PSE Weekly Stock Market Update (Aug. 28-31)



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.

Top 10 Gainers

  1. SOUTHEAST ASIA CEMENT HOLDINGS, INC. (CMT) – 1.26 ; 29.90%
  2. ALLIANCE GLOBAL GROUP, INC. (AGI) – 5.60 ; 24.44
  3. FIRST ABACUS FINANCIAL HOLDINGS CORP. (FAF) – 0.99 ; 23.75
  4. HOLCIM PHILIPPINES, INC. (HLCM) – 8.00 ; 21.21
  5. ORIENTAL PETROLEUM & MINERAL CORP. "B" (OPMB) – 0.02 ; 21.05
  6. ASIA AMALGAMATED HOLDINGS CORPORATION (AAA) – 0.60 ; 20.00
  7. GOTESCO LAND, INC. "B" (GOB) – 0.30 ; 20.00
  8. PAL HOLDINGS, INC (PAL) – 6.80 ; 19.30%
  9. EEI CORPORATION (EEI) – 4.70 ; 18.99%
  10. ORIENTAL PETROLEUM & MINERAL CORP. "A" (OPM) – 0.02 ; 16.67%

Top 10 Losers

  1. MEDCO HOLDINGS, INC. (MED) – 0.32 ; (23.81%)
  2. ACESITE (PHILS.) HOTEL CORPORATION (DHC) – 8.00 ; (19.19%)
  3. IMPERIAL RESOURCES, INC. "A" (IMP) – 14.50 ; (12.12%)
  4. BASIC PETROLEUM CORPORATION (BSC) – 0.34 ; (10.53%)
  5. APEX MINING COMPANY, INC. "B" (APXB) – 4.50 ; (10.00%)
  6. PCI LEASING & FINANCE, INC. (PCIL) – 1.80 ; (10.00%)
  7. ABACUS CONS. RES. & HOLDINGS, INC. "B" (ABAB) – 0.01 ; (9.09%)
  8. PREMIERE ENTERTAINMENT PROD., INC. (PEP) – 0.53 ; (8.62%)
  9. POLAR PROPERTY HOLDINGS CORPORATION (PO) – 3.600 ; (7.69%)
  10. FILIFINO FUND, INC. (FFI) – 6.50 ; (5.80%)

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

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