The Philippine Stock Market - April 28, 2009

Dow Jones Industrial Average (DJIA) Summary
Index Value: 8,025.00
Trade Time: Apri 27
Change: Down 51.29 (-0.64%)
Prev Close: 8,076.29
Open: 8,073.82
Day's Range: 7,987.16 - 8,122.56

WallStreet fell because of the Swine-flu scare but the DJIA closed off its low and ended still above the 8000 level.

The local equities market followed the lead and the Philipine Stock Exchange Index (PSEi) declined by 1.00% and closed near its low.

PSEi previous close - 2085.63 (April 27)

time----------down-----------PSEi
9:31----------8.08----------2077.55
9:33----------8.63

9:35----------5.38
9:42---------11.50
9:44---------13.10
9:53---------13.95
9:56---------14.39
10:01--------15.98
10:04--------16.22
10:06--------17.09

10:07--------14.12
10:15--------13.28
10:16--------15.99
10:19--------17.25
10:23--------17.36
10:26--------17.60

10:33--------17.60
10:38--------16.29
10:41--------18.61
10:42--------20.57
10:43--------22.19
10:51--------22.54
10:54--------25.20----------2060.33

11:03--------22.96
11:11--------20.29

11:25--------23.75
11:28--------24.49
11:35--------24.78
11:38--------25.12
11:42--------26.49
11:44--------27.02
11:56--------27.85---------2057.58 (day's low)
11:59--------25.28
12:01--------22.13---------2063.50 (-1.06%)
Market Close.

If the market drop continues, the immediate target is the April 15, 2009 low at 2015. Next Support level is seen at the Chart gap left open (April 2-3, 2009) at 1996.50-2008.64

Value turnover: PhP 1.598 bn
Cross transactions: PhP 831 mn

Advancers 27
Decliners 74
Unchanged 46

Sectoral Indices.
M-O -3.27%
Property -3.11%
Industrial -1.35%
Holdings -1.21%
Financial -0.54%
Services -0.08%

The Day's Top Gainers:
BHI: PhP 0.12; +20.00%
ION: PhP 1.00; +19.05%
SHNG: PhP 1.30; +8.33%

The Day's Biggest Decliners:
ALCO: PhP 0.18; -18.18%
LR: PhP 0.99; -17.50%
WPI: PhP 0.20; -16.67%

At mid-day:
Asian equities markets were mostly lower.
The Philippine Peso was at PhP 48.851 vs US$ 1.00.


CLOSING PRICES OF SELECT STOCKS (as of April 28, 2009):
ABA: PhP 0.96
ALI: PhP 6.20
DGTL: PhP 1.08
EDC: PhP 3.35
EIBA: PHP 0.21
FLI: PhP 0.49
GEO: PhP 0.42
GOB: PhP 0.17
JOH: PhP 1.00
LOTO: PhP 9.20
MEG: PhP 0.67
MPI: PhP 3.30
MUSX: PhP 0.0875
PAX: PhP 0.80
PX: PhP 5.40
SPH: PhP 2.85
SUN: PhP 0.20
TA: PhP 0.87
UW: PhP 0.07
WEB: PhP 0.045