Philippine Star - May 27, 2008The US markets were closed for Memorial Day.
The Philippine Stock Exchange Index (PSEi) moved in a narrow range for most part of the trading day as investors continue to straddle on the sidelines. A strong finishing kick however had the local equities market close at its high.
PSEi previous close - 2840.52 (May 26, 2008)
open - 2839.80
high - 2855.98
low - 2837.06
close - 2855.98 (+15.46 or +0.54%)
The market is still in undecided territory and has drifted the past two days. The PSEi is in betwwen the 10-day (2865) and 30-day (2830) moving averages.
Value turnover: PhP 1.782 bn
Cross transactions: PhP 777 mn
Advancers 56
Decliners 37
Unchanged 63
Sectoral Indices:
M-O +1.16%
Holdings +1.00%
Property +0.35%
Industrial +0.22%
Financial +0.13%
Services +0.07%
The Day's Top Gainers:
SPC: PhP 2.48; +18.10%
LC: PhP 0.32; +10.34%
LCB: PhP 0.32; +10.34%
The Day's Biggest Decliners:
KPHB: PhP 2.22; -11.20%
KEP: PhP 1.70; -10.53%
WIN: PhP 0.20; -9.09%
At midday:
Asian markets wer mostly up.
The Philippine peso was at PhP 43.696 vs US$ 1.00.
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