Wednesday, December 31, 2008

Trading in WallStreet - December 30, 2008

Dow Jones Industrial Average (DJIA) Summary
Index Value: 8,668.39
Trade Time: Dec 30
Change: Up 184.46 (+2.17%)
Prev Close: 8,483.93
Open: 8,487.51
Day's Range: 8487.51 - 8675.24

Tuesday, December 30, 2008

Trading in WallStreet - December 29, 2008

Dow Jones Industrial Average (DJIA) Summary
Index Value: 8,483.93
Trade Time: Dec 29
Change: Down 31.62 (-0.37%)
Prev Close: 8,515.55
Open: 8,515.87
Day's Range: 8364.06 - 8530.68

Saturday, December 27, 2008

Trading in WallStreet - December 26, 2008

Dow Jones Industrial Average (DJIA) Summary
Index Value: 8,515.55
Trade Time: Dec 26
Change: Up 47.07 (+0.56%)
Prev Close: 8,468.48
Open: 8,468.71
Day's Range: 8,461.78 - 8,533.07

Friday, December 26, 2008

Trading in WallStreet - December 24, 2008

Dow Jones Industrial Average (DJIA) Summary
Index Value: 8,468.48
Trade Time: 1:03PM ET
Change: Up 48.99 (+0.58%)
Prev Close: 8,419.49
Open: 8,416.86
Day's Range: 8,416.86 - 8,498.50

Wednesday, December 24, 2008

The Philippine Stock Market - December 24, 2008

Dow Jones Industrial Average (DJIA)
Index Value: 8,419.49
Trade Time: Dec 23
Change: Down 100.28 (-1.18%)
Prev Close: 8,519.77
Open: 8,518.65
Day's Range: 8391.30 - 8604.12

The local equities market ended the last trading day of 2008 with a whimper. The strong window dressing that was hoped for did not materialize (but was only observed in several smaller cap issues). The Philippine Stock Exchange Index (PSEi) moved from negative to positive territory but within a narrow 26 point range and with a value turnover of just a shade under PhP 1 bn.

PSEi previous close - 1862.19 (December 23)

open: 1858.54 (-3.65)
low: 1850.47 (-11.72)
high: 1876.44 (+14.25)
close: 1872.85 (+10.66 or +0.57%)

Value turnover: PhP 999 mn
Cross transactions: PhP 320 mn
Block Sale: 30,303,000 shs SPH @ PhP 3.30 = PhP 99,999,900

Advancers 62
Decliners 38
Unchanged 41

Sectoral Indices.
Financial +1.81%
INdustrial +0.85%
Holdings +0.82%
Property +0.22%
Services +0.20%
M-O +0.10%

The Day's Top Gainers:
PEP: PhP 0.72; +26.32%
UW: PhP 0.12; +26.32%
ABA: PhP 0.63; +26.00%

The Day's Biggest Decliners:
EIBA: PhP 0.15; -16.67%
MRC: PhP 0.10; -16.67%
CEI: PhP 0.029; -12.12%

At mid-day:
Asian equities markets were mixed.
The Philippine Peso was at PhP 47.685 vs US$ 1.00.



PSEi
Dec. 24 2008 (end 2008): 1872.85


Dec. 27, 2007 (end 2007): 3621.60
% change since then: -48.28%

Oct. 8, 2007 (all-time high): 3896.74
% change since then: -51.94%


DJIA
Dec. 23, 2008: 8419.49


Dec. 31, 2007 (end 2007): 13264.80
% change since then: -36.53%

Oct. 11, 2007 (all-time high): 14198.10
% change since then: -40.70%

Tuesday, December 23, 2008

The Philippine Stock Market - December 23, 2008

Dow Jones Industrial Average (DJIA) Summary
Index Value: 8,519.69
Trade Time: Dec 22
Change: Down 59.42 (-0.69%)
Prev Close: 8,579.11
Open: 8,573.37
Day's Range: 8372.02 - 8601.41

The local equities market had a modest uptick after yesterday's decline. The Philippine Stock Exchange Index (PSEi) closed near its high but with volume turnovet at less than PhP 1 bn.

PSEi previous close - 1840.94 (December 22)

time----------up-----------PSEi
9:31--------0.0-----------1840.94 (low)

The opening was marred by a halt in trading for a few minutes.

9:55-------15.77
9:57-------17.86
9:59--------8.27
11:00-------5.91
11:41-------7.38
11:53------19.68
11:58------22.66
11:59------24.99---------1865.93 (day's high)
12:01------21.25---------1862.19 (+1.15%)
Market Close.

Value turnover: PhP 864 mn
Cross transactions: PhP 382 mn
Block Sales: 20,500 shs TEL @ PhP 2000 = PhP 41 mn
----------------79,840,000 shs MMI @ 0.30 = PhP 30.339 mn
----------------3,750,000,010 shs PCOR @ PhP 6.85 = PhP 25.687 bn

Advancers 44
Decliners 47
Unchanged 39

Sectoral Indices:
Services +3.33%
Property +0.93%
Financial +0.60%
M-O -0.50%
Holdings -0.63%
Industrial -1.46%

The Day's Top Gainers:
ICTV: PhP 1.28; +43.82%
MED: PhP 0.15; +30.43%
ORE: PhP 0.44; +29.41%

The Day's Biggest Decliners:
DIZ: PhP 1.20; -14.29%
LND: PHP 0.22; -12.00%
EDC: PhP 1.86; -8.82%

At mid-day:
Asian equities markets were down.
The Philippine Peso was at PhP 47.530 vs US$ 1.00.

Monday, December 22, 2008

The Philippine Stock Market - December 22, 2008

The local equities market declined sharply as most investors were already keeping to the sidelines ahead of the long holiday break. The Philippine Stock Exchange Index (PSEi) fell more than 3.0% and dragged down the hopes of a huge rally these last remaining trading days of 2008.

PSEi previous close - 1903.53 (December 19)

time----------down-----------PSEi
9:31----------9.57----------1893.96
9:47---------15.95
9:51---------18.88
10:11--------31.11
10:34--------35.47----------1868.06
10:41--------41.82
10:53--------47.74
10:59--------55.76----------1847.77
11:03--------59.83
11:18--------60.92
11:40--------63.61
11:45--------67.79
11:54--------70.50
11:57--------71.94----------1831.59 (day's low)
12:01--------62.59---------1840.94 (-3.29%)
Market Close.

Value turnover: PhP 1.193 bn
Cross transactions: PhP 509 mn
Block Sales: 100,000 shs ACPA @ PhP 499.34 = PhP 49.934 mn
----------------946,885,554 shs PCOR @ PhP 6.85 = PhP 6.486 bn

Advancers 21
Decliners 61
Unchanged 34

Sectoral Indices.
Property -4.41%
Holdings -3.42%
Services -3.00%
Financial -2.83%
Industrial -1.93%
M-O -1.10%

The Day's Top Gainers:
FAF: PhP 0.50; +25.00%
ATS: PhP 1.64; +13.89%
BC: PhP 5.50; +13.40%

The Day's Biggest Decliners:
PF: PhP 49.50; -39.63%
MED: PhP 0.115; -30.30%
MRC: PhP 0.12; -7.69%

At mid-day:
Asian equites markets were mixed.
The Philippine Peso was at PhP 47.171 vs US$ 1.00.

Saturday, December 20, 2008

Trading in WallStreet - December 19, 2008

Dow Jones Industrial Average (DJIA) Summary
Index Value: 8,579.11
Trade Time: Dec 19
Change: Down 25.88 (-0.30%)
Prev Close: 8,604.99
Open: 8,606.50
Day's Range: 8550.43 - 8787.23

The Philippine Stock Market - December 18-19 2008

The Philippine Stock Market ended the last full week of trading for the year 2008 on a flat note. The Philippine Stock Exchange Index (PSEi) consolidated for the past two days (Dec 18-19) at the 1900 level in preparation for an expected (or a very badly hoped for) year-end window-dressing on Monday to Wednesday (Dec 22-24) next week.

PSEi Dec 17 close: 1904.56
PSEi Dec 18 close: 1901.46
PSEi Dec 19 close: 1903.53

The Bangko Sentral ng Pilipinas (BSP) cuts its policy rates by 50 basis points. It lowered overnight borrowing to 5.5% and overnight lending to 7.5%.

Block Sales:
ETEL: 4,201,162 shs and 14,697,093 shs @ PhP 422.45 = PhP 7.983 bn
ECP: 31,256,000 shs @ PhP 3.50 = PhP 109.396 mn

Wednesday, December 17, 2008

The Philippine Stock Market - December 17, 2008

Dow Jones Industrial Average (DJIA)
Index Value: 8,924.14
Trade Time: Dec 16
Change: Up 359.61 (+4.20%)
Prev Close: 8,564.53
Open: 8,565.65
Day's Range: 8565.65 - 8958.79

Federal Reserve Establishes Target Range: 0 to 25 Basis Points.

The DJIA had a strong rally in the late afternoon session to close near its high and just below the 9000 level.

The local equities market opened strong because of the big rally in WallStreet. After the initial surge, the Philippine Stock Exchange Index (PSEi) however gave back most of its gains but managed to hold above the 1900 level.

PSEi previous close - 1889.32 (December 16)

open: 1930.19 (+43.87)
high: 1953.91 (+64.59)
close: 1904.56 (+0.81%)

Value turnover: PhP 2.173 bn
Cross transactions: PhP 496 mn
Block Sales: 153,900 shs PSE @ PhP 130.00 = PhP 20mn
----------------20,000 shs TEL @ PhP 2196.13 = PhP 43.922 mn
----------------25,000 shs TEL @ PhP 2200.48 = PhP 55.011 mn
----------------20,000 shs TEL @ 2183.11 = PhP 43.662 mn

Advancers 53
Decliners 29
Unchanged 49

Sectoral Indices.
Financial +2.37%
Holdings +1.65%
M-O +1.28%
Property +0.83%
Servicess +0.38%
Industrial +0.34%

The Day's Top Gainers:
GPH: PhP 37.50; +50.00%
ZHI: PhP 0.12; +50.00%
ROX: PhP 2.70; +35.00%

The Day's Biggest Decliners:
REG: PhP 1.20; -25.00%
MWC: PhP 13.00; -5.45%
TA: PhP 0.70; -5.41%

At mid-day:
Asian equites markets were up.
The Philippine Peso continues to strenghthen and was at PhP 46.987 vs US$ 1.00.

Tuesday, December 16, 2008

The Philippine Stock Market - December 16, 2008

Dow Jones Industrial Average (DJIA) Summary
Index Value: 8,564.53
Trade Time: Dec 15
Change: Down 65.15 (-0.75%)
Prev Close: 8,629.68
Open: 8,628.81
Day's Range: 8469.03 - 8676.28

The local equities market tracked the decline in WallStreet. The Philippine Stock Exchange Index (PSEi) fell below the 1900 level.

PSEi previous close - 1913.26 (December 15)

time-----------down--------------PSEi
9:31------------0.30------------1912.96
9:43------------7.71
9:46-----------10.59
9:53-----------11.68
9:56-----------12.81-----------1900.45
10:02----------17.18-----------1896.08

The PSEi breaks below the 1900 level.

10:05---------14.86
10:07---------15.28
10:09---------14.86
10:15---------17.91-----------1895.35

After failing to bounce back and hurdle the 1900 level, the decline accelerates.

10:17---------18.33
10:21---------19.35
10:25---------21.06
10:29---------21.88
10:35---------26.18
10:38---------26.92
10:41---------27.44
10:46---------31.62
10:48---------35.91
10:54---------38.98-----------1874.28 (day's low)
11:01---------31.88
11:04---------29.96
11:13---------29.93
11:22---------26.04
11:26---------22.97
11:40---------26.61
11:51---------24.15
11:59---------22.87
12:01---------23.94------------1889.32 (-1.25%)
Market Close.

Value turnover: PhP 1.712 bn
Cross transactions: PhP 789 mn
------------------------this includes 170,000 shs of TEL @ PhP 2105 (PhP 357 mn)
Block Sale: 200,000 shs CHIB @ PhP 375 = PhP 75,000,000

Advancers 34
Decliners 43
Unchanged 36

Sectoral Indices.
Services -3.10%
M-O -1.53%
Property -0.47%
Financial -0.47%
Industrial +0.73%
Holdings +0.91%

The Day's Top Gainers:
UW: PhP 0.095; +46.15%
MED: PhP 0.155; +24.00%
MHC: PhP 0.16; +14.29%

The Day's Biggest Decliners:
FJP: Php 1.02; -36.25%
EIBA: PhP 0.15; -16.67%
BKD: PhP 1.06; -11.67%

At mid-day:
Asian equities markets were mixed.
The Philippine Peso was at PhP 47.395 vs US$ 1.00.

Monday, December 15, 2008

The Philippine Stock Market - December 15, 2008

The local equities market opened higher as WallStreet reversed from its early drop last Friday. The Philippine Stock Exchange Index (PSEi) was able to immediately hurdle and stay above the 1900 level once again.

PSEi previous close - 1893.74 (December 12)

open: 1904.19 (+10.45)
high: 1932.75 (+39.01)
close: 1913.76 (+19.52 or +1.03%)

Value turnover: PhP 2 bn
Cross transactions: PhP 1 bn
--------------------includes a cross transaction of 180,000 shs of TEL at PhP 2185 (PhP 393 mn)
Block Sales: 10000 shs TEL @ PhP 2193.56
---------------23680 shs TEL @ PhP 2176.31
--------------------total of PhP 73.47 mn

Advancers 48
Decliners 33
Unchanged 33

Sectoral Indices
Holdings +2.90%
Property +2.42%
M-O +1.45%
Industrial +0.52%
Financial +0.20%
Services +0.15%

The Day's Top Gainers:
PF: PhP 82.00; +49.09%
MEG: PhP 0.66; +15.71%
PSE: PhP 137.00; +14.17%

The Day's Biggest Decliners:
UW: PhP 0.065; -35.00%
ROX: PhP 2.00; -31.03%
MED: PhP 0.125; -19.35%

At mid-day:
Asian equites markets were up.
The Philippine Peso was at PhP 47.785 vs US$ 1.00.

Saturday, December 13, 2008

Trading in WallStreet - December 12, 2008

Dow Jones Industrial Average (DJIA) Summary
Index Value: 8,629.68
Trade Time: Dec 12
Change: Up 64.59 (-0.75%)
Prev Close: 8,565.09
Open: 8,563.10
Day's Range: 8347.81 - 8682.57

WallStreet opened very weak (as the Futures indicated earlier) as was down more than 200 points early in the trading day. The DJIA however managed to rally and end in positive territory.

Friday, December 12, 2008

The Philippine Stock Market - December 12, 2008

Dow Jones Industrial Average (DJIA) Summary
Index Value: 8,565.09
Trade Time: Dec 11
Change: Down 196.33 (-2.24%)
Prev Close: 8,761.42
Open: 8,750.13
Day's Range: 8512.76 - 8809.45

WallStreet drops nearly 200 points and the local equites market follows the trend. A sell-off in the last half hour of trading had the Philippine Stock Exchange Index (PSEi) break below the 1900 level and close at its low. The Dow Futures was down by around 300 points.

PSEi previous close - 1933.12 (December 11)

open: 1930.52 (-2.60)
close/low: 1893.74 (-39.38 or -2.04%)

Value turnover: PhP 1.817 bn
Cross transactions: PhP 745 mn

Advancers 18
Decliners 69
Unchanged 29

Sectoral Indices
Financial -4.92%
Holdings -3.70%
Property -3.22%
Industrial -1.97%
M-O -1.26%
Services -0.32%

The Day's Top Gainers:
PAL: PhP 3.00; +42.86%
APM: PhP 0.0060; +9.09%
OPM: PhP 0.0085; +6.25%

The Day's Biggest Decliners:
MFIN: PhP 2.00; -27.27%
LSC: PhP 1.06; -18.46%
ETEL: PhP 350.00; -17.65%

At mid-day:
Asian equities markets were down.
The Philippine Peso was at PhP 47.830 vs US$ 1.00.

Thursday, December 11, 2008

The Philippine Stock Market - December 11, 2008

Dow Jones Industrial Average (DJIA)
Index Value: 8,761.42
Trade Time: Dec 10
Change: Up 70.09 (+0.81%)
Prev Close: 8,691.33
Open: 8,693.00
Day's Range: 8646.33 - 8879.22

It was an erratic trading day in WallStreet and the local equities market followed suit. The Philippine Stock Exchange Index (PSEi) closed little changed after going in and out of positive territory.

PSEi previous close - 1938.82 (December 10)

open: 1941.47 (+2.65)
high: 1953.84 (+15.02)
low: 1921.93 (-16.89)
close: 1933.12 (-5.70 or -0.29%)

Value turnover: PhP 2.131 bn
Cross transactions: PhP 798 mn

Advancers 51
Decliners 37
Unchanged 47

The market drop was largely due to the big decline in PLDT (TEL) which closed at PhP 1175 (-4.60%) from the previous day's close of PhP 1280.

Sectoral Indices.
Services -3.70%
M-O -2.10%
Industrial +0.87%
Financial +3.48%
Property +3.86%
Holdings +4.22%

The Day's Top Gainers:
CHIB: PhP 460.00; +22.67%
EIBB: PhP 0.17; +21.43%
ARA: PhP 0.26; +13.04%

The Day's Biggest Decliners:
APO: PhP 0.60; -14.29%
RFM: PhP 0.24; -11.11%
EIBA: PhP 0.18; -7.69%

At mid-day:
Asian equites markets were mixed to mostly up.
The Philippine Peso was at PhP 47.991 vs US$ 1.00.

Wednesday, December 10, 2008

The Philippine Stock Market - December 10, 2008

Dow Jones Industrial Average (DJIA)
Index Value: 8,691.33
Trade Time: Dec 9
Change: Down 242.85 (-2.72%)
Prev Close: 8,934.18
Open: 8,934.10
Day's Range: 8,651.74 - 8,934.10

With WallStreet retreating the local equities market opened weaker. The Philippine Stock Exchange Index (PSEi) however had a late rally to end in positive territory and close at its high.

PSEI previous close - 1935.07 (December 9)

open: 1914.05 (-21.02)
low: 1910.94 (24.13)
close/high: 1938.82 (+3.75 or +0.19%)

Value turnover: PhP 2.025 bn

Advancers 40
Decliners 32
Unchanged 32

Sectoral Indices.
Property +3.81%
Holdings +3.17%
Industrial +1.29%
Financial +0.89%
M-O 0.0%
Services -2.70%

The Day's Top Gainers:
MA: PhP 0.0075; +7.14%
SMPH: PhP 7.60; +7.04%
MWC: PhP 13.75; +5.77%

The Day's Biggest Decliners:
GPH: PhP 27.00; -34.15%
MUSX: PhP 0.12; -17.24%
RCM: PhP 1.06; -14.52%

At mid-day:
Asian equities markets were up.
The Philippine Peso was at PhP 48.266 vs US$ 1.00.

Tuesday, December 9, 2008

The Philippine Stock Market - December 9, 2008

Dow Jones Industrial Average (DJIA)
Index Value: 8,934.18
Trade Time: Dec 8
Change: Up 298.76 (+3.46%)
Prev Close: 8,635.42
Open: 8,637.65
Day's Range: 8,637.49 - 9,026.41

The DJIA continues its strong rebound/advance. After touching a low of 8118.50 just the previous trading day (Friday - December 5), it reached a high of 9026.41 before ending just below 9000.

The local equities market was also up with the rise in WallStreet. The Philippine Stock Exchange Index (PSEi) partially close the chart gap at the 1962-1918 levels left open last Nov 28-Dec 3.

PSEi previous close - 1908.68

open: 1931.48 (+22.80)
high: 1952.62 (+43.94)
close: 1935.07 (+26.39 or +1.38%)

Value turnover: PhP 1.902 bn
Cross transactions: PhP 881 mn

Advancers 53
Decliners 31
Unchanged 43

Sectoral Indices.
Holdings +2.26%
M-O +2.08%
Property +1.95%
Industrial +1.80%
Services +0.78%
Financial +0.59%

The Day's Top Gainers:
RFM: PhP 0.27; +35.00%
PIP: PhP 0.79; +19.70%
PCOR: PhP 5.70; +18.75%

The Day's Biggest Decliners:
FAF: PhP 0.40; -20.00%
IS: PhP 0.037; -13.95%
HLCM: PhP 1.86; -11.43%

Asian equities markets were mostly up.
The Philippine Peso was at PhP 48.400 vs US$ 1.00.

Monday, December 8, 2008

The Philippine Stock Market - December 8, 2008

The local equities market continues to consolidate at the 1900 level. The Philippine Stock Exchange Index (PSEi) ended with moderate gains and low volumes.

PSEi previous close - 1888.96 (December 5)

open: 1890.58 (+1.62)
high: 1912.86 (+23.80)
close: 1908.68 (+19.72 or +1.04%)

Value turnover: PhP 1.149 bn
Cross transactions: PhP 738 mn

Taking out the crosses today will leave value turnover at just less than half a billion pesos.

Advancers 36
Decliners 29
Unchanged 51

Sectoral Indices.
Holdings +3.28%
M-O +1.96%
Property +1.29%
Industrial +0.76%
Services +0.35%
Financial +0.20%

The Day's Top Gainers:
MAB: PhP 0.0075; +25.00%
MA: PhP 0.0075; +15.38%
PCOR: PhP 4.80; +10.34%

The Day's Biggest Decliners:
PAL: PhP 2.10; -34.38%
BSC: PhP 0.125; -16.67%
ORE: PhP 0.34; -15.00%

At mid-day:
Asian equities markets were up.
The Philippine Peso was stronger at PhP 48.759 vs US$ 1.00.

Saturday, December 6, 2008

Trading in WallStreet - December 5, 2008

Dow Jones Industrial Average (DJIA) Summary
Index Value: 8,635.42
Trade Time: Dec 5
Change: Up 259.18 (+3.09%)
Prev Close: 8,376.24
Open: 8,376.08
Day's Range: 8118.50 - 8686.47

The Philippine Stock Market - December 5, 2008

The Dow Jones Industrial Average (DJIA) was down by 215.45 points to close at 8376.24. The tech-laden Nasdaq was lower by 46.82 to end at 1445.56 as of Dec 4.

The local equities market continues to trade in a narrow range below the 1900 level with low value turnover. The Philippine Stock Exchange Index (PSEi) closed little changed.

Philippine Inflation was down to single digit levels at 9.9% ( 6-month low) in November.
The US Labor Market lost 250,000 jobs in Nov., the highest decline in 6 years.

PSEi previous close - 1890.89 (December 4)

open: 1879.72 (-11.17)
low: 1876.44 (-14.45)
high: 1899.77 (+8.88)
close: 1888.96 (-1.93 or -0.10%)

Value turnover: PhP 918 mn
Cross transactrions: PhP 357 mn

Advancers 21
Decliners 49
Unchanged 43

Sectoral Indices.
M-O -2.97%
Property -1.72%
Holdings -1.07%
Industrial -0.88%
Financial -0.87%
Services +1.51%

The Day's Top Gainers:
EIBA: PhP 0.195; +39.29%
TDY: PhP 2.02; +26.25%
SGI: PhP 0.38; +18.75%

The Day's Biggest Decliners:
LIHC: PhP 3.10; -18.42%
OPMB: PhP 0.0080; -11.11%
PTC: PhP 78.00; -8.24%

At mid-day:
Asian equities markets were mixed.
The Philippine Peso was at PP 49.256 vs US$ 1.00.

Thursday, December 4, 2008

The Philippine Stock Market - December 4, 2008

Dow Jones Industrial Average (DJIA) Summary
Index Value: 8,591.69
Trade Time: Dec 3
Change: Up 172.60 (+2.05%)
Prev Close: 8,419.09
Open: 8,409.14
Day's Range: 8234.15 - 8624.19

After a weak open, WallStreet closes near its high. The local equities market on the other hand trades in a narrow range. The Philippine Stock Exchange Index (PSEi) consolidates near the 1900 level.

PSEi previous close - 1905.28 (December 3)

open: 1906.83 (-1.55)
high: 1907.66 (+2.38)
low: 1885.32 (-19.96)
close: 1890.89 (-14.39 or -0.76%)

Value turnover: PhP 719 mn
Cross transactions: PhP 303 mn

Advancers 24
Decliners 59
Unchanged 35

Sectoral Indices.
M-O -2.08%
Property -1.10%
Industrial -0.90%
Holdings -0.90%
Financial -0.69
Services -0.20%

The Day's Top Gainers:
ATN: PhP 4.30; +17.81%
APO: PhP 0.70; +16.67%
ATI: PhP 2.95; +7.27%

The Day's Biggest Decliners:
VITA: PhP 0.15; -21.05%
MED: PhP 0.155; -16.22%
SGI: PhP 0.32; -15.79%

At mid-day:
Asian equities markets were mixed.
The Philippine Peso was at PhP 49.184 vs US$ 1.00.

Wednesday, December 3, 2008

The Philippine Stock Market - December 3, 2008

Dow Jones Industrial Average (DJIA)
Index Value: 8,419.09
Trade Time: Dec 2
Change: Up 270.00 (+3.31%)
Prev Close: 8,149.09
Open: 8,153.75
Day's Range: 8143.51 - 8437.17


The rebound in WallStreet had the local equities market advance. The Philippine Stock Exchange Index (PSEi) advanced above the 1900 level.

PSEi previous close - 1879.87 (December 2)

open: 1889.87 (+10.00)
high: 1923.54 (+43.67)
close: 1905.28 (+25.41 or 1.35%)

Value turnover: PhP 1.179 bn
Cross transactions: PhP 457 mn
Block Sales: 1 billion shares FLI at PhP 0.372 = PhP 372 mn

Advancers 35
Decliners 58
Unchanged 34

Sectoral Indices:
Services +2.27%
Property +1.46%
Industrial +0.93%
M-O +0.76%
Financial -0.50%
Holdings -0.38%

The Day's Top Gainers:
LSC: PhP 1.30; +25.00%
PEP: PhP 0.68; +23.64%
PWR: PhP 0.18; +12.50%

The Day's Biggest Decliners:
TDY: PhP 1.60; -20.79%
ORE: PhP 0.43; -15.69%
ALHI: PhP 5.00; -15.25%

At mid-day:
Asian equites markets were mostly up.
ThePhilippine Peso was at PhP 49.334 vs US$ 1.00.

Tuesday, December 2, 2008

The Philippine Stock Market - December 2, 2008

Dow Jones Industrial Average (DJIA)
Index Value: 8,149.09
Trade Time: Dec 1
Change: Down 679.95 (-7.70%)
Prev Close: 8,829.04
Open: 8,826.89
Day's Range: 8141.36 - 8827.05

WallStreet started the month of December with a huge correction from last week's gains. It closed near its low at just above the 8100 level.

The local equities market resumed trading after the long weekend weighed down by a heavy sell down in WallStreet. The Philippine Stock Exchange Index (PSEi) also corrected and gave back almost half of its gains the previous week. It too, closed near its low and was below the 1900 level.

PSEi previous close 1971.57 (November 28)

open: 1918.06 (-53.51)
low: 1875.23 (-96.34)
close: 1879.87 (-91.70 or -4.65%)

Value turnover: PhP 1.032 bn
Cross transactions: PhP 292 mn

Advancers 17
Decliners 86
Unchanged 21

The Day's Only Index Gainer:
ICT: PhOP 15.75; +1.61%

The Day's Top Gainers:
OMW2: PhP 0.0040; +81.82%
ROX: PhP 3.00; +30.43%
PWR: PhP 0.16; +23.08%

The Day's Biggest Decliners:
CRC: PhP 2.90; -25.64%
ORE: PhP 0.51; -23.88%
APO: PhP 0.60; -14.29%

At mid-day:
Asian equities markets were lower
The Philippine Peso was at PhP 49.464 vs US$ 1.00.