PHStocks Week in Review: On Track

The week ended January 27, 2012, saw ups and downs for the local shares. However, at the close of the market on Friday, the all-shares index posted a 0.99% gain to end at 3,168.91. The bellwether Philippine Stock Exchange Index (PSEi) closed at 4,679.89, up by nearly 1.48%.

On a sectoral basis, the Property segment posted a 3.29% gain to end the week at 1,664.41, while the Services sector went up by 2.54% to 1,728.27.

The remaining counters ended on the green zone. However, on a week-by-week basis, everyone except the Industrial index posted slight declines. The Services Index, in particular, is down by 3.23% compared last week.

Nevertheless, the performance is quite satisfactory for this first month of 2012. Hopefully, despite lingering economic concerns elsewhere in the world, the Philippine market could sustain its early performance and continue on its track. The 5,000-point mark is just around the corner.

Below are the top price gainers for the week:

1. LMG Chemicals Corporation (PSE: LMG): PhP3.01, +85.8%

2. Philippine Estates Corporation (PSE: PHES): PhP0.52, +57.58%

3. Roxas & Company, Inc. (PSE: RCI): PhP1.85, +46.83%

4. Apex Mining Company, Inc. “B” (PSE: APXB): PhP5.8, +43.21%

5. Apex Mining Company, Inc. “A” (PSE: APX): PhP5.75, +43.03%

6. Primex Corporation (PSE: PRMX): PhP3, +42.86%

7. Acesite (Philippines) Hotel Corporation (PSE: ACE): PhP5.5, +32.53%

8. Forum Pacific, Inc. (PSE: FPI): PhP0.33, +26.92%

9. Berjaya Philippines, Inc. (PSE: BCOR): PhP22.5, +24.31%

10. Synergy Grid & Development Phils., Inc. (PSE: SGP): PhP635, +22.12%

11. Philippine Seven Corporation (PSE: SEVN): PhP25.5, +21.43%

12. Mariwasa Siam Holdings, Inc. (PSE: MMI): PhP2.81, +16.6%

13. Wellex Industries, Inc. (PSE: WIN): PhP0.54, +14.89%

14. Mabuhay Holdings Corporation (PSE: MHC): PhP0.485, +14.12%

15. Bogo Medellin Milling Company (PSE: BMM): PhP63.85, +13.21%

16. Cebu Holdings Inc. (PSE: CHI): PhP3.04, +12.59%

17. Republic Glass Holdings Corporation (PSE: REG): PhP1.76, +11.39%

18. Araneta Properties Inc. (PSE: ARA): PhP0.5, +11.11%

19. Pacifica Inc. (PSE: PA): PhP0.066, +10%

20. GMA Network Inc. (PSE: GMA7): PhP8, +9.89%

21. Oriental Petroleum and Mineral Corporation “A” (PSE: OPM): PhP0.023, +9.52%

22. Easycall Communications Philippines Inc. (PSE: ECP): PhP2.08, +9.47%

23. Liberty Flour Mills, Inc. (PSE: LFM): PhP59, +9.26%

24. Greenergy Holdings Incorporated (PSE: GREEN): PhP0.012, +9.09%

25. iRipple Inc. (PSE: RPL): PhP4.8, +9.09%

26. Unioil Resources & Holdings Company Inc. (PSE: UNI): PhP0.265, +9.05%

27. NiHAO Mineral Resources International, Inc. (PSE: NI): PhP7.23, +8.4%

28. Asia Amalgamated Holdings (PSE: AAA): PhP5.2, +8.33%

29. Cityland Development Corporation (PSE: CDC): PhP1.2, +7.14%

30. AGP Industrial Corporation (PSE: AGP): PhP30.8, +7.13%