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 Stock Movers: BPI, COL Financial Group, IP Converge

May 21 (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 1.5 percent to 4,954.

Bank of the Philippine Islands (BPI PM), the nation’s largest lender by market value, added 1.8 percent to 67.20 pesos. The bank is keeping its loan-growth forecast of 12 percent to 15 percent this year, and its core income is “so far so good,” President Aurelio Montinola told reporters today.

COL Financial Group Inc. (COL PM), the largest Philippine online stock brokerage, gained 3.6 percent to 22.80 pesos, its steepest increase since March 27. First-quarter profit surged 58 percent to a record 130 million pesos ($3 million), the company said in a stock-exchange filing.

IP Converge Data Center Inc. (CLOUD PM), a provider of managed data services and business solutions, climbed 1.3 percent to 4.05 pesos, its highest close since Oct. 13. IP Ventures Inc. said it offered 4.20 pesos a share to acquire about 9 percent of IP Converge from minority shareholders, according to an exchange filing.

To contact the reporter on this story: Gan Yen Kuan in Kuala Lumpur at

To contact the editor responsible for this story: Darren Boey at

Please upgrade your Browser

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

Chrome, Firefox, Safari, Opera or Internet Explorer.