The local equities market traded with a downward bias after the large drop in WallStreet last Friday. The Philippine Stock Exchange Index (PSEi) again fell from the opening and trading was largely uneventful. The market continues its consolidation between the 1900-2000 levels.
PSEi previous close - 1978.05 (November 14)
open - 1972.82 (-5.23)
close - 1940.00 (down 38.05 or -1.92%)
Sectoral Indices.
Industrial -2.27%
Services -2.16%
Financials -1.85%
M-O -1.56%
Property -1.25%
Holdings -1.09%
Value turnover: PhP 1.075 bn
Advancers 9
Decliners 66
Unchanged 38
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