The Philippine Stock Market - March 04, 2009

Dow Jones Industrial Average (DJIA) Summary
Index Value: 6,726.02
Trade Time: March 3
Change: Down 37.27 (-0.55%)
Prev Close: 6,763.29
Open: 6,764.81
Day's Range: 6,705.63 - 6,855.29

It was a see-saw trading day in WallStreet. The DJIA however; again closed lower.

The local equities market also saw erratic trade. The Philippine Stock Exchange Index (PSEi) however managed to close at its high.

PSEi previous close - 1859.98 (March 03)

time---------change------------PSEi
9:31---------up 5.01----------1864.99
9:33-----------10.69
9:43------------2.89
9:51------------1.20

9:52------down 0.23
9:55-----------2.67
10:22----------4.30-----------1855.68 (day's low)

10:36-------up 0.79
10:56----------4.97

11:08-------up 2.78
11:16----------5.13
11:20---------10.19
11:23---------12.37
11:28---------16.54
11:40---------18.58
11:42---------22.88
11:50---------25.80

11:56------up 20.10
11:57---------18.58
11:59---------23.43
12:01---------25.94-----------1885.92 (+1.39%)
Market Close.

Value turnover: PhP 3.936 bn
Cross transactions: PhP 2.634 bn
----------The cross transactions include MER shares worth around PhP 2.2 bn.

Advancers 37
Decliners 49
Unchanged 35

Sectoral Indices.
Services +3.86%
Industrial +0.92%
Property +0.28%
M-O -1.05%
Financial -1.11%
Holdings -1.52%

The Day's Top Gainers:
ALCO: PhP 0.26; +44.44%
ICT: PhP 11.50; +9.52%
PNX: PhP 5.00; +8.70%

The Day's Biggest Decliners:
DFNN: PhP 3.90; -17.02%
MFC: PhP 600.00; -14.29%
CEI: PhP 0.028; -9.68%

At mid-day:
Asian equities markets were mostly higher.
The Philippine Peso was at PhP 48.850 vs US$ 1.00.