The Philippine Stock Market - March 30, 2009

The local equities market finally went into an overdue correction after its continous rise the past days. The large drop in WallStreet last Friday had the Philippine Stock Exchange Index (PSEi) open lower and test the 2000 level.

PSEi previous close - 2040.25 (March 27)

time---------down--------PSEi
9:31--------12.83-------2027.42
9:32--------11.11

9:33--------13.39
9:35--------18.28
9:40--------21.13
9:50--------25.36
9:56--------31.55
9:59--------35.97------2004.28 (day's low)

10:03-------31.72
10:04-------28.31
10:08-------23.95
10:13-------21.01------2019.24

10:20-------24.11
10:27-------29.14------2011.11

10:43-------23.02
10:49-------21.96

10:52-------25.51
10:57-------28.64

11:21-------26.56
11:23-------21.24

11:34-------24.51
11:42-------26.11
11:52-------27.40
11:54-------28.23

11:57-------23.38
11:59-------18.60
12:01-------17.15------2023.11 (-0.84%)
Market Close.

Value turnover: PhP 1.634 bn
Cross transactions: PhP 616 mn

Advancers 34
Decliners 52
Unchanged 31

Sectoral Indices.
Financial -1.26%
Industrial -0.99%
Property -0.82%
Services -0.41%
Holdings +0.02%
M-O +1.91%

The Day's Top Gainers:
IRC: PhP 0.54; +35.00%
T: PhP 2.70; +14.41%
IS: PhP 0.04; +14.29%

The Day's Biggest Decliners:
UW: PhP 0.06; -25.00%
ETON: PhP 1.56; -13.33%
MAC: PhP 2.80; -6.67%

At mid-day:
Asian equities markets were mostly lower.
The Philippine Peso was at PhP 48.370 vs US$ 1.00.