Bulls did not run today as profit taking action showed up this morning. Good thing market did not breach the 4300 support closed @ 4305 down 25pts. Only 5 index were up. BPI, JFC, EDC, MER, MWC.
Looking at MER’s chart, it is poised for a rebound. Closed today @ P252.40.. as always.. caveat..
SM Development CorporationPress Release: “SMDC’s First Quarter 2011 Net Income Surges 45% to Php916 Million”; declaration of cash dividends below:
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Tags: philippines, smdc, stocks
