The Philippine Stock Market - April 17, 2009

Dow Jones Industrial Average (DJIA) Summary
Index Value: 8,125.43
Trade Time: April 16
Change: Up 95.81 (+1.19%)
Prev Close: 8,029.62
Open: 8,029.14
Day's Range: 7,962.71 - 8,168.12

WallStreet held above the 8000 level and again rose more than 1.00%.
The local equities market also continued its advance. As the Bangko Sentral ng Pilipinas (BSP) cut interest rates by 25 basis points, investors took notice of the Property Stocks. The Philippine Stock Exchange Index (PSEi) is currently testing the 2100 level.

PSEi previous close - 2064.66 (April 16)

time----------up-----------PSEi
9:31--------16.61--------2081.27
9:36--------17.45

9:39--------13.88
9:49--------14.91
9:51--------25.51
9:52--------31.00

10:05-------30.06
10:09-------31.72
10:20-------33.05
10:25-------33.78
10:30-------34.89

10:44-------31.99
10:56-------33.78
11:08-------34.88
11:13-------36.00--------2100.06 (day's high)

The 2100 level is tested.

11:36-------31.42
11:51-------34.50
11:57-------31.13
11:58-------30.23
12:01-------29.47--------2094.13 (+1.43%)
Market Close.

Value turnover: PhP 3.811 bn
Cross transactions: PhP 1.638 bn
Block Sales:PhP 2,700,000 shs BDO @ PhP 28.50 = PhP 76.95 mn

Advancers 99
Decliners 16
Unchanged 30

Sectoral Indices:
Property +4.09%
Financial +2.99%
M-O +2.20%
Industrial +2.06%
Holdings +1.99%
Services -0.30%

The Day's Top Gainers:
UNI: PhP 0.08; +33.33%
OMW2: PhP 0.0055; +30.95%
OPM: PhP 0.012; +20.00%

The Day's Biggest Decliners:
WIN: PhP 0.13; -7.14%
BSC: PhP 0.125; -3.85%
PCOR: PhP 5.70; -3.39%

At mid-day:
Asian equities markets were mostly higher.
The Philippine Peso was at PhP 47.731 vs US$ 1.00.


CLOSING PRICES OF SELECT STOCKS (as of April 17, 2009):
ABA: PhP 0.97
ALI: PhP 6.20
DGTL: PhP 1.06
EDC: PhP 3.60
EIBA: PHP 0.22
FLI: PhP 0.47
GEO: PhP 0.46
GOB: PhP 0.17
JOH: PhP 1.00
LOTO: PhP 9.30
MEG: PhP 0.68
MPI: PhP 3.40
MUSX: PhP 0.0925
PAX: PhP 0.90
PX: PhP 5.90
SPH: PhP 2.90
SUN: PhP 0.27
TA: PhP 0.90
UW: PhP 0.095
WEB: PhP 0.045