PSE Market Summary:
The Philippine Stocks Market is down for two days, slipping by 14.40 or .22% to close at 6,616.27. Total trades recorded were 30,088 with 90 stocks advances, 76 declines and 45 stocks unchanged.
ALI to Spend P12B for South Project
Ayala Land, Inc. will be spending P12 billion for the development of South Park District located in Alabang, Muntinlupa. ALI plans to build eight residential towers, two office buildings and a shopping mall in the property.