The Philippine Stock Market - June 22, 2009

It was another erratic day in the local equities market as it continues to look for a direction. In the absence of leads, trading was lethargic and with low volumes. The Philippine Stock Exchange Index (PSEi) moved in and out of positive territory and within a narrow range. It managed to hang on above the 2400 level and close near its high.

PSEi previous close - 2398.30 (June 19)

time-------------change------------PSEi
9:31------------up 0.71----------2399.01
9:32---------------1.49
9:33---------------4.26
9:38---------------7.22
9:44---------------8.84----------2407.14
9:50---------------4.68

The market heads lower.

9:55---------down 0.55
9:57--------------2.04
9:59--------------4.02

10:08--------down 1.38
10:23-------------6.24
10:25-------------7.02

10:28--------down 2.92
10:30-------------6.08
10:35-------------7.17
10:37------------10.26
10:44------------11.55
10:46------------11.83----------2386.47 (day's low)

10:55-------down 10.15
11:07-------------4.83
11:16-------------0.91
11:19-------------0.55

The market regains its mid-session losses.

11:20---------up 1.62
11:22------------3.48
11:41------------6.04
11:50------------6.69
11:57-----------12.62
11:59-----------15.87----------2414.17 (day's high)
12:01-----------13.58----------2411.88 (+0.57%)
Market Close.

Value turnover: PhP 1.644 bn
Cross transactions :PhP 514 mn

Advancers 27
Decliners 63
Unchanged 52

Sectoral Indices.
Property +2.00%
Financial +1.32%
Services +0.51%
Holdings +0.31%
Industrial -0.62%
M-O -2.48%

The Day's Top Gainers:
MHC: PhP 0.30; +27.66%
WIN: PhP 0.14; +16.67%
ATN: PhP 4.05; +6.58%

The Day's Biggest Decliners:
SPC: PhP 2.50; -16.67%
DIZ: PhP 3.00; -11.76%
BHI: PhP 0.10; -9.09%

At mid-day:
Asian equities markets were mostly higher.
The Philippine Peso was at PhP 48.386 vs US$ 1.00.


CLOSING PRICES OF SELECT STOCKS (as of June 22, 2009):
ABA: PhP 0.96
ALI: PhP 8.50
DGTL: PhP 1.30
EDC: PhP 3.75
EIBA: PHP 0.26
FLI: PhP 0.72
GEO: PhP 0.59
GOB: PhP 0.17
JOH: PhP 1.20
LOTO: PhP 9.70
MEG: PhP 1.00
MPI: PhP 5.820
MUSX: PhP 0.12
PAX: PhP 2.16
PX: PhP 6.50
SPH: PhP 2.90
SUN: PhP 0.40
TA: PhP 0.97
UW: PhP 0.0925
V: PhP 1.00
WEB: PhP 0.050