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.

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