PHILIPPINES – Jollibee Foods Corporation (PSE:JFC)’s stock gained 1.70 percent in today’s trading session at the Philippine Stock Exchange, adding Php3.20 to its share price.

Jollibee Foods Corporation’s stock posted a last trade price of Php191.20, from the previous close of Php188.00. It traded at a high of Php192.00 but still lower than its 52-week high of Php241.00 apiece.

A total of 594,720 Jollibee Foods Corporation’s shares exchanged hands today with a total value of Php113.27 million.

Jollibee Foods Corporation (JFC) was incorporated on January 11, 1978. JFC’s principal business is the development, operation, and franchising of quick-service restaurants under the trade name “Jollibee”.

Meanwhile, Manila Electric Company (PSE:MER)’s stock also gained in today’s trading, joining the 21 blue chip stocks that saw their prices going up today.

Manila Electric Company’s stock closed at Php298.00 today, Php8.00 higher from its previous close.

A total of 357, 520 shares exchanged hands with a value of Php106.27 million. –