PHStocks Week in Review: History in the Making

Manila—(PHStocks)—If last week was phenomenal, this week has been historical; one that would go down in the annals of the Philippine stock market history.

Philippine stocks opened the week of January 7 on strong note, with the bellwether Philippine Stock Exchange index (PSEi) gaining 1.23% to close the trading day at a record high 6,044.91 – the first time that PH stocks breached the 6,000-point mark.

On Tuesday, January 8, the PSEi managed to even out the early profit taking in the market by closing at 6,048.9.

The rally continued on Wednesday, January 9, as PH stocks marked the sixth trading day of the year with another record high 6,091.18, up by 0.7% and gaining ground from the previous day’s almost-flat growth.

Of course, profit-taking is always at bay when stocks are on the rise. And PH stocks are not exempted. On Thursday, January 10, a whopping PhP23.2 billion worth of shares changed hands in the market as the PSEi slid by 1.19%. The positive note despite this, however, is that the index maintained its foothold in the 6,000-pt territory, closing the day at 6,018.57.

Capping the week is a market rebound on Friday, January 11, with the PSEi gaining 0.55% to close at 6,051.75 – up by 1.34% from last week and 6.04% over a four-week period.

Below are the top 30 gainers for the week:

• Imperial Resources Inc. “B” (PSE: IMPB): PhP49.50, +50%
• Century Peak Metals Holdings Corporation (PSE: CPM): PhP1.15, +32.18%
• Nickel Asia Corporation (PSE: NIKL): PhP20.25, +21.99%
• D&L Industries Inc. (PSE: DNL): PhP4.98, +14.22%
• Century Properties Group Inc. (PSE: CPG): PhP1.79, +14.01%
• Minerales Industrias Corporation (PSE: MIC): PhP6.80, +13.14%
• Philex Petroleum Corporation (PSE: PXP): PhP32.85, +12.5%
• Mabuhay Holdings Corporation (PSE: MHC): PhP0.46, +12.2%
• Unioil Resources & Holdings Company Inc. (PSE: UNI): PhP0.28, +12%
• Trans-Asia Oil and Energy Development Corp. (PSE: TA): PhP1.45, +10.69%
• Oriental Petroleum and Minerals Corporation “B” (PSE: OPMB): PhP0.022, +10%
• Oriental Peninsula Resources Group Inc. (PSE: ORE): PhP3.67, +9.55%
• Bogo Medellin Milling Company Inc. (PSE: BMM): PhP58, +9.43%
• Prime Orion Philippines Inc. (PSE: POPI): PhP0.60, +9.09%
• Liberty Flour Mills Inc. (PSE: LFM): PhP49, +8.89%
• Crown Equities Inc. (PSE: CEI): PhP0.074, +8.82%
• First Philippine Holdings Corporation (PSE: FPH): PhP98.05, +8.7%
• Rockwell Land Corporation (PSE: ROCK): PhP2.79, +8.14%
• Philex Mining Corporation (PSE: PX): PhP16.72, +7.87%
• PhilWeb Corp. (PSE: WEB): PhP14.02, +7.85%
• Vulcan Industrial & Mining (PSE: VUL): PhP1.60, +7.38%
• Liberty Telecoms Holdings Inc. (PSE: LIB): PhP2.60, +7%
• Manulife Financial Corporation (PSE: MFC): PhP560, +6.67%
• Keppel Philippines Holdings Inc. “A” (PSE: KPH): PhP4.80, +6.67%
• Filipino Fund Inc. (PSE: FFI): PhP10.94, +6.42%
• Atlas Consolidated Mining and Development Corporation (PSE: AT): PhP20.70, +6.15%
• Lopez Holdings Corporation (PSE: LPZ): PhP6.90, +5.83%
• Aboitiz Equity Ventures Inc. (PSE: AEV): PhP56.60, +5.79%
• Solid Group Inc. (PSE: SGI): PhP2.20, +5.77%
• IP Converge Data Center Inc. (PSE: CLOUD): PhP3.70, +5.71%

Below, on the other hand, are the top 30 losers:

• Chemical Industries of the Philippines (PSE: CIP): PhP73, -41.6%
• LMG Chemicals Corporation (PSE: LMG): PhP2.10, -25.53%
• Primex Corporation (PSE: PRMX): PhP2.71, -23.45%
• F & J Prince Holdings Corporation “B” (PSE: FJPB): PhP3.20, -17.53%
• Island Information and Technology Inc. (PSE: IS): PhP0.051, -13.56%
• Euro-Med Laboratories Philippines Inc. (PSE: EURO): PhP2, -13.04%
• MRC Allied Inc. (PSE: MRC): PhP0.129, -12.24%
• Mariwasa Siam Holdings Inc. (PSE: MMI): PhP6.20, -10.14%
• Megawide Construction Corporation (PSE: MWIDE): PhP17.02, -9.08%
• Manchester International Holdings Unlimited Corp. “A” (PSE: MIH): PhP15.48, -8.40%
• Touch Solutions Inc. (PSE: TSI): PhP9.18, -8.02%
• Swift Foods Inc. (PSE: SFI): PhP0.14, -7.89%
• iPeople Inc. (PSE: IPO): PhP8.70, -7.45%
• IPVG Corporation (PSE: IP): PhP0.63, -7.35%
• Federal Resources Investment Group Inc. (PSE: FED): PhP11.50, -7.11%
• Manchester International Holdings Unlimited Corp. “B” (PSE: MIHB): PhP15.60, -6.59%
• Apex Mining Company Inc. “B” (PSE: APXB): PhP4.49, -6.46%
• Manila Jockey Club Inc. (PSE: MJC): PhP2.67, -6.32%
• East West Banking Corporation (PSE: EW): PhP30.05, -5.65%
• MacroAsia Corporation (PSE: MAC): PhP2.53, -5.6%
• Philippine National Bank (PSE: PNB): PhP88.35, -5.46%
• Bloomberry Resorts Corp. (PSE: BLOOM): PhP12.96, -5.4%
• Victorias Milling Company Inc. (PSE: VMC): PhP1.42, -5.33%
• IRC Properties Inc. (PSE: IRC): PhP1.17, -4.88%
• Greenergy Holdings Incorporated (PSE: GREEN): PhP0.02, -4.76%
• Oriental Petroleum and Minerals Corporation “A” (PSE: OPM): PhP0.02, -4.76%
• LT Group Inc. (PSE: LTG): PhP12.88, -4.45%
• GT Capital Holdings Inc. (PSE: GTCAP): PhP645, -4.3%
• Calapan Ventures Inc. (PSE: H2O): PhP4.30, -4.23%
• Premiere Horizon Alliance Corporation (PSE: PHA): PhP0.34, -4.23%