5 Bluechip Stocks With Highest Positive Local Net Amount

I’d like to show you the top 5 Philippine bluechip stocks with the biggest positive Local Net Amount.

When a stock has a positive net amount, it means the participating brokers have higher buying than selling transactions. In contrary, a negative net amount means a higher selling than buying transactions.

In case you’re asking if this is the same as Net Foreign, no, it isn’t. To know more about the importance of knowing the presence of foreign investors in a stock, please read this: Impact of Foreign Investors in the Philippine Stock Market

I started writing this article around 1:30 PM of September 6, 2023.

Aside from enumerating the top 5 Philippine bluechip stocks with the highest Local Net Amount as of the time I mentioned above, I’d like to show you their prevailing dominant range and market sentiment.

Please check the timestamp on each chart of these Philippine bluechip stocks to know when each chart was generated.

PLDT (TEL)

Local Net Amount: P17,062,580

Dominant Range Index: BULLISH
Last Price: 1201.00
VWAP: 1,195.21
Dominant Range: 1,196.00 – 1,200.00

Market Sentiment Index: BULLISH
28 of the 41 participating brokers, or 68.29% of all participants, registered a positive Net Amount
29 of the 41 participating brokers, or 70.73% of all participants, registered a higher Buying Average than Selling Average
41 Participating Brokers’ Buying Average: ₱138.10299
41 Participating Brokers’ Selling Average: ₱138.18428
19 out of 41 participants, or 46.34% of all participants, registered a 100% BUYING activity
5 out of 41 participants, or 12.20% of all participants, registered a 100% SELLING activity

ACEN Corporation (ACEN)

Local Net Amount: P19,174,478

Dominant Range Index: BULLISH
Last Price: 5.05
VWAP: 5.09
Dominant Range: 5.09 – 5.1

Market Sentiment Index: BEARISH
21 of the 35 participating brokers, or 60.00% of all participants, registered a positive Net Amount
17 of the 35 participating brokers, or 48.57% of all participants, registered a higher Buying Average than Selling Average
35 Participating Brokers’ Buying Average: ₱5.07156
35 Participating Brokers’ Selling Average: ₱5.08826
12 out of 35 participants, or 34.29% of all participants, registered a 100% BUYING activity
4 out of 35 participants, or 11.43% of all participants, registered a 100% SELLING activity

BDO Unibank (BDO)

Local Net Amount: P19,816,225

Dominant Range Index: BEARISH
Last Price: 138.1
VWAP: 138.15
Dominant Range: 138.1 – 138.2

Market Sentiment Index: BULLISH
28 of the 41 participating brokers, or 68.29% of all participants, registered a positive Net Amount
29 of the 41 participating brokers, or 70.73% of all participants, registered a higher Buying Average than Selling Average
41 Participating Brokers’ Buying Average: ₱138.10278
41 Participating Brokers’ Selling Average: ₱138.18324
19 out of 41 participants, or 46.34% of all participants, registered a 100% BUYING activity
5 out of 41 participants, or 12.20% of all participants, registered a 100% SELLING activity

Ayala Corporation (AC)

Local Net Amount: P37,294,455

Dominant Range Index: BULLISH
Last Price: 621
VWAP: 623.15
Dominant Range: 625 – 625

Market Sentiment Index: BEARISH
16 of the 33 participating brokers, or 48.48% of all participants, registered a positive Net Amount
12 of the 33 participating brokers, or 36.36% of all participants, registered a higher Buying Average than Selling Average
33 Participating Brokers’ Buying Average: ₱622.64613
33 Participating Brokers’ Selling Average: ₱623.39718
5 out of 33 participants, or 15.15% of all participants, registered a 100% BUYING activity
7 out of 33 participants, or 21.21% of all participants, registered a 100% SELLING activity

Puregold Price Club (PGOLD)

Local Net Amount: P47,576,655

Dominant Range Index: BULLISH
Last Price: 28.3
VWAP: 28.08
Dominant Range: 28.05 – 28.25

Market Sentiment Index: BEARISH
9 of the 18 participating brokers, or 50.00% of all participants, registered a positive Net Amount
9 of the 18 participating brokers, or 50.00% of all participants, registered a higher Buying Average than Selling Average
18 Participating Brokers’ Buying Average: ₱28.20328
18 Participating Brokers’ Selling Average: ₱28.21571
4 out of 18 participants, or 22.22% of all participants, registered a 100% BUYING activity
3 out of 18 participants, or 16.67% of all participants, registered a 100% SELLING activity

Which of These 5 Philippine Bluechip Stocks Do You Monitor?

After knowing this information I’ve shared with you, one bluechip stocks are in your watchlist? Let me know in the comments.

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Jaycee De Guzman

Founder and CEO at Equilyst Analytics

Experience the expertise of Jaycee De Guzman, the brain of Equilyst Analytics, renowned for his unique data analysis. He is a computer scientist and a self-taught digital marketing strategist and agriculturist. Since Equilyst Analytics’ founding in 2012, over 10,000 local and foreign clients have consulted with Jaycee de Guzman on crypto and stock investments.

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