TODAY’s MARKET WATCH| SEPTEMBER 09, 2020
After days of recovery, PSEi slides back to red territory. The benchmark Philippine Stock Exchange index (PSEi) closed at 5,932.84 down 101.19 points or 1.68 percent while All Share closed at 3,562.56 down 42.02 points or 1.17 percent.
Total number of shares traded today is 838,179,387 valued at PHP 5.104-billion.
More foreign investors are selling PSEi shares today
FOREIGN BUYING: Php 1,995,740,859.29
FOREIGN SELLING: Php 2,538,771,262.66
TOTAL FOREIGN: Php 4,534,512,121.95
More losers than gainers:
Total no. of gainers: 78
Total no. of losers: 118
Top Gainers: MVC (Mabuhay Vinyl Corporation), GPH (Grand Plaza Hotel Corporation), ACEN (AC Energy Philippines, Inc.), AGI (Alliance Global Group, Inc.) and MACAY (Macay Holdings, Inc).
Top Losers: BC (Benguet Corporation), BHI (Boulevard Holdings, Inc.), MG (Millennium Global Holdings, Inc.), ORE (Oriental Peninsula Resources Group, Inc.) and HLCM (Holcim Philippines, Inc.).
TOP MARKET DISCLOSURES
- Philippine Infradev Holdings, Inc. subsidiary executes EPC contract with China Construction Second Engineering Bureau Co. Ltd. for the Makati Subway Project
- Alsons Consolidated Resources, Inc. to issue a total of P1 billion worth of commercial papers
PESO-DOLLAR EXCHANGE RATE: 1 USD to 48.66 PHP