The Philippine Stock Market - March 27, 2009

Dow Jones Industrial Average (DJIA) Summary
Index Value: 7,924.56
Trade Time: March 26
Change: Up 174.75 (+2.25%)
Prev Close: 7,749.81
Open: 7,752.36
Day's Range: 7,752.28 - 7,931.33

WallStreet had another huge advance and the DJIA is attempting to challenge the 8000 level. The local equities market got a big boost in sentiment and continued its rise from the past days. The Philippine Stock Exchange Index (PSEi) easily hurdled the 2000 level, which it last reached on January 13, 2009.

PSEi previous close - 1988.26 (March 26)

time---------up-----------PSEi
9:31--------34.92--------2023.18

The PSEi immediately breaches the key 2000 level.

9:32--------42.40
9:33--------49.07
9:36--------51.90
9:37--------54.72
9:39--------57.68
9:41--------58.72
9:42--------60.34--------2048.60 (day's high)

9:50--------54.82
10:12-------53.60
10:14-------51.25
10:15-------50.89
10:46-------50.76

10:49-------52.96
10:53-------56.30

10:58-------55.62
11:04-------51.77
11:13-------49.62
11:18-------46.57
11:23-------43.38
11:28-------39.57
11:37-------38.27
11:44-------37.99---------2026.25

11:51-------41.25
11:53-------44.60
11:56-------48.56
11:58-------51.28
12:01-------51.99--------2040.25 (+2.61%)
Market Close.

Value turnover: PhP 2.815 bn
Cross transactions: PhP 652 mn

Advancers 78
Decliners 30
Unchanged 34

The Day's Top Gainers:
MHC: PhP 0.22; +41.94%
UW: PhP 0.08; +33.33%
ORE: PhP 0.40; +14.29%

The Day's Biggest Decliners:
WIN: PhP 0.10; -28.57%
DIZ: PhP 1.50; -16.67%
SFI: PhP 0.15; -11.76%

At mid-day:
Asian equities markets were mostly down.
The Philippine Peso was at PhP 48.152 vs US$ 1.00.