PSE Round-Up: December 14, 2012

PSE Market Summary:

The Philippine Stocks Market was down for three days, sliding by 80.84 to close at 5,707.11. THE PSE index is down 87.09 or 1.50% from the previous week. Total trades reached 23,586 with 71 stocks advances, 106 declines and 34 stocks unchanged.


TOL, SMIC to Bid in Expressway Project

Metro Pacific Tollways Corporation (PSE:TOL) and SM Investments Corp (PSE:SM) will jointly bid for the P15 billion NAIA expressway project. The companies disclosed that they already passed the pre-qualification for bidding.


AC Declares Cash Dividend

Ayala Corporation (PSE:AC) declared cash dividend as follows:

common shares:
cash                           =            P2 per share
ex-date                      =            Jan. 3, 2013
record date               =            Jan. 8, 2013
payment date            =           Feb. 1, 2013

preferred "A" shares (first quarter 2013):
cash                           =            8.88% dividend rate per annum
ex-date                      =            Jan. 3, 2013
record date               =            Jan. 8, 2013
payment date            =           Feb. 1, 2013

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