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Converge shares gain 9.45% despite index dip

Listed fiber internet provider Converge ICT ended with gains on a week-on-week basis in the previous trading week.

The shares of Converge inched down by 5 centavos or 0.13 percent to finish at P39.95 apiece on Friday amid the Philippine index's 0.42-percent dip.

Converge ICT founder and CEO Dennis Anthony H. Uy (middle) attends the ceremonial turnover of service vehicles from the LausGroup of Companies that would help the telecom firm expand its area coverage in San Fernando, Pampanga. PHOTO FROM CONVERGE ICT WEBSITE