The Philippine Stock Market - October 06, 2008

The Philippine Stock Market together with the other asian equities markets traded lower as the financial crisis deepens in Europe. The Philippine Stock Exchange Index (PSEi) closed near its low just below 2500.

PSEi previous close - 2566.21 (Oct 3)

time------------down------------PSEi
9:31-----------22.09-----------2544.12
9:33-----------25.31
9:35-----------26.79
9:36-----------30.19
9:41-----------31.78
9:46-----------33.28
9:53-----------41.24
9:57-----------41.66
10:02----------41.87
10:07----------42.83
10:10----------46.38
10:13----------47.72-----------2518.49

10:14----------43.42
10:15----------40.56
10:16----------39.12
10:17----------37.01
10:18----------35.58
10:31----------35.51-----------2530.70

10:40----------38.03
10:42----------41.66
10:47----------42.71
10:54----------43.66
11:00----------46.14
11:02----------48.48
11:04----------51.17
11:07----------52.76
11:13----------54.46
11:16----------57.34-----------2508.87

11:24----------53.33
11:25----------55.24
11:31----------57.70
11:32----------60.59
11:33----------61.82-----------2504.39

11:36----------59.44
11:41----------63.18
11:42----------63.35

The 2500 level is tested.

11:45----------66.26-----------2499.95
11:48----------68.02
11:49----------68.43
11:51----------70.04-----------2496.17

11:53----------66.08
11:55----------68.85
11:56----------70.84
11:59----------71.72-----------2494.49 (day's low)
12:01----------66.68-----------2499.53 (-2.60%)
Market Close.

Value turnover: PhP 2.054 bn
Cross transactions: PhP 1.160 bn
Block Sales: 10000 TEL @ PhP 2688.6775 = PhP 26.866mn
---------------25000 TEL @ PhP 2708.0504 = PhP 67.701 mn

Advancers 8
Decliners 87
Unchanged 29

Sectoral Indices.
Holdings -4.01%
Industrial -3.28%
Property -2.82%
Financial -2.48%
M-O -1.70%
Services -1.07%

The Day's Top Gainers:
MA: PhP 0.011; +10.00%
BCB: PhP 17.00; +6.25%
ATI: PhP 3.15; +3.28%

The Day's Biggest Decliners:
PCKH: PhP 7.00; -29.29%
KPM: PhP 2.00; -20.00%
LND: PhP 0.31; -11.43%

At mid-day:
Asian markets were down.
The Philippine Peso was at PhP 47.382 vs US$ 1.00.