The Philippine Stock Market - February 03, 2009

Dow Jones Industrial Average (DJIA) Summary
Index Value: 7,936.83
Trade Time: Feb 2
Change: 64.03 (0.80%)
Prev Close: 8,000.86
Open: 8,000.62
Day's Range: 7867.37 - 8000.62

WallStreet opened lower and the DJIA traded just below the 8000 level. Investors await the final form of the economic stimulus package.

The local equities market remained in the doldrums as value turnover was still low and investors continue to stay in the sidelines. The Philippine Stock Exchange Index (PSEi) again traded in a narrow range but closed at its low today.

PSEi previous close - 1833.57 (Feb 2)

open: 1832.86 (+0.71)
high: 1843.23 (+9.66)
low / close: 1826.13 (-7.44 or -0.41%)

Value turnover: PhP 855 mn
Cross transactions: PhP 354 mn

Advancers 27
Decliners 48
Unchanged 48

Sectoral Indices.
Property -2.17%
Holdings -0.58%
M-O -0.50%
Industrial -0.35%
Services -0.13%
Financial +0.35%

The Day's Top Gainers:
MED: PhP 0.185; +23.33%
PA: PhP 0.0825; +10.00%
IPO: PhP 2.75; +10.00%

The Day's Biggest Decliners:
BLFI: PhP 1.10; -15.35%
ISM: PhP 0.022; -12.00%
EIBA: PhP 0.14; -9.68%

At mid-day:
Asian equities markets were mostly up.
The Philippine Peso was at PhP 47.543 vs US$ 1.00.