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.