The Philippine Stock Market - February 27, 2009

Dow Jones Industrial Average (DJIA) Summary
Index Value: 7,182.08
Trade Time: Feb 26
Change: Down 88.81 (-1.22%)
Prev Close: 7,270.89
Open: 7,269.06
Day's Range: 7,173.56 - 7,402.31

After initially trading higher and touching the 7400 level, The DJIA fell and ended near its low.

The local equites market continues its lackluster trade as it moves in a narrow range. The Philippine Stock Exchange Index (PSEi) closes at its low.

PSEi previous close - 1880.31 (February 26)

time-----------change-----------PSEi
9:31--------down 0.22---------1880.16
9:36---------- up 6.46---------1886.84 (day's high)

10:37-------down 1.04
11:31-------------4.81
11:42-------------5.85
12:01-------------8.16---------1872.22 (-0.43%)
Market Close.

Value turnover: PhP 1.445 bn
Cross transactions: PhP 362 mn

Advancers 38
Decliners 37
Unchanged 42

Sectoral Indices.
Holdings -1.56%
Industrial -1.15%
Property -0.26%
Services -0.09%
Financial +0.18%
M-O +2.38%

The Day's Top Gainers:
IRCB: PhP 0.88; +17.33%
DFNN: PhP 4.70; +14.63%
OPMB: PhP 0.01; +11.11%

The Day's Biggest Decliners:
ALCO: PhP 0.16; -11.11%
FMIC: PhP 29.00; -9.38%
EDC: PhP 2.50; -9.09%

At mid-day:
Asian equities markets were mostly up.
The Philippine Peso was at PhP 48.586 vs US$ 1.00.