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TODAY’s MARKET WATCH| SEPTEMBER 02, 2020

PSEi’s losing streak continues. The benchmark Philippine Stock Exchange index (PSEi) closed at 5,738.39 down 60.85 points or 1.05 percent lower from previous close while All Share closed at 3,474.01 down 27.25 points or 0.78 percent.

Total number of shares traded today is 1,507,902,629 valued at PHP 6.37-billion. 

More foreign investors are selling PSEi shares today

FOREIGN BUYING: Php 2,270,275,217.50

FOREIGN SELLING: Php 3,907,979,370.22

TOTAL FOREIGN: Php 6,178,254,587.72

More losers than gainers:

Total no. of gainers: 64

Total no. of losers: 111

Unchanged: 56

Top Gainers: TUGS (Harbor Star Shipping Services, Inc.), GSMI (Ginebra San Miguel, Inc), WEB (PhilWeb Corporation), MM (MerryMart Consumer Corp) and PHR (PH Resorts Group Holdings, Inc.)

Top Losers: BMM (Bogo-Medellin Milling Company, Inc), BKR (Bright Kindle Resources & Investments Inc.), DFNN, Inc., ABS (ABS-CBN Corporation) and IRC (Philippine Infradev Holdings, Inc.)

source: www.pse.com.ph

TOP MARKET DISCLOSURES

  1. SEC Confirms valuations of the P209 million advances paid by Verde Inc. to Now Corporation
  2. Cirtek Holdings Philippines corporation reissues P545.20 million short-term commercial paper


PESO-DOLLAR EXCHANGE RATE: 1 USD to 48.53 Php

Source: www.bap.org.ph

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