PSE Market Summary:
The Philippine Stocks Market was down for the second trade. PSEi closed at 5,434.13 points, slightly lower by 5.71 or .10% from Friday. Total trades reached 24,899 with advancers edging against decliners, 82 to 77. There were 47 stocks unchanged.
Booked Sales by LOTO Up 15%
Pacific Online System Corporation (PSE:LOTO) handled total PCSO sales amounting to P8.2 billion as of third quarter, up 15% from the same period last year. LOTO now has 2,500 terminals that caters to PCSO lottery games and is expected to reach its P 11 billion company sales target.
BDO Successfully Sells P5 B LTNCDs
BDO Unibank, Inc. (PSE:BDO) has successfully sold its P 5 billion-worth of Long Term Negotiable Certificate of Deposits (LTNCDs) with maturity period of 7 years. The offer was earlier reported here.
Vista Land & Landscapes, Inc. (PSE:VLL) will pursue its hotel development plans to help establish a more active presence in the real estate. The Manny Villar-owned corporation is all on its goal to being a well-diverse and complete real estate developer.