Noteworthy Movers in Pre-Market:

Philippine Long Distance Telphn Co  (ADR)(NYSE:PHI).


Philippine Long Distance Telphn Co (ADR)(NYSE:PHI) stock on Friday’s pre market session gained 2.94% at price of $45.50. Over the last one month and the previous three months, Philippine Long Distance Telphn’s shares gained 3.73% and 6.66%, respectively. Additionally, the stock has surged 6.87% since the beginning of 2016. The company’s shares are trading above their 50-day and 200-day moving averages by 8.69% and 5.68%, respectively.

MATRIXX Software March 30, 2016 announced that SMART Communications, a wholly-owned subsidiary of the Philippine Long Distance Telephone Company (PLDT), has selected MATRIXX Software’s real-time Digital Commerce platform for its mobile business. Subsequently, PLDT has invested in MATRIXX through its investment arm, PLDT Capital.

SMART Communications, the country’s largest mobile network, is deploying the MATRIXX platform to deliver an array of lifestyle services and content that can be individually purchased and customized. SMART’s customers will have the freedom to manage their mobile account usage and spend, tailor services and choose ‘sachet-size’ packages based on their preferences and budgets.