Dow Jones Industrial Average(DJIA) Summary
Index Value: 10,365.45
Trade Time: Sept 29
Change: Down 777.68 (-6.98%)
Prev Close: 11,143.13
Open: 11,139.62
Day's Range: 10365.45 - 11139.94
WallStreet suffered the worst point drop ever for the DJIA (but percentage wise is nowhere close the 22.6% decline in the 1987 crash).
****Several years ago; some researchers (from the New York University and Boston University) derived a complex formula calculating how often drops of a particular magnitude will occur over long periods of time (measured in centuries). According to their formula, a decline of 7% , on average occurs every 4.7 years. Before this, the last big drop of around this magnitude was almost 7 years ago (Sept. 17, 2001).
Investors cashed out as the US financial bailout plan was rejected in the US Congress by a vote of 228-205.
The meltdown in WallStreet was immediately felt in the local equities market. But the Philippine Stock Exchange Index (PSEi) was also able to recover at once; as the Philippine Stock Market showed its resiliency.
PSEi previous close - 2607.58 (Sept 29)
time-----------down-------------PSEi
9:31---------146.61----------2460.97
Market heavyweight TEL opens at PhP 2540 from a previous close of PhP 2685. The immediate support at the 2510 level.
9:35---------160.39----------2447.19 (day's low)
The market support at this point is at 2401 and the PSEi is down by 6.15%.
9:54---------106.52----------2501.06
The PSEi however is able to bounce back off its lows and goes back above the 2500 level.
9:56---------100.25
9:59----------92.21----------2515.37
The PSEi is now above the 2510 level. Investors and bargain hunters gain confidence.
10:00---------85.71
10:01---------78.97
10:07---------73.42
10:15---------62.55
10:16---------60.77
10:18---------57.68----------2549.90
The rally loses some steam and the runup takes a breather.
10:27---------56.68
10:32---------63.03
10:35---------66.91
10:36---------68.12
10:40---------70.02
10:45---------73.18
10:51---------77.33---------2530.25
10:56---------71.15
11:03---------67.85
The market continues its remarkable recovery in the last hour of the trading session.
11:10---------64.35
11:17---------62.96
11:26---------59.89---------2547.69
11:46---------53.49
11:52---------43.01
11:56---------39.90
11:58---------34.46
11:59---------31.55---------2576.03 (day's high)
12:01---------37.93---------2569.65 (-1.45%)
Market Close.
Value turnover: PhP 3.023 bn
Cross transactions: PhP 857 mn
Block Sales: 63100 shs TEL @ 2588.66 = PhP 163.34mn
--------------10000 shs TEL @ 2618.57 = PhP 26.185 mn
Advancers 24
Decliners 95
Unchanged 30
Sectoral Indices:
M-O -2.97%
Property -2.95%
Industrial -2.72%
Financial -1.15%
Holdings -1.14%
Services -0.0073%
The Day's Top Gainers:
BCI: PhP 9.70; +49.23%
PHES: PhP 0.215; +34.37%
IRC: PhP 0.72; +20.00%
The Day's Biggest Decliners:
OMW2: PhP 0.0060; -14.29%
CEI: PhP 0.0625; -13.79%
UNI: PhP 0.11; -12.00%
At mid-day:
Asian equities markets were expectedly down.
The Philippine Peso was at PhP 47.360 vs US$ 1.00.
There will be NO TRADING tomorrow in view of Proclamation N0. 1625, declaring Wednesday, October 01, 2008, as a regular holiday throughout the country in observance and celebration of Eid'l Fitr (Feast of Ramadhan).
Tuesday, September 30, 2008
Monday, September 29, 2008
The Philippine Stock Market - September 29, 2008
The local equities market (together with the other asian stock markets)started strong as the US financial bail out plan heads for a vote. The Philippine Stock Exchange Index (PSEi) advanced in the first few minutes but soon gave up most of its gains as trading progressed.
PSEi previous close - 2597.23 (September 26)
time--------------up---------------PSEi
9:31-------------25.57------------2622.80
TEL opens at PhP 2750 from a previous close of PhP 2700.
9:32-------------28.57
9:36-------------30.25------------2627.48 (day's high)
9:38-------------16.58
TEL trades at PhP 2700
9:45-------------15.84
9:50-------------13.58
9:53-------------12.45
TEL at PhP 2680. Market momentum has reversed.
9:54-------------10.56
9:59--------------8.97
10:12-------------6.21
10:25-------------5.19
10:29-------------2.83----------2600.06
The 2600 level is tested and the PSEi hovers around this level in the next half hour.
10:32------------1.57
10:35------------1.34-----------2598.57
10:38------------2.51
10:43------------3.87
10:52------------4.13-----------2601.36
10:54------------1.64
10:59------------2.98
11:01------------7.07-----------2604.30
11:04------------8.73
The market manages to hold above the 2600 level for the rest of the trading session.
11:13------------5.82
11:17------------7.96
11:32------------8.89
11:43-----------11.69
11:52-----------12.13
11:54-----------14.51
11:57-----------11.44
11:59-----------17.66-----------2614.89
12:01-----------10.35-----------2607.58 (+0.40%)
Market Close.
The resistance remains at 2630. Support is seen at 2510.
Value turnover: PhP 2.140 bn
Cross transactions: PhP 873 mn
Advancers 44
Decliners 33
Unchanged 55
Sectoral Indices.
Industrial +1.76%
Financial +1.03%
Holdings +0.26%
M-O -0.04%
Property -0.31%
Services -0.58%
The Day's Top Gainers:
DFNN: PhP 7.80; +14.71%
UNI: PhP 0.125; +8.70%
EVER: PhP 0.13; +8.33%
The Day's Biggest Decliners:
BCI: PhP 6.50; -35.00%
ABAB: PhP 0.0070; -12.50%
FAF: PhP 0.48; -9.43%
At mid-day:
Asian equities market were down after being up earlier in the day. Developments in the financial bail out plan are still being awaited.
In the news this afternoon:
European financial institutions continue to feel the credit crunch.
The Belgian and Dutch governments take over Fortis; while Bradford & Bingley is seized by the UK government and Banco Santander's (of Spain) Abbey buys its branches (and deposits).
Outline of the US financial bailout plan.
$250 bn is available upfront.
Congress has the right to reject the final $350 bln.
Limits executive pays, golden parachutes.
Treasury gets right to acquire stakes in banks (through warrants).
PSEi previous close - 2597.23 (September 26)
time--------------up---------------PSEi
9:31-------------25.57------------2622.80
TEL opens at PhP 2750 from a previous close of PhP 2700.
9:32-------------28.57
9:36-------------30.25------------2627.48 (day's high)
9:38-------------16.58
TEL trades at PhP 2700
9:45-------------15.84
9:50-------------13.58
9:53-------------12.45
TEL at PhP 2680. Market momentum has reversed.
9:54-------------10.56
9:59--------------8.97
10:12-------------6.21
10:25-------------5.19
10:29-------------2.83----------2600.06
The 2600 level is tested and the PSEi hovers around this level in the next half hour.
10:32------------1.57
10:35------------1.34-----------2598.57
10:38------------2.51
10:43------------3.87
10:52------------4.13-----------2601.36
10:54------------1.64
10:59------------2.98
11:01------------7.07-----------2604.30
11:04------------8.73
The market manages to hold above the 2600 level for the rest of the trading session.
11:13------------5.82
11:17------------7.96
11:32------------8.89
11:43-----------11.69
11:52-----------12.13
11:54-----------14.51
11:57-----------11.44
11:59-----------17.66-----------2614.89
12:01-----------10.35-----------2607.58 (+0.40%)
Market Close.
The resistance remains at 2630. Support is seen at 2510.
Value turnover: PhP 2.140 bn
Cross transactions: PhP 873 mn
Advancers 44
Decliners 33
Unchanged 55
Sectoral Indices.
Industrial +1.76%
Financial +1.03%
Holdings +0.26%
M-O -0.04%
Property -0.31%
Services -0.58%
The Day's Top Gainers:
DFNN: PhP 7.80; +14.71%
UNI: PhP 0.125; +8.70%
EVER: PhP 0.13; +8.33%
The Day's Biggest Decliners:
BCI: PhP 6.50; -35.00%
ABAB: PhP 0.0070; -12.50%
FAF: PhP 0.48; -9.43%
At mid-day:
Asian equities market were down after being up earlier in the day. Developments in the financial bail out plan are still being awaited.
In the news this afternoon:
European financial institutions continue to feel the credit crunch.
The Belgian and Dutch governments take over Fortis; while Bradford & Bingley is seized by the UK government and Banco Santander's (of Spain) Abbey buys its branches (and deposits).
Outline of the US financial bailout plan.
$250 bn is available upfront.
Congress has the right to reject the final $350 bln.
Limits executive pays, golden parachutes.
Treasury gets right to acquire stakes in banks (through warrants).
Saturday, September 27, 2008
Trading in WallStreet - September 26, 2008
Dow Jones Industrial Average (DJIA) Summary
Index Value: 11,143.13
Trade Time: Sept 26
Change: Up 121.07 (+1.10%)
Prev Close: 11,022.06
Open: 11,019.04
Day's Range: 10868.82 - 11168.06
After an initial weakness, the DJIA steadily advanced to hurdle the 11,000 level. A strong surge in the last hour of trading had it ending near its high and up more than a hundred points.
Index Value: 11,143.13
Trade Time: Sept 26
Change: Up 121.07 (+1.10%)
Prev Close: 11,022.06
Open: 11,019.04
Day's Range: 10868.82 - 11168.06
After an initial weakness, the DJIA steadily advanced to hurdle the 11,000 level. A strong surge in the last hour of trading had it ending near its high and up more than a hundred points.
Friday, September 26, 2008
The Philippine Stock Market - September 26, 2008
Dow Jones Industrial Average(DJIA) Summary
Index Value: 11,022.06
Trade Time: Sept 25
Change: Up 196.89 (+1.82%)
Prev Close: 10,825.17
Open: 10,827.17
Day's Range: 10,827.01 - 11,129.19
In another sudden reversal from the past day's; WallStreet mounted a huge rally to hurdle the 11000 level once again.
The local equities market continued to ride on its own advancing momentum. The big gains in the DJIA boosted investor confidence. The Philippine Stock Exchange Index (PSEi) tests the 2600 level.
PSEi previous close - 2566.37
time--------------up--------------PSEi
9:31------------5.75-------------2572.12
The market advances steeply in the next few minutes.
9:57-----------48.90
10:03----------51.82-------------2618.19 (day's high)
After the initial buying spree; a correction sets in.
10:06----------45.86
10:14----------36.75
10:15----------33.16-------------2599.53
The PSEi drops below the 2600 level and consolidates for the rest of the trading session.
10:28----------23.90-------------2590.27
10:39----------22.02
10:52----------19.47-------------2585.84
11:01----------24.77
11:16----------30.61-------------2596.98
11:31----------24.11
11:48----------30.01
11:54----------35.39
11:56----------39.40-------------2605.77
12:01----------30.89-------------2597.23 (+1.20%)
Market Close.
Value turnover: PhP 2.852 bn
Cross transactions: PhP 866 mn
Bloc Sales: 15000 shs TEL @ 2650 = PhP 39.75 mn
The present resistance level is at 2630; the Sept 15 high and yesterday's 30 day moving average (m.a.).
Advancers 48
Decliners 40
Unchanged 50
Sectoral Indices.
Industrial +3.49%
M-O +2.07%
Services +1.37%
Holdings +0.46%
Financial -0.22%
Property -0.93%
The Day's Top Gainers:
AR: PhP 0.0060; +9.09%
MA: PhP 0.012; +9.09%
MAB: PhP 0.012; +9.09%
EDC: PhP 4.20; +9.09%
The Day's Biggest Decliners:
VUL: PhP 0.72; -11.11%
ABAB: PhP 0.0080; -11.11%
VITA: PhP 0.28; -9.68%
DFNN: PhP 6.80; -9.33%
At mid-day:
Asian equities markets were mostly down.
The Philippine Peso was at PhP 46.567 vs US$ 1.00.
Index Value: 11,022.06
Trade Time: Sept 25
Change: Up 196.89 (+1.82%)
Prev Close: 10,825.17
Open: 10,827.17
Day's Range: 10,827.01 - 11,129.19
In another sudden reversal from the past day's; WallStreet mounted a huge rally to hurdle the 11000 level once again.
The local equities market continued to ride on its own advancing momentum. The big gains in the DJIA boosted investor confidence. The Philippine Stock Exchange Index (PSEi) tests the 2600 level.
PSEi previous close - 2566.37
time--------------up--------------PSEi
9:31------------5.75-------------2572.12
The market advances steeply in the next few minutes.
9:57-----------48.90
10:03----------51.82-------------2618.19 (day's high)
After the initial buying spree; a correction sets in.
10:06----------45.86
10:14----------36.75
10:15----------33.16-------------2599.53
The PSEi drops below the 2600 level and consolidates for the rest of the trading session.
10:28----------23.90-------------2590.27
10:39----------22.02
10:52----------19.47-------------2585.84
11:01----------24.77
11:16----------30.61-------------2596.98
11:31----------24.11
11:48----------30.01
11:54----------35.39
11:56----------39.40-------------2605.77
12:01----------30.89-------------2597.23 (+1.20%)
Market Close.
Value turnover: PhP 2.852 bn
Cross transactions: PhP 866 mn
Bloc Sales: 15000 shs TEL @ 2650 = PhP 39.75 mn
The present resistance level is at 2630; the Sept 15 high and yesterday's 30 day moving average (m.a.).
Advancers 48
Decliners 40
Unchanged 50
Sectoral Indices.
Industrial +3.49%
M-O +2.07%
Services +1.37%
Holdings +0.46%
Financial -0.22%
Property -0.93%
The Day's Top Gainers:
AR: PhP 0.0060; +9.09%
MA: PhP 0.012; +9.09%
MAB: PhP 0.012; +9.09%
EDC: PhP 4.20; +9.09%
The Day's Biggest Decliners:
VUL: PhP 0.72; -11.11%
ABAB: PhP 0.0080; -11.11%
VITA: PhP 0.28; -9.68%
DFNN: PhP 6.80; -9.33%
At mid-day:
Asian equities markets were mostly down.
The Philippine Peso was at PhP 46.567 vs US$ 1.00.
Thursday, September 25, 2008
The Philippine Stock Market - September 25, 2008
Dow Jones Industrial Average(DJIA)Summary
Index Value: 10,825.17
Trade Time: Sept 24
Change: Down 29.00 (-0.27%)
Prev Close: 10,854.17
Open: 10,850.02
Day's Range: 10753.57 - 10928.40
The DJIA moved in and out of negative territory for most of the trading day; below the 11000 level.
The local equities market continued on its advancing momentum from late yesterday's trading wherein the Philippine Stock Exchange Index (PSEi) closed above its 10-day moving average (m.a.) of 2506.
PSEi previous close - 2510.32
time-------------up------------PSEi
9:31-----------1.19----------2511.51
9:33-----------4.64
9:34-----------6.55
9:35-----------8.01
9:36----------10.92----------2521.24
9:37----------12.15
9:38----------14.40
9:40----------15.72
9:44----------22.25
9:46----------24.62
9:47----------25.27
9:48----------25.87
9:49----------28.15
9:50----------28.33
9:53----------28.52
9:55----------32.82
9:59----------38.32
10:00---------39.58
10:01---------40.08-----------2550.40
Investors continue to slowly gain confidence.
10:02---------41.99
10:03---------43.12
10:08---------44.98
10:09---------45.65
10:10---------46.54
10:11---------47.60
10:12---------50.43-----------2560.75
The PSEi tests the September 22 high of 2560.
10:13---------50.56
10:14---------54.58
10:15---------56.20
10:16---------56.62
10:18---------56.79
10:19---------58.93-----------2569.25
The market moves in a narrow range for the rest of the trading session.
10:22---------55.73
10:24---------53.99
10:25---------52.02
10:29---------51.04
10:34---------53.56
10:36---------50.79
10:46---------50.48-----------2560.08
10:54---------51.87
11:03---------54.90
11:10---------55.11
11:17---------51.19
11:23---------54.33
11:33---------57.46
11:38---------58.55
11:41---------59.56
11:44---------61.09------------2571.41 (day's high)
11:49---------57.52
11:55---------56.45
11:57---------59.90
11:58---------60.76
11:59---------59.33
12:01---------56.05-----------2566.37 (+2.23%)
Market Close.
Value turnover: PhP 2.411 bn
Cross transactions: PhP 918 mn
Advancers 61
Decliners 27
Unchanged 51
Sectoral Indices.
Industrial +4.51%
Property +2.58%
Services +1.91%
Holdings +0.72%
M-O +0.58%
Financial +0.49%
The Day's Top Gainers:
IRC: PhP 0.60; +20.00%
FAF: PhP 0.53; +17.78%
ICTV: PhP 1.48; +13.85%
The Day's Biggest Decliners:
AR: PhP 0.0055; -8.33%
UPM: PhP 0.0090; -5.26%
PA: PhP 0.10; -4.76%
At mid-day:
Asian markets were mostly down.
The Philippine Peso was at PhP 46.519 vs US$ 1.00.
Index Value: 10,825.17
Trade Time: Sept 24
Change: Down 29.00 (-0.27%)
Prev Close: 10,854.17
Open: 10,850.02
Day's Range: 10753.57 - 10928.40
The DJIA moved in and out of negative territory for most of the trading day; below the 11000 level.
The local equities market continued on its advancing momentum from late yesterday's trading wherein the Philippine Stock Exchange Index (PSEi) closed above its 10-day moving average (m.a.) of 2506.
PSEi previous close - 2510.32
time-------------up------------PSEi
9:31-----------1.19----------2511.51
9:33-----------4.64
9:34-----------6.55
9:35-----------8.01
9:36----------10.92----------2521.24
9:37----------12.15
9:38----------14.40
9:40----------15.72
9:44----------22.25
9:46----------24.62
9:47----------25.27
9:48----------25.87
9:49----------28.15
9:50----------28.33
9:53----------28.52
9:55----------32.82
9:59----------38.32
10:00---------39.58
10:01---------40.08-----------2550.40
Investors continue to slowly gain confidence.
10:02---------41.99
10:03---------43.12
10:08---------44.98
10:09---------45.65
10:10---------46.54
10:11---------47.60
10:12---------50.43-----------2560.75
The PSEi tests the September 22 high of 2560.
10:13---------50.56
10:14---------54.58
10:15---------56.20
10:16---------56.62
10:18---------56.79
10:19---------58.93-----------2569.25
The market moves in a narrow range for the rest of the trading session.
10:22---------55.73
10:24---------53.99
10:25---------52.02
10:29---------51.04
10:34---------53.56
10:36---------50.79
10:46---------50.48-----------2560.08
10:54---------51.87
11:03---------54.90
11:10---------55.11
11:17---------51.19
11:23---------54.33
11:33---------57.46
11:38---------58.55
11:41---------59.56
11:44---------61.09------------2571.41 (day's high)
11:49---------57.52
11:55---------56.45
11:57---------59.90
11:58---------60.76
11:59---------59.33
12:01---------56.05-----------2566.37 (+2.23%)
Market Close.
Value turnover: PhP 2.411 bn
Cross transactions: PhP 918 mn
Advancers 61
Decliners 27
Unchanged 51
Sectoral Indices.
Industrial +4.51%
Property +2.58%
Services +1.91%
Holdings +0.72%
M-O +0.58%
Financial +0.49%
The Day's Top Gainers:
IRC: PhP 0.60; +20.00%
FAF: PhP 0.53; +17.78%
ICTV: PhP 1.48; +13.85%
The Day's Biggest Decliners:
AR: PhP 0.0055; -8.33%
UPM: PhP 0.0090; -5.26%
PA: PhP 0.10; -4.76%
At mid-day:
Asian markets were mostly down.
The Philippine Peso was at PhP 46.519 vs US$ 1.00.
Wednesday, September 24, 2008
The Philippine Stock Market - September 24, 2008
Dow Jones Industrial Average(DJIA) Summary
Index Value: 10,854.17
Trade Time: Sept 23
Change: Down 161.52 (-1.47%)
Prev Close: 11,015.69
Open: 11,015.69
Day's Range: 10833.94 - 11143.21
After an initial advance wherein the DJIA gained more than 100 points; WallStreet again showed volatility as it soon broke below the 10000 level and closed near its low.
The local equities market opened lower because of the triple digit drop in WallStreet overnight. The Philippine Stock Exchange Index (PSEi) showed resilience as it ended in positive territory and above the 2500 level.
PSEi previous close - 2486.29 (Sept 23)
time-------------change-------------PSEi
9:31------down 16.01--------------2470.22
9:33-------------18.03--------------2468.26 (day's low)
9:38--------------9.00
9:40--------------7.19
9:43--------------4.69
9:56--------------3.72
10:00----------up 0.38
After the initial drop; the market is able to wipe out its losses. Investors gain confidence.
10:01----------up 0.71
10:07-------------3.19
10;13-------------5.20
10:29-------------7.62
10:31-------------9.11
10:35------------10.71
10:42------------11.18
10:49------------11.26
10:51------------13.08
10:55------------14.63--------------2500.92
The PSEi goes above the 2500 level and holds above it for the rest of the trading session.
10:59--------up 15.47
11:10------------14.58--------------2500.87
11:15------------15.75
11:16------------16.07
11:18------------14.38--------------2500.67
11:20------------18.34
11:22------------18.93--------------2505.22
11:27------------17.15
11:28------------16.44
11:33------------15.42
11:34------------14.77--------------2501.76
11:40------------17.65
11:43------------18.24
11:46------------19.37
11:47------------21.95--------------2508.24
11:52------------17.88
11:55------------18.22
11:57------------24.86
11:58------------28.77
11:59------------31.34--------------2517.63 (day's high)
12:01------------24.03-------------2510.32 (+0.97%)
Market Close.
Value turnover: PhP 2.004 bn
Cross transactions: PhP 653 mn
Advancers 52
Decliners 33
Unchanged 53
Sectoral Indices.
Industrial +4.10%
Property +1.58%
Financial +1.11%
Holdings +0.28%
Services -0.34%
M-O -0.51%
The Day's Top Gainers:
KPH: PhP 2.00; +31.58%
PA: PhP 0.105; +10.53%
SMCB: PhP 54.00; +10.20%
The Day's Biggest Decliners:
KPHB: PhP 2.00; -9.09%
MAB: PhP 0.011; -8.33%
MA: PhP 0.011; -8.33%
At mid-day:
Asian equities markets were mostly up.
The Philippine Peso was at PhP 46.47 vs US$ 1.00.
Index Value: 10,854.17
Trade Time: Sept 23
Change: Down 161.52 (-1.47%)
Prev Close: 11,015.69
Open: 11,015.69
Day's Range: 10833.94 - 11143.21
After an initial advance wherein the DJIA gained more than 100 points; WallStreet again showed volatility as it soon broke below the 10000 level and closed near its low.
The local equities market opened lower because of the triple digit drop in WallStreet overnight. The Philippine Stock Exchange Index (PSEi) showed resilience as it ended in positive territory and above the 2500 level.
PSEi previous close - 2486.29 (Sept 23)
time-------------change-------------PSEi
9:31------down 16.01--------------2470.22
9:33-------------18.03--------------2468.26 (day's low)
9:38--------------9.00
9:40--------------7.19
9:43--------------4.69
9:56--------------3.72
10:00----------up 0.38
After the initial drop; the market is able to wipe out its losses. Investors gain confidence.
10:01----------up 0.71
10:07-------------3.19
10;13-------------5.20
10:29-------------7.62
10:31-------------9.11
10:35------------10.71
10:42------------11.18
10:49------------11.26
10:51------------13.08
10:55------------14.63--------------2500.92
The PSEi goes above the 2500 level and holds above it for the rest of the trading session.
10:59--------up 15.47
11:10------------14.58--------------2500.87
11:15------------15.75
11:16------------16.07
11:18------------14.38--------------2500.67
11:20------------18.34
11:22------------18.93--------------2505.22
11:27------------17.15
11:28------------16.44
11:33------------15.42
11:34------------14.77--------------2501.76
11:40------------17.65
11:43------------18.24
11:46------------19.37
11:47------------21.95--------------2508.24
11:52------------17.88
11:55------------18.22
11:57------------24.86
11:58------------28.77
11:59------------31.34--------------2517.63 (day's high)
12:01------------24.03-------------2510.32 (+0.97%)
Market Close.
Value turnover: PhP 2.004 bn
Cross transactions: PhP 653 mn
Advancers 52
Decliners 33
Unchanged 53
Sectoral Indices.
Industrial +4.10%
Property +1.58%
Financial +1.11%
Holdings +0.28%
Services -0.34%
M-O -0.51%
The Day's Top Gainers:
KPH: PhP 2.00; +31.58%
PA: PhP 0.105; +10.53%
SMCB: PhP 54.00; +10.20%
The Day's Biggest Decliners:
KPHB: PhP 2.00; -9.09%
MAB: PhP 0.011; -8.33%
MA: PhP 0.011; -8.33%
At mid-day:
Asian equities markets were mostly up.
The Philippine Peso was at PhP 46.47 vs US$ 1.00.
Tuesday, September 23, 2008
The Philippine Stock Market - September 23, 2008
Dow Jones Industrial Average(DJIA) Summary
Index Value: 11,015.69
Trade Time: Sept 22
Change: Down 372.75 (-3.27%)
Prev Close: 11,388.44
Open: 11,394.42
Day's Range: 10,992.20 - 11,394.58
WallStreet corrected and gave back its gains from Friday on concerns that the US Government's rescue plan won't avert a recession. Details are keenly watched as the US Treasury Secretary and Fed Reserve Board Chairman give their testimony to Congress later.
The DJIA closed near its low and just above the 11000 level.
New York Metal & Oil Report:
Gold up $43.95 - $903.30/$903.80
US Oil up $16.37 - $120.92.
At one point; Oil hit the $130 a barrel level and again worries investors that the era of record crude prices is not yet over. Oil was back to around $110 a barrel as of this afternoon.
The local equities market also retreats from late last week's strong advance. The Philippine Stock Exchange Index (PSEi) goes below the 2500 level but was able to limit its losses.
PSEi previous close - 2520.13 (Sept 22)
time------------down-------------PSEi
9:31-----------5.41-------------2514.72
The 2500 level is immediately broken and the decline accelerates.
9:32----------28.66
9:33----------29.83
9:35----------32.86
9:36----------35.16
9:37----------38.15
9:40----------40.74
9:41----------36.97
9:43----------46.97
9:44----------47.12
9:46----------48.73--------------2471.40
The chart gap opened yesterday (2472-2520) was filled.
9:51----------50.04
9:52----------51.58
9:53----------54.45
9:55----------55.37-------------2464.76
10:00---------53.74
10:01---------52.96
10:03---------51.21
10:05---------54.08
10:06---------55.78
10:07---------56.19-------------2463.94 (day's high)
The market begins to regain some of its losses.
10:11---------51.59
10:13---------50.17
10:17---------49.49
10:18---------48.49-------------2471.64
10:22---------46.97
10:23---------43.81
10:24---------42.36
10:28---------41.51
10:29---------38.86
10:31---------37.60
10:33---------37.10
10:37---------39.97
10:41---------40.88
10:47---------37.37
10:49---------34.38
10:50---------31.39
10:51---------29.68
10:53---------27.83
10:55---------26.90
10:58---------24.57
11:07---------23.52-----------2496.61
The 2500 level proves to be a resistance.
The market moves in a narrow range for the rest of the trading session.
11:13---------28.23
11:14---------30.34
11:23---------27.66
11:37---------26.86
11:38---------25.64
11:45---------29.60
11:49---------30.61
11:54---------27.08
11:55---------25.91
11:57---------30.07
11:58---------32.85
11:59---------33.31
12:01---------33.84-----------2486.29(-1.34%)
Market Close.
Value turnover: PhP 2.451 bn
Cross transactions: PhP 1.152 bn
Block Sales: 19150 shs TEL at PhP 2630 and 10000shs @ PhP 2625 =
--------------PhP 76,614,500
Advancers 25
Decliners 65
Unchanged 53
Sectoral Indices:
Property -2.49%
Holdings -1.84%
Financial -1.46%
Services -0.99%
Industrial -0.63%
M-O +0.72%
The Day's Top Gainers:
ATS: PhP 1.90; +39.71%
CDC: PhP 1.60; +23.08%
MA: PhP 0.012; +9.09%
The Day's Biggest Decliners:
IRC: PhP 0.50; -33.33%
FPH: PhP 18.00; -10.00%
SLF: PhP 1410.00; -9.03%
At mid-day:
Asian equities markets were mostly down.
The Philippine Peso was at PhP 46.505 vs US$ 1.00.
Index Value: 11,015.69
Trade Time: Sept 22
Change: Down 372.75 (-3.27%)
Prev Close: 11,388.44
Open: 11,394.42
Day's Range: 10,992.20 - 11,394.58
WallStreet corrected and gave back its gains from Friday on concerns that the US Government's rescue plan won't avert a recession. Details are keenly watched as the US Treasury Secretary and Fed Reserve Board Chairman give their testimony to Congress later.
The DJIA closed near its low and just above the 11000 level.
New York Metal & Oil Report:
Gold up $43.95 - $903.30/$903.80
US Oil up $16.37 - $120.92.
At one point; Oil hit the $130 a barrel level and again worries investors that the era of record crude prices is not yet over. Oil was back to around $110 a barrel as of this afternoon.
The local equities market also retreats from late last week's strong advance. The Philippine Stock Exchange Index (PSEi) goes below the 2500 level but was able to limit its losses.
PSEi previous close - 2520.13 (Sept 22)
time------------down-------------PSEi
9:31-----------5.41-------------2514.72
The 2500 level is immediately broken and the decline accelerates.
9:32----------28.66
9:33----------29.83
9:35----------32.86
9:36----------35.16
9:37----------38.15
9:40----------40.74
9:41----------36.97
9:43----------46.97
9:44----------47.12
9:46----------48.73--------------2471.40
The chart gap opened yesterday (2472-2520) was filled.
9:51----------50.04
9:52----------51.58
9:53----------54.45
9:55----------55.37-------------2464.76
10:00---------53.74
10:01---------52.96
10:03---------51.21
10:05---------54.08
10:06---------55.78
10:07---------56.19-------------2463.94 (day's high)
The market begins to regain some of its losses.
10:11---------51.59
10:13---------50.17
10:17---------49.49
10:18---------48.49-------------2471.64
10:22---------46.97
10:23---------43.81
10:24---------42.36
10:28---------41.51
10:29---------38.86
10:31---------37.60
10:33---------37.10
10:37---------39.97
10:41---------40.88
10:47---------37.37
10:49---------34.38
10:50---------31.39
10:51---------29.68
10:53---------27.83
10:55---------26.90
10:58---------24.57
11:07---------23.52-----------2496.61
The 2500 level proves to be a resistance.
The market moves in a narrow range for the rest of the trading session.
11:13---------28.23
11:14---------30.34
11:23---------27.66
11:37---------26.86
11:38---------25.64
11:45---------29.60
11:49---------30.61
11:54---------27.08
11:55---------25.91
11:57---------30.07
11:58---------32.85
11:59---------33.31
12:01---------33.84-----------2486.29(-1.34%)
Market Close.
Value turnover: PhP 2.451 bn
Cross transactions: PhP 1.152 bn
Block Sales: 19150 shs TEL at PhP 2630 and 10000shs @ PhP 2625 =
--------------PhP 76,614,500
Advancers 25
Decliners 65
Unchanged 53
Sectoral Indices:
Property -2.49%
Holdings -1.84%
Financial -1.46%
Services -0.99%
Industrial -0.63%
M-O +0.72%
The Day's Top Gainers:
ATS: PhP 1.90; +39.71%
CDC: PhP 1.60; +23.08%
MA: PhP 0.012; +9.09%
The Day's Biggest Decliners:
IRC: PhP 0.50; -33.33%
FPH: PhP 18.00; -10.00%
SLF: PhP 1410.00; -9.03%
At mid-day:
Asian equities markets were mostly down.
The Philippine Peso was at PhP 46.505 vs US$ 1.00.
Monday, September 22, 2008
The Philippine Stock Market - September 22, 2008
The local equities market continues its rally. The Philippine Stock Exchange Index (PSEi) opened steeply higher but slowly gave up some ot its gains.
PSEi previous close - 2462.79 (Sept 19)
time----------up----------PSEi
9:31---------83.50------2546.29
PLDT (TEL) opens at PhP 2710 (day's high) from a previous close of PhP 2550.
9:32--------89.98
9:34--------91.70
9:39--------86.90
9:41--------90.23
9:44--------91.18
9:46--------94.47
10:02-------95.03
10:10-------97.03-------2560.09 (day's high)
The market steadily declines from its peak in the next hour.
10:19-------92.89
10:24-------90.92
10:25-------89.01
10:34-------83.04
10:39-------78.70
10:50-------71.61
10:52-------75.89
10:55-------71.10
11:00-------68.82
11:04-------67.45
11:05-------66.59
11:10-------61.73
11:16-------57.50
PLDT (TEL) trades at PhP 2615 (day's low)
The PSEi moves in a narrow range for the rest of the trading session.
11:23-------57.41-----------2520.20
11:26-------60.39
11:28-------63.93
11:29-------66.63
1133--------61.10
11:41-------60.60
11:44-------58.25
11:48-------61.23
11:53-------64.36
11:54-------66.04
11:55-------69.25-----------2532.04
11:57-------66.41
11:59-------60.65
12:01-------57.34----------2520.13 (+2.33%)
Market Close.
Value turnover: PhP 3.077 bn
Cross transactions: PhP 1.064 bn
Block Sales: 300,000 shs SM @ PhP 252.50 = PhP 75.75
---------------50,700 shs TEL @ 2574.25 = PhP 130.51 mn
Advancers 73
Decliners 21
Unchanged 44
Today's steep opening leaves another chart gap at the 2472 - 2520 levels. Last Friday , another gap was also opened at the 2401-2426 levels.
Sectoral Indices.
M-O +2.62%
Property +2.43%
Industrial +2.36%
Holdings +1.86%
Financials +1.53%
M-O -0.13%
The Day's Top Gainers:
ETEL: PhP 375.00; +25.00%
OMW2: PhP 0.0065; +18.18%
VUL: PhP 0.81; +14.08%
The Day's Biggest Decliners:
UW: PhP 0.11; -15.38%
MRC: PhP 0.20; -13.04%
ZHI: PhP 0.21; -12.50%
At mid-day:
Asian equities markets were up.
The Philippine Peso was at PhP 46.229 vs US$ 1.00.
PSEi previous close - 2462.79 (Sept 19)
time----------up----------PSEi
9:31---------83.50------2546.29
PLDT (TEL) opens at PhP 2710 (day's high) from a previous close of PhP 2550.
9:32--------89.98
9:34--------91.70
9:39--------86.90
9:41--------90.23
9:44--------91.18
9:46--------94.47
10:02-------95.03
10:10-------97.03-------2560.09 (day's high)
The market steadily declines from its peak in the next hour.
10:19-------92.89
10:24-------90.92
10:25-------89.01
10:34-------83.04
10:39-------78.70
10:50-------71.61
10:52-------75.89
10:55-------71.10
11:00-------68.82
11:04-------67.45
11:05-------66.59
11:10-------61.73
11:16-------57.50
PLDT (TEL) trades at PhP 2615 (day's low)
The PSEi moves in a narrow range for the rest of the trading session.
11:23-------57.41-----------2520.20
11:26-------60.39
11:28-------63.93
11:29-------66.63
1133--------61.10
11:41-------60.60
11:44-------58.25
11:48-------61.23
11:53-------64.36
11:54-------66.04
11:55-------69.25-----------2532.04
11:57-------66.41
11:59-------60.65
12:01-------57.34----------2520.13 (+2.33%)
Market Close.
Value turnover: PhP 3.077 bn
Cross transactions: PhP 1.064 bn
Block Sales: 300,000 shs SM @ PhP 252.50 = PhP 75.75
---------------50,700 shs TEL @ 2574.25 = PhP 130.51 mn
Advancers 73
Decliners 21
Unchanged 44
Today's steep opening leaves another chart gap at the 2472 - 2520 levels. Last Friday , another gap was also opened at the 2401-2426 levels.
Sectoral Indices.
M-O +2.62%
Property +2.43%
Industrial +2.36%
Holdings +1.86%
Financials +1.53%
M-O -0.13%
The Day's Top Gainers:
ETEL: PhP 375.00; +25.00%
OMW2: PhP 0.0065; +18.18%
VUL: PhP 0.81; +14.08%
The Day's Biggest Decliners:
UW: PhP 0.11; -15.38%
MRC: PhP 0.20; -13.04%
ZHI: PhP 0.21; -12.50%
At mid-day:
Asian equities markets were up.
The Philippine Peso was at PhP 46.229 vs US$ 1.00.
Friday, September 19, 2008
Trading in WallStreet - September 19, 2008
Dow Jones Industrial Average(DJIA) Summary
Index Value: 11,388.44
Trade Time: Sept 19
Change: Up 368.75 (+3.35%)
Prev Close: 11,019.69
Open: 11,027.51
Day's Range: 11026.70 - 11483.05
WallStreet launches another huge rally as the US government readies funds (around $500-$800 bn) to purchase mortgage related debt and to insure losses in money market investments.
Also, short selling in 799 financial stocks have been banned until October 2.
World Crude prices again rises above the $100 a barrel level.
Index Value: 11,388.44
Trade Time: Sept 19
Change: Up 368.75 (+3.35%)
Prev Close: 11,019.69
Open: 11,027.51
Day's Range: 11026.70 - 11483.05
WallStreet launches another huge rally as the US government readies funds (around $500-$800 bn) to purchase mortgage related debt and to insure losses in money market investments.
Also, short selling in 799 financial stocks have been banned until October 2.
World Crude prices again rises above the $100 a barrel level.
The Philippine Stock Market - September 19, 2008
Dow Jones Industrial Average(DJIA) Summary
Index Value: 11,019.69
Trade Time: Sept 18
Change: Up 410.03 (+3.86%)
Prev Close: 10,609.66
Open: 10,609.01
Day's Range: 10459.44 - 11076.44
After a weak start in WallStreet (wherein the DJIA was down around 150 points at one point) the US equities market had a strong rally in the afternoon session. It gained around 600 points in late trading to wipe out its losses and close near its high above the 11,000 level.
US stocks soar as government plans to shore up banks and try to come up with a comprehensive solution.
US and UK clamp down on short selling.
New York Oil and Metal Report
Gold - up $31 to $889.35/889.85
US Oil - up $2.72 to $97.88
Gold has a recorded two day runup as "fear trade" boost demand for safe haven.
The local equities market also posted a big rebound and as it regained yesterday's losses. The Philippine Stock Exchange Index (PSEi) had a huge opening surge and kept its momentum to also close near its high.
PSEi previous close - 2352.37 (Sept 18)
time-----------up------------PSEi
9:31---------74.20----------2426.57
9:32---------88.18
9:33---------93.43
9:36---------89.68
9:38---------92.28
9:39---------93.62
9:44---------99.09
9:47--------103.22----------2455.59
9:50--------100.84
9:55---------98.96
10:07-------101.46
10:12-------104.75
10:13-------105.35
10:14-------102.39
10:15--------99.32
10:17-------103.11
10:19-------103.49
10:23-------105.26
10:28-------105.68
10:29-------108.47
10:34-------110.00
10:35-------110.33
10:37-------111.97----------2464.34
10:43-------108.60
10:45-------110.86
10:48-------112.24
10:52-------113.00
10:53-------115.09
10:54-------117.37
10:59-------117.94
11:01-------119.42----------2471.79
11:03-------116.03
11:05-------114.94
11:08-------118.62
11:11-------119.01
11:12-------116.01
11:13-------120.33----------2472.70 (day's high)
11:15-------119.99
11:16-------118.30
11:17-------115.82
11:23-------114.78
11:25-------113.85
11:28-------117.70
11:32-------115.15
11:41-------113.93
11:46-------111.39
11:47-------109.85
11:51-------108.84
11:55-------107.64
11:56-------105.64
11:59-------107.36
12:01-------110.42------------2462.79 (+4.69%)
Market Close.
Value turnover: PhP 3.087 bn
Cross transactions: PhP 946 mn
Block Sales: 27000 shs TEL @ 2461.8965 = PhP 66.47mn
---------------15000 shs TEL @ 2439.4098 = PhP 36.59 mn
Advancers 99
Decliners 18
Unchanged 29
Sectoral Indices.
Financial +7.54%
Holdings +5.38%
Property +4.37%
M-O +3.38%
Services +2.94%
Industrial +2.69%
The Day's Top Gainers:
SHNG: PhP 1.54; +28.33%
LSC: PhP 1.32; +17.86%
MBT: PhP 34.50; +13.11%
The Day's Biggest Decliners:
PHES: PhP 0.16; -23.81%
ROX: PhP 2.50; -16.67%
OMW2: PhP 0.0055; -8.33%
At mid-day:
Asian Equities markets were up.
Yesterday, the HangSeng Index (Hong Kong) also recovered its losses of more than 1000 points as of noon. It ended the Sept 18 trading day at 17632.46.
The Philippine Peso was at PhP 46.710 vs US$ 1.00.
Index Value: 11,019.69
Trade Time: Sept 18
Change: Up 410.03 (+3.86%)
Prev Close: 10,609.66
Open: 10,609.01
Day's Range: 10459.44 - 11076.44
After a weak start in WallStreet (wherein the DJIA was down around 150 points at one point) the US equities market had a strong rally in the afternoon session. It gained around 600 points in late trading to wipe out its losses and close near its high above the 11,000 level.
US stocks soar as government plans to shore up banks and try to come up with a comprehensive solution.
US and UK clamp down on short selling.
New York Oil and Metal Report
Gold - up $31 to $889.35/889.85
US Oil - up $2.72 to $97.88
Gold has a recorded two day runup as "fear trade" boost demand for safe haven.
The local equities market also posted a big rebound and as it regained yesterday's losses. The Philippine Stock Exchange Index (PSEi) had a huge opening surge and kept its momentum to also close near its high.
PSEi previous close - 2352.37 (Sept 18)
time-----------up------------PSEi
9:31---------74.20----------2426.57
9:32---------88.18
9:33---------93.43
9:36---------89.68
9:38---------92.28
9:39---------93.62
9:44---------99.09
9:47--------103.22----------2455.59
9:50--------100.84
9:55---------98.96
10:07-------101.46
10:12-------104.75
10:13-------105.35
10:14-------102.39
10:15--------99.32
10:17-------103.11
10:19-------103.49
10:23-------105.26
10:28-------105.68
10:29-------108.47
10:34-------110.00
10:35-------110.33
10:37-------111.97----------2464.34
10:43-------108.60
10:45-------110.86
10:48-------112.24
10:52-------113.00
10:53-------115.09
10:54-------117.37
10:59-------117.94
11:01-------119.42----------2471.79
11:03-------116.03
11:05-------114.94
11:08-------118.62
11:11-------119.01
11:12-------116.01
11:13-------120.33----------2472.70 (day's high)
11:15-------119.99
11:16-------118.30
11:17-------115.82
11:23-------114.78
11:25-------113.85
11:28-------117.70
11:32-------115.15
11:41-------113.93
11:46-------111.39
11:47-------109.85
11:51-------108.84
11:55-------107.64
11:56-------105.64
11:59-------107.36
12:01-------110.42------------2462.79 (+4.69%)
Market Close.
Value turnover: PhP 3.087 bn
Cross transactions: PhP 946 mn
Block Sales: 27000 shs TEL @ 2461.8965 = PhP 66.47mn
---------------15000 shs TEL @ 2439.4098 = PhP 36.59 mn
Advancers 99
Decliners 18
Unchanged 29
Sectoral Indices.
Financial +7.54%
Holdings +5.38%
Property +4.37%
M-O +3.38%
Services +2.94%
Industrial +2.69%
The Day's Top Gainers:
SHNG: PhP 1.54; +28.33%
LSC: PhP 1.32; +17.86%
MBT: PhP 34.50; +13.11%
The Day's Biggest Decliners:
PHES: PhP 0.16; -23.81%
ROX: PhP 2.50; -16.67%
OMW2: PhP 0.0055; -8.33%
At mid-day:
Asian Equities markets were up.
Yesterday, the HangSeng Index (Hong Kong) also recovered its losses of more than 1000 points as of noon. It ended the Sept 18 trading day at 17632.46.
The Philippine Peso was at PhP 46.710 vs US$ 1.00.
Thursday, September 18, 2008
The Philippine Stock Market - September 18, 2008
Dow Jones Industrial Average(DJIA) Summary
Index Value: 10,609.66
Trade Time: Sept 17
Change: Down 449.36 (-4.06%)
Prev Close: 11,059.02
Open: 11,056.58
Day's Range: 10595.90 - 11057.31
WallStreet goes into another freefall and closes near its low.
New York Metal and Oil Report:
Gold - up $77.85 : $858.35/$858.85
US Oil - up $ 4.01 : $95.16
The local equities market continues to suffer from negative sentiment and another selldown ensues. Concerns on bank exposures in troubled US financial giants hound investors. The Philippine Stock Exchange Index (PSEi)continues to look for a support and closes near its low.
PSEi previous close - 2457.00 (Sept 17)
time------------down-------------PSEi
9:31-----------58.47-----------2398.53
The 2400 level is immediately broken.
9:32-----------60.60
9:33-----------62.95
9:38-----------66.76
9:39-----------68.33
9:40-----------68.39
9:42-----------68.73-----------2388.27
9:45-----------66.31
9:48-----------60.98
9:50-----------55.02-----------2401.98
9:53-----------63.99
9:54-----------64.18
9:55-----------65.58
10:00----------62.36
10:01----------60.73
10:05----------61.85
10:06----------63.55
10:07----------67.82
10:08----------68.98
10:09----------69.53-----------2387.47
10:15----------67.69
10:19----------68.23
10:22----------69.23
10:23----------70.10
10:29----------72.49
10:31----------73.27
10:35----------76.31
10:36----------76.50
10:37----------76.73
10:38----------76.79-----------2380.21
10:39----------72.58
10:41----------75.28
10:42----------77.99
10:43----------79.01
10:44----------81.12
10:45----------83.42
10:46----------86.06----------2370.94
The July 16, 2008 low of 2372 is broken.
10:47----------86.69
10:48----------87.79
10:49----------87.97
10:53----------88.68
10:54----------86.97
10:55----------85.74
11:00----------84.33----------2372.67
11:03----------86.64
11:07----------88.18
11:10----------90.05
11:13----------91.56
11:14----------93.15
11:15----------94.69
11:16----------96.35----------2360.65
11:17----------97.23
11:19----------98.13
11:20---------100.01----------2356.99
11:22----------97.76
11;25----------98.78
11:26---------100.77
11:27---------103.92
11:28---------104.06
11:37---------101.16
11:38---------104.05
11:39---------105.28
11:40---------105.63
11:41---------106.00
11:42---------107.89---------2349.11
11:44---------105.67
11:45---------106.53
11:46---------106.18
11:47---------104.84
11:49---------102.69
11:53---------106.63
11:54---------109.09
11:55---------110.56
11:56---------111.71
11:57---------112.05
11:58---------114.54--------2342.46 (day's low)
11:59---------111.94
12:01---------104.63--------2352.37 (-4.26%)
Market Close.
Value turnover: PhP 2.158 bn
Cross transactions: PhP 643 mn
A chart gap was opened today at the 2441-2398 level. This week, the PSEi has already lost 293.75 points or 11% in the past four trading days.
The support seen is at 2289, the July 3, 2008 low.
Advancers 14
Decliners 117
Unchanged 23
Sectoral Indices.
Industrial -6.81%
Property -5.88%
Holdings -4.98%
Services -2.74%
M-O -2.74%
Financial -1.90%
The Day's Top Gainers:
MFC: PhP 1250.00; +13.12%
BDO: PhP 34.50; +9.52%
PAL: PhP 3.70; +8.82%
The Day's Biggest Decliners:
PRIM: PhP 0.47; -39.74%
SHNG: PhP 1.20; -29.41%
CDC: PhP 1.30; -26.14%
Declines of Select Indices from the year-highs:
Index--------------date/yr high---------------date/value----------------% down
PSEi---------------Oct 8 07/3896.74---------Sept 18 08/2352.37-------39.63%
DJIA--------------Oct 11 07/14198.10-------Sept 17 08/10609.66------25.55%
HangSeng--------Oct 30 07/31958.40------Sept 17 08/17637.19------44.89%
Shanghai---------Oct 17 07/6124.04--------Sept 17 08/1929.05-------69.23%
At mid-day: (Sept 18)
Asian markets were down. The HangSeng Index (HongKong) was down by 1234.01 pts (16403.18).
The Philippine Peso was at PhP 47.252 vs US$ 1.00.
Index Value: 10,609.66
Trade Time: Sept 17
Change: Down 449.36 (-4.06%)
Prev Close: 11,059.02
Open: 11,056.58
Day's Range: 10595.90 - 11057.31
WallStreet goes into another freefall and closes near its low.
New York Metal and Oil Report:
Gold - up $77.85 : $858.35/$858.85
US Oil - up $ 4.01 : $95.16
The local equities market continues to suffer from negative sentiment and another selldown ensues. Concerns on bank exposures in troubled US financial giants hound investors. The Philippine Stock Exchange Index (PSEi)continues to look for a support and closes near its low.
PSEi previous close - 2457.00 (Sept 17)
time------------down-------------PSEi
9:31-----------58.47-----------2398.53
The 2400 level is immediately broken.
9:32-----------60.60
9:33-----------62.95
9:38-----------66.76
9:39-----------68.33
9:40-----------68.39
9:42-----------68.73-----------2388.27
9:45-----------66.31
9:48-----------60.98
9:50-----------55.02-----------2401.98
9:53-----------63.99
9:54-----------64.18
9:55-----------65.58
10:00----------62.36
10:01----------60.73
10:05----------61.85
10:06----------63.55
10:07----------67.82
10:08----------68.98
10:09----------69.53-----------2387.47
10:15----------67.69
10:19----------68.23
10:22----------69.23
10:23----------70.10
10:29----------72.49
10:31----------73.27
10:35----------76.31
10:36----------76.50
10:37----------76.73
10:38----------76.79-----------2380.21
10:39----------72.58
10:41----------75.28
10:42----------77.99
10:43----------79.01
10:44----------81.12
10:45----------83.42
10:46----------86.06----------2370.94
The July 16, 2008 low of 2372 is broken.
10:47----------86.69
10:48----------87.79
10:49----------87.97
10:53----------88.68
10:54----------86.97
10:55----------85.74
11:00----------84.33----------2372.67
11:03----------86.64
11:07----------88.18
11:10----------90.05
11:13----------91.56
11:14----------93.15
11:15----------94.69
11:16----------96.35----------2360.65
11:17----------97.23
11:19----------98.13
11:20---------100.01----------2356.99
11:22----------97.76
11;25----------98.78
11:26---------100.77
11:27---------103.92
11:28---------104.06
11:37---------101.16
11:38---------104.05
11:39---------105.28
11:40---------105.63
11:41---------106.00
11:42---------107.89---------2349.11
11:44---------105.67
11:45---------106.53
11:46---------106.18
11:47---------104.84
11:49---------102.69
11:53---------106.63
11:54---------109.09
11:55---------110.56
11:56---------111.71
11:57---------112.05
11:58---------114.54--------2342.46 (day's low)
11:59---------111.94
12:01---------104.63--------2352.37 (-4.26%)
Market Close.
Value turnover: PhP 2.158 bn
Cross transactions: PhP 643 mn
A chart gap was opened today at the 2441-2398 level. This week, the PSEi has already lost 293.75 points or 11% in the past four trading days.
The support seen is at 2289, the July 3, 2008 low.
Advancers 14
Decliners 117
Unchanged 23
Sectoral Indices.
Industrial -6.81%
Property -5.88%
Holdings -4.98%
Services -2.74%
M-O -2.74%
Financial -1.90%
The Day's Top Gainers:
MFC: PhP 1250.00; +13.12%
BDO: PhP 34.50; +9.52%
PAL: PhP 3.70; +8.82%
The Day's Biggest Decliners:
PRIM: PhP 0.47; -39.74%
SHNG: PhP 1.20; -29.41%
CDC: PhP 1.30; -26.14%
Declines of Select Indices from the year-highs:
Index--------------date/yr high---------------date/value----------------% down
PSEi---------------Oct 8 07/3896.74---------Sept 18 08/2352.37-------39.63%
DJIA--------------Oct 11 07/14198.10-------Sept 17 08/10609.66------25.55%
HangSeng--------Oct 30 07/31958.40------Sept 17 08/17637.19------44.89%
Shanghai---------Oct 17 07/6124.04--------Sept 17 08/1929.05-------69.23%
At mid-day: (Sept 18)
Asian markets were down. The HangSeng Index (HongKong) was down by 1234.01 pts (16403.18).
The Philippine Peso was at PhP 47.252 vs US$ 1.00.
Wednesday, September 17, 2008
The Philippine Stock Market - September 17, 2008
Dow Jones Industrial Average(DJIA) Summary
Index Value: 11,059.02
Trade Time: Sept 16
Change: Up 141.51 (+1.30%)
Prev Close: 10,917.51
Open: 10,905.62
Day's Range: 10742.70 - 11093.22
Another volatile trading session in WallStreet. After opening weak and declining by around 175 points; the DJIA rebounded and closed near its high. It moved in a wide 350 point range.
The US Federal Reserve leaves interest rates unchanged at 2.00%
US Consumer Price Index drops in August by 0.1%. Its first decline in around 2 years.
US Bank, Barclays to buy some core assets of investment giant Lehman Brothers for around $1.75 bn.
The US fed takes over AIG by offering a bridging loan of $85 in exchange for 80% of the leading insurer.
The local equities market also rebounds after huge declines the past couple of days. The Philippine Stock Exchange Index (PSEi) however closed off its highs and ended with modest gains.
PSEi previous close - 2421.72 (Sept 16)
time---------up-------------PSEi
9:31--------19.75---------2441.47
9:32--------20.33
9:33--------22.23
9:34--------26.62
9:35--------30.77---------2452.49
The PSEi goes over the 2450 level.
9:36--------34.57
9:37--------38.32
9:38--------39.40
9:39--------46.06
9:40--------48.38---------2470.10
9:43--------49.45
9:44--------51.48
9:45--------52.07
9:47--------53.63
9:50--------57.05
9:51--------58.80
9:52--------59.60
9:55--------59.89
9:56--------62.39
9:57--------64.56---------2486.28 (day's high)
9:59--------60.77
10:04-------56.42
The market moves in a narrow range in the next hour.
10:09-------55.16
10:17-------54.04
10:26-------53.29
10:33-------56.11
10:35-------57.28
10:40-------54.83
10:45-------56.64
10:48-------55.47
10:50-------56.01
10:54-------54.96
10:55-------54.77
11:01-------54.77
11:02-------55.63
11:09-------55.50
The PSEi moves in a lower range.
11:12-------53.95
11:13-------49.08
11:15-------46.22
11:18-------48.87
11:20-------50.09
11:25-------50.40
11:26-------48.37
11:29-------46.26
11:30-------45.86
11:35-------45.56
11:37-------47.46
11:38-------44.08
11:42-------43.42
11:47-------43.31
11:53-------41.94
11:55-------41.36
11:56-------40.13
Banking stocks BDO, MBT and BPI suffers a late selldown.
11:57-------35.74
11:58-------34.89
12:01-------35.28------------2457.00 (+1.46%)
Market Close.
Value turnover: PhP 2.709 bn
Cross transactions: PhP 1.219 bn
Block Sale: 10,000 shs TEL @ PhP 2500 = PhP 25 mn
Advancers: 67
Decliners: 26
Unchanged: 48
Sectoral Indices.
Property +2.61%
Industrial +1.82%
Holdings +1.26%
Services +1.22%
M-O +1.12%
Financial -0.31%
The Day's Top Gainers:
EVER: PhP 0.13; +23.81%
PMPC: PhP 7.50; +19.05%
SHNG: PhP 1.70; +10.39%
The Day's Biggest Decliners:
POPI: PhP 0.26; -25.71%
MHC: PhP 0.19; -24.00%
SCC: PhP 47.00; -11.32%
At mid-day:
Asian equities markets were mostly up.
The Philippine Peso was at PhP 47.017 vs US$ 1.00.
Index Value: 11,059.02
Trade Time: Sept 16
Change: Up 141.51 (+1.30%)
Prev Close: 10,917.51
Open: 10,905.62
Day's Range: 10742.70 - 11093.22
Another volatile trading session in WallStreet. After opening weak and declining by around 175 points; the DJIA rebounded and closed near its high. It moved in a wide 350 point range.
The US Federal Reserve leaves interest rates unchanged at 2.00%
US Consumer Price Index drops in August by 0.1%. Its first decline in around 2 years.
US Bank, Barclays to buy some core assets of investment giant Lehman Brothers for around $1.75 bn.
The US fed takes over AIG by offering a bridging loan of $85 in exchange for 80% of the leading insurer.
The local equities market also rebounds after huge declines the past couple of days. The Philippine Stock Exchange Index (PSEi) however closed off its highs and ended with modest gains.
PSEi previous close - 2421.72 (Sept 16)
time---------up-------------PSEi
9:31--------19.75---------2441.47
9:32--------20.33
9:33--------22.23
9:34--------26.62
9:35--------30.77---------2452.49
The PSEi goes over the 2450 level.
9:36--------34.57
9:37--------38.32
9:38--------39.40
9:39--------46.06
9:40--------48.38---------2470.10
9:43--------49.45
9:44--------51.48
9:45--------52.07
9:47--------53.63
9:50--------57.05
9:51--------58.80
9:52--------59.60
9:55--------59.89
9:56--------62.39
9:57--------64.56---------2486.28 (day's high)
9:59--------60.77
10:04-------56.42
The market moves in a narrow range in the next hour.
10:09-------55.16
10:17-------54.04
10:26-------53.29
10:33-------56.11
10:35-------57.28
10:40-------54.83
10:45-------56.64
10:48-------55.47
10:50-------56.01
10:54-------54.96
10:55-------54.77
11:01-------54.77
11:02-------55.63
11:09-------55.50
The PSEi moves in a lower range.
11:12-------53.95
11:13-------49.08
11:15-------46.22
11:18-------48.87
11:20-------50.09
11:25-------50.40
11:26-------48.37
11:29-------46.26
11:30-------45.86
11:35-------45.56
11:37-------47.46
11:38-------44.08
11:42-------43.42
11:47-------43.31
11:53-------41.94
11:55-------41.36
11:56-------40.13
Banking stocks BDO, MBT and BPI suffers a late selldown.
11:57-------35.74
11:58-------34.89
12:01-------35.28------------2457.00 (+1.46%)
Market Close.
Value turnover: PhP 2.709 bn
Cross transactions: PhP 1.219 bn
Block Sale: 10,000 shs TEL @ PhP 2500 = PhP 25 mn
Advancers: 67
Decliners: 26
Unchanged: 48
Sectoral Indices.
Property +2.61%
Industrial +1.82%
Holdings +1.26%
Services +1.22%
M-O +1.12%
Financial -0.31%
The Day's Top Gainers:
EVER: PhP 0.13; +23.81%
PMPC: PhP 7.50; +19.05%
SHNG: PhP 1.70; +10.39%
The Day's Biggest Decliners:
POPI: PhP 0.26; -25.71%
MHC: PhP 0.19; -24.00%
SCC: PhP 47.00; -11.32%
At mid-day:
Asian equities markets were mostly up.
The Philippine Peso was at PhP 47.017 vs US$ 1.00.
Tuesday, September 16, 2008
The Philippine Stock Market - September 16, 2008
Dow Jones Industrial Average(DJIA) Summary
Index Value: 10,917.51
Trade Time: Sep 15
Change: Down 504.48 (-4.42%)
Prev Close: 11,421.99
Open: 11,416.37
Day's Range: 10917.51 - 11416.45
Meltdow in WallStreet. The Dow Jones Industrial Average (DJIA) loses more than 500 points to break below the 11000 level and close at its low.
The S&P 500 drops the most since the Sept 11, 2000 attacks.
The local equities market declines together with the other asian markets. Together with negative sentiment, some issues have been affected ans sold down because of their exposeure to Lehman Brothers. The Philippine Stock Exchange Index (PSEI) drops again by more than 4%.
PSEi previous close - 2536.16 (Sept 15)
time-----------down-----------PSEi
9:31----------15.22----------2520.94
9:32----------52.24----------2483.92
The 2500 level was immediately broken.
9:33----------61.92
9:34----------65.20
9:35----------66.51
9:36----------71.71
9:37----------77.22
9:38----------80.41
9:41----------80.85-----------2455.31
9:43---------108.11-----------2428.05
9:44---------113.23
9:46---------117.05
9:49---------118.16
9:50---------119.31
9:51---------121.63
9:54---------122.15
9:56---------122.48-----------2413.63 (day's low)
10:10--------115.01
10:12--------112.66
10:13--------107.18
10:15--------105.18
10:19--------104.84
10:45--------103.50
10:48--------102.47
11:00--------107.51
11:10--------106.28
11:12--------109.93
11:18--------112.70
11:20--------113.74
11:23--------114.55
11:29--------115.95
11:30--------116.36
11:34--------118.35
11:41--------116.62
11:42--------114.93
11:45--------110.65
11:51--------114.94
11:53--------113.30
11:55--------111.83
11:59--------111.77
12:01--------114.04-------------2421.72 (-4.51%)
Market Close.
Value turnover: PhP 2.485 bn
Cross transactions: PhP 792 mn
Block Sales: TEL 33,340 shs @2600 and 10,280 shs @ 2605 = PhP 113mn
Advancers: 13
Decliners: 107
Unchanged 22
Sectoral Indices again fell across-the-board:
Finacial -8.41%
M-O -4.54%
Industrial -4.28%
Property -4.14%
Holdings -3.73%
Services -3.28%
The Day's Top Gainers:
I: PhP 4.60; +15.00%
ATNB: PhP 4.80; +5.49%
ZHI: PhPO 0.24; +4.35%
The Day's Biggest Decliners:
MFC: PhP 1,105.00; -26.33%
EVER: PhP 0.105; -22.22%
BDO: PhP 33.00; -15.38%
At mid-day:
Asian equities market were down.
The Philippine Peso was at PhP 47.271 vs US$ 1.00.
Index Value: 10,917.51
Trade Time: Sep 15
Change: Down 504.48 (-4.42%)
Prev Close: 11,421.99
Open: 11,416.37
Day's Range: 10917.51 - 11416.45
Meltdow in WallStreet. The Dow Jones Industrial Average (DJIA) loses more than 500 points to break below the 11000 level and close at its low.
The S&P 500 drops the most since the Sept 11, 2000 attacks.
The local equities market declines together with the other asian markets. Together with negative sentiment, some issues have been affected ans sold down because of their exposeure to Lehman Brothers. The Philippine Stock Exchange Index (PSEI) drops again by more than 4%.
PSEi previous close - 2536.16 (Sept 15)
time-----------down-----------PSEi
9:31----------15.22----------2520.94
9:32----------52.24----------2483.92
The 2500 level was immediately broken.
9:33----------61.92
9:34----------65.20
9:35----------66.51
9:36----------71.71
9:37----------77.22
9:38----------80.41
9:41----------80.85-----------2455.31
9:43---------108.11-----------2428.05
9:44---------113.23
9:46---------117.05
9:49---------118.16
9:50---------119.31
9:51---------121.63
9:54---------122.15
9:56---------122.48-----------2413.63 (day's low)
10:10--------115.01
10:12--------112.66
10:13--------107.18
10:15--------105.18
10:19--------104.84
10:45--------103.50
10:48--------102.47
11:00--------107.51
11:10--------106.28
11:12--------109.93
11:18--------112.70
11:20--------113.74
11:23--------114.55
11:29--------115.95
11:30--------116.36
11:34--------118.35
11:41--------116.62
11:42--------114.93
11:45--------110.65
11:51--------114.94
11:53--------113.30
11:55--------111.83
11:59--------111.77
12:01--------114.04-------------2421.72 (-4.51%)
Market Close.
Value turnover: PhP 2.485 bn
Cross transactions: PhP 792 mn
Block Sales: TEL 33,340 shs @2600 and 10,280 shs @ 2605 = PhP 113mn
Advancers: 13
Decliners: 107
Unchanged 22
Sectoral Indices again fell across-the-board:
Finacial -8.41%
M-O -4.54%
Industrial -4.28%
Property -4.14%
Holdings -3.73%
Services -3.28%
The Day's Top Gainers:
I: PhP 4.60; +15.00%
ATNB: PhP 4.80; +5.49%
ZHI: PhPO 0.24; +4.35%
The Day's Biggest Decliners:
MFC: PhP 1,105.00; -26.33%
EVER: PhP 0.105; -22.22%
BDO: PhP 33.00; -15.38%
At mid-day:
Asian equities market were down.
The Philippine Peso was at PhP 47.271 vs US$ 1.00.
Monday, September 15, 2008
The Philippine Stock Market - September 15, 2008
News on Bloomberg TV during the trading session at the PSE:
Lehman Brothers prepares to file for bankruptcy.
Bank of America buys Merrill Lynch.
Dow Futures is down by around 2.5% (about 300 points).
The local equities market drops on renewed worries in the US financial sector even as World Crude prices touches a six month low below the $100 a barrel level. The Philippine Stock Exchange Index (PSEi) goes below its support levels and ends at its low.
PSEi previous close - 2646.12 (Sept 12)
time---------down------------PSEi
9:31--------14.73-----------2631.39
9:32--------20.51
9:33--------23.52
9:40--------24.76
9:45--------31.76
9:51--------32.83
9:53--------38.56-----------2607.56
The chart gap from the 2611 level left open since August 5 is filled up.
9:54--------40.90
9:57--------41.50
10:00-------43.83
10:03-------44.11
10:05-------45.80
10:07-------46.22-----------2599.90
The market goes below the 2600 level. The decline continues as panic selling sets in.
10:12-------46.46
10:17-------47.24
10:20-------48.59
10:23-------49.52
10:28-------52.20
10:32-------54.53
10:36-------55.12
10:39-------56.13-----------2589.99
10:43-------56.29
10:45-------59.74
10:49-------64.19
10:51-------66.00-----------2580.01
10:52--------66.77
11:00--------67.14
11:04--------68.37
11:05--------69.90
11:08--------70.90
11:09--------73.01
11:12--------75.74
11:13--------76.56----------2569.56
11:16--------83.52
11:21--------84.30
11:24--------86.40----------2559.72
11:25--------89.11
11:28--------96.74----------2549.38
11:32--------96.84
11:33--------97.99
11:34--------98.33
11:35--------98.78
11:39--------99.71
11:42-------101.29
11:45-------102.39
11:48-------105.01----------2541.11
11:50-------100.79
11:52--------99.79----------2546.33
11:54-------104.06
11:56-------105.75
11:59-------109.55
12:01-------109.96----------2536.16 (-4.16%)
Market Close.
Value turnover: PhP 1.910 bn
Cross transactions: PhP 622 mn
Advancers: 11
Decliners: 92
Unchanged: 33
There was no index gainer:
Sectoral Indices.
Industrial -4.97%
Property -4.93%
Services -3.31%
Financial -3.18%
M-O -3.02%
Holdings -1.80%
The Day's Top Gainers:
OMW2: PhP 0.0065; +8.33%
AGI: PhP 4.10; +6.49%
ATN: PhP 4.40; +6.02%
The Day's Biggest Decliners:
EURO: PhP 1.54; -14.44%
CYBR: PhP 0.30; -11.76%
PAX: PhP 2.50; -10.71%
At mid-day:
Asian equities markets were down.
The Philippine Peso was at PhP 46.933 vs US$ 1.00.
Lehman Brothers prepares to file for bankruptcy.
Bank of America buys Merrill Lynch.
Dow Futures is down by around 2.5% (about 300 points).
The local equities market drops on renewed worries in the US financial sector even as World Crude prices touches a six month low below the $100 a barrel level. The Philippine Stock Exchange Index (PSEi) goes below its support levels and ends at its low.
PSEi previous close - 2646.12 (Sept 12)
time---------down------------PSEi
9:31--------14.73-----------2631.39
9:32--------20.51
9:33--------23.52
9:40--------24.76
9:45--------31.76
9:51--------32.83
9:53--------38.56-----------2607.56
The chart gap from the 2611 level left open since August 5 is filled up.
9:54--------40.90
9:57--------41.50
10:00-------43.83
10:03-------44.11
10:05-------45.80
10:07-------46.22-----------2599.90
The market goes below the 2600 level. The decline continues as panic selling sets in.
10:12-------46.46
10:17-------47.24
10:20-------48.59
10:23-------49.52
10:28-------52.20
10:32-------54.53
10:36-------55.12
10:39-------56.13-----------2589.99
10:43-------56.29
10:45-------59.74
10:49-------64.19
10:51-------66.00-----------2580.01
10:52--------66.77
11:00--------67.14
11:04--------68.37
11:05--------69.90
11:08--------70.90
11:09--------73.01
11:12--------75.74
11:13--------76.56----------2569.56
11:16--------83.52
11:21--------84.30
11:24--------86.40----------2559.72
11:25--------89.11
11:28--------96.74----------2549.38
11:32--------96.84
11:33--------97.99
11:34--------98.33
11:35--------98.78
11:39--------99.71
11:42-------101.29
11:45-------102.39
11:48-------105.01----------2541.11
11:50-------100.79
11:52--------99.79----------2546.33
11:54-------104.06
11:56-------105.75
11:59-------109.55
12:01-------109.96----------2536.16 (-4.16%)
Market Close.
Value turnover: PhP 1.910 bn
Cross transactions: PhP 622 mn
Advancers: 11
Decliners: 92
Unchanged: 33
There was no index gainer:
Sectoral Indices.
Industrial -4.97%
Property -4.93%
Services -3.31%
Financial -3.18%
M-O -3.02%
Holdings -1.80%
The Day's Top Gainers:
OMW2: PhP 0.0065; +8.33%
AGI: PhP 4.10; +6.49%
ATN: PhP 4.40; +6.02%
The Day's Biggest Decliners:
EURO: PhP 1.54; -14.44%
CYBR: PhP 0.30; -11.76%
PAX: PhP 2.50; -10.71%
At mid-day:
Asian equities markets were down.
The Philippine Peso was at PhP 46.933 vs US$ 1.00.
Saturday, September 13, 2008
Trading in WallStreet - September 12, 2008
Dow Jones Industrial Average(DJIA) Summary
Index Value: 11,421.99
Trade Time: September 12
Change: Down 11.72 (-0.10%)
Prev Close: 11,433.71
Open: 11,429.32
Day's Range: 11280.40 - 11459.93
WallStreet opened weak and was down more than 150 points at one point. It however recovered and recovered most of its losses.
US retail sales unexpectedly fell in August.
Index Value: 11,421.99
Trade Time: September 12
Change: Down 11.72 (-0.10%)
Prev Close: 11,433.71
Open: 11,429.32
Day's Range: 11280.40 - 11459.93
WallStreet opened weak and was down more than 150 points at one point. It however recovered and recovered most of its losses.
US retail sales unexpectedly fell in August.
Friday, September 12, 2008
The Philippine Stock Market - September 12, 2008
Dow Jones Industrial Average(DJIA) Summary
Index Value: 11,433.71
Trade Time: September 11
Change: Up 164.79 (+1.46%)
Prev Close: 11,268.92
Open: 11,264.44
Day's Range: 11098.67 - 11445.68
Another volatile trading day in WallStreet. After initially dropping more than 150 points; it recovered in the latter part of the session and closed near its high.
The local equities market continued its decline and tried to find its support. The Philippine Stock Exchange Index (PSEi) opened lower and settled at the 2632-2350 range.
PSEi previous close - 2672.56 (Sept. 11)
time-----------down------------PSEi
9:31-----------5.35------------2667.21
9:32-----------8.16
9:33-----------6.21
9:37----------17.89
9:38----------20.53
9:46----------23.39
9:48----------24.53
9:50----------26.27
9:55----------27.70------------2644.86
THe PSEi moves in a narrow range for the rest of the trading session.
9:57---------23.76
9:59---------25.08
10:00--------27.87
10:01--------29.07
10:02--------31.60
10:03--------32.12------------2640.44
10:04--------28.08
10:06--------26.55
10:12--------28.85
10:15--------27.24
10:25--------30.01
10:26--------31.45
10:32--------32.32
10:37--------31.14
10:39--------30.54
10:43--------29.91
10:46--------31.17
10:50--------32.63-----------2639.93(day's low)
11:00--------30.44
11:02--------24.94
11:03--------21.61-----------2650.95
The market tries to go over the 2650 level.
11:07-------27.74
11:16-------27.14
11:29-------28.13
11:32-------29.49
11:37-------25.64
11:40-------23.92
11:43-------22.60-----------2649.96
11:48-------28.62
11:50-------29.72
11:54-------29.85-----------2642.71
11:58-------29.44
11:59-------28.27
12:01-------26.44-----------2646.12 (-0.99%)
Market Close.
Value turnover: PhP 2.043 bn
Cross transactions: PhP 878 mn
Block Sales: 17520 shs TEL @ 2750 and 14250 shs @ 2755 = PhP 87.4 mn
Advancers: 27
Decliners: 52
Unchanged: 61
The chart gap at the 2611-2656 opened last August 5-6 has only been partially filled. The recent market low was seen at 2632 last August 26 and 27.
Sectoral Indices.
Services -1.68%
Industrial -1.39%
Holdings -0.88%
Property -0.53%
M-O +0.09%
Financial +0.79%
The Day's Top Gainers:
UPM: PhP 0.011; +10.00%
ORE: PhP 1.24; +8.77%
OV: PhP 0.029; +7.41%
The Day's Biggest Decliners:
DFNN: PhP 7.30; -8.75%
MAB: PhP 0.012; -7.69%
MA: PhP 0.012; -7.69%
At mid-day:
Asian equities markets were mostly up.
The Philippine Peso was at PhP 47.013 vs US$ 1.00.
Index Value: 11,433.71
Trade Time: September 11
Change: Up 164.79 (+1.46%)
Prev Close: 11,268.92
Open: 11,264.44
Day's Range: 11098.67 - 11445.68
Another volatile trading day in WallStreet. After initially dropping more than 150 points; it recovered in the latter part of the session and closed near its high.
The local equities market continued its decline and tried to find its support. The Philippine Stock Exchange Index (PSEi) opened lower and settled at the 2632-2350 range.
PSEi previous close - 2672.56 (Sept. 11)
time-----------down------------PSEi
9:31-----------5.35------------2667.21
9:32-----------8.16
9:33-----------6.21
9:37----------17.89
9:38----------20.53
9:46----------23.39
9:48----------24.53
9:50----------26.27
9:55----------27.70------------2644.86
THe PSEi moves in a narrow range for the rest of the trading session.
9:57---------23.76
9:59---------25.08
10:00--------27.87
10:01--------29.07
10:02--------31.60
10:03--------32.12------------2640.44
10:04--------28.08
10:06--------26.55
10:12--------28.85
10:15--------27.24
10:25--------30.01
10:26--------31.45
10:32--------32.32
10:37--------31.14
10:39--------30.54
10:43--------29.91
10:46--------31.17
10:50--------32.63-----------2639.93(day's low)
11:00--------30.44
11:02--------24.94
11:03--------21.61-----------2650.95
The market tries to go over the 2650 level.
11:07-------27.74
11:16-------27.14
11:29-------28.13
11:32-------29.49
11:37-------25.64
11:40-------23.92
11:43-------22.60-----------2649.96
11:48-------28.62
11:50-------29.72
11:54-------29.85-----------2642.71
11:58-------29.44
11:59-------28.27
12:01-------26.44-----------2646.12 (-0.99%)
Market Close.
Value turnover: PhP 2.043 bn
Cross transactions: PhP 878 mn
Block Sales: 17520 shs TEL @ 2750 and 14250 shs @ 2755 = PhP 87.4 mn
Advancers: 27
Decliners: 52
Unchanged: 61
The chart gap at the 2611-2656 opened last August 5-6 has only been partially filled. The recent market low was seen at 2632 last August 26 and 27.
Sectoral Indices.
Services -1.68%
Industrial -1.39%
Holdings -0.88%
Property -0.53%
M-O +0.09%
Financial +0.79%
The Day's Top Gainers:
UPM: PhP 0.011; +10.00%
ORE: PhP 1.24; +8.77%
OV: PhP 0.029; +7.41%
The Day's Biggest Decliners:
DFNN: PhP 7.30; -8.75%
MAB: PhP 0.012; -7.69%
MA: PhP 0.012; -7.69%
At mid-day:
Asian equities markets were mostly up.
The Philippine Peso was at PhP 47.013 vs US$ 1.00.
Thursday, September 11, 2008
The Philippine Stock Market - September 11, 2008
Dow Jones Industrial Average(DJIA) Summary
Index Value: 11,268.92
Trade Time: September 10
Change: Up 38.19 (+0.34%)
Prev Close: 11,230.73
Open: 11,233.91
Day's Range: 11,215.26 - 11,380.63
The local equities market fell through the 2700 level. The Philippine Stock Exchange Index (PSEi) was weak throughout the trading session and it closed near its low.
PSEi previous close - 2709.49 (Sept 10)
time------------down------------PSEi
9:31----------27.34------------2682.15
The 2700 level is immediately broken. PLDT (TEL) opened at PhP 2730 from a previous close of PhP 2770. It sets the trend for the day.
9:32----------19.63
9:37----------14.66
9:39----------10.65
9:40-----------9.22------------2700.27
The PSEi tries to go back above the 2700 level.
9:44-----------4.99
9:47-----------3.56------------2705.93
9:48-----------5.90
9:51-----------8.96
The Philippine Peso trades at PhP 47.056 vs US$ 1.00.
9:59----------10.10------------2699.39
The PSEi goes below the 2700 level anew.
10:04---------11.84
10:09---------12.20
10:16---------13.92
10:21---------14.73
10:23---------16.36
10:27---------17.65
10:39---------17.86
10:46---------18.83
10:47---------19.13------------2690.36
10:55---------16.45
10:59---------15.64
11:01---------14.13
11:05---------10.50------------2698.99
Another attempt to go above the 2700 level fails. The decline again accelerates.
11:13---------16.76
11:26---------29.84
11:28---------31.92
11:31---------32.26
11:32---------34.59
11:33---------36.61
11:40---------36.84
11:42---------37.25-----------2672.24 (day's low)
11:51---------34.00
11:57---------36.93
11:58---------35.21
11:59---------34.75
12:01---------36.93-----------2672.56 (-1.36%)
Market Close.
Value turnover: PhP 4.916 bn
Cross transactions: PhP 929 mn
Block Sales: 456,689,000 shares HLCM @ 5.70 = PhP 2.603bn
---------------20,000 shares TEL @ 2775.00 = PhP 55 mn
Advancers: 25
Decliners: 76
Unchanged: 43
The immediate market support is seen at the 2632-2650 levels.
Sectoral Indices were down across-the-board.
Holdings -2.11%
M-O -2.03%
Financial -1.46%
Services -0.89%
Industrial -0.67%
Property -0.51%
Index Issue Top Decliners:
BPI: -6.32 pts
TEL: -5.72 pts
AC: -5.14 pts
SM: -4.31 pts
BDO: -2.34 pts
The Day's Top Gainers:
CRC: PhP 4.50; +11.11%
WIN: PhP 0.21; +7.69%
HLCM: PhP 5.60; +5.66%
The Day's Biggest Decliners:
ATSP: PhP 2.00; -32.20%
FED: PhP 4.00; -27.27%
ATRK: PhP 3.50; -12.50%
At mid-day:
Asian equities markets were mostly down.
The Philippine Peso was at PhP 47.071 vs US$ 1.00.
Index Value: 11,268.92
Trade Time: September 10
Change: Up 38.19 (+0.34%)
Prev Close: 11,230.73
Open: 11,233.91
Day's Range: 11,215.26 - 11,380.63
The local equities market fell through the 2700 level. The Philippine Stock Exchange Index (PSEi) was weak throughout the trading session and it closed near its low.
PSEi previous close - 2709.49 (Sept 10)
time------------down------------PSEi
9:31----------27.34------------2682.15
The 2700 level is immediately broken. PLDT (TEL) opened at PhP 2730 from a previous close of PhP 2770. It sets the trend for the day.
9:32----------19.63
9:37----------14.66
9:39----------10.65
9:40-----------9.22------------2700.27
The PSEi tries to go back above the 2700 level.
9:44-----------4.99
9:47-----------3.56------------2705.93
9:48-----------5.90
9:51-----------8.96
The Philippine Peso trades at PhP 47.056 vs US$ 1.00.
9:59----------10.10------------2699.39
The PSEi goes below the 2700 level anew.
10:04---------11.84
10:09---------12.20
10:16---------13.92
10:21---------14.73
10:23---------16.36
10:27---------17.65
10:39---------17.86
10:46---------18.83
10:47---------19.13------------2690.36
10:55---------16.45
10:59---------15.64
11:01---------14.13
11:05---------10.50------------2698.99
Another attempt to go above the 2700 level fails. The decline again accelerates.
11:13---------16.76
11:26---------29.84
11:28---------31.92
11:31---------32.26
11:32---------34.59
11:33---------36.61
11:40---------36.84
11:42---------37.25-----------2672.24 (day's low)
11:51---------34.00
11:57---------36.93
11:58---------35.21
11:59---------34.75
12:01---------36.93-----------2672.56 (-1.36%)
Market Close.
Value turnover: PhP 4.916 bn
Cross transactions: PhP 929 mn
Block Sales: 456,689,000 shares HLCM @ 5.70 = PhP 2.603bn
---------------20,000 shares TEL @ 2775.00 = PhP 55 mn
Advancers: 25
Decliners: 76
Unchanged: 43
The immediate market support is seen at the 2632-2650 levels.
Sectoral Indices were down across-the-board.
Holdings -2.11%
M-O -2.03%
Financial -1.46%
Services -0.89%
Industrial -0.67%
Property -0.51%
Index Issue Top Decliners:
BPI: -6.32 pts
TEL: -5.72 pts
AC: -5.14 pts
SM: -4.31 pts
BDO: -2.34 pts
The Day's Top Gainers:
CRC: PhP 4.50; +11.11%
WIN: PhP 0.21; +7.69%
HLCM: PhP 5.60; +5.66%
The Day's Biggest Decliners:
ATSP: PhP 2.00; -32.20%
FED: PhP 4.00; -27.27%
ATRK: PhP 3.50; -12.50%
At mid-day:
Asian equities markets were mostly down.
The Philippine Peso was at PhP 47.071 vs US$ 1.00.
Wednesday, September 10, 2008
The Philippine Stock Market - September 10, 2008
The local equities market was lower today and continued to trade in a narrow range. Even as the Dow Jones Industrial Average (DJIA) fell almost 300 points and gave back its huge gains previously; the Philippine Stock Exchange Index (PSEi) limited its losses and stayed above the 2700 level.
PSEi previous close - 2721.52 (September 9)
open - 2711.11
low - 2699.98 (-21.64)
close - 2709.49 (-12.03 or -0.44%)
Value turnover: PhP 4.055 bn
Cross transactions: PhP 1.377 bn
Block Sales: 209,594,000 shs PX @ 7.50 = PhP 1.571 bn
Advancers: 27
Decliners 62
Unchanged 53
Sectoral Indices.
M-O -1.04%
Property -0.72%
Holdings -0.64%
Services -0.50%
Financial -0.23%
Industrial +0.43%
The Day's Top Gainers:
PHES: PhP 0.21; +16.67%
SMC: PhP 52.00; +8.33%
OM: PhP 0.013; +8.33%
The Day's Biggest Decliners:
MVC: PhP 0.40; -33.33%
ILIB: PhP 0.98; -26.53%
JOH: PhP 1.12; -13.85%
At mid-day:
Asian equities markets were mostly down.
The Philippine Peso was at PhP 46.873 vs US$ 1.00.
PSEi previous close - 2721.52 (September 9)
open - 2711.11
low - 2699.98 (-21.64)
close - 2709.49 (-12.03 or -0.44%)
Value turnover: PhP 4.055 bn
Cross transactions: PhP 1.377 bn
Block Sales: 209,594,000 shs PX @ 7.50 = PhP 1.571 bn
Advancers: 27
Decliners 62
Unchanged 53
Sectoral Indices.
M-O -1.04%
Property -0.72%
Holdings -0.64%
Services -0.50%
Financial -0.23%
Industrial +0.43%
The Day's Top Gainers:
PHES: PhP 0.21; +16.67%
SMC: PhP 52.00; +8.33%
OM: PhP 0.013; +8.33%
The Day's Biggest Decliners:
MVC: PhP 0.40; -33.33%
ILIB: PhP 0.98; -26.53%
JOH: PhP 1.12; -13.85%
At mid-day:
Asian equities markets were mostly down.
The Philippine Peso was at PhP 46.873 vs US$ 1.00.
Tuesday, September 9, 2008
The Philippine Stock Market - September 09, 2008
Dow Jones Industrial Average(DJIA) Summary
Index Value: 11,510.74
Trade Time: September 8
Change: Up 290.43 (+2.59%)
Prev Close: 11,220.31
Open: 11,224.87
Day's Range: 11,224.79 - 11,570.66
Asian equities market reversed from their bullish advance yesterday. The local equities market remained sluggish. The Philippine Stock Exchange Index (PSEi) moved in a narrow range today.
PSEi previous close - 2728.53 (September 8)
time-----------change-------------PSEi
9:31----------up 0.64------------2729.17
9:37-------------3.91
9:40-------------6.77
9:41------------10.77------------2739.15 (day's high)
The market moves in a tight range for about an hour.
9:48----------up 6.36
9:49-------------4.93
10:08------------5.85
10:11------------4.67
10:17------------3.32
10:39------------4.41
10:40---------up 0.09
The PSEi touches negative territory.
10:42-------down 1.34
10:43------------1.93
10:46---------up 3.35
10:58------------2.06
11:03------------3.69
11:04------------4.95
11:08------------1.01
The PSEi stays in the RED for the rest of the session.
11:17-------down 1.60
11:18------------3.32
11:22------------4.18
11:25------------6.28
11:28------------8.39
11:35-------down 7.25
11:41------------5.53
11:42-----------10.35
11:45-----------12.06
11:51-----------13.75------------2714.78 (day's low)
11:54------down 9.71
11:55-----------4.93
11:57-----------9.16
11:58-----------5.53
11:59-----------8.97
12:01-----------7.01--------------2721.52 (-0.26%)
Market close.
Value turnover: PhP 2.162 bn
Cross transactions: PhP 915 mn
Advancers 26
Decliners 72
Unchanged 48
Sectoral Indices.
M-O -1.69%
Holdings -1.25%
Financial -0.63%
Property -0.23%
Industrial -0.18%
Services +0.76%
The Day's Top Gainers:
APR: PhP 2.50; +19.05%
CYBR: PhP 0.38; +15.15%
TDY: PhP 3.50; +12.90%
The Day's Biggest Decliners:
ETON: PhP 2.08; -16.80%
ATN: PhP 3.80; -11.63%
UPM: PhP 0.010; -9.09%
At mid-day:
Asian equities markets were down.
The Philippine Peso was at PhP 46.791 vs US$ 1.00.
Index Value: 11,510.74
Trade Time: September 8
Change: Up 290.43 (+2.59%)
Prev Close: 11,220.31
Open: 11,224.87
Day's Range: 11,224.79 - 11,570.66
Asian equities market reversed from their bullish advance yesterday. The local equities market remained sluggish. The Philippine Stock Exchange Index (PSEi) moved in a narrow range today.
PSEi previous close - 2728.53 (September 8)
time-----------change-------------PSEi
9:31----------up 0.64------------2729.17
9:37-------------3.91
9:40-------------6.77
9:41------------10.77------------2739.15 (day's high)
The market moves in a tight range for about an hour.
9:48----------up 6.36
9:49-------------4.93
10:08------------5.85
10:11------------4.67
10:17------------3.32
10:39------------4.41
10:40---------up 0.09
The PSEi touches negative territory.
10:42-------down 1.34
10:43------------1.93
10:46---------up 3.35
10:58------------2.06
11:03------------3.69
11:04------------4.95
11:08------------1.01
The PSEi stays in the RED for the rest of the session.
11:17-------down 1.60
11:18------------3.32
11:22------------4.18
11:25------------6.28
11:28------------8.39
11:35-------down 7.25
11:41------------5.53
11:42-----------10.35
11:45-----------12.06
11:51-----------13.75------------2714.78 (day's low)
11:54------down 9.71
11:55-----------4.93
11:57-----------9.16
11:58-----------5.53
11:59-----------8.97
12:01-----------7.01--------------2721.52 (-0.26%)
Market close.
Value turnover: PhP 2.162 bn
Cross transactions: PhP 915 mn
Advancers 26
Decliners 72
Unchanged 48
Sectoral Indices.
M-O -1.69%
Holdings -1.25%
Financial -0.63%
Property -0.23%
Industrial -0.18%
Services +0.76%
The Day's Top Gainers:
APR: PhP 2.50; +19.05%
CYBR: PhP 0.38; +15.15%
TDY: PhP 3.50; +12.90%
The Day's Biggest Decliners:
ETON: PhP 2.08; -16.80%
ATN: PhP 3.80; -11.63%
UPM: PhP 0.010; -9.09%
At mid-day:
Asian equities markets were down.
The Philippine Peso was at PhP 46.791 vs US$ 1.00.
Monday, September 8, 2008
The Philippine Stock Market - September 08, 2008
Philippine Inflation reached 12.5% in August and is the fastest in 16 years and is slightly higher than the July Consumer Price Index (CPI) of 12.2%. It is however well within most analysts' expectations.
Figures were also within but at the upper end of the BSP's expectations of 11.8% to 12.6% and was at the middle of NEDA's 12.1% to 12.7% expectations.
With the news that the US government bails out /takes over troubled mortgage company giants Fannie Mae and Freddie Mac; asian equities markets were up and the local equities market also opened strong. The Philippine Stock Exchange Index (PSEi) however just touched the 2750 resistance level and gave back most of its gains at the end of the day's trading session.
PSEi previous close - 2724.72 (September 5)
time----------change-------------PSEi
9:31---------up 14.39-----------2739.11
9:34------------17.66
9:35------------18.73
9:37------------19.49
9:39------------26.06-----------2750.74 (day's high)
9:45---------up 18.75
9:50------------12.24
9:51------------11.07
10:01------------9.35
10:06------------8.85
10:15--------up 12.39
10:22------------9.75
10:29------------8.39
10:37------------7.45
10:46------------5.43
10:59---------up 6.43
11:09------------7.39
11:12---------up 5.28
11:15------------4.10
11:18------------2.39
11:23------------1.58
11:32------------0.70
11:36---------up 2.80
11:39------------1.42
11:47------------2.20
11:48------------1.93
11:50------down 0.38-----------2724.34 (day's low)
11:52---------up 2.22
11:54------------3.26
11:59------------1.87
12:01------------3.81----------2728.53 (+0.14%)
Market Close.
Value turnover: PhP 1.536 bn
Cross transactions: PhP 574 mn
Advancers 44
Decliners 41
Unchanged 47
Sectoral Indices:
Financial +0.73%
Property +0.35%
Holdings -0.02%
M-O -0.04%
Services -0.23%
Industrial -0.28%
The Day's Top Gainers:
ETON: PhP 2.50; +20.19%
JOH: PhP 1.30; +18.18%
AR: PhP 0.0070; +7.69%
The Day's Biggest Decliners:
APR: PhP 2.10; -16.00%
UPM: PhP 0.011; -8.33%
IPO: PhP 2.80; -6.67%
At mid-day:
Asian equities markets were up.
The Philippine Peso was at PhP 46.371 vs US$ 1.00.
Figures were also within but at the upper end of the BSP's expectations of 11.8% to 12.6% and was at the middle of NEDA's 12.1% to 12.7% expectations.
With the news that the US government bails out /takes over troubled mortgage company giants Fannie Mae and Freddie Mac; asian equities markets were up and the local equities market also opened strong. The Philippine Stock Exchange Index (PSEi) however just touched the 2750 resistance level and gave back most of its gains at the end of the day's trading session.
PSEi previous close - 2724.72 (September 5)
time----------change-------------PSEi
9:31---------up 14.39-----------2739.11
9:34------------17.66
9:35------------18.73
9:37------------19.49
9:39------------26.06-----------2750.74 (day's high)
9:45---------up 18.75
9:50------------12.24
9:51------------11.07
10:01------------9.35
10:06------------8.85
10:15--------up 12.39
10:22------------9.75
10:29------------8.39
10:37------------7.45
10:46------------5.43
10:59---------up 6.43
11:09------------7.39
11:12---------up 5.28
11:15------------4.10
11:18------------2.39
11:23------------1.58
11:32------------0.70
11:36---------up 2.80
11:39------------1.42
11:47------------2.20
11:48------------1.93
11:50------down 0.38-----------2724.34 (day's low)
11:52---------up 2.22
11:54------------3.26
11:59------------1.87
12:01------------3.81----------2728.53 (+0.14%)
Market Close.
Value turnover: PhP 1.536 bn
Cross transactions: PhP 574 mn
Advancers 44
Decliners 41
Unchanged 47
Sectoral Indices:
Financial +0.73%
Property +0.35%
Holdings -0.02%
M-O -0.04%
Services -0.23%
Industrial -0.28%
The Day's Top Gainers:
ETON: PhP 2.50; +20.19%
JOH: PhP 1.30; +18.18%
AR: PhP 0.0070; +7.69%
The Day's Biggest Decliners:
APR: PhP 2.10; -16.00%
UPM: PhP 0.011; -8.33%
IPO: PhP 2.80; -6.67%
At mid-day:
Asian equities markets were up.
The Philippine Peso was at PhP 46.371 vs US$ 1.00.
Sunday, September 7, 2008
Trading in WallStreet - September 05, 2008
Dow Jones Industrial Average (DJIA) Summary
Index Value: 11,220.96
Trade Time: September 5
Change: Up 32.73 (+0.29%)
Prev Close: 11,188.23
Open: 11,185.63
Day's Range: 11,037.85 - 11,245.15
WallStreet was weak in the early going and was down more than 150 points at one point as it tested the 11,000 level. It recovered later in the session and even ended in positive territory.
Index Value: 11,220.96
Trade Time: September 5
Change: Up 32.73 (+0.29%)
Prev Close: 11,188.23
Open: 11,185.63
Day's Range: 11,037.85 - 11,245.15
WallStreet was weak in the early going and was down more than 150 points at one point as it tested the 11,000 level. It recovered later in the session and even ended in positive territory.
Friday, September 5, 2008
The Philippine Stock Market - September 05, 2008
Dow Jones Industrial Average(DJA) Summary
Index Value: 11,188.23
Trade Time: September 4
Change: Down 344.65 (-2.99%)
Prev Close: 11,532.88
Open: 11,532.48
Day's Range: 11,176.02 - 11,532.48
WallStreet drops steeply and closes near its low. The DJIA declines by 3.0 % as weak US jobs data dampen investor confidence.
The local equities market was again shaken by the big fall in the US equities market. The Philippine Stock Exchange Index (PSEi) opens lower; but is able to keep its losses in check.
PSEi previous close - 2754.05
time------------down------------PSEi
9:31-----------30.93----------2723.12
9:33-----------32.55
9:35-----------34.06
9:39-----------39.99----------2714.06
The chart gap at the 2715-2724 is closed.
9:40-----------41.25
9:45-----------41.76
9:51-----------43.67----------2710.38 (day's low)
The market halts its decline and moves in a narrow range for the rest of the trading session.
10:02---------39.31
10:10---------37.70
10:18---------33.48
10:22---------31.97-----------2722.08
10:26---------37.62
10:36---------34.91
10:49---------36.94
10:55---------33.45
11:05---------35.54
11:06---------32.89
11:15---------31.85
11:30---------31.69
11:39---------38.16
11:46---------34.64
11:49---------32.66
11:52---------29.50
11:56---------28.20
11:58---------32.75
12:01---------29.33-----------2724.72 (-1.06%)
Market Close.
Value turnover: PhP 2.110 bn
CRoss transactions: PhP 953 mn
Advancers 18
Decliners 65
Unchanged 52
Sectoral Indices were down across-the-board.
Property -1.83%
M-O -1.66%
Financial -1.39%
Holdings -1.20%
Services -0.55%
Industrial -0.23%
The Day's Top Gainers:
LAND: PhP 2.00; +33.33%
RLT: PhP 0.35; +6.06%
WPI: PhP 0.51; +4.08%
The Days Biggest Decliners:
IMP: PhP 9.30; -40.00%
JOH: PhP 1.10; -30.38%
PECB: PhP 10.00; -9.09%
At mid-day:
Asian equities markets were down.
The Philippine Peso was at PhP 46.866 vs US$ 1.00.
Index Value: 11,188.23
Trade Time: September 4
Change: Down 344.65 (-2.99%)
Prev Close: 11,532.88
Open: 11,532.48
Day's Range: 11,176.02 - 11,532.48
WallStreet drops steeply and closes near its low. The DJIA declines by 3.0 % as weak US jobs data dampen investor confidence.
The local equities market was again shaken by the big fall in the US equities market. The Philippine Stock Exchange Index (PSEi) opens lower; but is able to keep its losses in check.
PSEi previous close - 2754.05
time------------down------------PSEi
9:31-----------30.93----------2723.12
9:33-----------32.55
9:35-----------34.06
9:39-----------39.99----------2714.06
The chart gap at the 2715-2724 is closed.
9:40-----------41.25
9:45-----------41.76
9:51-----------43.67----------2710.38 (day's low)
The market halts its decline and moves in a narrow range for the rest of the trading session.
10:02---------39.31
10:10---------37.70
10:18---------33.48
10:22---------31.97-----------2722.08
10:26---------37.62
10:36---------34.91
10:49---------36.94
10:55---------33.45
11:05---------35.54
11:06---------32.89
11:15---------31.85
11:30---------31.69
11:39---------38.16
11:46---------34.64
11:49---------32.66
11:52---------29.50
11:56---------28.20
11:58---------32.75
12:01---------29.33-----------2724.72 (-1.06%)
Market Close.
Value turnover: PhP 2.110 bn
CRoss transactions: PhP 953 mn
Advancers 18
Decliners 65
Unchanged 52
Sectoral Indices were down across-the-board.
Property -1.83%
M-O -1.66%
Financial -1.39%
Holdings -1.20%
Services -0.55%
Industrial -0.23%
The Day's Top Gainers:
LAND: PhP 2.00; +33.33%
RLT: PhP 0.35; +6.06%
WPI: PhP 0.51; +4.08%
The Days Biggest Decliners:
IMP: PhP 9.30; -40.00%
JOH: PhP 1.10; -30.38%
PECB: PhP 10.00; -9.09%
At mid-day:
Asian equities markets were down.
The Philippine Peso was at PhP 46.866 vs US$ 1.00.
Thursday, September 4, 2008
The Philippine Stock Market - September 04, 2008
Dow Jones Industrial Average(DJIA) Summary
Index Value: 11,532.88
Trade Time: September 3
Change: Up 15.96 (+0.14%)
Prev Close: 11,516.92
Open: 11,506.01
Day's Range: 11416.53 - 11554.38
The local equities market traded sideways in a narrow range. The Philippine Stock Exchange Index (PSEi) consolidated at the 2750 level.
PSEi previous close - 2750.03
open - 2750.49
low - 2740.24 (-9.79)
high - 2755.01 (+4.98)
close - 2754.05 (+4.02 or +0.15%)
Value turnover: PhP 1.811 bn
Cross transactions - 874 mn
The market is trying to build a base in order to continue its advance and challenge the 2800 level. The Support is seen at the 2715-2724 chart gap left open last September 2-3.
Advancers 35
Decliners 45
Unchanged 57
Sectoral Indices:
Property +1.28%
Financial +0.48%
M-O -0.02%
Services -0.14%
Holdings -0.21%
Industrial -0.32%
The Day's Top Gainers:
CRC: PhP 4.60; +21.05%
PEC: PhP 11.00; +10.00%
AJO: PhP 0.085; +9.68%
The Day's Biggest Decliners:
VVT: PhP 4.00; -33.33%
LAND: PhP 1.50; -25.00%
LSC: PhP 1.00; -15.25%
At mid-day:
Asian markets were mostly down. The Philippine Peso was at PhP 46.712 vs US$ 1.00.
Index Value: 11,532.88
Trade Time: September 3
Change: Up 15.96 (+0.14%)
Prev Close: 11,516.92
Open: 11,506.01
Day's Range: 11416.53 - 11554.38
The local equities market traded sideways in a narrow range. The Philippine Stock Exchange Index (PSEi) consolidated at the 2750 level.
PSEi previous close - 2750.03
open - 2750.49
low - 2740.24 (-9.79)
high - 2755.01 (+4.98)
close - 2754.05 (+4.02 or +0.15%)
Value turnover: PhP 1.811 bn
Cross transactions - 874 mn
The market is trying to build a base in order to continue its advance and challenge the 2800 level. The Support is seen at the 2715-2724 chart gap left open last September 2-3.
Advancers 35
Decliners 45
Unchanged 57
Sectoral Indices:
Property +1.28%
Financial +0.48%
M-O -0.02%
Services -0.14%
Holdings -0.21%
Industrial -0.32%
The Day's Top Gainers:
CRC: PhP 4.60; +21.05%
PEC: PhP 11.00; +10.00%
AJO: PhP 0.085; +9.68%
The Day's Biggest Decliners:
VVT: PhP 4.00; -33.33%
LAND: PhP 1.50; -25.00%
LSC: PhP 1.00; -15.25%
At mid-day:
Asian markets were mostly down. The Philippine Peso was at PhP 46.712 vs US$ 1.00.
Wednesday, September 3, 2008
The Philippine Stock Market - September 03, 2008
Dow Jones Industrial Average(DJIA) Summary
Index Value: 11,516.92
Trade Time: September 2
Change: Down 26.63 (-0.23%)
Prev Close: 11,543.55
Open: 11,545.63
Day's Range: 11,471.90 - 11,790.17
WallStreet opened strong and was up by nearly 250 points in the early going. Volatility and uncertainty remains and it gave back its gains to end in negative territory.
The local equities markets continued its momentum in breaking the 2700 level. The Philippine Stock Exchange Index (PSEi) opened higher and held on to most of its gains.
PSEI previous close - 2708.25 (Sept 02)
time-----------up-------------PSEi
9:31---------19.64-----------2727.89
9:44---------26.77
9:45---------30.54-----------2738.79
9:47---------27.96
9:50---------29.67
9:50---------34.49
9:52---------40.33
9:54---------42.20
9:56---------44.60
9:57---------45.31
10:11--------45.50
10:19--------46.96
10:20--------47.15-----------2755.40 (the day's high)
10:26--------47.15-----------2755.40
The market consolidates near the 2750 level in the last hour and a half of the trading day.
10:29--------44.54
10:36--------43.16
10:42--------39.08
10:48--------38.84
10:57--------40.45
10:59--------46.10
11:03--------46.51
11:04--------42.29
11:09--------39.86
11:10--------40.50
11:17--------38.49
11:23--------36.96
11:27--------35.46-----------2743.71
11:33--------38.13
11:39--------40.86
11:45--------37.13
11:50--------38.39
11:51--------42.61
11:52--------43.91
11:54--------39.94
11:55--------41.51
11:57--------43.35
11:58--------45.84
11:59--------39.06
12:01--------41.78----------2750.03 (+1.54%)
Market Close.
Value turnover: PhP 2.249 bn
Cross transactions: PhP 769 mn
Advancers: 44
Decliners 46
Unchanged 57
Sectoral Indices.
Industrial +2.22%
Services +1.54%
Financial +1.37%
Holdings +0.88%
Property +0.10%
M-O -0.99%
The Day's Top Gainers:
PBC: PhP 33.00; +17.86%
IMP: PhP 15.50; +10.71%
APM: PhP 0.013; +8.33%
The Day's Biggest Decliners:
KEP: PhP 1.20; -24.05%
CRC: PhP 3.80; -15.56%
UPM: PhP 0.011; -8.33%
At mid-day:
Asian equities markets were mostly down.
The Philippine Peso was at PhP 46.567 vs US$ 1.00.
Index Value: 11,516.92
Trade Time: September 2
Change: Down 26.63 (-0.23%)
Prev Close: 11,543.55
Open: 11,545.63
Day's Range: 11,471.90 - 11,790.17
WallStreet opened strong and was up by nearly 250 points in the early going. Volatility and uncertainty remains and it gave back its gains to end in negative territory.
The local equities markets continued its momentum in breaking the 2700 level. The Philippine Stock Exchange Index (PSEi) opened higher and held on to most of its gains.
PSEI previous close - 2708.25 (Sept 02)
time-----------up-------------PSEi
9:31---------19.64-----------2727.89
9:44---------26.77
9:45---------30.54-----------2738.79
9:47---------27.96
9:50---------29.67
9:50---------34.49
9:52---------40.33
9:54---------42.20
9:56---------44.60
9:57---------45.31
10:11--------45.50
10:19--------46.96
10:20--------47.15-----------2755.40 (the day's high)
10:26--------47.15-----------2755.40
The market consolidates near the 2750 level in the last hour and a half of the trading day.
10:29--------44.54
10:36--------43.16
10:42--------39.08
10:48--------38.84
10:57--------40.45
10:59--------46.10
11:03--------46.51
11:04--------42.29
11:09--------39.86
11:10--------40.50
11:17--------38.49
11:23--------36.96
11:27--------35.46-----------2743.71
11:33--------38.13
11:39--------40.86
11:45--------37.13
11:50--------38.39
11:51--------42.61
11:52--------43.91
11:54--------39.94
11:55--------41.51
11:57--------43.35
11:58--------45.84
11:59--------39.06
12:01--------41.78----------2750.03 (+1.54%)
Market Close.
Value turnover: PhP 2.249 bn
Cross transactions: PhP 769 mn
Advancers: 44
Decliners 46
Unchanged 57
Sectoral Indices.
Industrial +2.22%
Services +1.54%
Financial +1.37%
Holdings +0.88%
Property +0.10%
M-O -0.99%
The Day's Top Gainers:
PBC: PhP 33.00; +17.86%
IMP: PhP 15.50; +10.71%
APM: PhP 0.013; +8.33%
The Day's Biggest Decliners:
KEP: PhP 1.20; -24.05%
CRC: PhP 3.80; -15.56%
UPM: PhP 0.011; -8.33%
At mid-day:
Asian equities markets were mostly down.
The Philippine Peso was at PhP 46.567 vs US$ 1.00.
Tuesday, September 2, 2008
The Philippine Stock Market - September 02, 2008
WallStreet was closed for Labor Day.
World Crude prices fell to $111 a barrel last night.
The local equities market advanced after consolidating the past days at the 2650-2680 levels. And with no external factors to weigh it down today, the Philippine Stock Exchange Index (PSEi) goes above the 2700 level.
PSEi previous close - 2686.52 (September 01)
time-------------up--------------PSEi
9:31-----------4.95------------2691.47
9:33-----------6.66
9:36-----------8.97
9:40-----------9.42
9:42----------10.86
9:43----------11.23
9:45-----------8.75
9:47-----------9.53
9:48----------10.11
9:49----------11.25
9:54----------13.19------------2699.71
9:55-----------3.18 ????
9:56----------19.52------------2706.04
AFter a sharp dip, the PSEi also advances steeply and breaks above the 2700 level.
9:57----------15.33
9:52----------14.03------------2700.55
10:00---------13.00
10:04---------12.75------------2699.27
10:08---------17.39------------2703.91
The PSEi consolidates near the 2700 for the rest of the trading session.
10:09---------18.80
10:13---------17.80
10:18---------19.52-----------2706.04
10:23---------15.32
10:31---------15.26
10:33---------19.49
10:35---------15.26
10:37---------13.34-----------2699.86
10:48---------17.24
10:49---------18.02
10:53---------21.65
11:00---------26.98
11:02---------29.47-----------2715.99 (day's high)
11:05---------24.97
11:12---------23.08
11:16---------21.36
11:22---------20.50
11:27---------19.55
11:31---------17.26
11:34---------16.66
11:42---------15.63
11:47---------16.29
11:49---------20.84
11:54---------19.50
11:56---------18.26
11:58---------19.01
11:59---------19.75
12:01---------21.73-----------2708.25 (+0.81%)
Market Close.
Value turnover: PhP 1.276 bn
Cross transactions: PhP 401 mn
Advancers 54
Decliners 30
Unchanged 68
Sectoral Indices.
Property +2.69%
Holdings +1.18%
Financial +0.95%
M-O +0.02%
Services -0.01%
Industrial -0.39%
The Day's Top Gainers:
POPI: PhP 0.33; +13.79%
FJP: PhP 1.60; +12.68%
CYBR: PhP 0.33; +10.00%
The Day's Biggest Decliners:
ICTV: PhP 1.22; -28.24%
CPV: PhP 1.54; -11.49%
MA: PhP 0.014; -6.67%
At mid-day:
Asian equities markets were mostly down.
The Philippine Peso continues to weaken and was at PhP 46.424 vs US$ 1.00.
World Crude prices fell to $111 a barrel last night.
The local equities market advanced after consolidating the past days at the 2650-2680 levels. And with no external factors to weigh it down today, the Philippine Stock Exchange Index (PSEi) goes above the 2700 level.
PSEi previous close - 2686.52 (September 01)
time-------------up--------------PSEi
9:31-----------4.95------------2691.47
9:33-----------6.66
9:36-----------8.97
9:40-----------9.42
9:42----------10.86
9:43----------11.23
9:45-----------8.75
9:47-----------9.53
9:48----------10.11
9:49----------11.25
9:54----------13.19------------2699.71
9:55-----------3.18 ????
9:56----------19.52------------2706.04
AFter a sharp dip, the PSEi also advances steeply and breaks above the 2700 level.
9:57----------15.33
9:52----------14.03------------2700.55
10:00---------13.00
10:04---------12.75------------2699.27
10:08---------17.39------------2703.91
The PSEi consolidates near the 2700 for the rest of the trading session.
10:09---------18.80
10:13---------17.80
10:18---------19.52-----------2706.04
10:23---------15.32
10:31---------15.26
10:33---------19.49
10:35---------15.26
10:37---------13.34-----------2699.86
10:48---------17.24
10:49---------18.02
10:53---------21.65
11:00---------26.98
11:02---------29.47-----------2715.99 (day's high)
11:05---------24.97
11:12---------23.08
11:16---------21.36
11:22---------20.50
11:27---------19.55
11:31---------17.26
11:34---------16.66
11:42---------15.63
11:47---------16.29
11:49---------20.84
11:54---------19.50
11:56---------18.26
11:58---------19.01
11:59---------19.75
12:01---------21.73-----------2708.25 (+0.81%)
Market Close.
Value turnover: PhP 1.276 bn
Cross transactions: PhP 401 mn
Advancers 54
Decliners 30
Unchanged 68
Sectoral Indices.
Property +2.69%
Holdings +1.18%
Financial +0.95%
M-O +0.02%
Services -0.01%
Industrial -0.39%
The Day's Top Gainers:
POPI: PhP 0.33; +13.79%
FJP: PhP 1.60; +12.68%
CYBR: PhP 0.33; +10.00%
The Day's Biggest Decliners:
ICTV: PhP 1.22; -28.24%
CPV: PhP 1.54; -11.49%
MA: PhP 0.014; -6.67%
At mid-day:
Asian equities markets were mostly down.
The Philippine Peso continues to weaken and was at PhP 46.424 vs US$ 1.00.
Monday, September 1, 2008
The Philippine Stock Market - September 01, 2008
The local equities market declined together with the other asian markets. The Philippine Stock Exchange Index (PSEi) opened lower but however, it recovered most of its losses by the close of the trading session.
PSEi previous close - 2688.09 (August 29)
time------------down------------PSEi
9:31-----------35.86-----------2652.23
PLDT (TEL) opened sharply lower at PhP 2655 from its previous close of PhP 2720 and this set the mood for the day.
9:33-----------36.11
9:45-----------38.28
9:51-----------39.99-----------2648.10 (day's low)
After the initial drop, the market slowly regains its bearing.
9:55-----------32.91
10:00----------36.55
10:04----------31.97
10:06----------29.27
10:11----------24.67
10:13----------23.72
10:15----------21.69
10:19----------18.25
10:22----------17.72
10:30----------14.40
10:32----------13.24
10:39----------12.83
10:42-----------9.40
10:57----------12.89
11:03-----------8.80
11:07-----------6.03
11:09-----------5.62
11:12-----------8.47
11:17-----------8.92
11:21----------14.18
11:45-----------9.65
11:47-----------5.24
11:49-----------3.61
11:54-----------4.92
11:56-----------5.33
11:58----------10.47
12:01-----------1.57-----------2686.52 (-0.05%)
Market Close.
Value turnover: PhP 1.115 bn
Cross transactions: PhP 522 mn
Advancers 24
Decliners 47
Unchanged 58
Sectoral Indices.
Industrial -1.63%
M-O -0.92%
Financial -0.41%
Holdings -0.27%
Services -+0.13%
Property +1.05%
The Day's Top Gainers:
AJO: PhP 0.0775; +29.17%
CEU: PhP 6.50; +8.33%
PWR: PhP 0.21; +5.00%
UPM: PhP 0.011; -8.33%
OMW2: PhP 0.0060; -7.69%
APM: PhP 0.012; -7.69%
At mid-day:
Asian equities markets were down.
The Philippine Peso was at PhP 46.258 vs US$ 1.00.
PSEi previous close - 2688.09 (August 29)
time------------down------------PSEi
9:31-----------35.86-----------2652.23
PLDT (TEL) opened sharply lower at PhP 2655 from its previous close of PhP 2720 and this set the mood for the day.
9:33-----------36.11
9:45-----------38.28
9:51-----------39.99-----------2648.10 (day's low)
After the initial drop, the market slowly regains its bearing.
9:55-----------32.91
10:00----------36.55
10:04----------31.97
10:06----------29.27
10:11----------24.67
10:13----------23.72
10:15----------21.69
10:19----------18.25
10:22----------17.72
10:30----------14.40
10:32----------13.24
10:39----------12.83
10:42-----------9.40
10:57----------12.89
11:03-----------8.80
11:07-----------6.03
11:09-----------5.62
11:12-----------8.47
11:17-----------8.92
11:21----------14.18
11:45-----------9.65
11:47-----------5.24
11:49-----------3.61
11:54-----------4.92
11:56-----------5.33
11:58----------10.47
12:01-----------1.57-----------2686.52 (-0.05%)
Market Close.
Value turnover: PhP 1.115 bn
Cross transactions: PhP 522 mn
Advancers 24
Decliners 47
Unchanged 58
Sectoral Indices.
Industrial -1.63%
M-O -0.92%
Financial -0.41%
Holdings -0.27%
Services -+0.13%
Property +1.05%
The Day's Top Gainers:
AJO: PhP 0.0775; +29.17%
CEU: PhP 6.50; +8.33%
PWR: PhP 0.21; +5.00%
UPM: PhP 0.011; -8.33%
OMW2: PhP 0.0060; -7.69%
APM: PhP 0.012; -7.69%
At mid-day:
Asian equities markets were down.
The Philippine Peso was at PhP 46.258 vs US$ 1.00.
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