PSE Market Summary:
The Philippine Stocks Market was down 6.23 or .10% to close at 6,087.67. Total trades reached 33,906 with 73 stocks advances, 97 declines and 45 stocks unchanged.
URC Net Income Up 62.9%
Universal Robina Corporation (PSE:URC) announced its net income to P8.158 billion, up 62.9% from the same period last year. The favorable result as mainly due to strong operating income from branded consumer foods group.