The Philippine Stock Market - August 14, 2008

Dow Jones Industrial Average (DJIA) Summary
Index Value: 11,532.96
Trade Time: August 13
Change: Down 109.51 (-0.94%)
Prev Close: 11,642.47
Open: 11,632.81
Day's Range: 11453.34 - 11633.78

It was another loss of more than a hundred points for the second straight day in WallStreet.

The local equities market wa able to stay in positive territory throughout the trading session but the breadth of the market was lower. The Philippine Stock Exchange Index (PSEi) was lifted by the big gains in PLDT (TEL) today.

PSEi previous close - 2721.94 (August 13)

time-------------up--------------PSEi
9:31------------8.20-------------2730.17

PLDT opened at PhP 2730 from a previous close of PhP 2680.

9:32------------12.93
9:34------------14.38
9:36------------15.81------------2737.75 (day's high)

PLDT at PhP 2750. The market moves in a narrow range for the rest of the trading day.

9:41-------------9.90
9:44------------11.33

9:52-------------8.74
9:54-------------5.74

9:57-------------7.02
10:07------------7.23
10:20------------9.45

10:28------------8.49
10:35------------9.34

10:48------------6.65
10:52------------4.92

11:05------------5.93
11:08------------8.93
11:11------------9.61
11:22------------9.97

11:24------------6.20
11:38------------5.24
11:41------------4.80

11:46------------9.85
11:55------------7.24
11:59-----------10.67
12:01------------5.34----------2727.28 (+0.20%)
Market Close.

Value turnover: PhP 3.203 bn
Cross transactions: PhP 1.322 bn

Advancers 27
Decliners 65
Unchanged 50

Sectoral Indices.
Services +1.98%
M-O +0.59%
Holdings +0.22%
Financial -0.87%
Property -1.35%
Industrial -2.15%

TEL closed at PhP 2755. It accounted for a gain of 21.48 points in the PSEi. Without it, the market would be in the RED.

The Day's Top Gainers:
MED: PhP 0.49; +19.51%
UPM: PhP 0.0090; +12.50%
APM: PhP 0.014; +7.69%

The Day's Biggest Decliners:
CRC: PhP 5.30; -33.75%
MHC: PhP 0.225; -25.00%
EVER: PhP 0.14; -9.68%

At mid-day:
Asian equities markets were mixed.
The Philippine Peso was at PhP 44.911 vs US$ 1.00.