Despite a surge right after the Erap guilty verdict was handed out, the Philippine Stock Exchange (PSE) closed slightly lower last week, with most investors remaining on the sidelines waiting for the results of the US Federal Reserve policy meeting on September 18.
The main index closed at 3,294.55, down by 1.5% from the previous week.
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 : 3,294.55 ; -1.15% ; 10.46%
- All Shares Index : 2,086.74 ; -1.44% ; 12.17%
- Financial Sector : 868.60 ; -1.25% ; 5.56%
- Industrial Sector : 4,436.10 ; -2.42% ; 12.58%
- Holding Firms Sector : 1,837.97 ; 0.28% ; 6.16%
- Property Sector : 1,439.35 ; -3.17% ; 14.08%
- Services Sector : 1,605.35 ; -0.24% ; 7.67%
- Mining and Oil Sector : 6,426.36 ; 3.37% ; 41.93%
Here are this week's top 10 gainers and losers.
Top 10 Gainers
- MEDCO HOLDINGS, INC. (MED) – 0.65 ; 51.16%
- JTH DAVIES HOLDINGS, INC. (JTH) – 25.50 ; 25.93%
- SEAFRONT RESOURCES CORPORATION (SPM) – 1.30 ; 16.07%
- CADP GROUP CORPORATION (CAC) – 1.80 ; 12.50%
- PACIFICA, INC. "A" (PA) – 0.185 ; 12.12%
- LEPANTO CONSOLIDATED MINING COMPANY "A" (LC) – 0.30 ; 11.11%
- ALSONS CONSOLIDATED RESOURCES, INC. (ACR) – 0.83 ; 10.67%
- DIZON COPPER-SILVER MINES, INC. (DIZ) – 3.20 ; 10.34%
- POLAR PROPERTY HOLDINGS CORPORATION (PO) – 3.90 ; 9.86%
- THE PHILODRILL CORPORATION "A" (OV) – 0.025 ; 8.70%
Top 10 Losers
- INTERPHIL LABORATORIES, INC. "B" (ILIB) – 0.71 ; (30.39%)
- FEDERAL CHEMICALS, INC. (FED) – 8.00 ; (21.95%)
- LORENZO SHIPPING CORPORATION (LSC) – 1.16 ; (17.14%)
- FIRST ABACUS FINANCIAL HOLDINGS CORP. (FAF) – 0.85 ; (15.00%)
- REPUBLIC GLASS HOLDINGS CORPORATION (REG) – 1.70 ; (15.00%)
- ABOITIZ TRANSPORT SYSTEM CORPORATION (ATS) – 1.54 ; (13.48%)
- ETON PROP. PHILS., INC. (ETON) – 3.65 ; (13.10%)
- ALLIANCE TUNA INT'L. INC. (TUNA) – 1.76 ; (12.00%)
- CITISECONLINE.COM, INC. (COL) – 10.50 ; (10.64%)
- PNOC EXPLO. CORPORATION "B" (PECB) – 25.00 ; (9.09%)
Legend: STOCK NAME (CODE) – Last Traded Price ; 1-Week % Change
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