Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Philippine Equity Movers: ABS-CBN, Alliance, IPVG, JG Summit

Shares of the following companies had unusual moves in Philippine trading. Stock symbols are in parentheses and prices are as of the close in Manila.

The Philippine Stock Exchange Index increased 0.2 percent to 4,363.73, the highest close since Sept. 5.

ABS-CBN Corp. (ABS PM), the nation’s biggest broadcaster, climbed 1.6 percent to 31.50 pesos, the steepest gain since Oct. 10, after Chief Financial Officer Rolando Valdueza said net income will rebound in 2012 and Philippine Equity Partners Inc. analyst Philip Felix raised the stock’s rating to “hold” from “sell.”

Alliance Global Group Inc. (AGI PM) advanced 1.9 percent to 10.50 pesos. Nine-month net income rose 84 percent from a year earlier to 9.9 billion pesos ($228 million), the company said in a statement to the stock exchange.

IPVG Corp. (IP PM) declined 3.9 percent to 1.98 pesos, the lowest close since Nov. 3. The company posted a nine-month loss of 304 million pesos because of the sale of shares in units and impairment charges, an exchange filing showed. The stock dropped 6.8 percent yesterday, before the company announced the loss.

JG Summit Holdings Inc. (JGS PM) fell 2.3 percent to 25 pesos, the sharpest loss since Nov. 2. The company posted a 40 percent decline in nine-month profit as earnings at its units Digital Telecommunications Philippines Inc. and Cebu Air Inc. (CEB PM) decreased. Cebu Air, which reported a 54 percent drop in nine-month profit, decreased for a fourth day, losing 0.7 percent to 72 pesos, the longest losing streak since the five days ended Sept. 26.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.