Financial Market

Update
August 4-8, 2014

Date

USD
/
PHP

Open

High

Low

Last

Change %

3-Aug-14
(MON)4-Aug14
(TUES)5-Aug14
(WED)6-Aug14
(THURS)7-Aug14

43.705

43.705

43.705

43.705

0.00%

43.705

44.017

43.62

43.665

-0.09%

43.665

43.726

43.495

43.718

0.12%

43.718

44.051

43.56

43.816

0.23%

43.816

44.14

43.72

44.077

0.59%

(FRI)8-Aug-14

44.077

44.27

43.939

43.985

-0.21%

Last
44.2

44.4

44.1
44.2

44
43.9

44

Last

43.8
43.7

43.8

43.6
43.6

43.5
43.4
41854.0

43.4

Last

43.2
43
41854.0 41855.0 41856.0 41857.0 41858.0 41859.0

41855.0

41856.0

41857.0

41858.0

41859.0

Stock Market
August 4-8, 2014

A
L
L
S
H
A
R
E
S

Date

Open

High

Low

Last

Vol.

Change %

4-Aug-14

4119.21

4179.89

4119.21

4176.46 1.12M

1.28%

5-Aug-14

4176.68

4178.5

4161.87

4171.14 843.02K

-0.13%

6-Aug-14

4170.17

4172.7

4154.56

4157.86 656.05K

-0.32%

7-Aug-14

4156.55

4176.3

4156.55

4166.5 426.24K

0.21%

8-Aug-14

4159.33

4159.33

4118.93

4129.1 395.87K

-0.90%

Last
4190
4180
4170
4160
Last

4150
4140
Last

4130
4120
4110
4100
41855.0

41856.0

41857.0

41858.0

41859.0

P
S
E
i

Date

Open

High

Low

Last

Vol.

Change %

4-Aug-14

6873.47

7005.71

6873.47

5-Aug-14

6998.58

7000.36

6958.49

6974 76.80K

-0.35%

6-Aug-14

6971.59

6980.12

6939.36

6948.97 36.24K

-0.36%

7-Aug-14

6944.7

6978.77

6943.51

6955.21 78.18K

0.09%

8-Aug-14

6930.94

6930.94

6867.52

6880.34 54.17K

-1.08%

7050

6998.37 121.32K

1.51%

Close
7020

7000

7000
6980
6960

6950

6940

Last

6920
6900

6900
6880
6860

6850

6840
Last

6800

6750
41855.0 41856.0 41857.0 41858.0 41859.0

6820
41855.0

41856.0

41857.0

41858.0

41859.0

Close

Monday

7050
7000
6950

Last

6900
6850
6800
41855.041856.041857.041858.041859.0

PSEi soars 1.51% but fails to stay above 7,000

sentiment is showing a good sign with the release of corporate
earnings, but the market has been moving in a trading range between 6,750 and 7,000
Investors

focused on the long-term, shrugging off the trend in overseas markets and
putting the interest rate increase by Bangko Sentral ng Pilipinas in the back burner

"The market already discounted the global developments and interest rate adjustment which was not really
that big"

Harry Liu, president of Summit Securities Inc.

investors also sought bargain stocks that were heavily

battered in the past week

Raul Ruiz, RCBC Securities Inc. research head

Tuesday

7050

Close

7000
6950

Last

6900
6850
6800
41856.0
41858.0
41855.0
41857.0
41859.0

Inflation, valuation depress PHL shares, drag

PSEi down 0.35%

TheMARKETyielded to profit-taking following a sharp rally Monday.

Companies reporting first half results gave some investors reason to

buy, CORPORATEearnings were not that impressive to push the index
higher amid high valuations

The higher-than-expected JulyINFLATIONalso added to the selling

pressure

Inflation quickened to 4.9 percent in July, the fastest in nearly three years,

FOOD PRICESandCOST OF UTILITIES, the Philippine Statistics Authority (PSA)

report

Manny Cruz , Asiasec Securities Inc. market strategist

WEDNESDAY

7050

Close

7000
6950

Last

6900
6850
6800
41856.0
41858.0
41855.0
41857.0
41859.0

PHL shares fall again by 0.36% on Ukraine,

inflation concerns
"AsianSTOCKSfell broadly on Wednesday after a slump on
Wall Street and tensions over Ukraine smothered markets
with a mood of risk aversion," Reuters reported.

The higher-than-expected JulyINFLATIONalso added to

the selling pressure
investors cashed in on gains after declines overnight onWall

Streetfurther soured market sentiment after the high inflation

in July

People are either staying on the sidelines

orcashingingainsdue to lack of motivating news

THURSDAY

7050

Close

7000
6950

Last

6900
6850
6800
41856.0
41858.0
41855.0
41857.0
41859.0

PSEi marginally higher by

0.09% despite profit-taking
Profit-taking in select stocks tempered the gains carved by the PSEi as
concerns over high valuations and the tensions in Ukraine came back into
the market Thursday.
Investors positioned in stocks that reported good earnings results earlier in
the day

investors, driven by corporate earnings, bought into the market.

Investors are taking positions ahead of companies that have yet to report
second quarter earnings
Market driven by the mining and oil sector, and holding companies.

FRIDAY

7050

Close

7000
6950

Last

6900
6850
6800
41856.0
41858.0
41855.0
41857.0
41859.0

PSEi drops 1.08% on geopolitical

tension in Ukraine, Middle East
Heightened geopolitical tension in Ukraine and in
the Middle East caused global market sell-off
Investor started pocketing gains or turned
cautious due to negative sentiment
started selling due to high valuations as the
market is trading at a P/E ratio of 19.5 times

CORPORATE UPDATES

PLDT invests EUR333Mil (Php20Bil) for a 10%

stake in Rocket

PGOLD Branching out: operation of puregold

minimarts plus joint venture with Lawson to
operate convenience stores in the country

JFC: Targets expansion to Malaysia and

Indonesia

Sources

http://www.gmanetwork.com/news/story/373299/economy/business/psei-soars-1-51-but-fails-to-stay-above-7000

http://www.gmanetwork.com/news/story/373463/economy/business/inflation-valuation-depress-phl-shares-drag
-psei-down-035

http://www.gmanetwork.com/news/story/373632/economy/business/phl-shares-slip-in-2nd-successive-session-on
-ukraine-inflationconcerns

http://www.gmanetwork.com/news/story/373808/economy/business/psei-marginally-higher-despite-profittaking

http://www.gmanetwork.com/news/story/373989/economy/business/psei-drops-on-geopolitical-tension-in-ukrai
ne-middleeast

http://www.investing.com/currencies/usd-php-historical-data

http://www.investing.com/indices/phs-all-shares-historical-data

http://www.investing.com/indices/psei-composite-historical-data

http://www.gmanetwork.com/news/archives/economy/business?p=1