The PSE ended in the red today at -0.36% as the market tries to digest the upcoming data from inflation. Inflation was initially expected to exceed 5%, official values will be known tomorrow. ASLAG now listed in the PSE market and did close on the green despite profit taking from its opening.

The index closed back at 6,716.88 with a net foreign selling of -287Million, foreigners are still pessimistic on the market. Not much of foreign buying for the past 2 weeks now.

For the index sector, the market was led by the property sector (+2.08%) while the rest is on the negative side with profit taking mostly coming from the mining sector (-2.15%).

For the Blue chip index, SMPH (+4.09%) and ACEN (+2.815%) were the earners for today while on the red side includes CNVRG (-5.36%) and AC (-4.82%). CNVRG seems to be still pricing the exit of its investor.

Philippine stock could have mirror again today the move from the US Markets. ASIAN markets have mixed responses with major index like NIKKI, Shenzhen and Hongkong moving strong today.

Symbol	Name	Last Price	Change	% Change
^GSPC	S&P 500	4,108.54	-68.28	-1.63%
^DJI	Dow Jones Industrial Average	32,899.70	-348.6	-1.05%
^IXIC	NASDAQ Composite	12,012.73	-304.17	-2.47%
^N225	Nikkei 225	27,915.89	154.32	0.56%
^HSI	HANG SENG INDEX	21,417.04	334.91	1.59%
000001.SS	SSE Composite Index	3,236.37	40.91	1.28%
399001.SZ	Shenzhen Component	11,938.12	309.81	2.66%
^STI	STI Index	3,222.70	-9.27	-0.29%
^AXJO	S&P/ASX 200	7,206.30	-32.5	-0.45%
^AORD	ALL ORDINARIES	7,433.10	-39.3	-0.53%
^BSESN	S&P BSE SENSEX	55,672.46	-96.77	-0.17%
^JKSE	Jakarta Composite Index	7,073.47	-109.49	-1.52%
^KLSE	FTSE Bursa Malaysia KLCI	1,537.83	-12.07	-0.78%
^NZ50	S&P/NZX 50 INDEX GROSS	11,417.34	67.84	0.60%
^KS11	KOSPI Composite Index	2,670.65	11.66	0.44%

Today is the debut also of ASLAG, the renewable energy company from Pampanga. It opened strong with up to 20% gain during the first few minutes of the trading. It did still manage to close in Green today despite the correction from its peak price (+2.50%). According to PHILSTAR, ASLAG was oversubscribed 4.3x and 1.3x in PSE Easy, making the sudden peak of prices at the opening understandable as the demand is high during its offer period.

The market ended in green this Friday to close the market in a good note. Index is up by 0.82%. PSE market have been pressured by lack of catalyst for the week and the upcoming inflation results this month which is reported to have exceeded 5%.

The index close at 6,741 bouncing near its 20 day moving average (MA20) . It also has good results with a net foreign buying of 15.2Million after the close. Pre close net foreign is at -23Million for the day indicating renewed buying from Foreign. Foreigners have been net sellers for the last four days of trading.

For the index sector, Mining dominated the whole week and close strong today with 2.28% gain led by AT and Semirara Mining  (SCC) and property sector recovering by 1.38%. All PSEI indexes at Friday’s closing ended in positive.

For the Blue chip index, todays close was led by JGS (+4.35%), Monde (+3.72%). Monde has been pressured by selling for the past days after its MSCI rebalancing effect was priced in. For the decliners, AEV (-2.29%) and Robinson land (-2.05%) had the most correction.

PSE market seemed to follow the bounce monitored also in both US and Asian markets as of todays writing. S&P 500 move up by 1.84%, Nasdaq by 2.69% and DJIA by 1.33%.