The PSEi slightly closed lower as investors took profits after last week gains. The composite index fell 10.95 points to 2,517.73, while the all-shares index fell 0.46 percent to 1,620.07 points. Market activity was slower as value turnover declined to Php2.6Bil from Php3Bil on Friday. Total net foreign buying was Php978M and net foreign selling of Php810M.
Losers outnumbered gainers 85 to 36, while 42 stocks were unchanged.
SM Investments Corp. dropped 0.8 percent to P305, while Bank of the Philippine Islands fell 1.09 percent to P45.50.
Property developer Megaworld Corp. (MEG) up 5.17 percent to P1.22, while Philippine Long Distance Telephone Co. gained 0.22 percent to P2,285.
Other big gainers AT 7.10, COL 8.70, PEP 0.69, and big losers ISM .023 which additional shares today, ZHI 0.33, SGI 0.69, PAX 2.65.
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