PSE Weekly Stock Market Update (Aug. 21-24)



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.

Top 10 Gainers

  1. NIHAO MINERAL RESOURCES INT’L, INC. (NI) – 11.50 ; 57.53%
  2. MULTITECH INVESTMENTS CORPORATION (MIC) – 4.80 ; 57.38%
  3. PREMIERE ENTERTAINMENT PRODUCTIONS, INC. (PEP) – 0.58 ; 52.63%
  4. GEOGRACE RES. PHIL., INC. (GEO) – 1.56 ; 47.17%
  5. MABUHAY HOLDINGS CORPORATION (MHC) – 0.74 ; 42.31%
  6. EEI CORPORATION (EEI) – 3.95 ; 38.60%
  7. VITARICH CORPORATION (VITA) – 0.36 ; 38.46%
  8. EVER-GOTESCO RESOURCES & HOLDINGS, INC. (EVER) – 0.22 ; 37.50%
  9. A. BROWN COMPANY, INC. (BRN) – 1.36 ; 36.00%
  10. MRC ALLIED INDUSTRIES, INC. (MRC) – 0.62 ; 34.78%

Top 10 Losers

  1. CITYLAND DEVELOPMENT CORPORATION (CDC) – 2.00 ; (16.67%)
  2. FILIFINO FUND, INC. (FFI) – 6.90 ; (5.48%)
  3. INFORMATION CAPITAL TECH. (ICTV) – 2.18 ; (5.22%)
  4. FILINVEST DEVELOPMENT CORPORATION (FDC) – 5.50 ; (5.17%)
  5. PANCAKE HOUSE, INC. (PCKH) – 8.00 ; (4.76%)
  6. CEBU PROPERTY VENTURE & DEV’T CORP. "A" (CPV) – 1.70 ; (4.49%)
  7. CEBU PROPERTY VENTURE & DEV’T CORP. "B" (CPVB) – 1.72 ; (4.44%)
  8. EAST ASIA POWER RESOURCES CORPORATION (PWR) – 0.27 ; (3.57%)
  9. ALSONS CONSOLIDATED RESOURCES, INC. (ACR) – 0.720 ; (2.70%)
  10. GINEBRA SAN MIGUEL, INC. (GSMI) – 24.00 ; (2.04%)

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

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1 thought on “PSE Weekly Stock Market Update (Aug. 21-24)”

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