The Philippine Stock Market - February 23, 2009

The local equities market opened weak as WallStreet fell on Friday. The Philippine Stock Exchange Index (PSEi) however recovered and closed at its high.

PSEi previous close - 1881.48 (February 20)

open: 1877.91 (-3.53)
low: 1867.13 (-14.31)
high / close: 1891.04 (+9.60 or +0.51%)

Value turnover: PhP 4.563 bn
Cross transactions: PhP 3.695 bn
The Cross transactions include 37 mn shs of MER with a value of around PhP 3.4 bn

Advancers 32
Decliners 43
Unchanged 43

Sectoral Indices.
Industrial +2.24%
M-O +1.84%
Property +1.26%
Services -0.05%
Financial -0.60%
Holdings -1.69%

The Day's Top Gainers:
CPV: PhP 0.29; +47.06%
EIBA: PhP 0.20; +42.86%
EIBB: PhP 0.20; +42.86%

The Day's Biggest Decliners:
SGI: PhP 0.29; -35.56%
BPC: PhP 1.20; -7.69%
ATN: PhP 4.25; -6.59%

At mid-day:
Asian equities markets were mostly up.
The Philippine Peso was at PhP 48.140 vs US$ 1.00.