PSE Round-Up: December 6, 2012

PSE Market Summary:

The Philippine Stocks Market is up by 75.92 or 1.33% to close at 5,763.64. Total trades reached 28,817 with 103 stocks advances, 72 declines and 38 stocks unchanged.


ANS Declares Cash Dividend

A. Soriano Corporation (PSE:ANS) declared cash dividend as follows:

cash                                =                   P.50 per share
ex-date                           =                   Dec. 18, 2012
record date                    =                   Dec. 21, 2012
payment date                =                    Jan. 18, 2012


FPH Declares Cash Dividend

First Philippine Holdings (PSE:FPH) declared cash dividend on its series B preferred share as follows:

rate                                 =                   8.7231% per annum
ex-date                           =                   Jan. 4, 2013
record date                    =                   Jan. 9, 2013
payment date                =                    on or before Jan. 31, 2013


FMIC Plans to Boost ETF to P10B

First Metro Investments Corporation (PSE:FMIC) plans to boost its exchange-traded fund (ETF) to P10 billion within the next three years, provided there is strong demand. FMIC will initially set P1 billion authorized capital with P250 million paid-up capital. FMIC is the investment arm of Metrobank.

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