PSE Weekly Stock Market Update (Aug. 13-17)

Due to lingering concerns in the US subprime market, the main index of the Philippine Stock Exchange (PSE) ended the week lower at 2,884.34, down by 13.96%.

Losers swamped gainers, 159 to 18. Eight shares were unchanged.

Average daily value turnover for the week was P5.008 billion.

The Year-to-Date (i.e., beginning of the year until this week) performance of the different sectors is as follows:

• PSEi : 2,884.34 ; -3.29%
• All Shares Index : 1,865.22 ; 0.26%
• Financial Sector : 791.76 ; -3.78%
• Industrial Sector : 3,951.80 ; 0.29%
• Holding Firms Sector : 1,593.25 ; -7.97%
• Property Sector : 1,310.93 ; 3.90%
• Services Sector : 1,389.63 ; -6.80%
• Mining and Oil Sector : 4,472.15 ; -1.23%

Legend: First number – Week's Closing ; Second number – YTD % change

Here are this week's top 10 gainers and losers.

Top 10 Gainers

1. BANKARD, INC. (BKD) – 1.74 ; 40.32%
2. ATN HOLDINGS, INC. "B" (ATNB) – 3.35 ; 34.00%
3. ISLAND INFORMATION & TECHNOLOGY, INC. (IS) - 0.16 ; 33.33%
4. ATN HOLDINGS, INC. "A" (ATN) – 2.85 ; 29.55%
5. PANCAKE HOUSE, INC. (PCKH) – 8.40 ; 20.00%
6. ARIES PRIME RESOURCES, INC. (APR) – 2.90 ; 18.85%
7. CITYSTATE SAVINGS BANK, INC. (CSB) - 23.50 ; 16.05%
8. ACESITE (PHILS.) HOTEL CORPORATION (DHC) – 9.90 ; 10.00%
9. ATR KIMENG FINANCIAL CORPORATION (ATRK) – 3.80 ; 8.57%
10. WATERFRONT PHILIPPINES, INC. (WPI) – 0.68 ; 4.62%

Top 10 Losers

1. MULTITECH INVESTMENTS CORPORATION (MIC) – 3.05 ; (45.54%)
2. GEOGRACE RES. PHIL., INC. (GEO) - 1.06 ; (40.45%)
3. VITARICH CORPORATION (VITA) – 0.26 ; (39.53%)
4. FEDERAL CHEMICALS, INC. (FED) – 9.00 ; (37.93%)
5. NiHAO MINERAL RESOURCES INT'L, INC. (NI) - 7.30 ; (37.87%)
6. ATOK BIG WEDGE COMPANY, INC. "A" (AB) - 5.80 ; (37.63%)
7. KEPPEL PHILIPPINES. PROPERTIES, INC. (KEP) – 1.40 ; (37.50%)
8. PHILIPPINE REALTY & HOLDINGS CORPORATION (RLT) - 0.34 ; (37.04%)
9. EASYCALL COMM.UNICATIONS PHILIPPINES, INC. (ECP) – 4.00 ; (35.48%)
10. CADP GROUP CORPORATION (CAC) – 1.42 ; (35.45%)

Legend: STOCK NAME (CODE) – Last Traded Price ; 1-Week % Change

Discuss PSE and stock trading in PMT's Stock Trading Discussion Forum.