Dow Jones Industrial Average (DJIA)Summary
Index Value: 11,350.01
Trade Time: June 30
Change: Up 3.50 (+0.03%)
Prev Close: 11,346.51
Open: 11,345.70
Day's Range: 11287.56 - 11437.30
WallStreet had another volatile trading session on the last day of the first half of 2008. The DJIA moved within a 150 point range but ended flat as investors remain indecisive.
The DJIA also suffered its worst one month drop since September 2002 and its worst first half showing since 1970.
The local equities market on the other hand started the second half of the year on a sour note. It suffered a selldown on lack of good news to prop it up. Jittery investors further sold down the market as the Philippine Stock Exchange Index (PSEi) broke the 2434 support. It is still looking for a support level as it touched new 21 month lows.
PSEi previous close - 2459.98 (June 30)
PSEi close - 2415.25 (-44.73 or -1.81%)
Value turnover: PhP 3.659 bn
Advancers 14
Decliners 88
Unchanged 39
Sectoral Indices were down across-the-board.
Holdings -2.35%
Property -2.30%
M-O -2.14%
Services -1.87%
Financial -1.38%
Industrial -1.30%
The Day's Top Gainers:
PCKH: PhP 10.00; +11.11%
MJC: PhP 4.20; +10.53%
JOH: PhP 1.36; +7.94%
The Day's Biggest Decliners:
BCB: PhP 21.00; -40.00%
APR: PhP 3.30; -17.50%
DIZ: PhP 3.00; -16.67%
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