PSEi Update: February 13, 2012

The local bourse - PSEi ended the day in green today a relatively flat up by just 18.51 points continuing a sideways trend from last week. The said index closed at 4,802.03 up by 0.38% with trading volume reaching to Php 7.2B. All sub-indices today ended in green except for Property and Industrial down by 0.95% and a mere 0.04% respectively. One of the highlights for the day was the gain for NI (8.83%) and GEO (19.10%) which both traded on heavy volume. There were 85 advancers, 87 decliners while 38 remained unchanged.

PSEi Update: February 09, 2012

Another red day for PSEi in this volatile week, the index closing down by 36.18 points or 0.76% to 4,769.62. Trade volume reached Php7.7B with foreigners being net sellers again for the fifth straight day amounting to Php300M from Php1.5B worth of shares yesterday. Top index losers for the day were MEG (-4.22%), PX (-4.10%), and MBT (-2.95%). Only six index issues gained today out of the 30 namely URC, JFC, ALI, SMPH, ICT, and SMDC. Investors continue to displace themselves in and out of stocks and stay cautious as they watch the progress of international woes. The index may have already reached their short-term peaks as profit taking spur left and right already.

PSEi Starting a Strong Week: February 6, 2012

PSEi edged higher today closing at 4,816.33, 1.21% or 57.76 points higher from Friday's close. The benchmark index very strong reaching a high of 4,855.00 but eventually gave in to early profit takers. The Financials sub-index lead its gain today at 3.23% with SECB, PSE, and MBT gaining 6.40%, 5.79%, and 5.10% respectively. The rally was probably driven by high investor confidence due to lower interest rates and improving risk appetite of international investors. Another proof that risk appetite is improving is the significant increase in foreign buying of Philippine stocks. For the month of January, net foreign buying reached Php 16B vs. the monthly average of Php 4.8B in 2011.  

PSE Weekly Update: Jan 20 - Feb 3, 2012

The local bourse - PSE edged the week higher closing at 4,758.57 up 1.64% or 78.68 points from last week's close. The last trading day of the week ended in red after the closing bell down by 63.51 points or 1.32% from the all time high of 4,822.08. The market experienced heavy profit taking from Thursday's index gain of 2.26%. PSEi's decline last friday was headed by the Holding Firms sub-index dropping 123.76 points or 3.16%. The drop in the said sub-index was lead by Gokongwei's holding firm - JGS down 11.4% to Php 25.25 per share due to a disclosure that its affiliates sold 3% of JGS's outstanding shares at Php25 per share to international investors.

PSE Today: February 2, 2012

The Philippine benchmark index (PSEi) closed at 4,822 gaining 106.22 points or 2.26%. An all-time high today for the said index. Trade value for the day reached Php17.8B with Holding firms leading the day's gain at  3.69%. Top three actively traded stocks are SM (Php8B, +8.23%), MBT (Php671M, +2.66%), and MPI (Php524M, Unchanged). There were almost 2 gainers for each  that decline and unchanged. Among the gainers, MJIC(MJC Investments) reached its ceiling price for the day closing at 50% gain.

Stock Market (PSEi) Update: February 1, 2012

The Philippine index in its first day of its second month for 2012, ended the day in favor of the bulls.The benchmark index - PSEi closed at 4,715.64; 33.20 points higher from yesterday or 0.71%. The gain was led today by the Financials Index with heavy volume from MBT, SECB, UPB, and BDO all having a trade value more than Php100M with MBT leading at Php363M. On the other hand, EDC was again still the most actively traded stock for the day amounting to Php559M; probably still due to its recent delay with one of its projects - Bacman Rehabilitation.

PSEi Today: January 30, 2012

PSEi today after a hopeful bounce last Friday ended in red at 4,644.49 down by 35.40 points or 0.76%. In the intra-day, the index hit a day-low of 4,612.12 then just closed higher minutes before the closing bell. Heavy selling was experienced today outpacing advancers by decliners with a stat of of 48-113-42 advancers, decliners, and unchanged. Lopez stocks were the day's highlight, the three stocks namely,  FPH, FGEN, and EDC declined sharply by 7.82%, 9.97%, and 10.16% respectively.