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Megaworld Posts 2nd-Biggest Loss in Philippine Index

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(Corrects to remove erroneous reference to stock rating.)

Nov. 22 (Bloomberg) -- Megaworld Corp. posted the second-biggest percentage loss in the benchmark Philippine stock index, losing 3.1 percent to 2.54 pesos as of 11:07 a.m. in Manila.

The benchmark Philippine Stock Exchange Index decreased 0.5 percent.

Editor: Reinie Booysen

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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