The Philippine Stock Market - May 07, 2009

Dow Jones Industrial Average (DJIA) Summary
Index Value: 8,512.28
Trade Time: May 6
Change: Up 101.63 (+1.21%)
Prev Close: 8,410.65
Open: 8,403.48
Day's Range: 8,403.00 - 8,518.57

It was another good day in WallStreet as the DJIA gained more than 100 points to close at its highest level since January 13, 2009.

The local equities market also extends its winning streak. The Philippine Stock Exchange Index (PSEi) completes the closing of the chart gap at the 2234-2173 levels(left open since Oct 15-16, 2008) and ends the day higher by almost 1 1/2%.

PSEi previous close - 2206.23 (May 06)

time----------up-----------PSEi
9:31---------2.43--------2208.66
9:39--------29.61--------2235.83

The chart gap is closed.

9:51--------32.48
10:09-------36.53
10:14-------38.28
10:25-------40.64
10:38-------45.27--------2251.50 (day's high)

10:47-------42.96
10:54-------39.32
10:58-------36.26

11:12-------39.05
11:23-------36.90
11:28-------32.98
11:32-------30.94
11:43-------29.12
11:50-------25.66
11:56-------23.73-------2232.39

11:59-------29.62
12:01-------32.69-------2238.92 (+1.48%)
Market Close.

Value turnover: PhP 3.824 bn
Cross transactions: PhP 1.359 bn

Advancers 81
Decliners 34
Unchanged 37

Sectoral Indices.
Property +3.19%
M-O +2.91%
Financial +2.39%
Holdings +1.35%
Services +1.10%
Industrial +0.14%

The Day's Top Gainers:
MVC: PhP 0.74; +48.00%
MIHB: PhP 0.62; +24.00%
NI: PhP 5.50; +18.28%

The Day's Biggest Decliners:
ECP: PhP 1.60; -39.62%
MED: PhP 0.125; -13.79%
UNI: PhP 0.08; -11.11%

At mid-day:
Asian equities markets were mostly up.
The Philippine Peso was at PhP 47.492 vs US$ 1.00.


CLOSING PRICES OF SELECT STOCKS (as of May 07, 2009):
ABA: PhP 0.95
ALI: PhP 7.40
DGTL: PhP 1.16
EDC: PhP 3.85
EIBA: PHP 0.25
FLI: PhP 0.63
GEO: PhP 0.51
GOB: PhP 0.17
JOH: PhP 1.00
LOTO: PhP 10.00
MEG: PhP 0.94
MPI: PhP 3.35
MUSX: PhP 0.085
PAX: PhP 0.93
PX: PhP 6.00
SPH: PhP 3.05
SUN: PhP 0.30
TA: PhP 0.93
UW: PhP 0.075
WEB: PhP 0.044