Tuesday, February 17, 2009

The Philippine Stock Market - February 17, 2009

WallStreet was closed for a holiday and the local equites market was left again with no leads. Trading was downward biased as some corporate earnings results that came out were rather disappointing. The Philippine Stock Exchange Index (PSEi) tested the 1900 level as a support.

PSEi previous close 1915.79 (February 16)

open: 1910.35 (-5.44)
low: 1894.11 (-21.68)
close: 1899.90 (-15.89 or -0.83%)

Value turnover: PhP 1.168 bn
Cross transactions: PhP 419 mn

Advancers 24
Decliners 59
Unchanged 43

Sectoral Indices.
Industrial -2.03
Holdings -1.89%
M-O -1.42%
Financial -1.11%
Services -0.21%
Property +0.83%

The Day's Top Gainers:
CRC: PhP 3.15; +31.25%
BSC: PhP 0.12; +9.09%
MPI: PhP 3.10; +8.77%

The Day's Biggest Decliners:
T: PhP 2.40; -11.11%
ALI: PhP 5.00; -10.71%
VUL: PhP 0.52; -10.34%

At mid-day:
Asian equites markets were down.
The Philippine Peso was at PhP 47.701 vs US$ 1.00.

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