PSE TRADING SUMMARY 23 – 27 March 2015

Trading Market March 23

PSEi open 7823.44 up 5.06 points or 0.06%. Index rose 1.67 points or 0.02% before recess.

Factors:

  •  SSI net profit up 63% to Php998 Mn in 2014.
  • BDO Unibank not bidding for San Miguel stake in Bank of Commerce.
  • House of Investments declares P0.003469 cash dividend for preferred shareholders.
  • EEI Corporation declares 20 centavos cash dividend.
  • LT Group, Inc. reports 50% drop to P4.2 Bn net income in 2014 vs. Php 8.7 Bn in 2013.
  • San Miguel Pure Foods posts P3.8 Bn net income in 2014.
  • Ayala Corporation named as Best Managed Company by Finance Asia in PH for 2nd consecutive year.
  • Philippines 4Q current account surplus $4.7 Bn.
  • Meralco, Osaka Gas review $2-B project.

Most Actives:

Actives 23 March

PSE Index close 7,840.49 up 22.11 points or 0.28%.

Forex $1.00 = Php 44.82

 


 

Trading Market March 24

PSEi open 7842.35 up 1.86 points or 0.02%.

Factors:

  •  Security Bank announces Php 1.00/share dividend.
  • San Miguel stays keen on airport development.
  • Court order starts rehabilitation of PWU.
  • SEC approved the merger with Company E Corp., owner of Eunilaine Foodmart & Grocer E Supermart.
  • Jollibee may open stores in Japan, Canada, Middle East and Europe.
  • ADB sees 2015 Philippine growth at 6.4%, cuts inflation projection to 2.8% from 4.1% in December.
  • ICTSI to invest US$130 Mn to upgrade Basra Gateway Terminal.

Most Actives:

Actives 24 March

PSE Index close 7,828.94 down 11 points or 0.15% after 3-day rally.

Forex $1.00 = Php 44.67

 


 

Trading Market March 25

PSEi open 7828.27 down 0.67 points or 0.01%.

Factors:

  •  Philippine GDP growth target of 7%-8%.
  • Lafarge Republic consolidated profit down almost 11% at P3.3B in 2014.
  • BCDA to bid out Clark Rail Transit System.
  • Philippine imports down 14.2% in January to $5.108 Bn vs. $5.955 Bn Jan 2013.
  • Energy Development net income Php 11.7Bn Vs 4.7Bn in 2014.
  • DoubleDragon net income hits Php 560Bn in 2014.

Most Actives:

Actives 25 March

PSE Index close 7,836.34 up 7 points or 0.09%.

Forex $1.00 = Php 44.75

 


 

Trading Market March 26

PSEi open 7839.67.

Factors:

  •  DoubleDragon ($DD) earnings soar 360% on strong sales.
  • Crown Asia Chemicals’ Php 223M IPO approved by SEC.
  • San Miguel Says 2014 net income fell 45% to Php 28.1 Bn in 2014.
  • Xurpas says 2014 profit up 60% to P190.7M.
  • San Miguel to reissue 300 million preferred shares.
  • BSP expects inflation in March to be between 2.1-2.9%.
  • Bought back 1.1M shares at an average of P9.0614/share.
  • AGF Finance declares 47 centavos cash dividend per common share.
  • GT Capital says 2014 core profit up 38% to Php 9.1Bn.

Most Actives:

Actives 26 March

PSE Index close 7871.10 up 34.76 points or 0.44%, 20th record close.

Forex $1.00 = Php 44.83

 


 

Trading Market March 27

PSEi open 7871.37 almost flat 0.27 points or 0.00%.

Factors:

  •  DoubleDragon opens 1st CityMall, profit surged to P560.8M in 2014.
  • Shang Properties declares P0.085 cash dividend.
  • Anchor Land to pay P0.07/ share cash dividend.
  • Xurpas posts 64% jump in earnings, enters Indonesian market.
  • GTCAP net income up by 6% on autos in 2014.
  • Belle 2014 consolidated net income down by 42% to Php 2.56 Bn.
  • January imports fall by 14%.

Most Actives:

Actives 27 March

PSE Index close 7,877.96 up 6 points or 0.09%, 21st record close this year.

Forex $1.00 = Php 44.76

 

  • Facebook
  • Twitter
  • Google Plus

Comments

comments

Leave a Reply

Your email address will not be published. Required fields are marked *