The Philippine Stock Market - January 5, 2009

The Philippine Stock Market played catch up with the rise in WallStreet since December 24, 2008, the last previous trading day in the PSE. The Dow Jones Industrial Average (DJIA) already advanced 615.20 points or 7.30% until last Friday.
The Philippine Stock Exchange Index (PSEi) started the year 2009 with a big bang as it opened higher and continued to advance more than 5.4%. It closed near its high and within striking distance of the key 2000 index level.

PSEi previous close - 1872.85 (December 24, 2008)

time-----------up------------PSEi
9:31---------52.90---------1925.75
9:35---------58.88
9:50---------63.16
10:05--------68.14---------1940.99
10:35--------74.62
11:00--------79.49---------1952.34
11:15--------87.64
11:29--------95.73---------1968.58
11:36-------101.92
11:58-------107.01---------1979.86 (day's high)
11:59-------104.58
12:01-------101.84---------1974.69 (+5.44%)
Market Close.

Advancers 78
Decliners 16
Unchanged 23

Value turnover: PhP 1.445 bn
Cross transactions: PhP 434 mn

Sectoral Indices.
Holdings +6.47%
Property +5.72%
Industrial +5.28%
M-O +4.67%
Services +4.44%
Financial +4.40%

The Day's Top Gainers:
WIN: PhP 0.205; +41.38%
ALHI: PhP 8.00; +35.59%
AJO: PhP 0.04; +33.33%

The Day's Biggest Decliners:
MHC: PhP 0.14; -30.00%
BKD: PhP 1.10; -14.06%
SPH: PhP 2.65; -11.67%

At mid-day:
Asian equities markets were up.
The Philippine Peso was at PhP 47.292 vs US$ 1.00.