PSE Market Summary:
The Philippine Stocks Market was up by 24.74 or .41% to close at 6,117.27. Total trades were down to 22,032 with 77 stocks advances, 74 declines and 51 stocks remaining unchanged.
MBT Declares Cash Dividend
Metropolitan Bank & Trust Company (PSE:MBT) declared a P1 per share ash dividend for all stockholders. Record and payments dates are yet to be announced.
CPG Exceeds Pre-Sales Target for 2012
Century Properties Group (PSE:CPG) recorded P21.4 billion of pre-sales transactions for the full year 2012, higher than the P20billion estimate. This represents 16.6% growth compared to P18.4 billion in 2011. CPG has expanded its portfolio in 2012 to include affordable real estate developments.