The Philippine Stock Market - August 26, 2008

Dow Jones Industrial Average(DJIA) Summary
Index Value: 11,386.25
Trade Time: August 25
Change: Down 241.81 (-2.08%)
Prev Close: 11,628.06
Open: 11,626.19
Day's Range: 11362.63 - 11626.27

WallStreet is still under extreme volatility. After advancing nearly 200 points on Friday; it fell almost 250 points last night.
The local equities market meanwhile continued to drift lower. The Philippine Stock Exchange Index (PSEi) moved in a narrow range of just around 20 points in negative territory.

PSEi previous close - 2653.18 (August 22)

time-------------down-------------PSEi
9:31-------------9.54------------2643.64
9:32------------12.07
9:33------------13.71
9:35------------15.80
9:37------------16.94
9:42------------17.53
9:44------------18.16-----------2635.02

9:50------------13.81
9:55------------14.92
10:07-----------15.26
10:13-----------16.59
10:18-----------13.65
10:36-----------14.81
10:39-----------12.69
10:52-----------13.91
11:13-----------15.41
11:14-----------17.44
11:28-----------19.49
11:43-----------20.49-----------2632.69 (day's low)

11:55-----------12.69
11:57------------9.69
11:58-----------16.36
12:01-----------15.53-----------2637.65 (-0.59%)
Market Close.

Value turnover: PhP 1.437 bn
Cross transactions: PhP 729 mn

Advancers 36
Decliners 68
Unchanged 36

Sectoral Indices were down across-the-board.
Financial -1.13%
Holdings -0.85%
M-O -0.75%
Property -0.55%
Industrial -0.085%
Services -0.042%

The Day's Top Gainers:
UNI: PhP 0.155; +29.51%
PAL: PhP 3.80; +11.76%
AAA: PhP 0.20; +11.11%

The Day's Biggest Decliners:
PO: PhP 2.22; -30.62%
FEU: PhP 1,005.00; -22.69%
ION: PhP 0.80; -15.79%

At mid-day:
Asian equities markets were down
The Philippine Peso was at PhP 45.910 vs US$ 1.00.