Philippine Stock Exchange: Wrap-Up Report – December 27, 2016

MANILA, Philippines – With only two trading days left in the year 2016, the Philippine Stock Exchange Index (PSEi) has recovered some ground from the slide last week. The index closed at 6,658.20, higher by 94.53 points or 1.44 percent.

All sectors rallied with the exception of the mining sector. The industrial sector led the sub-indices, rising by 2.29 percent. URC led the advances to close at P157 per share, higher by 4.67 percent than its previous close. JFC also inched higher by 1.63 percent. MER also did well rising by 2.55 percent. MWC also went up by 4.40 percent after sliding for a few days.

Holding firms also performed well rising by 1.70 percent. SM continued its advance for straight two days closing at P627 per share, higher by 1.95 percent. MPI was higher by 6.51 percent, AEV by 0.97 percent, and AGI by 1.63 percent. SMC continued its run after pausing for three days to close at 92.50, higher by 1.65 percent.

WEB had a disclosure today stating that it had requested PAGCOR to expedite the renewal of its IPLMA to which PAGCOR replied that the selection of the service provider for PAGCOR’s online gaming operations will be in accordance with RA9184, preferably through public bidding. WEB rallied to a high of P12 and went down as low as 10.20 but closed relatively flat at 11.30.

Top gainers with volume include TUGS which closed at 2.67, 15.09 percent higher. ANI also rallied by 7.83 percent to close at 4.68. SBS was also higher by 7.10 percent. MPI had a total traded value of P135.6 million and was higher by 6.51 percent today. ABA also closed a gap on the daily to close at 0.41, higher by 6.49 percent.

Top losers with volume included X, down by 7.42 percent. CAL is still in a downtrend, lower by another 5.83 percent. FNI was also one of the top losers in the day but closed lower by 5.14 percent at 2.95. ALT continued its slide after its change in par value took effect and closed at 8.91 (1.78 pre-split) down by another 5.21 percent.

Value turnover for the day totaled P3.28 billion. Foreigners bought P933.4 million but sold P1.09 billion resulting in a net foreign selling of P158 million.

On a 30-day trading period, PSEi is on a Net Foreign Selling worth PHP20,674,436,000.00.

Philippine Stock Exchange Index - Foreign Fund Flow - December 27, 2016

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.

  • 10 stocks with the biggest Net Foreign Buying: BDO, MBT, FGEN, ANI, TUGS, RFM, PHEN, COSCO, WEB, CAL
  • 10 Stocks with the biggest Net Foreign Selling: ALI, MPI, SMPH, VLL, EDC, X, FNI, MEG, DNL, CNPF

Philippine Stock Exchange Index - Top 50 Stocks Foreign Fund Flow - December 27, 2016

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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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