Top 10 Best and Worst PSE index stocks (2011)

James Ryan Jonas

The year 2011 gave stock investors and stock traders a mix of highs and lows. The Philippine Stock Exchange index (PSEi), for one, booked a modest year-on-year gain of only 4.07% for the entire year 2011. This was in stark contrast with the PSEi’s 1-year return of 37.60% in 2010 and 63.00% in 2009.

But then again, this slight uptick seems to hide the tumultuous fluctuations in stock prices that occurred in the past year. Today, the last trading day of the year, the PSEi closed at 4,371.96. Compare this with the PSEi’s lowest level of the year of 3,705.18 recorded on February 28, 2011 and its all-time high level of 4,563.65 registered on August 2, 2011.

The same whirlwind of prices was seen in several individual stocks traded on the local bourse. We have summarized below the best- and worst-performing stocks comprising the PSE index, in terms of 1-year gain (or loss) in 2011.

Top 10 PSEi Stocks with Highest Returns in 2011

  1. Universal Robina Corp. (URC) : +36.77%
  2. Globe Telecom (GLO) : + 35.00%
  3. Philex Mining Corp. (PX) : +32.30%
  4. JG Summit Holdings (JGS) : +23.21%
  5. Semirara Mining Corp. (SCC) : 20.00%
  6. International Container Terminal Services Inc. (ICT) : +17.56%
  7. First Gen Corp. (FGEN) : +17.41%
  8. SM Prime Holdings (SMPH) : +15.99%
  9. DMCI Holdings Inc. (DMC) : +15.28%
  10. Belle Corp. (BEL) : +10.00%

Top 10 PSEi Stocks with Lowest Returns in 2011

  1.  Cebu Air Inc. (CEB) : -42.68%
  2. Megaworld Corp. (MEG) : -32.26%
  3. Robinsons Land Corp. (RLC) : -29.94%
  4. San Miguel Corp. (SMC) : -28.27%
  5. SM Development Corp. (SMDC) : -24.44%
  6. Ayala Corp. (AC) : -22.34%
  7. Alliance Global Inc. (AGI) : -18.72%
  8. Metro Pacific Inc. (MPI) : -7.97%
  9. Ayala Land Inc. (ALI) : -7.29%
  10. Bank of the Philippine Islands (BPI) : -6.86%

Gokongwei-owned companies Universal Robina Corp. (URC) and holding firm JG Summit Corp. (JGS) were two of the best-performing stocks in the PSE index, registering gains of 36.77% and 23.21% respectively. At the same time, however, these were negated by the dismal performance of two other Gokongwei-controlled firms: Cebu Pacific operator Cebu Pacific (CEB) shedding 42.68% in value and real estate company Robinsons Land Corp. (RLC) losing 29.94% in 2011.

Companies under the Ayala Group, however, mostly dropped this year. The clan’s holding firm, Ayala Corporation (AC) was down 22.34% in 2011 while two other Ayala companies also declined in value: Ayala Land (ALI) lost 7.29% and Bank of the Philippine Islands (BPI) lost 6.86%.

An analysis of which industries performed well (or worse) will be in our succeeding article, together with a listing of the stocks that are not part of the PSE index that registered the highest gains or the largest losses in price.

Just a preview: Lepanto Consolidated Mining Company (LC)‘s stock price rose an amazing 241.30% in 2011 and yet is still not the highest-gainer among all Philippine stocks. Watch out for this in our next article next week.

For now, here is the overall performance of the PSEi stocks with their gains and losses in 2011.

Table: Stock Prices and Returns of PSE index stocks in 2011


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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.