For several weeks now, the Philippine Stock Exchange index (PSEi) has been rising to all-time high levels. In fact, as of October 12, 2017, the PSEi has increased in value by almost +23% year-to-date.
Several traders and investors surely have made money due to the price surge, but interestingly, there were still unfortunate ones who got stuck in losing stocks.
For one, this year’s biggest price loser is Imperial Resources, Inc. (IMP), whose stock has sunk in value by almost -70%.
The PSE’s next biggest loser is Cemex Holdings Phils. (CHP), which has declined by -54.52% this year.
Completing the Top 5 Losers list are:
- Philab Holdings Corp. (DNA): down -48.59%
- Nihao Mineral Resources (NI): down -39.65%
- 8990 Holdings Inc. (HOUSE): down -33.24%
Want to know which stocks severely underperformed the index this year?
Here’s a list of 20 stocks that bucked the PSEi’s rising trend and are currently booking year-to-date losses of at least -20%. Ouch!
20 Biggest Stock Losers in the PSE
|Stock Code||Company||Last Traded Price||Jan-Oct 2017 Price Change %|
|1||IMP||Imperial Resources, Inc.||2.84||-69.54%|
|2||CHP||Cemex Holdings Phils.||5.03||-54.52%|
|3||DNA||Philab Holdings Corp.||4.73||-48.59%|
|4||NI||NIHAO Mineral Resources||1.72||-39.65%|
|5||HOUSE||8990 Holdings Inc.||4.94||-33.24%|
|7||DIZ||Dizon Copper Silver Mines||8.29||-31.37%|
|8||APX||Apex Mining Co. "A"||1.87||-29.43%|
|9||IS||Island Information & Technology||0.157||-26.29%|
|10||IRC||IRC Properties Inc.||0.90||-25.62%|
|11||HLCM||Holcim Phils. Inc.||12.28||-25.58%|
|14||LIHC||Lodestar Investment Holdings Corp.||0.86||-23.89%|
|15||FJPB||F&J Prince Holdings Corp. "B"||5.70||-23.80%|
|16||VMC||Victorias Milling Co.||3.49||-22.79%|
|19||CAB||Concrete Aggregates "B"||95.00||-20.83%|
|20||PTC||Philippine Trust Co.||111.00||-20.66%|
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