Philippine Stock Exchange: Wrap-Up Report – March 16, 2017

MANILA, Philippines – The Philippine Stock Exchange Index (PSEi) inched higher today, March 16, 2017. The main index closed at 7,278.60, up by 24.81 points or 0.34 percent. The broader All Shares is up by 0.28 percent.

All sectors were up, with the exception of the Mining sector. The best performing sector is the Industrial sector, up by 0.46 percent. Within this universe, PPC went up by 6.38 percent, to close at 5.00. MWIDE closed at 15.80, up by 4.08 percent. VITA was up by 2.58 percent at 1.59. FPH closed at 72.80, higher by 1.82 percent. PCOR was also up by 1.82 percent at 8.96. DNL was up by 1.27 percent at 12.78. URC was up as well by 1.21 percent at 167.

The worst performing sector is the Mining sector, down by 0.57 percent. Within the space, nickel miners were mixed. NIKL was up by 2.74 percent at 6.37, while FNI was down by 2.86 percent at 2.38. MARC remained unchanged at 1.80. Gold miners were mostly up as PX was up by 1.36 percent at 8.92. AT was up by 0.19 percent at 5.37.

The most active stocks include BDO with P542.66 million, ICT with P461 million, and SMPH with P295.20 million.

The significant gainers include BHI by 12.50 percent, LMG by 8.67 percent, APL by 8 percent, MRC by 7.87 percent, OV by 7.69 percent, PPC by 6.38 percent, and CEI by 5.77 percent.

The significant losers include PIZZA by 3.87 percent, BSC by 3.64 percent, and BRN by 3.13 percent.

There were 102 advancers, 76 decliners while 47 names remain unchanged.

The market turnover totaled P6.14 billion. Foreigners bought P3.46 billion worth of Philippine equities and sold P3.58 billion resulting to a net foreign selling of P118.17 million.

On a 30-day trading period, PSEi is on a Net Foreign Selling worth PHP7,161,073,749.61.

PSEi - Philippine Stock Exchange Index - Foreign Fund Flow - March 16, 2017

To interpret the chart below, please note that the farther the stock from the center of the circle, the bigger is the Net Foreign Buying. The closer the stock to the center of the circle, the bigger is the Net Foreign Selling. These 50 stocks in this chart are the 50 stocks with the biggest total turnover value.

PSEi - Philippine Stock Exchange Index - Top 50 Stocks Foreign Fund Flow - March 16, 2017

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About the Author
The Stock Signals Philippines is the online news media arm of Equilyst Analytics. Inc., an SEC-registered stock market consultancy firm in the Philippines that guides Filipinos on long-term investing and short-term trading and offers mentoring services.

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