13 MARCH 2019

10 BUSINESS
Wednesday, 13 March 2019
Daily Tribune
How often does one get a chance to meet
with a living legend?
This once-in-a lifetime encounter for me
unexpectedly came up on 8 March when,
together with several other directors and
officers of the Financial Executives Institute
of the Philippines (FINEX), we were granted
the unique privilege to meet with Malaysian
Prime Minister Tun Dr. Mahathir bin
Mohamad for an intimate chat with this
living legend in a private function room at
his hotel. Apparently, the Prime Minister
had fond memories of his visit in 2017 when
we invited him to be the keynote speaker
during our annual FINEX Week celebration.
Prime Minister Tun Dr. Mahathir is 93
years old, making him the oldest serving
head of state in the world. He was sworn in
again as prime minister last May but was
first elected in 1981 as the fourth Prime
Minister of Malaysia when he was already
56, a retirement age for most people. His
tenure as prime minister was interrupted in
2003 when he stepped down to give way to
his handpicked, younger successor, Abdullah
Badawi. A series of disagreements, however,
with his anointed successor involving
several of Dr. Mahathir’s pet projects
(Petronas, Proton) and subsequently a
banking scandal (1Malaysia Development
Berhad) implicating Najib Razak in 2015
who had succeeded Badawi as prime
minister prompted Dr. Mahathir’s renewed
An encounter with a living legend: PM Mahathir
Instead of a strong-man firebrand, he came across, at least to
me, as a wise, soft-spoken and grandfatherly personality with his
mellow voice of wisdom
Cash-rich
BTr snubs
tap option
The Treasury enjoys a good cash
position and that fresh liquidity
has been infused in the market
with the latest retail Treasury bond
exercise
By Joshua Lao
The long end of the yield curve traced a path
on Tuesday similar to that taken just a day earlier
by short-dated Treasury bills.
The 10-year Treasury bond rate improved by
63.3 basis points to only 6.196 percent and helped
cement the decision for the Bureau of Treasury
(BTr) against opening the tap facility one more
time to help raise funds for the nation’s coffers.
That decision betrays the level of cash
resources the BTr is able to deploy at a moment’s
notice at present considering its more frequent
use of the tap facility in the recent past.
As a result, the BTr awarded in full the
re-issued 10-year IOU while thumbing down the
option to open the tap
facility for still more
funds. This also
means Treasury
officials have
cash reserves
at more
comfortable
levels than in
the recent past
as well.
The 10-year bond rate averaged 6.196 percent,
a 63.3 basis point drop from the previous 6.829
percent.
All P20 billion worth of T-bonds were given
away although the offering was more than twice
oversubscribed having actually attracted bids
aggregating P54.6 billion.
Deputy Treasurer Erwin Sta. Ana said the
declining outlook on inflation and acknowledgment
from Bangko Sentral ng Pilipinas Governor
Benjamin Diokno the monetary authorities now
have more room for monetary easing helped push
bonds rates lower.
The BTr awarded in full the
re-issued 10-year IOU while thumbing
down the option to open the tap
facility for still more funds.
“I think the market is actually just looking at
how inflation would be moving forward. So now
that we have seen inflation falling within the
(target) band already, then it just shows on the
rates for this auction,” Sta. Ana told reporters.
“And then there’s also, of course, news
about possible easing by the BSP given the
pronouncements of Governor Diokno in his
interview. So, we think those are the catalysts for
these rates,” he added.
On the tap facility, Sta. Ana said the Treasury
enjoys a good cash position and that fresh liquidity
has been infused in the market with the latest
retail Treasury bond (RTB) exercise.
“We settled the five-year RTB sale today
so that from a cash standpoint it’s actually
better for us because of the settlement. We’re
talking about P235.9 billion, almost P236
billion in fresh cash for us,” Sta. Ana said.
“And then we had a full award (in T-bonds
Tuesday) so we are in a good cash position. That
doesn’t mean that when we open it (TAP), we’re
in any worse position, but it’s very comfortable,”
he added.
interest in national politics, culminating in
his election last year as the seventh Prime
Minister of Malaysia.
Dr. Mahathir, the youngest of nine
siblings, was formally schooled as a medical
doctor in Singapore (then part of Malaya)
and had a successful practice as the only
Malay doctor in his hometown, Alor Setar,
in the state of Kedah. His father was of
Indian descent, was a school principal and
a disciplinarian, who was responsible for
his focus on studies instead of sports, while
his mother came from a long line of royal
courtiers in Kedah.
His political career, primarily centered on
the rights of Malay bumiputras (sons of the
soil) over the Malayan Chinese, has spanned
more than 70 years starting with his fight for
affirmative action for Malays when he was
still in medical school. A fallout in 1959 with
then Prime Minister Tunku Abdul Rahman
over the continuing influence of the British
military in the newly independent Malaysia
reaffirmed his reputation as an intense
Malay nationalist but also turned him into
a political outcast. During this period, he
authored a controversial book, The Malay
Dilemma, that strongly advocated for the
legislated economic entitlement rights of the
native Malays over other races. After the
resignation of Tunku in 1970, Dr. Mahathir
re-emerged and rose in prominence as a
nationalist politician.
tuesday
12 March 2019
Like all strong leaders,
Dr. Mahathir’s political
life certainly has not been
without controversy. He
openly battled against
Malaysia’s royalty and
was successful in clipping
the influence and powers
of the royalty over the
government. When
Malaysian Chinese
and extremist Islamic
leaders threatened
through protests the
ruling mainstream Malay
hegemony of the country,
his administration did not
hesitate to invoke stringent police powers
resulting in the death of an extremist leader
and the arrest of several of the Malaysian
Chinese and Islamic extremist movement’s
followers.
You have to capture the minds
of the people and know what the
people want — income, good jobs,
good schools.
When his own deputy world-acclaimed
Finance Minister Anwar Ibrahim locked
horns with him on economic policies
during the Asian financial crisis, Anwar
was sacked and eventually landed in jail for
several years and only recently freed after
a reconciliation with Dr. Mahathir.
On the economic front, his administration
aggressively promoted major infrastructure
development projects, but a major push for
privatization of government enterprises was
The Eagle’s Nest
Bing Matoto
PHILIPPINE STOCK EXCHANGE
NAME OPEN HIGH LOW CLOSE VALUE (P)
FINANCIALS
BANKS
ASIA UNITED 58.95 58.95 58.6 58.6 322,475
BDO UNIBANK 131.7 134 130.1 134 169,009,177
BANK PH ISLANDS 84.6 85.55 84.1 85.1 88,054,228.50
CHINABANK 27.6 27.65 27.5 27.5 1,104,610
EAST WEST BANK 12.16 12.26 12.16 12.22 2,776,432
METROBANK 76.7 78.4 76 76 228,076,687
PB BANK 13.86 13.86 13.84 13.86 293,560
PBCOM 21.8 22.9 21.8 22.9 26,380
PHIL NATL BANK 60.05 62.65 60.05 61.4 78,822,866.50
PSBANK 58.9 58.9 58.8 58.8 14,703
RCBC 26.55 26.55 26.4 26.5 2,731,620
SECURITY BANK 167 167 166 167 81,278,058
UNION BANK 61 61 60.5 61 200,000
OTHER FINANCIAL INSTITUTIONS
BRIGHT KINDLE 1.35 1.36 1.35 1.36 17,610
BDO LEASING 2.26 2.34 2.26 2.34 13,880
COL FINANCIAL 18.1 18.1 18.1 18.1 2,590,110
FIRST ABACUS 0.58 0.62 0.58 0.62 12,220
FERRONOUX HLDG 4.47 4.47 4.47 4.47 8,940
FILIPINO FUND 7.86 7.86 7.81 7.81 21,097
MEDCO HLDG 0.46 0.47 0.455 0.455 161,000
MANULIFE 800 800 800 800 8,000
NTL REINSURANCE 0.97 0.98 0.96 0.96 455,690
PHIL STOCK EXCH 184.6 184.6 183 183 67,924
VANTAGE 1.13 1.13 1.13 1.13 13,560
INDUSTRIAL
ELECTRICITY, ENERGY, POPWER & WATER
ALSONS CONS 1.42 1.46 1.42 1.42 2,880,060
ABOITIZ POWER 33.8 35.05 33.8 35 122,474,550
BASIC ENERGY 0.243 0.243 0.236 0.243 31,200
FIRST GEN 21.5 21.95 20.4 20.7 133,087,815
FIRST PHIL HLDG 73.7 73.9 73.7 73.9 4,931,448
MERALCO 372 376 370.6 376 47,007,126
MANILA WATER 27 27 26.3 26.6 3,748,735
PETRON 6.76 6.79 6.66 6.75 44,779,426
PETROENERGY 3.77 3.78 3.77 3.77 558,030
PHINMA ENERGY 1.32 1.34 1.32 1.33 11,764,710
PHX PETROLEUM 11.74 12 11.74 12 1,769,282
PILIPINAS SHELL 49 49.55 48.95 49.3 19,346,700
SPC POWER 6.48 6.48 6.4 6.4 548,640
FOOD, BEVERAGE & TOBACCO
AGRINURTURE 15.26 15.28 14.9 14.9 8,316,678
BOGO MEDELLIN 89.55 97.95 89.5 97.95 45,736
CNTRL AZUCARERA 16 16.2 15.82 16.2 58,968
CENTURY FOOD 15.48 15.7 14.94 15.7 2,554,022
DEL MONTE 6 6.3 5.96 6.1 67,731
DNL INDUS 11.32 11.34 11.26 11.32 1,960,854
EMPERADOR 7.52 7.6 7.52 7.52 746,983
SMC FOODANDBEV 109 112.8 107.8 109 224,431,351
ALLIANCE SELECT 1.02 1.04 1.01 1.03 954,430
GINEBRA 26.6 27.85 26.5 27 15,251,245
JOLLIBEE 312 317 311 317 44,132,774
MACAY HLDG 11.52 11.52 11 11 107,312
MAXS GROUP 12.18 12.28 12.06 12.06 1,701,464
MG HLDG 0.2 0.2 0.197 0.197 296,010
PEPSI COLA 1.38 1.39 1.36 1.37 5,670,790
SHAKEYS PIZZA 12.32 12.32 12.28 12.28 136,504
ROXAS AND CO 1.85 1.86 1.85 1.85 216,500
RFM CORP 4.67 4.68 4.67 4.67 14,020
ROXAS HLDG 2.68 2.68 2.68 2.68 2,680
UNIV ROBINA 140.2 141.2 138 141.2 44,263,911
VITARICH 1.65 1.65 1.62 1.63 6,426,370
VICTORIAS 2.67 2.67 2.65 2.65 137,960
CONSTRUCTION, INFRASTRUCTURE & ALLIED SERVICES
CONCRETE B 71.05 71.05 71.05 71.05 7,105
CEMEX HLDG 2.54 2.7 2.53 2.65 42,643,760
DAVINCI CAPITAL 6 6 5.97 5.97 652,002
EAGLE CEMENT 15.78 15.78 15.72 15.72 686,226
EEI CORP 8.96 8.96 8.71 8.8 5,411,393
HOLCIM 9.61 9.61 9.57 9.6 26,230,259
MEGAWIDE 19.84 20.1 19.84 19.9 21,950,331
TKC METALS 1.06 1.06 1.01 1.01 384,000
VULCAN INDL 1.44 1.45 1.36 1.37 7,675,740
CHEMICALS
CHEMPHIL 120 120 120 120 12,000
CROWN ASIA 1.85 1.91 1.85 1.91 13,130
EUROMED 1.65 1.65 1.65 1.65 19,800
LMG CHEMICALS 4.26 4.26 4.2 4.2 426,760
MABUHAY VINYL 3.52 3.6 3.5 3.59 60,130
PRYCE CORP 5.85 5.87 5.85 5.87 35,120
ELECTRICAL COMPONENTS & EQUIPMENT
CONCEPCION 41 41 41 41 2,050,000
GREENERGY 3.05 3.08 2.65 2.65 85,966,830
INTEGRATED MICR 13.04 13.3 12.68 12.72 6,397,820
IONICS 1.66 1.69 1.64 1.69 493,890
PANASONIC 6.16 6.16 6.16 6.16 1,848
SFA SEMICON 1.33 1.33 1.3 1.3 410,020
CIRTEK HLDG 29.45 29.5 29.4 29.5 1,476,440
HOLDING FIRMS
ABACORE CAPITAL 0.78 0.79 0.77 0.78 11,165,850
ASIABEST GROUP 21 21 20.25 20.55 804,455
AYALA CORP 930 933 925 925 162,595,375
ABOITIZ EQUITY 57.2 58.1 57.1 58 181,173,652.50
ALLIANCE GLOBAL 15 15.16 14.96 15 139,052,548
ANSCOR 6.62 6.62 6.5 6.51 71,011
ANGLO PHIL HLDG 0.74 0.76 0.74 0.75 263,150
ATN HLDG A 1.41 1.43 1.41 1.41 4,627,180
ATN HLDG B 1.42 1.44 1.42 1.44 32,720
COSCO CAPITAL 7.46 7.7 7.46 7.5 8,524,344
DMCI HLDG 11.16 11.38 11.16 11.2 55,574,216
FILINVEST DEV 14 14.66 14 14.64 40,436,726
FORUM PACIFIC 0.24 0.255 0.24 0.24 152,430
GT CAPITAL 965 996 965 974.5 193,742,460
HOUSE OF INV 6.13 6.13 6.13 6.13 109,114
JG SUMMIT 66.1 67.2 64.55 65 114,112,115.50
LODESTAR 0.58 0.58 0.55 0.57 442,110
LOPEZ HLDG 5.03 5.1 5.03 5.04 3,804,753
LT GROUP 16.12 16.82 16.12 16.42 44,247,712
MABUHAY HLDG 0.56 0.56 0.56 0.56 60,480
METRO PAC INV 4.87 4.95 4.87 4.94 52,993,610
PACIFICA 0.04 0.041 0.04 0.04 128,700
PRIME ORION 3.03 3.03 2.99 2.99 3,197,100
REPUBLIC GLASS 2.56 2.56 2.56 2.56 25,600
SOLID GROUP 1.36 1.37 1.36 1.37 13,620
SYNERGY GRID 450 450 450 450 45,000
SM INVESTMENTS 930 946 925.5 946 175,774,460
SAN MIGUEL CORP 174.1 176.9 171.4 174 267,283,718
SOC RESOURCES 0.79 0.79 0.78 0.78 74,300
TOP FRONTIER 275.2 282.8 275 282.8 119,906
WELLEX INDUS 0.24 0.24 0.24 0.24 163,200
ZEUS HLDG 0.37 0.38 0.355 0.36 7,400,200
PROPERTY
ARTHALAND CORP 0.92 0.93 0.9 0.91 875,230
ANCHOR LAND 10.46 10.46 10.46 10.46 6,276
AYALA LAND 43.15 43.55 42.8 42.9 266,028,800
ARANETA PROP 1.88 1.88 1.87 1.87 44,970
BELLE CORP 2.43 2.43 2.39 2.4 1,841,590
A BROWN 0.79 0.8 0.78 0.78 1,014,150
CITYLAND DEVT 0.91 0.93 0.91 0.93 92,840
CROWN EQUITIES 0.24 0.249 0.239 0.245 1,183,110
CEBU HLDG 6.6 6.86 6.5 6.86 13,172
CEB LANDMASTERS 4.3 4.3 4.2 4.23 1,082,540
CENTURY PROP 0.5 0.51 0.49 0.495 4,081,390
CYBER BAY 0.41 0.41 0.405 0.405 532,050
DOUBLEDRAGON 20.8 21.2 20.25 20.25 15,742,035
DM WENCESLAO 9.99 10.18 9.92 10.08 24,768,194
EMPIRE EAST 0.54 0.54 0.5 0.52 2,180,300
EVER GOTESCO 0.13 0.13 0.13 0.13 23,400
also marked by the lack
of transparent biddings
that would eventually
pave the way for favoring
Malay bumiputras
closely identified with
the ruling party, UMNO.
At the height of the
Asian financial crisis, he
refused to follow the IMF’s
protocol of high interest
rates and severe austerity
measures. Although an
economic outlier because
of Dr. Mahathir’s stubborn
refusal to adhere to the
IMF, Malaysia recovered
faster than its Asian neighbors.
An outspoken critic of the West,
particularly Great Britain and the USA, he
labeled them as oppressors who imposed
their values on Asians and continues to be a
leading voice in the Non-Aligned Movement,
an aggrupation of 125 countries who are
not aligned with or against any power bloc.
The highly colorful and controversial
personality that is a hallmark of Dr. Mahathir’s
political life was however not evident during
our chat with him last week. Instead of a
strong-man firebrand, he came across, at least
to me, as a wise, soft-spoken and grandfatherly
personality with his mellow voice of wisdom
barely picked up by my phone recorder.
Here are some quotes and paraphrased
nuggets he intimately shared with us:
Peace with neighboring countries and,
above all, domestic peace within the
country, is crucial to the region and a
country’s development, a not too subtle
reference to the ongoing West Philippine Sea
controversy and our delicate estrangement
with our Muslim brethren in Mindanao;
To be a good leader means “You have to
capture the minds of the people and know
what the people want — income, good jobs,
good schools;”
Brain drain is a waste to a country’s
resources and should be discouraged, but
is difficult to prevent because of the wide
disparity of wages;
Malaysia’s stock market is highperforming
because it vigilantly oversees the
governance of listed companies to ensure
that there is no manipulation in the values of
the stocks. Regulations are transparent and
foreign investors are welcomed and provided
legal assurances that their investments can
be freely repatriated;
To avoid a so-called debt trap that is
now the grist of business opinion columns
in the context of the country’s push for
infrastructure, he believes “a country
should build infrastructure only when you
can afford it… don’t borrow money unless
you can earn to repay… otherwise it is like
selling when you borrow;”
On the drug menace, Malaysia observes
due process but imposes without exception
the death penalty. He confessed to losing
sleep once when he had to personally affirm
the execution of a drug dealer found guilty;
Finally, for us seniors, on the secret of
his longevity: “I never really retired… Don’t
stop working. Don’t stop using your muscles.
Be active mentally. Read. Write.”
Until next week… one big fight!
NAME OPEN HIGH LOW CLOSE VALUE (P)
FILINVEST LAND 1.51 1.52 1.5 1.52 9,422,630
GLOBAL ESTATE 1.26 1.27 1.22 1.24 2,033,600
8990 HLDG 11.88 12.2 11.7 11.98 26,526,064
PHIL INFRADEV 1.95 1.97 1.86 1.87 8,622,790
CITY AND LAND 0.92 0.92 0.92 0.92 23,000
MEGAWORLD 5.52 5.53 5.39 5.49 62,777,544
MRC ALLIED 0.395 0.395 0.39 0.395 3,253,600
PHIL ESTATES 0.455 0.455 0.445 0.45 2,529,900
PRIMEX CORP 2.82 2.87 2.79 2.86 120,860
ROBINSONS LAND 23.5 23.7 22.8 23.7 27,101,150
PHIL REALTY 0.45 0.45 0.45 0.45 148,500
ROCKWELL 2.02 2.03 2.01 2.02 90,750
SHANG PROP 3.15 3.15 3.12 3.12 522,660
STA LUCIA LAND 1.58 1.58 1.53 1.56 801,290
SM PRIME HLDG 38 38.4 36.7 36.7 417,566,870
STARMALLS 7.02 7.14 6.9 7 1,273,776
SUNTRUST HOME 0.81 0.82 0.75 0.8 474,600
PTFC REDEV CORP 43.05 45.2 43.05 45.2 48,440
VISTA LAND 7.22 7.35 7.18 7.2 54,087,646
SERVICES
Email bing_matoto@yahoo.com.
MEDIA
ABS CBN 21.3 21.4 21.2 21.3 3,002,570
GMA NETWORK 5.73 5.73 5.71 5.71 541,906
MANILA BULLETIN 0.6 0.63 0.6 0.62 1,346,430
TELECOMMUNICATIONS
GLOBE TELECOM 1,890 1,910 1,865 1,878 65,981,975
PLDT 1,090 1,113 1,089 1,107 127,088,055
INFORMATION TECHNOLOGY
APOLLO GLOBAL 0.045 0.046 0.044 0.046 503,900
DFNN INC 7 7 7 7 353,500
ISLAND INFO 0.128 0.131 0.127 0.131 300,060
ISM COMM 5.44 5.44 5.23 5.28 31,544,595
JACKSTONES 3.29 3.29 3.29 3.29 3,290
NOW CORP 2.89 2.9 2.82 2.84 4,001,980
TRANSPACIFIC BR 0.435 0.44 0.43 0.43 1,676,550
PHILWEB 2.8 2.8 2.76 2.79 3,043,570
TRANSPORTATION SERVICES
2GO GROUP 11.88 12.16 11.84 12.16 273,582
CEBU AIR 83 84.5 81.5 81.5 10,537,971.50
CHELSEA 5.62 5.88 5.62 5.83 4,423,661
INTL CONTAINER 114.9 120.4 114.3 119 448,794,606
LBC EXPRESS 15.5 15.5 15.24 15.26 67,136
LORENZO SHIPPNG 0.9 0.91 0.89 0.91 34,910
MACROASIA 19.6 20.3 19.6 19.94 23,836,095
METROALLIANCE A 1.98 1.98 1.9 1.96 188,650
METROALLIANCE B 1.95 1.95 1.95 1.95 1,950
PAL HLDG 10.38 10.48 10.38 10.44 375,244
HARBOR STAR 2.95 3.09 2.94 2.94 24,151,430
HOTEL & LEISURE
ACESITE HOTEL 1.28 1.28 1.28 1.28 16,640
BOULEVARD HLDG 0.073 0.077 0.072 0.075 18,928,680
DISCOVERY WORLD 2.25 2.26 2.11 2.15 48,010
WATERFRONT 0.66 0.68 0.66 0.67 450,910
EDUCATION
IPEOPLE 11 11 11 11 67,100
STI HLDG 0.71 0.72 0.7 0.71 786,220
CASINOS & GAMING
BERJAYA 2.86 2.88 2.79 2.88 1,300,540
BLOOMBERRY 11.72 11.94 11.66 11.8 66,247,164
PACIFIC ONLINE 9.21 9.21 9.21 9.21 1,842
LEISURE AND RES 3.28 3.34 3.27 3.3 877,830
MANILA JOCKEY 4.7 4.91 4.7 4.9 495,740
PH RESORTS GRP 5 5 4.9 4.99 525,730
PREMIUM LEISURE 0.91 0.91 0.9 0.9 1,657,480
TRAVELLERS 5.62 5.62 5.6 5.6 907,830
RETAIL
METRO RETAIL 3.07 3.07 2.99 3 5,983,490
PUREGOLD 48.7 48.7 47.5 47.7 8,090,905
ROBINSONS RTL 85 86.5 85 86 20,574,010.50
PHIL SEVEN CORP 135 135 134 135 3,171,887
SSI GROUP 2.38 2.41 2.36 2.39 34,234,340
WILCON DEPOT 15.5 16.08 15.5 15.7 160,446,204
OTHER SERVICES
APC GROUP 0.435 0.435 0.43 0.43 51,700
EASYCALL 14.72 14.9 14.56 14.58 2,614,380
GOLDEN BRIA 376 381.6 371.2 380 1,220,456
IPM HLDG 7.1 7.1 7.07 7.07 53,130
PAXYS 3.08 3.4 3.08 3.4 18,800
PRMIERE HORIZON 1.28 1.3 1.22 1.22 41,006,070
SBS PHIL CORP 8.34 8.34 8.34 8.34 270,216
MINING & OIL
MINING
ATOK 13.6 13.6 13.6 13.6 2,720
APEX MINING 1.47 1.48 1.44 1.45 4,875,150
ABRA MINING 0.0021 0.0021 0.002 0.0021 1,924,600
ATLAS MINING 2.91 2.95 2.91 2.91 327,520
BENGUET A 1.17 1.17 1.15 1.15 139,100
COAL ASIA HLDG 0.295 0.295 0.295 0.295 29,500
CENTURY PEAK 2.24 2.26 2.24 2.26 1,850,750
FERRONICKEL 1.49 1.49 1.48 1.49 3,508,330
GEOGRACE 0.255 0.255 0.247 0.255 274,180
LEPANTO A 0.125 0.126 0.121 0.121 487,340
MANILA MINING A 0.0081 0.0081 0.0081 0.0081 24,300
MARCVENTURES 1.09 1.09 1.08 1.09 35,850
NIHAO 1.08 1.08 1.03 1.07 27,940
NICKEL ASIA 2.68 2.71 2.65 2.65 7,933,560
OMICO CORP 0.6 0.62 0.6 0.62 52,840
ORNTL PENINSULA 0.94 0.94 0.93 0.93 93,250
PX MINING 4 4.03 3.9 3.92 4,907,080
SEMIRARA MINING 20 20.35 20 20.1 24,072,630
UNITED PARAGON 0.0074 0.0076 0.0073 0.0073 228,200
OIL
ORNTL PETROL A 0.012 0.013 0.012 0.013 349,300
ORNTL PETROL B 0.012 0.012 0.012 0.012 81,600
PHILODRILL 0.012 0.012 0.011 0.011 39,200
PHINMA PETRO 3.16 3.3 3.16 3.3 88,820
PXP ENERGY 14.34 14.36 14 14.06 32,561,168
PREFERRED
AC PREF B1 470 470 470 470 202,100
AC PREF B2 497 497 497 497 4,970
DD PREF 98.35 98.35 98.35 98.35 14,752.50
SMC FB PREF 2 980 980 980 980 39,200
FGEN PREF G 102.5 102.5 102.5 102.5 20,500
LR PREF 0.99 0.99 0.98 0.98 103,570
MWIDE PREF 101 101 101 101 555,500
PNX PREF 3B 103.5 103.5 103.5 103.5 23,805
SFI PREF 1.8 1.8 1.8 1.8 1,800
SMC PREF 2B 75.45 75.45 75.45 75.45 2,263.50
SMC PREF 2C 76.85 76.95 76.7 76.95 1,583,096
SMC PREF 2D 72.6 72.6 71.4 71.4 3,677,602
SMC PREF 2F 75 75 75 75 15,000
SMC PREF 2H 72 72.05 71.9 72 6,363,515
SMC PREF 2I 72.4 72.4 72 72 756,850
PHIL. DEPOSITARY RECEIPTS
ABS HLDG PDR 20.2 20.2 20.1 20.2 705,405
GMA HLDG PDR 5.58 5.59 5.58 5.59 89,438
WARRANTS
LR WARRANT 1.88 1.88 1.85 1.88 98,260
SMALL, MEDIUM & EMERGING
ITALPINAS 4.91 5.07 4.91 5.06 2,673,400
MAKATI FINANCE 2.69 2.69 2.69 2.69 8,070
XURPAS 1.37 1.41 1.36 1.38 7,030,040
EXCHANGE TRADED FUNDS
FIRST METRO ETF 115.5 115.5 115.3 115.3 508,938