The Philippine Stock Market - March 10, 2009

Dow Jones Industrial Average (DJIA)
Down 79.89
Close: 6547.05

The DJIA close is a new 12-year low.
Japan's Nikkei is at 26-year low levels.

January 09 Exports at US$ 2.49bn (-41.1% year-on-year).
RP vehicle sales for February is down 4.7%.

The local equites market traded with a negative bias. The Philippine Stock Exchange Index (PSEi) moved in a range just below the 1900 level.

PSEi previous close - 1890.62 (March 09)

time----------down-----------PSEi
9:31---------13.69----------1876.93
9:51---------16.54
10:01--------21.00----------1869.62 (day's low)
10:06--------15.72
10:20--------10.62
10:50---------8.01

10:59--------11.84
11:16---------6.50
11:30---------5.80----------1884.82

11:33--------11.05
11:36---------7.78

11:52---------9.50
11:55--------14.00
11:59--------14.94
12:01--------17.40----------1873.22 (-0.92%)
Market Close.

Value turnover: PhP 1.774 bn
Cross transactions: PhP 667 mn

Advancers 31
Decliners 45
Unchanged 42

Sectoral Indices:
Property -2.60%
Services -1.63%
Holdings -0.91%
Financial -0.05%
M-O +0.72%
Industrial +1.06%

The Day's Top Gainers:
TUNA: PhP 1.34; +13.56%
OPM: PhP 0.010; +11.11%
FGEN: PhP 20.00; +11.11%

The Day's Biggest Decliners:
I: PhP 3.75; -12.79%
LND: PhP 0.16; -11.11%
GEO: PhP 0.39; -7.14%

At mid-day:
Asian equities markets were mostly higher.
The Philippine Peso was at PhP 48.450 vs US$ 1.00.