PSEi reentry boosts Bloomberry shareshome/Business/Stock Watch/PSEi reentry boosts Bloomberry sharesBLOOMBERRY Resorts Corp. saw its shares rise by 7.79 percent week-on-week following news that it would rejoin the Philippine Stock Exchange index (PSEi) effective today, February 18. Shares of Bloomberry grew to P13 apiece last Friday from the P12.06 close a week earlier, its highest year to date. It was also up by 38.3 percent from its end-2018 finish of P9.41 and neared a 52-week high of P14. Also last week, Bloomberry announced that it will build in the middle of the year a new gaming complex within a 1.5-hectare property at the Vertis North estate in Quezon City. Tantiangco, meanwhile, said investors would now be awaiting the firm’s 2018 annual results after having priced its reentry into the PSEi.

Source: Manila Times February 17, 2019 16:50 UTC