The Philippine Stock Exchange Index (PCOMP) rose 0.7 percent to 4,934.29.
Century Properties Group Inc. (CPG) (CPG PM), a real-estate company, fell 5.8 percent to 1.64 pesos, the lowest close since July 13. Century Properties Inc., the company’s parent, sold 868.3 million shares in the builder to APG Strategic Real Estate Pool NV, a stock-exchange filing showed.
Philippine Long Distance Telephone Co. (TEL) , the nation’s biggest phone company, advanced 1.1 percent to 2,846 pesos, the first gain in three days. The company expects to meet its core profit guidance of 39 billion pesos for 2011, a stock- exchange filing showed.
To contact the editor responsible for this story: Darren Boey at email@example.com