outside the PSEi included ISM Communications, which surged by 9.93 percent as the Mislatel consortium of Davao-based businessman Dennis Uy bagged a telecom franchise.
Decliners overwhelmed advancers
672 to 192, with 22 issues closing unchanged.
There were 120 decliners that overwhelmed 65 advancers
, while 55 stocks were unchanged.
Total value turnover was at P5.096 billion and advancing stocks outpaced decliners but only slightly, 95 to 92 in favor of advancers
. Fifty six issues were left unchanged.
3-point showdown advancers
: Houston Bolton (Stevenson) 10, Zach Fricke (Buffalo Grove) 9, Zach Zimmer (Fremd) 9, Ethan Kolesky (Stevenson) 9.
At the close of play the day's notable advancers
comprised mining, textiles and apparel and real estate-related stocks.
Market breadth, however, ended up negative as decliners beat advancers
, 106 to 69, with 46 issues unchanged.
Cement and Real Estate were other significant advancers
which gained 0.9 percent for the day.
Declining issues outnumbered advancers
601 to 211, with 62 closing unchanged.
There were 134 decliners that edged out 75 advancers
, while 50 stocks were unchanged.