Stock Trading

The Philippine Stock Exchange (PSE) applauded the decision of the US Federal Reserve to cut its benchmark interest rate by half a percentage point, soaring to 3,423.73 at the end of the trading week, up by almost 4% week-on-week.

Analysts, however, cautioned investors over some volatility this week. BPITrade sees the market extending correction this week, with investors remaining in the sidelines while waiting for 3Q results. 2TradeAsia also sees some profit-taking and expects the Philippine bourse to track markets abroad.  

Week-to-week and Year-to-Date (YTD, i.e., beginning of the year until this week) performances of the Philippine equity sectors are as follows:

(Legend:) Market Sector : Week's Closing ; 1-Week Change ; YTD change

• PSEi : 3,423.73 ; 3.92% ; 14.79%
• All Shares Index : 2,143.53 ;  2.72% ; 15.22%
• Financial Sector : 893.05 ; 2.81% ; 8.53%
• Industrial Sector : 4,512.13 ; 1.71% ; 14.51%
• Holding Firms Sector : 1,910.28 ; 3.93% ; 10.34%
• Property Sector : 1,498.40 ; 4.10% ; 18.76%
• Services Sector : 1,665.41 ; 3.74% ; 11.70%
• Mining and Oil Sector : 7,040.36 ; 9.55% ; 55.50%

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

The Philippine Stock Exchange (PSE) applauded the decision of the US Federal Reserve to cut its benchmark interest rate by half a percentage point, soaring to 3,423.73 at the end of the trading week, up by almost 4% week-on-week.

Analysts, however, cautioned investors over some volatility this week. BPITrade sees the market extending correction this week, with investors remaining in the sidelines while waiting for 3Q results. 2TradeAsia also sees some profit-taking and expects the Philippine bourse to track markets abroad.

Week-to-week and Year-to-Date (YTD, i.e., beginning of the year until this week) performances of the Philippine equity sectors are as follows:

(Legend:) Market Sector : Week’s Closing ; 1-Week Change ; YTD change

• PSEi : 3,423.73 ; 3.92% ; 14.79%
• All Shares Index : 2,143.53 ;  2.72% ; 15.22%
• Financial Sector : 893.05 ; 2.81% ; 8.53%
• Industrial Sector : 4,512.13 ; 1.71% ; 14.51%
• Holding Firms Sector : 1,910.28 ; 3.93% ; 10.34%
• Property Sector : 1,498.40 ; 4.10% ; 18.76%
• Services Sector : 1,665.41 ; 3.74% ; 11.70%
• Mining and Oil Sector : 7,040.36 ; 9.55% ; 55.50%

Here are last week’s top 10 gainers and losers.

The Philippine Stock Exchange (PSE) applauded the decision of the US Federal Reserve to cut its benchmark interest rate by half a percentage point, soaring to 3,423.73 at the end of the trading week, up by almost 4% week-on-week.

Analysts, however, cautioned investors over some volatility this week. BPITrade sees the market extending correction this week, with investors remaining in the sidelines while waiting for 3Q results. 2TradeAsia also sees some profit-taking and expects the Philippine bourse to track markets abroad.  

Week-to-week and Year-to-Date (YTD, i.e., beginning of the year until this week) performances of the Philippine equity sectors are as follows:

(Legend:) Market Sector : Week's Closing ; 1-Week Change ; YTD change

• PSEi : 3,423.73 ; 3.92% ; 14.79%
• All Shares Index : 2,143.53 ;  2.72% ; 15.22%
• Financial Sector : 893.05 ; 2.81% ; 8.53%
• Industrial Sector : 4,512.13 ; 1.71% ; 14.51%
• Holding Firms Sector : 1,910.28 ; 3.93% ; 10.34%
• Property Sector : 1,498.40 ; 4.10% ; 18.76%
• Services Sector : 1,665.41 ; 3.74% ; 11.70%
• Mining and Oil Sector : 7,040.36 ; 9.55% ; 55.50%

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

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Despite a surge right after the Erap guilty verdict was handed out, the Philippine Stock Exchange (PSE) closed slightly lower last week, with most investors remaining on the sidelines waiting for the results of the US Federal Reserve policy meeting on September 18.

The main index closed at 3,294.55, down by 1.5% from the previous week.

Week-to-week and Year-to-Date (YTD, i.e., beginning of the year until this week) performances of the Philippine equity sectors are as follows:

(Legend:) Market Sector : Week's Closing ; 1-Week Change ; YTD change

• PSEi : 3,294.55 ; -1.15% ; 10.46%
• All Shares Index : 2,086.74 ; -1.44% ; 12.17%
• Financial Sector : 868.60 ; -1.25% ; 5.56%
• Industrial Sector : 4,436.10 ; -2.42% ; 12.58%
• Holding Firms Sector : 1,837.97 ; 0.28% ; 6.16%
• Property Sector : 1,439.35 ; -3.17% ; 14.08%
• Services Sector : 1,605.35 ; -0.24% ; 7.67%
• Mining and Oil Sector : 6,426.36 ; 3.37% ; 41.93%

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

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The Philippine stock market closed lower last week, with most investors remaining cautious ahead of the expected Sandiganbayan verdict this week on former Pres. Joseph Estrada's plunder case and the US Federal Reserve policy meeting on September 18.

The main index closed at 3,332.97, down by almost 1% from the previous week.

Week-to-week and Year-to-Date (YTD, i.e., beginning of the year until this week) performances of the Philippine equity sectors are as follows:

(Legend:) Market Sector : Week's Closing ; 1-Week Change ; YTD change

• PSEi : 3,332.97 ; -0.96% ; 11.75%
• All Shares Index : 2,117.26 ; -1.32% ; 13.81%
• Financial Sector : 879.59 ; 1.57% ; 6.90%
• Industrial Sector : 4,545.97 ; -4.66% ; 15.37%
• Holding Firms Sector : 1,832.90 ; -2.87% ; 5.87%
• Property Sector : 1,486.43 ; -3.39% ; 17.81%
• Services Sector : 1,609.22 ; 0.62% ; 7.93%
• Mining and Oil Sector : 6,216.96 ; 9.56% ; 37.31%

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

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The Philippine stock market continued its winning streak last week, boosted by growing expectations of an intervention in US capital markets by the Federal Reserve and the higher-than-expected GDP of the Philippines reported for the 2nd quarter.

The main index closed at 3,365.29, up by almost 5%.

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

• PSEi : 3,365.29 ; 12.83%
• All Shares Index : 2,145.62 ; 15.33%
• Financial Sector : 866.02 ; 5.25%
• Industrial Sector : 4,768.36 ; 21.01%
• Holding Firms Sector : 1,887.13 ; 9.00%
• Property Sector : 1,538.62 ; 21.95%
• Services Sector : 1,599.26 ; 7.26%
• Mining and Oil Sector : 5,674.49 ; 25.33%

Legend: Market Sector : Week's Closing ; YTD change

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

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The Philippine stock market recovered from the previous week's slump, closing at 3,206.94, a one-week increase of 11.18%. The recovery was attributed to an easing of the US credit market worries and the reduction of the key discount rate by the Federal Reserve.

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

• PSEi : 3,206.94 ; 7.52%
• All Shares Index : 2,052.44 ; 10.33%
• Financial Sector : 857.64 ; 4.23%
• Industrial Sector : 4,473.00 ; 13.51%
• Holding Firms Sector : 1,768.68 ; 2.16%
• Property Sector : 1,464.18 ; 16.05%
• Services Sector : 1,533.21 ; 2.83%
• Mining and Oil Sector : 5,329.38 ; 17.71%

Legend: Market Sector : Week's Closing ; YTD change

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

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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.

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