Monday, July 21, 2008

The Philippine Stock Market - July 21, 2008

The local equities market advanced today with moderate gains. The Philippine Stock Exchange Index (PSEi) opened higher and stayed in positive territory throughout the trading session. It closed near its high above the 2400 level.

The country posted its third straight monthly surplus in June as expenditures were below target.

PSEi previous close - 2389.52 (July 18)

open - 2392.32
high - 2421.36 (+31.84)
close - 2416.62 (+27.10 or +1.14%)

Value turnover: PhP 1.453 bn
Cross transactions: PhP 641 mn

Advancers 55
Decliners 32
Unchanged 52

Sectoral Indices.
Holdings +2.74%
Financial +1.57%
Industrial +0.68%
Services +0.53%
Property +0.34%
M-O +0.33%

The Day's Top Gainers:
MFIN: PhP 4.20; +40.00%
T: PhP 4.75; +17.28%
WIN: PhP 0.195; +14.71%

The Day's Biggest Decliners:
APX: PhP 3.30; -10.81%
AR: PhP 0.0050; -9.09%
JOH: PhP 1.26; -8.70%

At mid-day:
Asian markets were mostly higher.
The Philippine Peso was at PhP 44.373 vs US$ 1.00.

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