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Philippine Stocks: Asian Terminals, Manila Mining, Philex

Dec. 22 (Bloomberg) -- 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 rose less than 0.1 percent to 4,370.46. The measure is set for a 4 percent gain this year.

Miners: Philex Mining Corp. (PX PM), the nation’s biggest metals producer, declined 1.4 percent to 21.85 pesos, the sharpest loss since Dec. 15. Manila Mining Corp. Class A shares (MA PM), which are reserved for Filipinos, decreased 1.7 percent to 5.8 centavos, the lowest close since Oct. 14.

Gold for immediate delivery decreased as much as 0.5 percent today, while copper for delivery in three months sank as much as 0.8 percent.

Asian Terminals Inc. (ATI PM), a Philippine port operator, increased 3.8 percent to 8.20 pesos, the highest close since Aug. 19. The company will pay 25 centavos a share in dividends, a stock-exchange filing showed.

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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