PSE Weekly Stock Market Update (Oct. 1-5)

James Ryan Jonas

The 25 basis points rate cut by the Bangko Sentral ng Pilipinas last week pushed the Philippine Stock Exchange Index (PSEi) up week-on-week by 5.68%.

The bourse closed last week at 3,775.91, with total year-to-date returns of 26.6%.

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 : 3,775.91 ; 5.68% ; 26.60%
  • All Shares Index : 2,362.97 ;  6.12% ; 27.02%
  • Financial Sector : 962.69 ; 5.96% ; 16.99%
  • Industrial Sector : 4,685.35 ; 2.46% ; 18.90%
  • Holding Firms Sector : 2,142.47 ; 5.38% ; 23.75%
  • Property Sector : 1,742.93 ; 8.07% ; 38.14%
  • Services Sector : 1,851.26 ; 6.36% ; 24.16%
  • Mining and Oil Sector : 7,676.02 ; 4.12% ; 69.54%

Here are last week's top 10 gainers and losers.

Top 10 Gainers

  1. ATOK BIG WEDGE COMPANY, INC. "A" (AB) – 9.20 ; 58.62%
  2. PACIFICA, INC. "A" (PA) – 0.27 ; 42.11%
  3. EAST ASIA POWER RESOURCES CORPORATION (PWR) – 0.38 ; 26.67%
  4. FILINVEST DEVELOPMENT CORPORATION (FDC) – 6.70 ; 24.07%
  5. FEDERAL CHEMICALS, INC. (FED) – 10.50 ; 23.53%
  6. MEGAWORLD CORPORATION (MEG) – 4.25 ; 23.19%
  7. PAL HOLDINGS, INC (PAL) – 8.50 ; 23.19%
  8. PHILIPPINE REALTY & HOLDINGS CORPORATION (RLT) – 0.62 ; 21.57%
  9. MULTITECH INVESTMENTS CORPORATION (MIC) – 7.50 ; 20.97%
  10. RIZAL COMMERCIAL BANKING CORPORATION (RCB) – 28.00 ; 20.43%

Top 10 Losers

  1. CADP GROUP CORPORATION (CAC) – 1.52 ; (15.56%)
  2. SEAFRONT RESOURCES CORPORATION (SPM) – 1.22 ; (12.86%)
  3. PAXYS, INC. (PAX) – 11.25 ; (11.76%)
  4. ALSONS CONSOLIDATED RESOURCES, INC. (ACR) – 0.86 ; (9.47%)
  5. PRIME MEDIA HOLDINGS, INC. (PRIM) – 0.78 ; (8.24%)
  6. JOLLIVILLE HOLDINGS CORPORATION (JOH) – 1.78 ; (6.32%)
  7. FAR EASTERN UNIVERSITY, INC. (FEU) – 825.00 ; (6.25%)
  8. ISM COMMUNICATIONS CORPORATION (ISM) – 0.045 ; (6.25%)
  9. LEPANTO CONSOLIDATED MINING COMPANY "A" (LC) – 0.34 ; (5.56%)
  10. ARANETA PROPERTIES, INC. (ARA) – 0.71 ; (5.33%)

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

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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.