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.