The Philippine Stock Market - March 23, 2009

The local equities market is on its fourth straight day of advance (since Wednesday last week). The Philippine Stock Exchange Index (PSEi) rode on its strong momentum from last Friday and is attempting to close in on the 1900 level.

PSEi previous close - 1833.90 (March 20)

time---------up-----------PSEi
9:31--------15.10-------1849.00
9:33--------16.34
9:34--------23.12
9:37--------25.47

9:41--------21.40
9:50--------28.80
9:53--------30.95
9:57--------36.12
10:07-------38.96
10:16-------39.66
10:23-------41.33
10:24-------43.31
10:33-------46.52
10:37-------50.01-------1883.91(day's high)

10:41-------49.16
10:53-------47.36
11:03-------44.80
11:17-------44.08
11:35-------43.31
11:53-------42.80

11:57-------45.64
12:01-------45.19-------1879.09(+2.46%)
Market Close.

Value turnover: PhP 4.734 bn
Cross transactions: PhP 3.355 bn (includes crosses in TEL amounting to PhP 2.866 bn)
Block Sale: 14,800 shs TEL @ PhP 1970 = PhP 29.156 mn

Advancers 53
Decliners 29
Unchanged 38

Sectoral Indices:
Financial +3.21%
Property +3.16%
Holdings +2.40%
Services +1.87%
Industrial +1.65%
M-O -1.14%

The Day's Top Gainers:
EEI: PhP 1.14; +28.09%
ARA: PhP 0.17; +13.33%
MFC: PhP 450.00; +12.50%

The Day's Biggest Decliners:
WIN: PhP 0.14; -9.68%
OV: PhP 0.01; -9.09%
ASIA: PhP 4.30; -6.52%

At mid-day:
Asian equities markets were up.
The Philippine Peso was at PhP 48.280 vs US$ 1.00.