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Ayala shares stable despite headwinds

HOLDING firm company Ayala Corp.'s stock price went up by 2.02 percent week on week to P731 on Friday from P717 on Sept. 9, 2022.

The company's highest closing price over a 52-week period was at P903.00 per share on Nov. 17, 2021, while its lowest closing price was P575.50 per share on July 15, 2022. Its net profits over the past three years were as follows: P41.98 billion in 2019, P29.27 billion in 2020 and P36.04 billion in 2021.

Fernando Zobel de Ayala resigned from the top positions he held in the Ayala Group of Companies last week. PHOTO FROM AYALA FACEBOOK PAGE