The 1st quarter of the year 2014 is over. The Philippine Stock Exchange index (PSEi), a basket of 30 listed companies generally considered a barometer of the country’s economic health, increased 9.15% in value during the past three months.
This benchmark return can be used to gauge the performance of a stock listed in the PSE. Those with higher year-to-date returns are said to beat the performance of the PSEi — a good thing — while those with lower returns are said to underperform the index — a sign of slower growth or negative outlook for the company.
Fourteen (14) of the 30 index companies were able to post returns higher than the 9.15% benchmark PSEi return.
The Top 5 Biggest PSEi Gainers are:
- Semirara Mining Co. (SCC): +43.36%
- First Gen (FGEN): +33.81%
- JG Summit Holdings (JGS): +26.92%
- Megaworld Corp. (MEG): +26.59%
- DMCI Holdings (DMC): +20.69%
Sixteen (16) index stocks failed to match the PSEi’s 1st quarter return, with four stocks even registering negative growth during the past three months.
The Top 5 Biggest PSEi Underperformers are:
- Petron Corp. (PCOR): -16.74%
- Jollibee Foods Corp. (JFC): -2.79%
- SM Prime Holdings (SMPH): -2.67%
- SM Investments Corp. (SM): -1.47%
- Metrobank (MBT): +0.13%
To know which other index stocks are beating or underperforming the PSEi, refer to our table below summarizing the year-to-date performance of the 30-company PSE index.
| Period | PSE Market Return (Rm) |
|---|---|
| 5 Years | 0.81% |
| 10 Years | 4.99% |
| 15 Years | 5.98% |
| 20 Years | 9.46% |
| 25 Years | 3.29% |
| 30 Years | 6.25% |
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