Market Skim Through: 23 August 2013-- index stocks behaving like bazurs in terms of losses

A bloody, bloody day--the 2nd bloodiest for the year. It seems that the market added-up the should-be downturns for the last 3 days PSE had to shut down (due to floods), to finally deliver a -6% blow (400-point loss) at a big 12.13 B PhP trading volume. And then it was compounded by the release (on the same morning) of the  dreaded bad news (that we were constantly mentioning as one news that can terribly affect us in short term) about the QE easing of US FED. More rumination on the bad timing in another post.

#	Stock Code	Last	Change	%Change	Value
1	ATN	1.0700	-0.2700	-20.15%	82,490
2	CEB	51.5500	-10.3500	-16.72%	178,727,667
3	FFI	15.1200	-2.7600	-15.44%	106,380
4	MEGW1	2.0700	-0.3300	-13.75%	41,400
5	MCP	9.7300	-1.4300	-12.81%	91,350,205
6	ICTV	0.4100	-0.0550	-11.83%	392,400
7	LC	0.5700	-0.0700	-10.94%	35,154,360
8	SECB	120.0000	-14.5000	-10.78%	242,639,491
9	SMPH	16.0000	-1.9000	-10.61%	523,003,170
10	LCB	0.5900	-0.0700	-10.61%	13,845,750
11	LTG	19.0000	-2.1000	-9.95%	212,513,232
12	AGI	25.1000	-2.6000	-9.39%	731,582,760
13	AEV	43.6000	-4.4000	-9.17%	114,555,890
14	EEI	11.2200	-1.1200	-9.08%	13,085,484
15	RCB	45.0000	-4.4500	-9.00%	80,852,570
16	CLOUD	6.1000	-0.6000	-8.96%	9,760
17	PORT	10.0000	-0.9800	-8.93%	10,000
18	SM	725.0000	-71.0000	-8.92%	1,028,064,575
19	ABSP	36.0000	-3.5000	-8.86%	10,719,260
20	PXP	12.0200	-1.1200	-8.52%	3,839,386

SM, SMPH, AGI, LTG, SECB, and others behaved like it was a JOH or a PHES, with their lost value (-10% running loss most of the day, and a big gap down at the start of trade). MBT minimized its loss at closing, probably due to the nearing stockdivs ex-date.

I had to cut loss on SCC, ABS, and GMA7, while they are not yet plummeting. Only a portion of BDO and MER and a big position on MBT remain. Cash position returned to 30%+. My accumulated gain since I started a fresh port in one broker in June was instantly (in one day) slashed by more than half. 'Old' port at FMS increased its paper losses tremendously, dampened only by dividends earned the past months.