Top 10 best and worst PH stocks of 2017
The local stock market ended 2017 in a party mood, racking up 25.1 percent to score a fresh all-time closing high on strong investor optimism following the passage of a long-waited tax reform bill, coupled with solid economic growth.
The Philippine Stock Exchange index gained a total of of 1,717. 78 points for the full year to end at a record high 8,558.42 Friday.
2017 has been a solid year for some stocks. Lucio Tan’s MacroAsia Corp., which controls Manila airport’s foreign airline catering markets, is the top performer this year after a blistering rally that has seen its share price skyrocket by 848.1 percent to close at P22.85 Friday.
1.) MacroAsia has gained investor attention after disclosing expansion plans, which include building a new airport terminal.
The other stocks that stood out were:
2.) Easycall Communications Philippines which surged 504.6 percent to close at P18.50
3.) Integrated MicroElectronics which jumped 209.5 percent to close at P18.82,
4.) Century Peak Metals Holdings (196.36 percent to close at P1.63,
5.) Waterfront Philippines (184.06 percent at P0.98),
6.) AgriNurture (165.22 percent),
7.) MRC Allied (159.69 percent),
8.) Harbor Star Shipping Service (154.15 percent),
9.) Manila Jockey Club (150 percent),
10.) 2Go Group (141.88 percent).
The worst performing stock was:
1.) Cemex Holdings Philippines which plunged 56.04 percent to P4.88 per share.
Completing the top 10 losers list are:
2.) NIhao Mineral Resources (-46.64 percent),
3.) Dizon Copper Silver Mines (-42.65 percent),
4.) Apex Mining (-40.84 percent),
5.) IRC Properties (-40.8 percent),
6.) Lodestar Investment Holdings (-38.39 percent),
7.) Mabuhay Holdings (-36.46 percent),
8.) Victorias Milling Co. Inc. (-35.24 percent),
9.) Holcim Philippines (-34.67 percent), and
10.) Pepsi-Cola Products Philippines (-33.6 percent).