Rockwell Climbs to 12-Week High on Profit Forecast: Manila Mover

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Rockwell Land Corp. advanced to a 12-week high in Manila trading after the Philippine builder’s President Nestor Padilla said profit may double in two years.

Rockwell climbed 31 percent to 4.05 pesos as of 1:53 p.m., headed for the highest close since May 14, while the Philippine Stock Exchange Composite Index declined 0.1 percent.