PSEi stocks’ performance – Dec. 31, 2021

As the year 2021 comes to a close, investors are eagerly looking at the performance of the Philippine Stock Exchange index (PSEi) stocks. The PSEi is the main stock market index of the Philippines, composed of the top 30 companies listed on the Philippine Stock Exchange.

Overall, the PSEi has had a mixed performance in 2021. The index started the year at 7,139.75 and reached its peak at 7,466.02 in February. However, the index experienced a significant drop in March due to the COVID-19 pandemic and the subsequent lockdowns. The PSEi hit its lowest point of the year at 5,524.27 in March.

Despite the challenges brought by the pandemic, the PSEi managed to recover and reached its highest point of the year at 7,415.72 in November. As of December 31, 2021, the PSEi closed at 7,200.87, which is a 1.5% increase from its closing price of 7,091.02 on December 31, 2020.

Among the top-performing stocks in the PSEi in 2021 are Ayala Land Inc. (ALI), Ayala Corporation (AC), and SM Prime Holdings Inc. (SMPH). ALI, the largest property developer in the Philippines, saw its stock price increase by 33.5% in 2021. AC, one of the largest conglomerates in the country, had a 22.5% increase in its stock price. SMPH, the largest mall operator in the Philippines, had a 20.5% increase in its stock price.

On the other hand, some of the worst-performing stocks in the PSEi in 2021 are Jollibee Foods Corporation (JFC), Globe Telecom Inc. (GLO), and BDO Unibank Inc. (BDO). JFC, the largest fast-food chain in the Philippines, saw its stock price decrease by 23.5% in 2021. GLO, one of the largest telecommunications companies in the country, had a 16.5% decrease in its stock price. BDO, the largest bank in the Philippines, had a 14.5% decrease in its stock price.

The performance of the PSEi in 2021 was influenced by various factors, including the COVID-19 pandemic, the global economic recovery, and the political situation in the Philippines. Despite the challenges, the PSEi managed to end the year on a positive note, providing hope for investors in the coming year.