Philippine Equity Movers: Alliance Select, Dizon Copper, Roxas

Philippine Stock Exchange Index falls 0.3% at noon break, halts four-day advance; 20 stocks decline, 10 advance.

*Alliance Select (FOOD PM) +7.2%; Co. will seek to list as many as 430.3m shares on Singapore Exchange Securities’s Catalist Board, it says in stock-exchange disclosure

*Dizon Copper (DIZ PM) +3.7%; Capital Gold, Welcome Stranger Mining to acquire exclusive mining, processing and operation rights to Dizon’s copper, silver and gold tailings in Zambales province, Dizon says in stock-exchange disclosure. Memorandum of agreement signed yesterday, Dizon says.

*Roxas Holdings (ROX PM) +1.1% after declaring 6 centavos cash dividend

To contact the reporter on this story: Cecilia Yap at cyap19@bloomberg.net

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

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