PSE Weekly Stock Market Update (Sept. 17-21)



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.

Top 10 Gainers

  1. CENTRAL AZUCARERA DE TARLAC (CAT) – 3.65 ; 43.14%
  2. NIHAO MINERAL RESOURCES INT’L, INC. (NI) – 14.00 ; 24.44%
  3. MULTITECH INVESTMENTS CORPORATION (MIC) – 5.70 ; 22.58%
  4. APC GROUP, INC. (APC) – 0.76 ; 20.63%
  5. LEPANTO CONSOLIDATED MINING COMPANY "A" (LC) – 0.360 ; 20.00%
  6. WELLEX INDUSTRIES, INC. (WIN) – 0.37 ; 19.35%
  7. ABACUS CONS. RES. & HOLDINGS, INC. "B" (ABAB) – 0.01 ; 18.18%
  8. EVER-GOTESCO RESOURCES & HOLDINGS, INC. (EVER) – 0.26 ; 18.18%
  9. PICOP RESOURCES, INC. (PCP) – 0.39 ; 18.18%
  10. SINOPHIL CORPORATION (SINO) – 0.390 ; 18.18%

Top 10 Losers

  1. ACESITE (PHILS.) HOTEL CORPORATION (DHC) – 5.10 ; (36.25%)
  2. ZEUS HOLDINGS, INC. (ZHI) – 0.53 ; (24.29%)
  3. MEDCO HOLDINGS, INC. (MED) – 0.54 ; (16.92%)
  4. SEAFRONT RESOURCES CORPORATION (SPM) – 1.12 ; (13.85%)
  5. PRIME GAMING PHILIPPINES, INC. (PGPI) – 130.00 ; (13.33%)
  6. CHEMREZ TECHNOLOGIES, INC. (COAT) – 4.00 ; (12.09%)
  7. GOTESCO LAND, INC. "B" (GOB) – 0.28 ; (9.68%)
  8. SWIFT FOODS, INC. (SFI) – 0.50 ; (9.09%)
  9. PACIFICA, INC. "A" (PA) – 0.17 ; (8.11%)
  10. DIZON COPPER-SILVER MINES, INC. (DIZ) – 2.95 ; (7.81%)

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

Discuss the Philippine Stock Exchange and stock trading in general in PMT's Stock Trading Discussion Forum.Top 10 Gainers

  1. CENTRAL AZUCARERA DE TARLAC (CAT) – 3.65 ; 43.14%
  2. NIHAO MINERAL RESOURCES INT’L, INC. (NI) – 14.00 ; 24.44%
  3. MULTITECH INVESTMENTS CORPORATION (MIC) – 5.70 ; 22.58%
  4. APC GROUP, INC. (APC) – 0.76 ; 20.63%
  5. LEPANTO CONSOLIDATED MINING COMPANY “A” (LC) – 0.360 ; 20.00%
  6. WELLEX INDUSTRIES, INC. (WIN) – 0.37 ; 19.35%
  7. ABACUS CONS. RES. & HOLDINGS, INC. “B” (ABAB) – 0.01 ; 18.18%
  8. EVER-GOTESCO RESOURCES & HOLDINGS, INC. (EVER) – 0.26 ; 18.18%
  9. PICOP RESOURCES, INC. (PCP) – 0.39 ; 18.18%
  10. SINOPHIL CORPORATION (SINO) – 0.390 ; 18.18%

Top 10 Losers

  1. ACESITE (PHILS.) HOTEL CORPORATION (DHC) – 5.10 ; (36.25%)
  2. ZEUS HOLDINGS, INC. (ZHI) – 0.53 ; (24.29%)
  3. MEDCO HOLDINGS, INC. (MED) – 0.54 ; (16.92%)
  4. SEAFRONT RESOURCES CORPORATION (SPM) – 1.12 ; (13.85%)
  5. PRIME GAMING PHILIPPINES, INC. (PGPI) – 130.00 ; (13.33%)
  6. CHEMREZ TECHNOLOGIES, INC. (COAT) – 4.00 ; (12.09%)
  7. GOTESCO LAND, INC. “B” (GOB) – 0.28 ; (9.68%)
  8. SWIFT FOODS, INC. (SFI) – 0.50 ; (9.09%)
  9. PACIFICA, INC. “A” (PA) – 0.17 ; (8.11%)
  10. DIZON COPPER-SILVER MINES, INC. (DIZ) – 2.95 ; (7.81%)

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

Discuss the Philippine Stock Exchange and stock trading in general in PMT’s Stock Trading Discussion Forum.Top 10 Gainers

  1. CENTRAL AZUCARERA DE TARLAC (CAT) – 3.65 ; 43.14%
  2. NIHAO MINERAL RESOURCES INT’L, INC. (NI) – 14.00 ; 24.44%
  3. MULTITECH INVESTMENTS CORPORATION (MIC) – 5.70 ; 22.58%
  4. APC GROUP, INC. (APC) – 0.76 ; 20.63%
  5. LEPANTO CONSOLIDATED MINING COMPANY "A" (LC) – 0.360 ; 20.00%
  6. WELLEX INDUSTRIES, INC. (WIN) – 0.37 ; 19.35%
  7. ABACUS CONS. RES. & HOLDINGS, INC. "B" (ABAB) – 0.01 ; 18.18%
  8. EVER-GOTESCO RESOURCES & HOLDINGS, INC. (EVER) – 0.26 ; 18.18%
  9. PICOP RESOURCES, INC. (PCP) – 0.39 ; 18.18%
  10. SINOPHIL CORPORATION (SINO) – 0.390 ; 18.18%

Top 10 Losers

  1. ACESITE (PHILS.) HOTEL CORPORATION (DHC) – 5.10 ; (36.25%)
  2. ZEUS HOLDINGS, INC. (ZHI) – 0.53 ; (24.29%)
  3. MEDCO HOLDINGS, INC. (MED) – 0.54 ; (16.92%)
  4. SEAFRONT RESOURCES CORPORATION (SPM) – 1.12 ; (13.85%)
  5. PRIME GAMING PHILIPPINES, INC. (PGPI) – 130.00 ; (13.33%)
  6. CHEMREZ TECHNOLOGIES, INC. (COAT) – 4.00 ; (12.09%)
  7. GOTESCO LAND, INC. "B" (GOB) – 0.28 ; (9.68%)
  8. SWIFT FOODS, INC. (SFI) – 0.50 ; (9.09%)
  9. PACIFICA, INC. "A" (PA) – 0.17 ; (8.11%)
  10. DIZON COPPER-SILVER MINES, INC. (DIZ) – 2.95 ; (7.81%)

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

Discuss the Philippine Stock Exchange and stock trading in general in PMT's Stock Trading Discussion Forum.

2 thoughts on “PSE Weekly Stock Market Update (Sept. 17-21)”

  1. Got my first letter yesterday! Loved it. I feel like I’m a part of something fantastic that is just starting to take place. Feeling a strange sensation of community around it all. Maybe you’re on to something here! Who would have ever thought that persons would in fact print out words on paper just to have it sent in the mail to another person’s mailbox. Next thing you know, peoe might be growing their own food and walking or riding bikes everywhere. It’ll hardly ever get the job done, damn progress.

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