PH Stocks: Selloff Continues on Poor US Manufacturing Data

Manila—(PHStocks)—Philippine stocks were down for the third straight session Tuesday, 4 February, amid news of poor US manufacturing data for January.

Overnight in the US, benchmark indices fell through key support levels: the Dow Jones Industrial Average closed down 326.05 points (-2.08%); S&P 500 fell 40 points (-2.28%) to 1,741.89; and Nasdaq declined by 106 points, or 2.6%.

The mainboard Philippine Stock Exchange index (PSEi) dropped below the 6,000 level, shedding as much as 2.15% or 129.29 points to close at 5,886.01. All sectors finished in the red. The Property index shed 3.44%; the Mining and Oil segment, 2.42%; and the Holding Firms sector, 2.33%. The All-Shares index dropped by 1.82%.

PSE-4-Feb-14Volume turnover was 1.14 billion shares valued at PhP6.75 billion. Foreign buying reached PhP3.6 billion while foreign selling was PhP4.71 billion. There were 29 gainers against 133 losers, while 30 stocks were flat.

Top most active in terms of value:

  1. Bank of the Philippine Islands (PSE: BPI): PhP86.55, -2.09%
  2. Philippine Long Distance Telephone Co. (PSE: TEL): PhP2,618.00, -1.95%
  3. Universal Robina Corp. (PSE: URC): PhP114.40, -2.22%
  4. Alliance Global Group Inc. (PSE: AGI): PhP26.60, -1.66%
  5. SM Prime Holdings Inc. (PSE: SMPH): PhP14.70, -3.67%
  6. Megaworld Corp. (PSE: MEG): PhP3.50, -2.23%
  7. GT Capital Holdings Inc. (PSE: GTCAP): PhP720.00, -1.1%
  8. Aboitiz Power Corp. (PSE: AP): PhP34.35, -2.55%
  9. DMCI Holdings Inc. (PSE: DMC): PhP57.50, -3.28%
  10. SM Investments Corp. (PSE: SM): PhP683.00, -2.57%

Top gainers:

  1. Euro-Med Laboratories Philippines Inc. (PSE: EURO): PhP1.56, 17.29%
  2. Manila Bulletin Publishing Corp. (PSE: MB): PhP0.70, 11.11%
  3. Keppel Philippines Properties Inc. (PSE: KEP): PhP3.00, 6.01%
  4. NextStage Inc. (PSE: NXT): PhP3.47, 4.52%
  5. Solid Group Inc. (PSE: SGI): PhP1.26, 4.13%
  6. Millennium Global Holdings Inc. (PSE: MG): PhP0.405, 2.53%
  7. PhilWeb Corp. (PSE: WEB): PhP7.99, 2.44%
  8. DFNN Inc. (PSE: DFNN): PhP5.58, 2.39%
  9. Discovery World Corp. (PSE: DWC): PhP1.99, 2.05%
  10. Araneta Properties Inc. (PSE: ARA): PhP1.50, 2.04%
  11. Benguet Corp. “B” (PSE: BCB): PhP7.70, 1.85%
  12. Premiere Horizon Alliance Corp. (PSE: PHA): PhP0.28, 1.82%
  13. Ever-Gotesco Resources & Holdings Inc. (PSE: EVER): PhP0.188, 1.62%
  14. Roxas Holdings Inc. (PSE: ROX): PhP5.65, 1.44%
  15. Philippine Estates Corp. (PSE: PHES): PhP0.38, 1.33%
  16. Coal Asia Holdings Inc. (PSE: COAL): PhP0.80, 1.27%
  17. Splash Corp. (PSE: SPH): PhP1.80, 1.12%
  18. Arthaland Corp. (PSE: ALCO): PhP0.199, 1.02%
  19. Del Monte Pacific Limited (PSE: DMPL): PhP22.70, 0.89%
  20. Asiabest Group International Inc. (PSE: ABG): PhP11.60, 0.87%

Top losers:

  1. F & J Prince Holdings Corp. “B” (PSE: FJPB): PhP2.56, -35.52%
  2. IP E-Game Ventures Inc. (PSE: EG): PhP0.013, -13.33%
  3. Manila Jockey Club Inc. (PSE: MJC): PhP1.63, -9.44%
  4. Anglo Philippine Holdings Corp. (PSE: APO): PhP1.65, -7.82%
  5. Integrated Micro-Electronics Inc. (PSE: IMI): PhP2.51, -7.38%
  6. Lepanto Consolidated Mining Co. “B” (PSE: LCB): PhP0.38, -7.32%
  7. Abra Mining & Industrial Corp. (PSE: AR): PhP0.0039, -7.14%
  8. Oriental Petroleum and Minerals Corp. “A” (PSE: OPM): PhP0.017, -5.56%
  9. ABS-CBN Holdings Corp. – Phil. Deposit Receipts (PSE: ABSP): PhP26.40, -5.38%
  10. Trans-Asia Oil and Energy Development Corp. (PSE: TA): PhP1.78, -5.32%
  11. A Brown Co. Inc. (PSE: BRN): PhP1.08, -5.26%
  12. Manila Mining Corp. “A” (PSE: MA): PhP0.018, -5.26%
  13. Calapan Ventures Inc. (PSE: H2O): PhP6.50, -5.11%
  14. ABS-CBN Corp. (PSE: ABS): PhP27.50, -5.01%
  15. Lepanto Consolidated Mining Co. “A” (PSE: LC): PhP0.38, -5%
  16. Island Information and Technology Inc. (PSE: IS): PhP0.039, -4.88%
  17. Manila Mining Corp. “B” (PSE: MAB): PhP0.021, -4.55%
  18. Leisure and Resorts World Corp. Warrants (PSE: LRW): PhP0.315, -4.55%
  19. Cebu Holdings Inc. (PSE: CHI): PhP5.45, -4.39%
  20. Medco Holdings Inc. (PSE: MED): PhP0.221, -4.33%

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