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.
Wednesday, September 10, 2008
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