The Philippine Stock Market - January 13, 2009

Dow Jones Industrial Average (DJIA) Summary
Index Value: 8,473.97
Trade Time: Jan 12
Change: Down 125.21 (-1.46%)
Prev Close: 8,599.18
Open: 8,599.26
Day's Range: 8,421.08 - 8,602.60

The local equities market showed its resiliency as it did not follow the large declines in WallStreet. The DJIA has dropped 541 points the last 4 trading days (since January 7 closing). The Philippine Stock Exchange Index (PSEi) traded in a very narrow range near the key 2000 index level.

PSEi previous close - 1997.83 (January 12)

open: 1992.01 (-5.82)
low: 1990.74 (-7.09)
high: 2001.79 (+3.96)
close: 1996.04 (-1.79 or -0.089%)

Advancers 48
Decliners 34
Unchanged 47

Value turnover: PhP 1.071 bn
Cross transactons: 418 mn
Block Sales: 56,146,628 shs RCB @ PhP 15.20 = PhP 853.428 mn

Sectoral Indices:
Financial -1.21%
Holdings -0.38%
M-O -0.24%
Industrial -0.09%
Property +0.32%
Services +0.35%

The Day's Biggest Decliners:
ZHI: PhP 0.225; +50.00%
MED: PhP 0.25; +25.00%
ETON: PhP 1.80; +20.00%

The Day's Biggest Decliners:
BKD: PhP 1.10; -16.67%
PEP: PhP 0.74; -12.94%
FAF: PhP 0.50; -9.09%

At mid-day:
Asian equities markets were mixed.
The Philippine Peso was at PhP 47.623 vs US$ 1.00.