Petron Rises Most in 4 Weeks in Manila on Energy Expansion Plan

Petron Corp. (PCOR) climbed the most in four weeks in Manila trading after President Eric Recto said the company plans to further invest in power generation.

The stock rose 2.6 percent to 10.14 pesos as of 3:05 p.m. local time, poised for the sharpest gain since Feb. 28. The benchmark Philippine Stock Exchange Index decreased 0.3 percent.

To contact the reporter on this story: Ian Sayson in Manila at isayson@bloomberg.net

To contact the editor responsible for this story: Darren Boey at dboey@bloomberg.net

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