Do you monitor the circulars published by the Philippine Stock Exchange on pse.com.ph?
I do.
If you do, too, you must have already read the circular entitled “LAUNCH OF THE PSE DIVIDEND YIELD AND PSE MIDCAP INDEX” published last March 28, 2022.
What does that circular say?
I’m not going to parrot what you can read for yourself. Read it here.
In this report, I will share the market sentiment for the first 10 stocks of the Dividend Yield Index for July 2022.
I’m also not going to re-explain my Market Sentiment Index because I’ve explained it more than 1,000 times in the nearly 2,000 reports I’ve published on this website.
If this is your first time to know about my proprietary Market Sentiment Index and its use, please go to the RESOURCES menu of this website, click the ANALYSIS tab, and read 3 to 5 articles.
With reading comprehension, you’ll understand why I find checking the Market Sentiment Index of a stock useful in my trade and investment decisions.
The Dividend Yield Index of the Philippine Stock Exchange (PSE DivY) comprises 20 member stocks.
Liquidity, free float, financials, and 3-year average dividend yield were the criteria for selecting the PSE DivY.
Here are the top 20 companies that form part of the PSE DivY Index.
- Aboitiz Equity Ventures (AEV)
- Aboitiz Power Corporation (AP)
- AREIT
- Bank of the Philippine Islands (BPI)
- DMCI Holdings (DMC)
- D&L Industries (DNL)
- Globe Telecom (GLO)
- GMA Network (GMA7)
- International Container Terminal Services (ICT)
- LT Group (LTG)
- Metropolitan Bank & Trust Company (MBT)
- Manila Electric Company (MER)
- Metro Pacific Investments Corporation (MPI)
- Nickel Asia Corporation (NIKL)
- Robinsons Land Corporation (RLC)
- Robinsons Retail Holdings (RRHI)
- Semirara Mining and Power Corporation (SCC)
- Security Bank Corporation (SECB)
- PLDT (TEL)
- Universal Robina Corporation (URC)
Some of these companies also appear in the Philippine Stock Exchange Index (PSEi) and the Philippine Stock Exchange Mid-Cap Index (PSE MidCap).
This report will only talk about the top 10 PSE DivY stocks. I’ll discuss the bottom 10 in the second part of this report.
The coverage of my data is from July 1 to 31 of 2022.
Aboitiz Equity Ventures (AEV)
Market Sentiment Index: BULLISH
25 of the 73 participating brokers, or 34.25% of all participants, registered a positive Net Amount
24 of the 73 participating brokers, or 32.88% of all participants, registered a higher Buying Average than Selling Average
73 Participating Brokers’ Buying Average: ₱51.49544
73 Participating Brokers’ Selling Average: ₱52.46011
5 out of 73 participants, or 6.85% of all participants, registered a 100% BUYING activity
10 out of 73 participants, or 13.70% of all participants, registered a 100% SELLING activity
Aboitiz Power Corporation (AP)
Market Sentiment Index: BULLISH
37 of the 89 participating brokers, or 41.57% of all participants, registered a positive Net Amount
43 of the 89 participating brokers, or 48.31% of all participants, registered a higher Buying Average than Selling Average
89 Participating Brokers’ Buying Average: ₱31.39862
89 Participating Brokers’ Selling Average: ₱31.36163
11 out of 89 participants, or 12.36% of all participants, registered a 100% BUYING activity
20 out of 89 participants, or 22.47% of all participants, registered a 100% SELLING activity
AREIT
Market Sentiment Index: BULLISH
48 of the 71 participating brokers, or 67.61% of all participants, registered a positive Net Amount
43 of the 71 participating brokers, or 60.56% of all participants, registered a higher Buying Average than Selling Average
71 Participating Brokers’ Buying Average: ₱36.68948
71 Participating Brokers’ Selling Average: ₱36.77881
27 out of 71 participants, or 38.03% of all participants, registered a 100% BUYING activity
6 out of 71 participants, or 8.45% of all participants, registered a 100% SELLING activity
Bank of the Philippine Islands (BPI)
Market Sentiment Index: BULLISH
34 of the 85 participating brokers, or 40.00% of all participants, registered a positive Net Amount
29 of the 85 participating brokers, or 34.12% of all participants, registered a higher Buying Average than Selling Average
85 Participating Brokers’ Buying Average: ₱87.79236
85 Participating Brokers’ Selling Average: ₱89.04484
8 out of 85 participants, or 9.41% of all participants, registered a 100% BUYING activity
11 out of 85 participants, or 12.94% of all participants, registered a 100% SELLING activity
DMCI Holdings (DMC)
Market Sentiment Index: BULLISH
30 of the 100 participating brokers, or 30.00% of all participants, registered a positive Net Amount
31 of the 100 participating brokers, or 31.00% of all participants, registered a higher Buying Average than Selling Average
100 Participating Brokers’ Buying Average: ₱9.11539
100 Participating Brokers’ Selling Average: ₱9.25409
9 out of 100 participants, or 9.00% of all participants, registered a 100% BUYING activity
13 out of 100 participants, or 13.00% of all participants, registered a 100% SELLING activity
D&L Industries (DNL)
Market Sentiment Index: BULLISH
36 of the 67 participating brokers, or 53.73% of all participants, registered a positive Net Amount
32 of the 67 participating brokers, or 47.76% of all participants, registered a higher Buying Average than Selling Average
67 Participating Brokers’ Buying Average: ₱7.00879
67 Participating Brokers’ Selling Average: ₱7.00711
16 out of 67 participants, or 23.88% of all participants, registered a 100% BUYING activity
17 out of 67 participants, or 25.37% of all participants, registered a 100% SELLING activity
Globe Telecom (GLO)
Market Sentiment Index: BULLISH
56 of the 87 participating brokers, or 64.37% of all participants, registered a positive Net Amount
31 of the 87 participating brokers, or 35.63% of all participants, registered a higher Buying Average than Selling Average
87 Participating Brokers’ Buying Average: ₱2146.95414
87 Participating Brokers’ Selling Average: ₱2192.65685
19 out of 87 participants, or 21.84% of all participants, registered a 100% BUYING activity
6 out of 87 participants, or 6.90% of all participants, registered a 100% SELLING activity
GMA Network (GMA7)
Market Sentiment Index: BULLISH
39 of the 58 participating brokers, or 67.24% of all participants, registered a positive Net Amount
31 of the 58 participating brokers, or 53.45% of all participants, registered a higher Buying Average than Selling Average
58 Participating Brokers’ Buying Average: ₱10.56364
58 Participating Brokers’ Selling Average: ₱10.62810
19 out of 58 participants, or 32.76% of all participants, registered a 100% BUYING activity
4 out of 58 participants, or 6.90% of all participants, registered a 100% SELLING activity
International Container Terminal Services (ICT)
Market Sentiment Index: BULLISH
49 of the 86 participating brokers, or 56.98% of all participants, registered a positive Net Amount
26 of the 86 participating brokers, or 30.23% of all participants, registered a higher Buying Average than Selling Average
86 Participating Brokers’ Buying Average: ₱182.99712
86 Participating Brokers’ Selling Average: ₱185.64128
10 out of 86 participants, or 11.63% of all participants, registered a 100% BUYING activity
2 out of 86 participants, or 2.33% of all participants, registered a 100% SELLING activity
LT Group (LTG)
Market Sentiment Index: BULLISH
31 of the 68 participating brokers, or 45.59% of all participants, registered a positive Net Amount
30 of the 68 participating brokers, or 44.12% of all participants, registered a higher Buying Average than Selling Average
68 Participating Brokers’ Buying Average: ₱8.48940
68 Participating Brokers’ Selling Average: ₱8.51498
9 out of 68 participants, or 13.24% of all participants, registered a 100% BUYING activity
6 out of 68 participants, or 8.82% of all participants, registered a 100% SELLING activity
Final Reminder
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