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    AC   PHY0486V1154


End-of-day quote Philippines Stock Exchange  -  2022-08-14
750.00 PHP   +2.32%
08/15AYALA : Press Release
08/14Ayala Corporation Announces Management Changes
08/14Ayala Corporation Announces CEO Changes
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Southeast Asia stocks: Most rise as local economies set to ease curbs, Philippines jumps nearly 5%

05/29/2020 | 06:29am EDT
A trader reacts during trading at the Philippine Stock Exchange in Makati city, Metro Manila

By Arundhati Dutta

Philippine stocks jumped nearly 5% on Friday amid last minute buying of blue-chip shares, while most other Southeast Asian markets closed up as several local economies are set to re-open after weeks under lockdown.

Markets in Southeast Asia largely ignored global concerns around a Sino-U.S. scuffle over Beijing tightening its control over Hong Kong, choosing to instead focus on easing mobility restrictions in the Philippines, Thailand and Indonesia.

In the Philippines, President Rodrigo Duterte eased one of the world's toughest curbs in its capital Manila.

Leading gains, the local benchmark closed up 4.8% with index heavyweights such as BDO UniBank Inc, SM Investments and Ayala Corp surging between 8.8% and 11% before the closing bell.

Thailand followed suit with announcements of shortened curfew hours and relaxed restrictions from next week - following which the benchmark recovered from a 1% drop earlier in the session to close up 0.4%.

Consumer Staples led the gains, with convenience store operator CP All adding 1.4%.

Along the same lines, Indonesian local media https://en.tempo.co/read/1347150/jokowi-advises-against-premature-opening-of-tourism-sector reported that plans were underway to impose "new normal" protocols across four provinces, including Jakarta.

The benchmark closed up 0.8%, with consumer discretionary and consumer staple stocks contributing to most of the gains.

Malaysian stocks ended up 1.1% and had their best month since July 2018.

Heavyweights Hartalega Holdings, Petronas Gas and Petronas Dagangan added between 9.4% and 12.6% for the day.

Shares in Vietnam jumped on real estate stocks, while Singapore, down 0.2%, was the sole loser in the region.

(Reporting by Arundhati Dutta; Editing by Shinjini Ganguli)

© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
AYALA CORPORATION 2.32% 750 End-of-day quote.-9.75%
BDO UNIBANK, INC. 1.44% 120 End-of-day quote.-0.58%
CP ALL -0.83% 59.5 End-of-day quote.0.85%
HARTALEGA HOLDINGS -7.00% 1.86 End-of-day quote.-67.54%
PETRONAS DAGANGAN 1.00% 22.26 End-of-day quote.8.06%
PETRONAS GAS 0.35% 17.3 End-of-day quote.-3.89%
SET INDEX THAILAND 0.29% 1629.95 Real-time Quote.-1.95%
SM INVESTMENTS CORPORATION 2.02% 860 End-of-day quote.-8.80%
08/15AYALA : Press Release
08/14Ayala Corporation Announces Management Changes
08/14Ayala Corporation Announces CEO Changes
08/12Ayala Corporation Reports Earnings Results for the Second Quarter and Six Months Ended ..
07/25AYALA CORPORATION : Ex-dividend day for interim dividend
07/18AYALA : Declaration of Cash Dividends
07/14AYALA : Other SEC Forms, Reports and Requirements
07/14AYALA : Declaration of Cash Dividends
07/14Ayala Corporation Approves Promotion of Solomon M. Hermosura to Senior Managing Directo..
07/14Ayala Corporation Approves Declaration of Regular Cash Dividend, Payable on August 13, ..
More news
Sales 2022 264 B 4 729 M 4 729 M
Net income 2022 30 966 M 554 M 554 M
Net Debt 2022 450 B 8 060 M 8 060 M
P/E ratio 2022 15,0x
Yield 2022 0,98%
Capitalization 477 B 8 535 M 8 535 M
EV / Sales 2022 3,51x
EV / Sales 2023 3,05x
Nbr of Employees 64 413
Free-Float 29,6%
Duration : Period :
Ayala Corporation Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends AYALA CORPORATION
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus BUY
Number of Analysts 7
Last Close Price 750,00 PHP
Average target price 1 044,26 PHP
Spread / Average Target 39,2%
EPS Revisions
Managers and Directors
Fernando Miranda Zobel de Ayala Vice Chairman, President & Chief Executive Officer
Alberto Macapinlac de Larrazabal CFO, Chief Risk & Sustainability Officer
Jaime Augusto Zobel de Ayala Chairman
Maria Angelica B. Rapadas Chief Information Officer
Solomon M. Hermosura Secretary, Chief Legal Officer & Senior MD