San Miguel tops list of stock gainers

“San Miguel has been the talk of the town for the past weeks due to its aggressive expansion and diversification,” Maria Arlysa E. Narciso of AB Capital Securities, Inc. said.

San Miguel A shares are limited to locals, while B shares are open to foreigner investors. She noted that the food and beverage company had announced a plan to go into telecommunications, and may do so by investing in a mobile phone firm.

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