Ayala Land (ALI) have gained 3.69% - @36.50 high along side the PSEI marking a 7374 nearing the previous high set @7402 from the week of Jan 13, 2017. After breaking the 35.30 high, market participants drove momentum higher that set a record high at the closing market value.
Meanwhile, San Miguel Corp. (SMC) lag behind yet still gained 1.02% - @99.00 a stone's throw away from its previous high set last Dec 2016 @101.60. The near term barrier is set @100 where price action tried to go further yet failed to do so. Early sell-off and profit-taking have been seen weighing on the stock.
Finally, the resiliency of SM Prime Holdings can be seen with prices opening at the 31.00 figure level with a low @30.90 have broker through the 30.00 from a Dec 29.35 high that gave us some encouraging position to add more to the markets impetus seeing a renewed momentum as prices maintains its force closing on the higher range of the day's trade.
Cloud Chart: Ayala Land Inc.& PSE Index
Link: http://quotes.wsj.com/PH/XPHS/ALI
: http://quotes.wsj.com/index/PH/XPHS/PSEI
Showing posts with label SM Prime Holdings. Show all posts
Showing posts with label SM Prime Holdings. Show all posts
Monday, January 23, 2017
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