Due to lingering concerns in the US subprime market, the main index of the Philippine Stock Exchange (PSE) ended the week lower at 2,884.34, down by 13.96%.
Losers swamped gainers, 159 to 18. Eight shares were unchanged.
Average daily value turnover for the week was P5.008 billion.
The Year-to-Date (i.e., beginning of the year until this week) performance of the different sectors is as follows:
- PSEi : 2,884.34 ; -3.29%
- All Shares Index : 1,865.22 ; 0.26%
- Financial Sector : 791.76 ; -3.78%
- Industrial Sector : 3,951.80 ; 0.29%
- Holding Firms Sector : 1,593.25 ; -7.97%
- Property Sector : 1,310.93 ; 3.90%
- Services Sector : 1,389.63 ; -6.80%
- Mining and Oil Sector : 4,472.15 ; -1.23%
Legend: First number – Week's Closing ; Second number – YTD % change
Here are this week's top 10 gainers and losers.
Top 10 Gainers
- BANKARD, INC. (BKD) – 1.74 ; 40.32%
- ATN HOLDINGS, INC. "B" (ATNB) – 3.35 ; 34.00%
- ISLAND INFORMATION & TECHNOLOGY, INC. (IS) – 0.16 ; 33.33%
- ATN HOLDINGS, INC. "A" (ATN) – 2.85 ; 29.55%
- PANCAKE HOUSE, INC. (PCKH) – 8.40 ; 20.00%
- ARIES PRIME RESOURCES, INC. (APR) – 2.90 ; 18.85%
- CITYSTATE SAVINGS BANK, INC. (CSB) – 23.50 ; 16.05%
- ACESITE (PHILS.) HOTEL CORPORATION (DHC) – 9.90 ; 10.00%
- ATR KIMENG FINANCIAL CORPORATION (ATRK) – 3.80 ; 8.57%
- WATERFRONT PHILIPPINES, INC. (WPI) – 0.68 ; 4.62%
Top 10 Losers
- MULTITECH INVESTMENTS CORPORATION (MIC) – 3.05 ; (45.54%)
- GEOGRACE RES. PHIL., INC. (GEO) – 1.06 ; (40.45%)
- VITARICH CORPORATION (VITA) – 0.26 ; (39.53%)
- FEDERAL CHEMICALS, INC. (FED) – 9.00 ; (37.93%)
- NiHAO MINERAL RESOURCES INT'L, INC. (NI) – 7.30 ; (37.87%)
- ATOK BIG WEDGE COMPANY, INC. "A" (AB) – 5.80 ; (37.63%)
- KEPPEL PHILIPPINES. PROPERTIES, INC. (KEP) – 1.40 ; (37.50%)
- PHILIPPINE REALTY & HOLDINGS CORPORATION (RLT) – 0.34 ; (37.04%)
- EASYCALL COMM.UNICATIONS PHILIPPINES, INC. (ECP) – 4.00 ; (35.48%)
- CADP GROUP CORPORATION (CAC) – 1.42 ; (35.45%)
Legend: STOCK NAME (CODE) – Last Traded Price ; 1-Week % Change
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