SMDC‘s share price climbed 1.3% to 7.31 highest gain since March 5

SM Development Corp. (SMDC) a builder of residential towers, climbed 1.3 percent to 7.31 pesos, the sharpest gain since March 5. 

Its parent SM Investments Corp. (SM) said the property company will start five new projects this year. SM Investments increased 3 percent to 659 pesos, the highest close since Feb. 10.

smdevelopment.com