The Philippine Stock Market - June 23, 2009

Dow Jones Industrial Average (DJIA) Summary
Index Value: 8,339.01
Trade Time: June 22
Change: Down 200.72 (-2.35%)
Prev Close: 8,539.73
Open: 8,538.52
Day's Range: 8,334.55 - 8,538.83


The big drop in WallStreet induces a big decline in the local equities market. With the 2400 level support shattered, the Philippine Stock Exchange Index (PSEi) went into a freefall early on, as it looks for a new support.

PSEi previous close - 2411.88 (June 21)

time---------down-----------PSEi
9:31--------28.35---------2383.53
9:32--------28.51
9:33--------30.39

9:34--------26.37
9:35--------31.76
9:36--------33.24
9:37--------33.52
9:38--------34.81
9:39--------37.62
9:41--------38.21
9:42--------39.40
9:43--------40.06
9:44--------40.63
9:45--------42.88
9:46--------43.30
9:47--------43.87---------2368.01

9:49--------43.54
9:50--------46.94---------2364.94
9:54--------43.87
9:55--------43.71
9:56--------42.53---------2369.35

9:58--------44.81
10:00-------47.17
10:01-------47.97
10:02-------48.13
10:03-------51.60
10:08-------52.14---------2359.74

A chart gap at the 2360.06-2363.09 levels (left open last May 28-29) is filled.

10:09-------52.30
10:11-------53.11
10:15-------56.11
10:17-------58.15
10:21-------58.32
10:24-------59.01
10:26-------59.13---------2352.75 (day's low)

10:29-------54.23
10:30-------52.81
10:33-------55.44
10:35-------49.89
10:40-------46.73
10:42-------44.21
10:46-------42.83
10:50-------42.71---------2369.17
10:54-------47.19
10:55-------47.35
10:57-------49.09
11:03-------44.91
11:04-------46.44
11:08-------47.78
11:09-------48.21
11:10-------49.51
11:11-------46.16
11:12-------44.08
11:16-------46.50
11:19-------48.85
11:23-------50.35---------2361.53
11:28-------48.19
11:31-------49.36
11:33-------50.14
11:44-------45.78
11:49-------46.51
11:55-------44.55
11:57-------42.00
11:58-------40.02---------2371.86
11:59-------44.04
12:01-------41.82---------2370.06 (-1.73%)
Market Close.

Value turnover: PhP 2.243 bn
Cross transactions: PhP 703 mn

Advancers 15
Decliners 102
Unchanged 39

Sectoral Indices:
Property -3.63%
Industrial -2.76%
M-O -2.48%
FInancial -1.73%
Holdings -1.62%
Services -0.60%

The Only Index Advancers:
BDO: PhP 31.50; +3.28%
AEV: PhP 6.10; +1.67%

The Day's Top Gainers:
TOL: PhP 7.70; +37.50%
PWR: PhP 0.30; +11.11%
MAB: PhP 0.01`3; +8.33%

The Day's Biggest Decliners:
IRCB: PhP 0.50; -28.57%
PAX: PhP 1.84; -14.81%
WIN: PhP 0.12; -14.29%

At mid-day:
Asian equities markets were down.
The Philippine Peso was at PhP 48.609 vs US$ 1.00.


CLOSING PRICES OF SELECT STOCKS (as of June 23, 2009):
ABA: PhP 0.96
ALI: PhP 8.10
DGTL: PhP 1.28
EDC: PhP 3.65
EIBA: PHP 0.26
FLI: PhP 0.68
GEO: PhP 0.56
GOB: PhP 0.17
JOH: PhP 1.20
LOTO: PhP 9.40
MEG: PhP 0.95
MPI: PhP 4.95
MUSX: PhP 0.105
PAX: PhP 1.84
PX: PhP 6.50
SPH: PhP 2.90
SUN: PhP 0.36
TA: PhP 0.94
UW: PhP 0.08
V: PhP 0.98
WEB: PhP 0.050