PSE Market Summary:
The Philippine Stocks Market was down by 72.61 or 1.19% to close at 6,018.57. Total trades reached 31,925 with 52 stocks advances, 120 declines and 40 stocks unchanged.
SLI Earns Recognition on Property
Sta. Lucia Inc. (PSE:SLI) and its Orchard golf course and country club property has been named one of the top golf courses in Asia during the golf summit. The property is located in Dasmarinas, Cavite which features two 18-hole championship courses.
GTCAP Conducts Equity Placement
GT Capital Holdings, Inc. (PSE:GTCAP) disclosed today that it launched and priced an overnight placement of 23.027 million shares to institutional investors. The placement, priced at P620 per share raised approximately P10.1 billion of primary proceeds for GTCAP and P4.2 billion of secondary proceeds.