PHStocks Week in Review: Growth Continues

Local shares are on a strong growth track. The bellwether Philippine Stock Exchange index (PSEi) gained an overall 6.55% increase to finish at 4,129.54 points for the week, up from 3,875.81 points in the previous week. The wider all-shares index was also on a fast track, gaining 1.25% or 37.64 points to reach 3,043.49 points.

All counters also registered growth, with the Services index leading the pack with a 12.44% increase. The Financials index came in at second with a 6.4% gain, while the Industrials sector managed a 5% growth.

The top 30 stock price gainers for the week are as follows:

1. Imperial Resources Inc. “B” (PSE: IMPB): PhP7, +75%
2. Philippine National Bank (PSE: PNB): PhP61.1, +27.16%
3. Globe Telecom Inc. (PSE: GLO): PhP860, +22.33%
4. Cyber Bay Corp. (PSE: CYBR): PhP1.12, +21.74%
5. Vitarich Corp. (PSE: VITA): PhP0.36, +20%
6. Benguet Corp. “B” (PSE: BCB): PhP17.1, +19.25%
7. Benguet Corp. “A” (PSE: BC): PhP16.42, +18.13%
8. First Abacus Financial Holdings Corp. (PSE: FAF): PhP0.8, +17.65%
9. Anglo Philippine Holdings Corp. (PSE: APO): PhP1.87, +17.61%
10. Philippine Long Distance Telephone Co. (PSE: TEL): PhP2356, +16.4%
11. F & J Prince Holdings Corp. (PSE: FJP): PhP1.25, +13.64%
12. Ever-Gotesco Resources & Holdings Inc. (PSE: EVER): PhP0.115, +12.75%
13. Southeast Asia Cement Holdings Inc. (PSE: CMT): PhP1.7, +11.84%
14. Holcim Philippines Inc. (PSE: HLCM): PhP12.5, +11.61%
15. Prime Orion Philippines Inc. (PSE: POPI): PhP0.58, +11.54%
16. Zeus Holdings Inc. (PSE: ZHI): PhP0.196, +11.36%
17. Information Capital Technology Ventures Inc. (PSE: ICTV): PhP0.49, +11.36%
18. Berjaya Philippines Inc. (PSE: BCOR): PhP20, +11.11%
19. Keppel Philippines Properties Inc. (PSE: KEP): PhP2, +11.11%
20. MUSX Corp. (PSE: MUSX): PhP0.076, +10.14%
21. Shang Properties Inc. (PSE: SHNG): PhP1.98, +10%
22. First Philippine Holdings Corp. (PSE: FPH): PhP59.75, +9.73%
23. Ayala Corp. (PSE: AC): PhP397, +9.67%
24. Bank of the Philippine Islands (PSE: BPI): PhP59, +9.67%
25. Manchester International Holdings Unlimited Corp. “B” (PSE: MIHB): PhP1.26, +9.57%
26. Atlas Consolidated Mining & Development Corp. (PSE: AT): PhP16.08, +9.39%
27. Security Bank Corp. (PSE: SECB): PhP89.85, +8.91%
28. Lepanto Consolidated Mining Co. “B” (PSE: LCB): PhP0.52, +8.33%
29. Jollibee Foods Corp. (PSE: JFC): PhP90.9, +8.21%
30. JG Summit Holdings Inc. (PSE: JGS): PhP24.5, +8.17%