PSEi Market Update (June 1, 2020)

PSEi: 5930.17 (+91.33, +1.56%)

The PSEi opened on the negative and as the day progressed, the index continued to rise ending at positive 1.56%. Today is a continued trend from Fridays massive jump of greater than 5%. We maintain our position in holding on and observing the market further as there are too many unknown variables that the Philippine market has to deal with, such as Covid-19, mass testing, and negative foreign investment over the past months.

Most Active: SM, GTCAP, SECB, AC, SMPH

Symbol (Last Price Php, % Change)

Top Gainers:
VVT (15.00, 24.58%)
APL (0.049, 19.51%)
MAC (4.71, 14.60%)
KPH (5.30, 12.05%)
IS (0.028, 10.91%)

Worst Losers:
EVER (0.105, 12.50%)
PRC (7.50, 10.61%)
REG (2.59, 10.07%)
PBB (9.02, 8.80%)
PHR (2.45, 6.13%)