | New Lows |
| WLCON | HLCM |
| STI | DNA |
| EAGLE | |
| BRN | |
| IMI | |
| CLI | |
| AUB | |
| MAC | |
| EW |
