The Philippine Stock Market - January 9, 2009

Dow Jones Industrial Average (DJIA) Summary
Index Value: 8,742.46
Trade Time: Jan 8
Change: Down 27.24 (-0.31%)
Prev Close: 8,769.70
Open: 8,769.94
Day's Range: 8,651.19 - 8,770.02

With WallStreet limiting its losses, the Philippine Stock Market consolidated ahead of the weekend. The Philippine Stock Exchange Index (PSEi) had a modest advance and moved in a narrow range just below the 2000 level.

PSEi previous close - 1970.72 (January 8)

time-----------change----------PSEi
9:31---------down 1.33--------1969.39 (day's low)

The market had a tentative start and was even down on the opening bell.

9:33-----------up 0.06
9:38--------------1.06
9:41--------------3.61

The market finds its bearing and continues to gain ground.

9:44----------up 5.18
9:47-------------6.88
9:48------------10.01
9:51------------11.24
10:06-----------11.57
10:18-----------12.71
10:26-----------17.05
10:30-----------18.91----------1989.63

10:43--------up 16.70
10:56-----------17.69
11:00-----------18.76
11:01-----------19.81----------1990.53

11:08--------up 18.90
11:12-----------19.42
11:18-----------20.78
11:34-----------22.01----------1992.73 (day's high)

11:38-------up 18.32
11:47----------17.65
11:49----------16.28
11:55----------16.07
11:57----------13.83-----------1984.55
11:59----------15.27
12:01----------14.16-----------1984.88 (+0.72%)
Market Close.

Advancers 49
Decliners 29
Unchanged 47

Value turnover: PhP 1.334 bn
Cross transactions: PhP 670 mn
Block Sale: 3,733,605 shs AEV @ PhP 5.45 = PhP 20.348 mn

Sectoral Indices:
M-O + 2.14%
Services +1.17%
Industrial +0.51%
Holdings +0.25%
Property +0.25%
Financial +0.21%

The Day's Top Gainers:
APXB: PhP 1.96; +38.03%
APX: PhP 1.92; +35.21%
DIZ: PhP 1.54; +28.33%

The Day's Biggest Decliners:
ATNB: PhP 5.40; -16.92%
T: PhP 3.00; -9.09%
TA: PhP 0.70; -6.67%

At mid-day:
Asian equities markets were mixed.
The Philippine Peso was at PhP 47.109 vs US$ 1.00.