PSEi reaches new all-time high (Sept 2017)

James Ryan Jonas

UPDATE: On September 15, 2017, the PSEi reached another record high. It closed at 8,180.85 points, up +0.44% from the previous all-time high level. This is now the latest all-time high of the PSEi so far.

Philippine stocks ended today with another record, as the Philippine Stock Exchange index (PSEi) reached a brand new all-time high, closing at 8,144.91 points.

All-time high of 8,144.91

Stocks were up +1.13% from yesterday’s trading, and even registered another record after reaching an intra-day high of 8,169.64 points.

Today’s PSEi closing was the highest ever, tracked only by the 8,127.48 level recorded on April 10, 2015.

Year-to-date, that is, from January to September 2017, the Philippine stock index has already booked a +19.10% gain.

Local stocks are said to have benefited from yesterday’s record gains from US stock indices (Dow Jones, Nasdaq, and S&P 500) following easing tension in North Korea.

Top Gaining and Actively Traded Stocks

The Property sector led the rally, rising by +1.79% in one day followed by the Holding Firms sector which booked a +1.56% gain.

Top gaining stocks for the day were MRC Allied Inc. (MRC, up +13.64%), Harbor Star Shipping Services (TUGS, up +13.30%), and Bright Kindle Resources & Investments (BKR, up +12.58%).

The most actively traded stocks were Ayala Land Inc. (ALI, up +1.15%), Universal Robina Corp. (URC, no price change), and SM Prime Holdings (SMPH, up +2.99%).

List of the 10 highest gainers, decliners, and actively traded stocks below.

Top 10 Stock Gainers – Sept. 14, 2017

  1. MRC Allied Inc. (MRC): +13.64%
  2. Harbor Star Shipping Services (TUGS): +13.30%
  3. Bright Kindle Resources & Investments (BKR): +12.58%
  4. Macro-Asia Corp. (MAC): +7.32%
  5. Filipino Fund Inc. (FFI): +6.05%
  6. Paxys Inc. (PAX): +5.24%
  7. JG Summit Holdings (JGS): +4.83%
  8. Anchor Land Holdings Inc. (ALHI): +4.70%
  9. Filinvest Land Inc. (FLI): +4.23%
  10. Manila Broadcasting Co. (MBC): +4.17%

Top 10 Stock Losers – Sept. 14, 2017

  1. Bogo-Medellin Milling Co. (BMM): -14.38%
  2. Phinma Petroleum and Geothermal Inc. (PPG): -5.45%
  3. Jolliville Holdings Corp. (JOH): -4.75%
  4. Makati Finance Corp. (MFIN): -4.67%
  5. Double Dragon Properties Corp. (DD): -4.67%
  6. AsiaBest Group International (ABG): -4.44%
  7. Pacifica, Inc. (PA): -3.77%
  8. Nickel Asia Corp. (NIKL): -3.65%
  9. Concrete Aggregates Corp. (CA): -3.61%
  10. Manila Bulletin Publishing Corp. (MB): -3.51%

Top 10 Most Actively Traded Stocks – Sept. 14, 2017

  1. Ayala Land Inc. (ALI): +1.15%
  2. Universal Robina Corp. (URC): no price change
  3. SM Prime Holdings (SMPH): +2.99%
  4. SM Investments Corp. (SM): +1.60%
  5. Bloomberry Resorts Corp. (BLOOM): -0.36%
  6. Megaworld Corp. (MEG): +1.52%
  7. Banco de Oro (BDO): +0.78%
  8. Metro Pacific Investments Corp. (MPI): -0.29%
  9. Metrobank (MBT): +0.34%
  10. Ayala Corp. (AC): -0.05%
James Ryan Jonas teaches business management, investments, and entrepreneurship at the University of the Philippines (UP). He is also the Executive Director of UP Provident Fund Inc., managing and investing P3.2 Billion ($56.4 Million) worth of retirement funds on behalf of thousands of UP employees.