The Philippine Stock Market - January 16, 2009

Dow Jones Industrial Average(DJIA) Summary
Index Value: 8,212.49
Trade Time: Jan 15
Change: Up 12.35 (+0.15%)
Prev Close: 8,200.14
Open: 8,196.24
Day's Range: 7995.13 - 8286.16

After being down more 200 points earlier and having tested the 8000 level, the DJIA recovered to end slightly higher.

The local equities market continues to consolidate in a narrow range. After opening at its high, the Philippine Stock Exchange Index (PSEi) moved within a 20 point trading band and closed near its low.

PSEi previous close - 1954.97 (January 15)

open/high: 1969.42 (+14.45)
low: 1948.79 (-6.18)
close: 1950.13 (-4.84 or -0.25%)

Advancers 35
Decliners 32
Unchanged 50

Value turnover: PhP 1.423 bn
Cross transactions: PhP 501 mn

Sectoral Indices:
Industrial -1.92%
Financial -0.44%
Property -0.37%
M-O +0.19%
Services +0.46%
Holdings +0.82%

The Day's Top Gainers:
COL: PhP 4.60; +10.84%
WEB: PhP 0.031; +10.71%
CEU: PhP 6.00; +9.09%

The Day's Biggest Decliners:
TDY: PhP 1.64; -28.70%
RCM: PhP 0.90; -18.18%
MWC: PhP 10.75; -15.69%

At mid-day:
Asian equities markets were up.
The Philippine Peso was at PhP 47.155 vs US$ 1.00.