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.