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.
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