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.