Top Ten Stocks Bought by Foreign Investors for the Week Oct 17-21,2011

In the previous blog, we discussed the top ten stocks sold by foreign investors. When I say sold by foreign investors, it means net trade. For example, Foreign investor 1 sold 1 million pesos worth of stocks of DMC while foreign investor 2 bought 500,000 pesos of DMC stocks. The difference of 500,000 pesos between the buyer and seller is called the net trade. Thus, when I say sold or bought by foreign investors, it means net trade.

I am posting the top ten stocks bought by foreign investors for the week Oct 17-21 for your own enjoyment and information.

Here you go.

TOP TEN STOCKS BOUGHT BY FOREIGN INVESTORS FOR THE WEEK(IN MILLIONS)
Ticker	17-Oct	18-Oct	19-Oct	20-Oct	21-Oct	TOTAL
MPI	(2.82)	36.45	8.96	(3.84)	(5.15)	33.59
MEG	(19.89)	5.82	38.44	15.62	1.79	41.77
MWC	5.61	(0.78)	25.62	7.68	20.96	59.08
DMC	14.47	60.74	26.73	(14.17)	11.99	99.75
SMC	30.75	37.91	16.69	4.64	15.41	105.41
ALI	17.15	8.75	55.21	7.66	18.95	107.73
PGOLD	20.95	50.58	36.78	1.03	1.10	110.45
URC	10.21	23.45	25.13	60.57	30.98	150.33
SM	26.81	72.67	92.10	30.49	61.55	283.62
TEL	20.16	31.88	18.01	125.79	91.74	287.59

Source: www2.pse.com.ph

Please go to the pse old website www2.pse.com.ph and then click the quotation reports tab for the information in the table above.

Aside from this, I am posting the stock price of these stocks. Please see below.

STOCK PRICE MOVEMENT FOR THE WEEK
Ticker	17-Oct	18-Oct	19-Oct	20-Oct	21-Oct	TREND
MPI	3.12	3.07	3.06	3.01	3.00	DOWN
MEG	1.81	1.78	1.85	1.86	1.92	UP
MWC	19.46	19.44	19.46	19.44	19.50	UP
DMC	38.15	37.50	38.00	37.05	37.60	DOWN
SMC	112.80	111.00	111.00	110.60	112.50	DOWN
ALI	16.16	15.90	15.98	15.90	15.88	DOWN
PGOLD	12.38	12.26	12.20	12.20	12.30	DOWN
URC	44.95	44.10	44.75	45.90	46.10	UP
SM	549.00	540.50	548.00	548.50	548.00	DOWN
TEL	2,200.00	2,204.00	2,214.00	2,216.00	2,232.00	UP

Source: www2.pse.com.ph

Kindly check the column trend in the table above. It is a mixed result of up and down stock prices. When I say trend, it means that stock price ended lower in Oct 21 than the stock price in Oct 17.

UP STOCKS: stocks bought by foreign investors move up in prices. Factor the demand of the Filipinos and you will have a sure winner. PGOLD IPO started Oct 5, 2011 and since then the stock has taken a beating and now is slowly taking back it's lost ground since plunging in it's IPO days. MEG is heavily affected by the recent panic stock and is slowly gaining its momentum. URC is one of the favorite of the foreign investors I think. TEL, the heavyweight stock will always be in the list of foreign investors.

DOWN STOCKS: Even if foreign investors bought these stocks, the share prices ended in red at the end of the week. One factor that contributed to the decline of the stock prices is that the traders took profit from the intraday high. DMC had climbed by more than 13% since the stock panic.

Top Ten Stocks Sold by Foreign Investors for the Week Oct 17 to 21, 2011

Alright, I’m curious about the stocks being played by foreign investors in our stock market. In one way or another, foreign trades affect the price of a certain stock. I have compiled again the top ten stocks sold by foreign investors in our stock market. I got the list from the old website of PSE which is www2.pse.com.ph. Here is the manual step by step of getting the stocks bought or sold by foreign investors.

1.      Go to Quotation Reports tab

2.      Click the Date you want to view

3.    Extract the file to excel sheet

 

Compiling the list is a tedious process that I’m willing to go through just to get a glimpse on the stocks heavily traded by foreign investors. It is one of the information that assists me in deciding the stock that I will buy or sell. I consider various factors in picking and selling stocks which includes but not limited to technical analysis and fundamental analysis. While there is no sure way of getting your capital with immediate profit because of this information, it kind of buffers some of the risks involve in your decision making. Also, it is better to have educated information to guide you in your stock pickings.

Here are the top ten stocks sold by foreign investors for the week Oct 17-21, 2011.

(IN MILLION PESOS)

Ticker	17-Oct	18-Oct	19-Oct	20-Oct	21-Oct	TOTAL
SCC	(11.40)	(65.25)	(22.82)	4.78	(49.47)	(144.16)
MBT	(61.77)	(37.86)	(32.52)	3.87	(3.54)	(131.81)
ICT	(6.06)	(14.37)	(29.97)	(35.91)	(6.27)	(92.59)
PX	(17.93)	(60.44)	15.99	(6.22)	(2.37)	(70.98)
BDO	(8.32)	26.94	8.08	(5.18)	(77.97)	(56.46)
EDC	(34.33)	1.37	2.93	(17.02)	(3.60)	(50.65)
LCB	(34.36)	(12.36)	0.31	(2.25)	(0.19)	(48.86)
BPI	(7.42)	(5.59)	(4.21)	(18.26)	0.81	(34.67)
IP	(0.95)	(1.91)	(21.91)	(1.46)	(6.98)	(33.20)
PNB	(8.01)	(0.33)	(5.95)	(6.01)	(5.81)	(26.11)

I have attached the closing price of these stocks also for your information.

Ticker	17-Oct	18-Oct	19-Oct	20-Oct	21-Oct	TREND
SCC	215.60	208.00	209.00	209.00	206.00	DOWN
MBT	69.05	67.60	67.95	67.30	67.40	DOWN
ICT	53.05	52.20	53.50	53.10	52.45	DOWN
PX	24.65	23.50	23.50	23.10	23.15	DOWN
BDO	54.40	53.70	54.10	53.45	51.80	DOWN
EDC	5.81	5.77	5.81	5.73	5.65	DOWN
LCB	1.41	1.35	1.37	1.34	1.36	DOWN
BPI	57.85	56.50	56.90	56.40	56.05	DOWN
IP	2.96	3.50	3.48	3.22	3.17	UP
PNB	57.00	55.00	55.50	53.40	52.50	DOWN

Most of the stocks mentioned above were down by the end of the week except IP.

IP is up because perhaps when foreign investors are dumping their shares, our countrymen are gulping up these shares. In essence, at the end of the day, the stock that has a greater demand than the sellers will ultimately rise no matter who the seller is whether it is a foreigner or Filipinos.

We will discuss the top ten stocks bought by foreign investors on my blog.

Happy Investing!

Update:

IP closed at 2.01 today, a staggering 36.59% decline from it's previous day price! Whew!