PSE Index Weekly Update: Index Closes at 7,238.46

PSE Index as of January 15, 2021. The Philippine Stock Exchange Index (PSEi) closed the week at 7,238.46, 0.7% down from the previous week’s close of 7,289.88 but 1.4% up on a year-to-date basis.

Year-to-date index-stock leaders include FGEN (up 13.7%), TEL (up 9.2%), MEG (up 5.1%), BPI (up 4.9%), and BDO (also up 4.9%). At the bottom of the list are: PGOLD (down 6.6%), DMC (down 3.9%), RRHI (down 3.1%), AGI (down 2.3%), and GTCAP (down 2.2%). Also see Blue Chips.

The PSE Index now stands at an RSI (relative strength index) of 55.95, which is still in the bullish area; it is, however, currently trending down.

Immediate resistance level is at 7,305 while support levels are still at 7,050 and 6,740.

Resistance: 7,305

Support: 7,050 and 6,740

PSEi Chart
PSE Index Chart