December 14, 2020 | 12:01 am Font Size
OUTLIER
METRO PACIFIC Investments Corp. (MPIC) was among the most active stocks last week as investors reacted following news of its acquisition of a petroleum products terminal and the suspension of its toll operations’ business permit.
Data from the Philippine Stock Exchange showed a total of 173.64 million MPIC shares worth P765.28 million were traded from Dec. 7-11, making it the twelfth most actively traded stock in the local bourse last week.
Shares in the Manuel V. Pangilinan-led company closed lower by 3.5% week-on-week to P4.39 apiece from its P4.55 finish on Dec. 4. The stock has gone up 30.7% since the start of the year.