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.