Dow Jones Industrial Average (DJIA) Summary
Index Value: 9,154.46
Trade Time: July 30
Change: Up 83.74 (+0.92%)
Prev Close: 9,070.72
Open: 9,072.84
Day's Range: 9,072.61 - 9,246.43
WallStreet opened strong and tested the 9200 level. The DJIA was up by more than 140 points at one point but gave back some of its gains to end up higher by less than 1%.
The advance in WallStreet gave the local equities market another boost. The Philippine Stock Exchange Index (PSEi) touched another new 13-month high but it also gave back some of its gains to close below the 2800 level.
PSEi previous close - 2764.98 (July 30)
time-----------up------------PSEi
9:31----------25.19--------2790.17
9:32----------28.46
9:33----------31.14
9:35----------40.82--------2805.80
The 2800 level is breached.
9:39----------50.17
9:43----------50.36
9:45----------57.10
9:46----------62.83
9:47----------66.00
9:48----------76.78
At this point, MER is at PhP 265.00 up +9.96% from its previous close of PhP 241.00. It accounts for an advance of 22.63 points in the PSEi.
9:50----------77.23---------2842.21 (HIGH)
The June 2,2008 high of 2839 is broken. This is the highest level the PSEi has reached since May 28, 2008 when it touched a high of 2868.
9:53----------70.87
9:54----------68.51
9:56----------65.96
10:00---------68.13
After the strong advance in the first half-hour of trading, the market corrects itself.
10:01---------62.65
10:08---------61.41
10:24---------60.45
10:25---------57.77
10:26---------56.35
10:29---------55.39
10:31---------52.79
10:35---------49.68
10:39---------44.86
10:41---------41.71
10:56---------43.12
At this point, MER is at PhP 248.00
11:03---------44.94
11:04---------47.16
11:06---------49.21
11:12---------44.96
11:26---------46.56
11:38---------48.17
11:48---------44.37
11:50---------43.38
11:52---------42.29
11:55---------41.89
11:57---------36.06---------2801.04
The market ends the month just below the 2800 level.
11:59---------31.81
12:1----------33.35---------2798.33 (+1.21%)
Market close.
Value turnover: PhP 4.639 bn
Cross transactions: PhP 1.151 bn
Block Sale: 134,340 TEL shs @ PhP 2497.94 = PhP 335.57 mn
MER closed at its day' low of PhP 229.00 (-4.98%)
Advancers 89
Decliners 33
Unchanged 45
Sectoral Indices:
Financial +2.75%
Property +2.11%
Services +1.92%
M-O +1.27%
Holdings +0.94%
Industrial -1.39%
The Day's Top Gainers:
MVC: PhP 0.66; +32.00%
MFC: PhP 1,010.00; +17.44%
BHI: PhP 0.135; +17.39%
The Day's Biggest Decliners:
CAT: PhP 2.95; -37.23%
PRMX: PhP 4.40; -16.98%
ALCO: PhP 0.21; -8.70%
At mid-day:
Asian equities markets were higher.
The Philippine Peso was at PhP 48.071 vs US$1.00.
CLOSING PRICES OF SELECT STOCKS (as of July 31, 2009):
ABA: PhP 0.92
ALI: PhP 9.10
DGTL: PhP 1.46
EDC: PhP 4.50
EIBA: PHP 0.26
GEO: PhP 0.71
GOB: PhP 0.17
JOH: PhP 1.40
LOTO: PhP 10.50
MPI: PhP 5.50
MUSX: PhP 0.13
PX: PhP 7.80
SFI: PhP 0.205
SPH: PhP 2.95
SUN: PhP 0.49
TA: PhP 1.00
UW: PhP 0.11
WEB: PhP 0.055
Friday, July 31, 2009
Thursday, July 30, 2009
The Philippine Stock Market - July 30, 2009
Dow Jones Industrial Average (DJIA) Summary
Index Value: 9,070.72
Trade Time: July 29
Change: Down 26.00 (-0.29%)
Prev Close: 9,096.72
Open: 9,092.34
Day's Range: 9,014.19 - 9,094.83
The local equities market plunged as Meralco (MER) shares fell steeply today. The Philippine Stock Exchange Index (PSEi) was down by almost a hundred points early on but limited its losses as MER also bounced back.
PSEi previous close - 2803.39 (July 29)
time---------down----------PSEi
9:31--------47.09--------2756.30
MER opens at PhP 200.00 down 32.20% from yesterday's close of PhP 295.00.
9:32--------34.21
MER at PhP 240.00
9:33--------42.33
9:34--------56.30
9:35--------68.68
9:36--------75.51
9:37--------80.69
9:39--------91.88-------2711.51 (Day's low)
MER touched a low of PhP 190.00
9:42--------89.86
9:46--------70.88
9:47--------56.63-------2746.76
9:50--------60.77
9:52--------65.47
10:00-------70.27
10:05-------74.48-------2728.91
10:10-------68.62
10:12-------61.08
10:13-------67.04
10:14-------62.99
10:16-------58.13
10:17-------55.94
10:21-------52.30
10:22-------51.48
10:23-------46.86
10:25-------33.63
10:26-------31.60
10:27-------25.66--------2777.73
MER at PhP 262.50.
10:30-------39.04
10:33-------30.52
10:35-------27.03
10:41-------24.83--------2778.56
10:53-------30.11
11:00-------32.36
11:07-------34.14
11:12-------37.35
11:15-------42.53
11:28-------43.66
11:30-------35.86
11:33-------33.86
11:38-------36.35
11:45-------38.41
11:49-------39.72
11:53-------41.53
11:54-------42.57
11:56-------43.84
11:59-------36.23
12:01-------38.41-------2764.98 (-1.37%)
Market Close.
Value turnover: PhP 3.921 bn
Cross transactions: PhP 1.431 bn
Block Sales: 4,062,391 ETEL shs @ PhP 432.31 = PhP 1.756 bn
----------------122,140 TEL shs @ PhP 2439 = PhP 279.90 mn
Advancers 41
Decliners 78
Unchanged 45
MER closed at PhP 241.00 (-18.31%). It accounts for a decline of 50.88 points in the PSEi.
Sectoral Indices:
Industrial -7.27%
M-O -1.63%
Property -0.79%
Holdings -0.57%
Financial +0.27%
Services +2.52%
The Day's Top Gainers:
CYBR: PhP 0.79; +29.51%
MII: PhP 2.80; +25.00%
POPI: PhP 0.60; +22.45%
The Day's Biggest Decliners:
PRIM: PhP 0.80; -19.19%
MER: PhP 241.00; -18.31%
PO: PhP 3.30; -17.50%
At mid-day:
Asian equities markets were mostly lower.
The Philippine Peso was at PhP 48.134 vs US$ 1.00.
CLOSING PRICES OF SELECT STOCKS (as of July 28, 2009):
ABA: PhP 0.96
ALI: PhP 9.10
DGTL: PhP 1.40
EDC: PhP 4.50
EIBA: PHP 0.26
FLI: PhP 0.90
GEO: PhP 0.70
GOB: PhP 0.17
JOH: PhP 1.40
LOTO: PhP 10.25
MPI: PhP 5.60
MUSX: PhP 0.13
PX: PhP 7.70
SFI: PhP 0.20
SPH: PhP 2.95
SUN: PhP 0.47
TA: PhP 0.98
UW: PhP 0.10
WEB: PhP 0.055
Index Value: 9,070.72
Trade Time: July 29
Change: Down 26.00 (-0.29%)
Prev Close: 9,096.72
Open: 9,092.34
Day's Range: 9,014.19 - 9,094.83
The local equities market plunged as Meralco (MER) shares fell steeply today. The Philippine Stock Exchange Index (PSEi) was down by almost a hundred points early on but limited its losses as MER also bounced back.
PSEi previous close - 2803.39 (July 29)
time---------down----------PSEi
9:31--------47.09--------2756.30
MER opens at PhP 200.00 down 32.20% from yesterday's close of PhP 295.00.
9:32--------34.21
MER at PhP 240.00
9:33--------42.33
9:34--------56.30
9:35--------68.68
9:36--------75.51
9:37--------80.69
9:39--------91.88-------2711.51 (Day's low)
MER touched a low of PhP 190.00
9:42--------89.86
9:46--------70.88
9:47--------56.63-------2746.76
9:50--------60.77
9:52--------65.47
10:00-------70.27
10:05-------74.48-------2728.91
10:10-------68.62
10:12-------61.08
10:13-------67.04
10:14-------62.99
10:16-------58.13
10:17-------55.94
10:21-------52.30
10:22-------51.48
10:23-------46.86
10:25-------33.63
10:26-------31.60
10:27-------25.66--------2777.73
MER at PhP 262.50.
10:30-------39.04
10:33-------30.52
10:35-------27.03
10:41-------24.83--------2778.56
10:53-------30.11
11:00-------32.36
11:07-------34.14
11:12-------37.35
11:15-------42.53
11:28-------43.66
11:30-------35.86
11:33-------33.86
11:38-------36.35
11:45-------38.41
11:49-------39.72
11:53-------41.53
11:54-------42.57
11:56-------43.84
11:59-------36.23
12:01-------38.41-------2764.98 (-1.37%)
Market Close.
Value turnover: PhP 3.921 bn
Cross transactions: PhP 1.431 bn
Block Sales: 4,062,391 ETEL shs @ PhP 432.31 = PhP 1.756 bn
----------------122,140 TEL shs @ PhP 2439 = PhP 279.90 mn
Advancers 41
Decliners 78
Unchanged 45
MER closed at PhP 241.00 (-18.31%). It accounts for a decline of 50.88 points in the PSEi.
Sectoral Indices:
Industrial -7.27%
M-O -1.63%
Property -0.79%
Holdings -0.57%
Financial +0.27%
Services +2.52%
The Day's Top Gainers:
CYBR: PhP 0.79; +29.51%
MII: PhP 2.80; +25.00%
POPI: PhP 0.60; +22.45%
The Day's Biggest Decliners:
PRIM: PhP 0.80; -19.19%
MER: PhP 241.00; -18.31%
PO: PhP 3.30; -17.50%
At mid-day:
Asian equities markets were mostly lower.
The Philippine Peso was at PhP 48.134 vs US$ 1.00.
CLOSING PRICES OF SELECT STOCKS (as of July 28, 2009):
ABA: PhP 0.96
ALI: PhP 9.10
DGTL: PhP 1.40
EDC: PhP 4.50
EIBA: PHP 0.26
FLI: PhP 0.90
GEO: PhP 0.70
GOB: PhP 0.17
JOH: PhP 1.40
LOTO: PhP 10.25
MPI: PhP 5.60
MUSX: PhP 0.13
PX: PhP 7.70
SFI: PhP 0.20
SPH: PhP 2.95
SUN: PhP 0.47
TA: PhP 0.98
UW: PhP 0.10
WEB: PhP 0.055
Wednesday, July 29, 2009
The Philippine Stock Market - July 29, 2009
Dow Jones Industrial Average (DJIA) Summary
Index Value: 9,096.72
Trade Time: July 28
Change: Down 11.79 (-0.13%)
Prev Close: 9,108.51
Open: 9,106.92
Day's Range: 9,007.47 - 9,124.91
The DJIA tests the 9000 support level but limits its losses to close just slightly under 9100.
The local equities market continues its winning streak. The Philippine Stock Exchange Index (PSEi) breaches the 2800 level and reaches a new 13-month high.
PSEi previous close - 2768.76 (Juy 28)
time----------up-----------PSEi
9:31---------8.94--------2777.70
9:32--------13.65--------2782.41
The PSEi goes above the August 11, 2008 high of 2778.13.
9:33--------15.20
At this point, MER is at PhP 297.50; up by 9.17% from its previous close of PhP 272.50. It accounts for a rise of 21.19 points in the PSEi.
9:34--------17.75
9:35--------18.95
9:38--------22.25
9:39--------23.02
9:40--------23.06--------2791.82
9:45--------18.28
9:48--------16.75
9:49--------20.65
9:51--------21.91
9:52--------22.11
9:56--------23.83
9:59--------25.85
10:00-------26.10
10:02-------28.92
10:06-------29.64
10:08-------31.38--------2800.14
The 2800 level is breached and the market continues its advance.
10:12-------35.50
10:19-------38.68
10:22-------35.69
10:33-------39.98
10:39-------41.05
10:44-------42.80
10:46-------37.82
10:49-------43.49
10:50-------44.33
10:51-------45.28
10:53-------46.72
10:55-------48.21
10:58-------45.53
11:00-------49.70
11:02-------50.83
11:06-------45.31
11:16-------51.29--------2820.05 (Day's high)
This is the highest level since June 2, 2008 when the PSEi touched 2839.29.
11:22-------43.75
11:27-------42.63
11:29-------41.32
11:30-------38.82
11:35-------35.93
11:36-------34.48
11:40-------32.53
11:43-------28.84--------2797.60
The 2800 level is tested.
11:47-------27.56
11:57-------26.05--------2794.81
11:59-------30.48
12:01-------34.63--------2803.39 (+1.25%)
Market Close.
Value turnover: PhP 7.759 bn
Cross transactions: PhP 4.569 bn
Block Sale: 3,100,000 DHC shs @ PhP 8.00 = PhP 24.80 mn
Advancers 68
Decliners 38
Unchanged 61
MER closed at PhP 295.00 (+8.26%)
MER accounts for a rise of 21.20 points in the PSEi.
Sectoral Indices.
Industrial +2.80%
Property +2.32%
Holdings +1.67%
Services +0.42%
Financial -0.21%
M-O -1.26%
The Days Top Gainers:
CYBR: PhP 0.61; +19.61%
ISM: PhP 0.026; +18.18%
EEI: PhP 2.14; +12.63%
The Day's Biggest Decliners:
LAND: PhP 1.28; -20.00%
ICTV: PhP 1.2; -13.85%
BC: PhP 7.90; -11.24%
CLOSING PRICES OF SELECT STOCKS (as of July 29, 2009):
ABA: PhP 0.92
ALI: PhP 9.20
DGTL: PhP 1.36
EDC: PhP 4.50
EIBA: PHP 0.26
FLI: PhP 0.90
GEO: PhP 0.74
GOB: PhP 0.17
JOH: PhP 1.40
LOTO: PhP 10.25
MPI: PhP 5.70
MUSX: PhP 0.13
PX: PhP 7.70
SFI: PhP 0.20
SPH: PhP 3.05
SUN: PhP 0.50
TA: PhP 0.98
UW: PhP 0.105
WEB: PhP 0.055
Index Value: 9,096.72
Trade Time: July 28
Change: Down 11.79 (-0.13%)
Prev Close: 9,108.51
Open: 9,106.92
Day's Range: 9,007.47 - 9,124.91
The DJIA tests the 9000 support level but limits its losses to close just slightly under 9100.
The local equities market continues its winning streak. The Philippine Stock Exchange Index (PSEi) breaches the 2800 level and reaches a new 13-month high.
PSEi previous close - 2768.76 (Juy 28)
time----------up-----------PSEi
9:31---------8.94--------2777.70
9:32--------13.65--------2782.41
The PSEi goes above the August 11, 2008 high of 2778.13.
9:33--------15.20
At this point, MER is at PhP 297.50; up by 9.17% from its previous close of PhP 272.50. It accounts for a rise of 21.19 points in the PSEi.
9:34--------17.75
9:35--------18.95
9:38--------22.25
9:39--------23.02
9:40--------23.06--------2791.82
9:45--------18.28
9:48--------16.75
9:49--------20.65
9:51--------21.91
9:52--------22.11
9:56--------23.83
9:59--------25.85
10:00-------26.10
10:02-------28.92
10:06-------29.64
10:08-------31.38--------2800.14
The 2800 level is breached and the market continues its advance.
10:12-------35.50
10:19-------38.68
10:22-------35.69
10:33-------39.98
10:39-------41.05
10:44-------42.80
10:46-------37.82
10:49-------43.49
10:50-------44.33
10:51-------45.28
10:53-------46.72
10:55-------48.21
10:58-------45.53
11:00-------49.70
11:02-------50.83
11:06-------45.31
11:16-------51.29--------2820.05 (Day's high)
This is the highest level since June 2, 2008 when the PSEi touched 2839.29.
11:22-------43.75
11:27-------42.63
11:29-------41.32
11:30-------38.82
11:35-------35.93
11:36-------34.48
11:40-------32.53
11:43-------28.84--------2797.60
The 2800 level is tested.
11:47-------27.56
11:57-------26.05--------2794.81
11:59-------30.48
12:01-------34.63--------2803.39 (+1.25%)
Market Close.
Value turnover: PhP 7.759 bn
Cross transactions: PhP 4.569 bn
Block Sale: 3,100,000 DHC shs @ PhP 8.00 = PhP 24.80 mn
Advancers 68
Decliners 38
Unchanged 61
MER closed at PhP 295.00 (+8.26%)
MER accounts for a rise of 21.20 points in the PSEi.
Sectoral Indices.
Industrial +2.80%
Property +2.32%
Holdings +1.67%
Services +0.42%
Financial -0.21%
M-O -1.26%
The Days Top Gainers:
CYBR: PhP 0.61; +19.61%
ISM: PhP 0.026; +18.18%
EEI: PhP 2.14; +12.63%
The Day's Biggest Decliners:
LAND: PhP 1.28; -20.00%
ICTV: PhP 1.2; -13.85%
BC: PhP 7.90; -11.24%
CLOSING PRICES OF SELECT STOCKS (as of July 29, 2009):
ABA: PhP 0.92
ALI: PhP 9.20
DGTL: PhP 1.36
EDC: PhP 4.50
EIBA: PHP 0.26
FLI: PhP 0.90
GEO: PhP 0.74
GOB: PhP 0.17
JOH: PhP 1.40
LOTO: PhP 10.25
MPI: PhP 5.70
MUSX: PhP 0.13
PX: PhP 7.70
SFI: PhP 0.20
SPH: PhP 3.05
SUN: PhP 0.50
TA: PhP 0.98
UW: PhP 0.105
WEB: PhP 0.055
Tuesday, July 28, 2009
The Philippine Stock Market - July 28, 2009
Dow Jones Industrial Average (DJIA) Summary
Index Value: 9,108.51
Trade Time: July 27
Change: Up 15.27 (+0.17%)
Prev Close: 9,093.24
Open: 9,093.09
Day's Range: 9,034.52 - 9,123.40
WallStreet closed a little higher as it traded within the 9000-9100 level for most of the time.
The local equities market continues its rise as the advance in Meralco shares props up the market. The Philippine Stock Exchange Index (PSEi) tries to establish new 10-month highs.
PSEi previous close - 2732.62 (July 27)
time-----------up------------PSEi
9:31---------13.70--------2746.32
9:32---------19.73
9:36---------20.42
9:37---------25.33
9:39---------26.94
9:40---------29.51--------2762.13
9:43---------23.01
After a jackrabbit start, the market retreats. Some investors are in the profit taking mode as the Relative Strength Index (RSI) was already at 81.40 yesterday. This indicates that the market is at overbought levels.
9:58---------21.32
9:59---------19.66
10:01--------16.11
10:04--------14.11
10:06--------13.16
10:08--------10.03
10:13---------9.45
10:14---------8.15
10;19---------8.00
10:20---------7.36
10:25---------6.11
10:34---------3.96
10:37---------2.77--------2735.39
The market gives back most of its early gains. But then, the market rebounds strongly.
10:40--------5.08
10:41--------6.14
10:46-------13.85
10:50-------16.27
10:53-------18.07
10:55-------22.78
10:56-------25.67
10:57-------28.45
10:58-------30.81
11:00-------33.54
11:04-------33.62
11:05-------34.09---------2766.71
At this point, Meralco (MER) is at PhP 272.50 (+21.11%) from PhP 225 yesterday.
MER accounts for a rise of 44.76 points in the PSEi.
11:08-------26.97
11:10-------25.97
At this point, MER is at PhP 262.50 (+16.67%).
MER accounts for a rise of 35.33 points in the PSEi.
11:22-------32.20
11:26-------34.14
11:28-------36.34
11:29-------37.43
11:34-------36.24
11:40-------34.85
11:45-------30.92
11:51-------35.14
11:55-------40.45
11:59-------43.04---------2775.66 (day's high)
12:01-------36.14---------2768.76 (+1.32%)
Market Close.
Value turnover: PhP 4.188 bn
Cross transactions: PhP 1.363 bn
Block Sale: 769,100 shs MER @ PhP 250.00 = PhP 192.275 mn
MER close at PhP 272.50 (+21.11%).
MER accounts for a rise of 44.76 points in the PSEi. If not for this, the market would have been down today.
Industrial +6.73%
Services +0.84%
Financial -1.75%
M-O -1.58%
Holdings -1.19%
Property -0.63%
The Day's Top Gainers:
ICTV: PhP 1.30; +30.00%
PHES: PhP 0.215; +26.47%
MER: PhP 272.50; +21.11%
The Day's Biggest Decliners:
JTH: PhP 1.60; -11.11%
SLI: PhP 0.81; -10.00%
OV: PhP 0.013; -7.14%
CLOSING PRICES OF SELECT STOCKS (as of July 28, 2009):
ABA: PhP 0.93
ALI: PhP 9.20
DGTL: PhP 1.34
EDC: PhP 4.60
EIBA: PHP 0.26
FLI: PhP 0.85
GEO: PhP 0.74
GOB: PhP 0.17
JOH: PhP 1.40
LOTO: PhP 10.25
MPI: PhP 5.80
MUSX: PhP 0.125
PX: PhP 7.90
SFI: PhP 0.205***
SPH: PhP 3.05
SUN: PhP 0.47
TA: PhP 0.99
UW: PhP 0.105
WEB: PhP 0.055
*** SFI Volume turnover for the last 3 days of last week:
July 22 - PhP 28.80 mn shs
July 23 - 92.64 mn
July 24 - 138.19 mn
Total volume turnover for the three days was 259.63 mn shs or 28.46% of the total outstanding shs (912.09 mn) or 32.34% of the total listed shs (802.62 mn).
Previous Volume turnover:
2007 - 125.65 mn shs
2008 - 10.77 mn
Index Value: 9,108.51
Trade Time: July 27
Change: Up 15.27 (+0.17%)
Prev Close: 9,093.24
Open: 9,093.09
Day's Range: 9,034.52 - 9,123.40
WallStreet closed a little higher as it traded within the 9000-9100 level for most of the time.
The local equities market continues its rise as the advance in Meralco shares props up the market. The Philippine Stock Exchange Index (PSEi) tries to establish new 10-month highs.
PSEi previous close - 2732.62 (July 27)
time-----------up------------PSEi
9:31---------13.70--------2746.32
9:32---------19.73
9:36---------20.42
9:37---------25.33
9:39---------26.94
9:40---------29.51--------2762.13
9:43---------23.01
After a jackrabbit start, the market retreats. Some investors are in the profit taking mode as the Relative Strength Index (RSI) was already at 81.40 yesterday. This indicates that the market is at overbought levels.
9:58---------21.32
9:59---------19.66
10:01--------16.11
10:04--------14.11
10:06--------13.16
10:08--------10.03
10:13---------9.45
10:14---------8.15
10;19---------8.00
10:20---------7.36
10:25---------6.11
10:34---------3.96
10:37---------2.77--------2735.39
The market gives back most of its early gains. But then, the market rebounds strongly.
10:40--------5.08
10:41--------6.14
10:46-------13.85
10:50-------16.27
10:53-------18.07
10:55-------22.78
10:56-------25.67
10:57-------28.45
10:58-------30.81
11:00-------33.54
11:04-------33.62
11:05-------34.09---------2766.71
At this point, Meralco (MER) is at PhP 272.50 (+21.11%) from PhP 225 yesterday.
MER accounts for a rise of 44.76 points in the PSEi.
11:08-------26.97
11:10-------25.97
At this point, MER is at PhP 262.50 (+16.67%).
MER accounts for a rise of 35.33 points in the PSEi.
11:22-------32.20
11:26-------34.14
11:28-------36.34
11:29-------37.43
11:34-------36.24
11:40-------34.85
11:45-------30.92
11:51-------35.14
11:55-------40.45
11:59-------43.04---------2775.66 (day's high)
12:01-------36.14---------2768.76 (+1.32%)
Market Close.
Value turnover: PhP 4.188 bn
Cross transactions: PhP 1.363 bn
Block Sale: 769,100 shs MER @ PhP 250.00 = PhP 192.275 mn
MER close at PhP 272.50 (+21.11%).
MER accounts for a rise of 44.76 points in the PSEi. If not for this, the market would have been down today.
Industrial +6.73%
Services +0.84%
Financial -1.75%
M-O -1.58%
Holdings -1.19%
Property -0.63%
The Day's Top Gainers:
ICTV: PhP 1.30; +30.00%
PHES: PhP 0.215; +26.47%
MER: PhP 272.50; +21.11%
The Day's Biggest Decliners:
JTH: PhP 1.60; -11.11%
SLI: PhP 0.81; -10.00%
OV: PhP 0.013; -7.14%
CLOSING PRICES OF SELECT STOCKS (as of July 28, 2009):
ABA: PhP 0.93
ALI: PhP 9.20
DGTL: PhP 1.34
EDC: PhP 4.60
EIBA: PHP 0.26
FLI: PhP 0.85
GEO: PhP 0.74
GOB: PhP 0.17
JOH: PhP 1.40
LOTO: PhP 10.25
MPI: PhP 5.80
MUSX: PhP 0.125
PX: PhP 7.90
SFI: PhP 0.205***
SPH: PhP 3.05
SUN: PhP 0.47
TA: PhP 0.99
UW: PhP 0.105
WEB: PhP 0.055
*** SFI Volume turnover for the last 3 days of last week:
July 22 - PhP 28.80 mn shs
July 23 - 92.64 mn
July 24 - 138.19 mn
Total volume turnover for the three days was 259.63 mn shs or 28.46% of the total outstanding shs (912.09 mn) or 32.34% of the total listed shs (802.62 mn).
Previous Volume turnover:
2007 - 125.65 mn shs
2008 - 10.77 mn
Monday, July 27, 2009
The Philippine Stock Market - July 27, 2009
The local equities market continues its bullish ways. The Philippine Stock Exchange Index (PSEi) reaches a new 10-month high.
PSEi previous close - 2676.57 (July 24)
time------------up------------PSEi
9:31----------10.14---------2686.71
9:33----------15.50
9:35----------17.34
9:38----------22.89
9:41----------25.72---------2702.29
The 2700 level is now breached. The advance accelerates further.
9:42----------29.25
9:47----------33.06
9:51----------37.33
9:53----------41.89
9:54----------46.73
9:57----------48.18
10:03---------44.89
10:04---------49.12
10:13---------54.73
10:17---------51.66
10:24---------56.49
10:25---------57.27---------2733.74 (Day's high)
10:36---------54.69
10:49---------53.52
10:50---------50.06
The market pulls back a bit.
10:53---------49.75
11:01---------49.68
11:10---------48.70
11:16---------46.97
11:22---------44.39
11:24---------43.38
11:31---------41.74
11:33---------40.81
11:35---------39.11
11:37---------36.01
11:38---------35.24
11:39---------34.65
11:40---------32.08
11:41---------31.91--------2708.38
11:45---------35.59
The market again closes strong in the final 15 minutes of trade.
11:46---------36.78
11:47---------38.48
11:51---------40.60
11:54---------40.89
11:58---------43.68
12:01---------56.15--------2732.62 (+2.10%)
Market Close.
Value turnover: PhP 3.909 bn
Cross transactions: PhP 977 mn
The PSEi is at its highest levels since Sept. 9, 2008. The next target resistance is at 2778.13 (August 11, 2008 high).
Advancers 78
Decliners 44
Unchanged 53
Sectoral Indices advanced across-the-board.
Industrial +3.51%
Financial +2.66%
Property +2.64%
Holdings +2.37%
M-O +0.17%
Services +0.13%
The Day's Top Gainers:
MII: PhP 2.24; +49.33%
PRIM: PhP 0.99; +39.44%
VLL: PhP 2.50; +28.87%
The Day's Biggest Decliners:
FJPB: PhP 1.22; -39.00%
MVC: PhP 0.44; -37.14%
PHES: PhP 0.17; -24.44%
At mid-day:
Asian Equities markets were mostly higher.
The Philippine Peso was at PhP 48.028 vs US$ 1.00.
CLOSING PRICES OF SELECT STOCKS (as of July 27, 2009):
ABA: PhP 0.94
ALI: PhP 9.20
DGTL: PhP 1.34
EDC: PhP 4.60
EIBA: PHP 0.26
FLI: PhP 0.85
GEO: PhP 0.75
GOB: PhP 0.17
JOH: PhP 1.40
LOTO: PhP 10.50
MEG: PhP 1.20
MPI: PhP 5.30
MUSX: PhP 0.12
PAX: PhP 2.85
PX: PhP 8.00
SPH: PhP 2.95
SUN: PhP 0.46
TA: PhP 1.00
UW: PhP 0.105
V: PhP 1.06
WEB: PhP 0.0525
PSEi previous close - 2676.57 (July 24)
time------------up------------PSEi
9:31----------10.14---------2686.71
9:33----------15.50
9:35----------17.34
9:38----------22.89
9:41----------25.72---------2702.29
The 2700 level is now breached. The advance accelerates further.
9:42----------29.25
9:47----------33.06
9:51----------37.33
9:53----------41.89
9:54----------46.73
9:57----------48.18
10:03---------44.89
10:04---------49.12
10:13---------54.73
10:17---------51.66
10:24---------56.49
10:25---------57.27---------2733.74 (Day's high)
10:36---------54.69
10:49---------53.52
10:50---------50.06
The market pulls back a bit.
10:53---------49.75
11:01---------49.68
11:10---------48.70
11:16---------46.97
11:22---------44.39
11:24---------43.38
11:31---------41.74
11:33---------40.81
11:35---------39.11
11:37---------36.01
11:38---------35.24
11:39---------34.65
11:40---------32.08
11:41---------31.91--------2708.38
11:45---------35.59
The market again closes strong in the final 15 minutes of trade.
11:46---------36.78
11:47---------38.48
11:51---------40.60
11:54---------40.89
11:58---------43.68
12:01---------56.15--------2732.62 (+2.10%)
Market Close.
Value turnover: PhP 3.909 bn
Cross transactions: PhP 977 mn
The PSEi is at its highest levels since Sept. 9, 2008. The next target resistance is at 2778.13 (August 11, 2008 high).
Advancers 78
Decliners 44
Unchanged 53
Sectoral Indices advanced across-the-board.
Industrial +3.51%
Financial +2.66%
Property +2.64%
Holdings +2.37%
M-O +0.17%
Services +0.13%
The Day's Top Gainers:
MII: PhP 2.24; +49.33%
PRIM: PhP 0.99; +39.44%
VLL: PhP 2.50; +28.87%
The Day's Biggest Decliners:
FJPB: PhP 1.22; -39.00%
MVC: PhP 0.44; -37.14%
PHES: PhP 0.17; -24.44%
At mid-day:
Asian Equities markets were mostly higher.
The Philippine Peso was at PhP 48.028 vs US$ 1.00.
CLOSING PRICES OF SELECT STOCKS (as of July 27, 2009):
ABA: PhP 0.94
ALI: PhP 9.20
DGTL: PhP 1.34
EDC: PhP 4.60
EIBA: PHP 0.26
FLI: PhP 0.85
GEO: PhP 0.75
GOB: PhP 0.17
JOH: PhP 1.40
LOTO: PhP 10.50
MEG: PhP 1.20
MPI: PhP 5.30
MUSX: PhP 0.12
PAX: PhP 2.85
PX: PhP 8.00
SPH: PhP 2.95
SUN: PhP 0.46
TA: PhP 1.00
UW: PhP 0.105
V: PhP 1.06
WEB: PhP 0.0525
Saturday, July 25, 2009
Trading in WallStreet - July 24, 2009
Dow Jones Industrial Average (DJIA) Summary
Index Value: 9,093.24
Trade Time: July 24
Change: Up 23.95 (+0.26%)
Prev Close: 9,069.29
Open: 9,066.11
Day's Range: 9,007.39 - 9,100.88
The DJIA traded within the 9000-9100 level and closed near its high.
On the local front, the State Of the Nation Address (SONA) will be given by Pres. Gloria Macapagal Arroyo (PGMA) on Monday.
Index Value: 9,093.24
Trade Time: July 24
Change: Up 23.95 (+0.26%)
Prev Close: 9,069.29
Open: 9,066.11
Day's Range: 9,007.39 - 9,100.88
The DJIA traded within the 9000-9100 level and closed near its high.
On the local front, the State Of the Nation Address (SONA) will be given by Pres. Gloria Macapagal Arroyo (PGMA) on Monday.
Friday, July 24, 2009
The Philippine Stock Market - July 24, 2009
Dow Jones Industrial Average (DJIA) Summary
Index Value: 9,069.29
Trade Time: July 23
Change: Up 188.03 (+2.12%)
Prev Close: 8,881.26
Open: 8,882.31
Day's Range: 8,866.44 - 9,096.72
WallStreet mounts another huge rally to close at a new high since January. The DJIA ends well above the 9000 level.
The local equities market got a big boost from WallStreet and other Asian equities markets. The Philippine Stock Exchange Index (PSEi) closes a chart gap at the 2672-2667 levels left open since September 11-12, 2008 and is at its highest levels since then.
PSEi previous close - 2612.00 (July 23)
time------------up--------------PSEi
9:31----------23.07-----------2633.07
The market easily breaks through the 2626-2627 immediate resistance level.
9:32----------34.58
9:37----------37.00
9:39----------42.66
9:56----------43.24
9:58----------45.32----------2657.32
The market consolidates its gains for the next hour and a half.
10:07---------42.68
10:13---------39.17
10:27---------42.33
10:34---------37.62
10:59---------42.75
11:21---------43.34
11:28---------46.78
11:31---------48.72
The market shows a strong finishing kick in the last 30 minutes of trading for the week.
11:36---------51.26
11:37---------54.91
11:41---------56.22
11:42---------51.99
11:46---------57.43
11:52---------60.36
11:55---------62.33
11:59---------64.98---------2676.98 (Day's high)
12:01---------64.47---------2676.47 (+2.47%)
Market Close.
Value turnover: PhP 4.530 bn
Cross transactions: PhP 1.484 bn
Block Sales: 100,000 shs AC @ PhP 280 = PhP 28.00 mn
----------------65,000,000 PEP @ PhP 0.70 = PhP 45.50 mn
Advancers 86
Decliners 27
Unchanged 58
There was no index issue decliner.
Sectoral Indices rallied across-the-board.
Property +3.65%
Industrial +3.08%
Holdings +2.58%
Finacail +1.84%
Services +1.72%
M-O +0.54%
The Day's Top Gainers:
LIHC: PhP 10.00; +17.65%
OM: PhP 0.0090; +12.50%
BEL: PhP 1.08; +11.34%
The Day's Biggest Decliners:
PRC: PhP 2.42; -8.68%
CDC: PhP 1.50; -6.25%
APXB: PhP 3.00; -6.25%
At mid-day:
Asian equities market were mostly up.
The Philippine Peso was at PhP 48.121 vs US$ 1.00.
CLOSING PRICES OF SELECT STOCKS (as of July 24, 2009):
ABA: PhP 0.95
ALI: PhP 9.20
DGTL: PhP 1.36
EDC: PhP 4.55
EIBA: PHP 0.26
FLI: PhP 0.82
GEO: PhP 0.74
GOB: PhP 0.17
JOH: PhP 1.40
LOTO: PhP 10.50
MEG: PhP 1.16
MPI: PhP 5.60
MUSX: PhP 0.115
PAX: PhP 2.75
PX: PhP 8.00
SPH: PhP 2.85
SUN: PhP 0.49
TA: PhP 1.00
UW: PhP 0.105
V: PhP 1.08
WEB: PhP 0.055
Index Value: 9,069.29
Trade Time: July 23
Change: Up 188.03 (+2.12%)
Prev Close: 8,881.26
Open: 8,882.31
Day's Range: 8,866.44 - 9,096.72
WallStreet mounts another huge rally to close at a new high since January. The DJIA ends well above the 9000 level.
The local equities market got a big boost from WallStreet and other Asian equities markets. The Philippine Stock Exchange Index (PSEi) closes a chart gap at the 2672-2667 levels left open since September 11-12, 2008 and is at its highest levels since then.
PSEi previous close - 2612.00 (July 23)
time------------up--------------PSEi
9:31----------23.07-----------2633.07
The market easily breaks through the 2626-2627 immediate resistance level.
9:32----------34.58
9:37----------37.00
9:39----------42.66
9:56----------43.24
9:58----------45.32----------2657.32
The market consolidates its gains for the next hour and a half.
10:07---------42.68
10:13---------39.17
10:27---------42.33
10:34---------37.62
10:59---------42.75
11:21---------43.34
11:28---------46.78
11:31---------48.72
The market shows a strong finishing kick in the last 30 minutes of trading for the week.
11:36---------51.26
11:37---------54.91
11:41---------56.22
11:42---------51.99
11:46---------57.43
11:52---------60.36
11:55---------62.33
11:59---------64.98---------2676.98 (Day's high)
12:01---------64.47---------2676.47 (+2.47%)
Market Close.
Value turnover: PhP 4.530 bn
Cross transactions: PhP 1.484 bn
Block Sales: 100,000 shs AC @ PhP 280 = PhP 28.00 mn
----------------65,000,000 PEP @ PhP 0.70 = PhP 45.50 mn
Advancers 86
Decliners 27
Unchanged 58
There was no index issue decliner.
Sectoral Indices rallied across-the-board.
Property +3.65%
Industrial +3.08%
Holdings +2.58%
Finacail +1.84%
Services +1.72%
M-O +0.54%
The Day's Top Gainers:
LIHC: PhP 10.00; +17.65%
OM: PhP 0.0090; +12.50%
BEL: PhP 1.08; +11.34%
The Day's Biggest Decliners:
PRC: PhP 2.42; -8.68%
CDC: PhP 1.50; -6.25%
APXB: PhP 3.00; -6.25%
At mid-day:
Asian equities market were mostly up.
The Philippine Peso was at PhP 48.121 vs US$ 1.00.
CLOSING PRICES OF SELECT STOCKS (as of July 24, 2009):
ABA: PhP 0.95
ALI: PhP 9.20
DGTL: PhP 1.36
EDC: PhP 4.55
EIBA: PHP 0.26
FLI: PhP 0.82
GEO: PhP 0.74
GOB: PhP 0.17
JOH: PhP 1.40
LOTO: PhP 10.50
MEG: PhP 1.16
MPI: PhP 5.60
MUSX: PhP 0.115
PAX: PhP 2.75
PX: PhP 8.00
SPH: PhP 2.85
SUN: PhP 0.49
TA: PhP 1.00
UW: PhP 0.105
V: PhP 1.08
WEB: PhP 0.055
Thursday, July 23, 2009
The Philippine Stock Market - July 23, 2009
Dow Jones Industrial Average (DJIA) Summary
Index Value: 8,881.26
Trade Time: July 22
Change: Down 34.68 (-0.39%)
Prev Close: 8,915.94
Open: 8,912.39
Day's Range: 8,860.32 - 8,949.80
WallStreet closed a little lower after trading in a range around the 8900 level. The local equities market also corrected after the past day's gains, but limits its losses and closed with only a marginal decline. The Philippine Stock Exchange Index (PSEi) tests the 2600 level as a support.
PSEi previous close - 2612.38 (July 22)
time---------change----------PSEi
9:31-----down 0.54-------2811.84
9:34------------2.32
9:39------------5.65
9:44-----------10.84
9:46-----------13.16-------2599.22
The 2600 level gives way and the decline slightly accelerates.
9:51-----down 14.60
10:00----------17.40
10:11----------18.94
10:17----------20.96-------2591.42 (Day's low)
10:26----------18.44
10:30----------16.03
10:37----------13.54
10:41----------11.09-------2601.29
The market recovers and goes above the 2600 level again. The support holds for the rest of the trading session.
10:51----down 9.26
10:56----------4.56
11:02----------1.69
11:08----------0.08
11:10-------up 0.41
The PSEi tries to go into positive territory.
11:11-------up 3.18
11:19----down 0.72
11:21-------up 3.38
11:23----------3.96--------2616.34 (Day's high)
11:26----------0.61
11:34----down 3.14
The market stays in the red the rest of the way.
11:37----down 3.80
11:44---------5.07
11:46---------1.71
11:53---------4.71
11:56---------8.86
12:01---------0.38---------2612.00 (-0.014%)
Market Close.
Value turnover: PhP 3.322 bn
Cross transactions: PhP 1.092 bn
Advancers 69
Decliners 40
Unchanged 61
Sectoral Indices.
M-O -0.49%
Financial -0.44%
Holdings -0.37%
Services -0.03%
Property +0.51%
Industrial +0.77%
The Day's Top Gainers:
IMP: PhP 12.50; +38.89%
RCM: PhP 2.65; +25.00%
RFM: PhP 0.54; +22.73%
The Day's Biggest Decliners:
VITA: PhP 0.13; -18.75%
SPC: PhP 2.65; -8.62%
JOH: PhP 1.28; -8.57%
At mid-day:
Asian equities markets were up.
The Philippine Peso was at PhP 48.143 vs US$ 1.00.
CLOSING PRICES OF SELECT STOCKS (as of July 23, 2009):
ABA: PhP 0.95
ALI: PhP 8.90
DGTL: PhP 1.34
EDC: PhP 4.30
EIBA: PHP 0.26
FLI: PhP 0.79
GEO: PhP 0.73
GOB: PhP 0.17
JOH: PhP 1.28
LOTO: PhP 10.25
MEG: PhP 1.12
MPI: PhP 5.60
MUSX: PhP 0.115
PAX: PhP 2.80
PX: PhP 8.00
SPH: PhP 2.85
SUN: PhP 0.47
TA: PhP 1.00
UW: PhP 0.10
V: PhP 1.06
WEB: PhP 0.055
Index Value: 8,881.26
Trade Time: July 22
Change: Down 34.68 (-0.39%)
Prev Close: 8,915.94
Open: 8,912.39
Day's Range: 8,860.32 - 8,949.80
WallStreet closed a little lower after trading in a range around the 8900 level. The local equities market also corrected after the past day's gains, but limits its losses and closed with only a marginal decline. The Philippine Stock Exchange Index (PSEi) tests the 2600 level as a support.
PSEi previous close - 2612.38 (July 22)
time---------change----------PSEi
9:31-----down 0.54-------2811.84
9:34------------2.32
9:39------------5.65
9:44-----------10.84
9:46-----------13.16-------2599.22
The 2600 level gives way and the decline slightly accelerates.
9:51-----down 14.60
10:00----------17.40
10:11----------18.94
10:17----------20.96-------2591.42 (Day's low)
10:26----------18.44
10:30----------16.03
10:37----------13.54
10:41----------11.09-------2601.29
The market recovers and goes above the 2600 level again. The support holds for the rest of the trading session.
10:51----down 9.26
10:56----------4.56
11:02----------1.69
11:08----------0.08
11:10-------up 0.41
The PSEi tries to go into positive territory.
11:11-------up 3.18
11:19----down 0.72
11:21-------up 3.38
11:23----------3.96--------2616.34 (Day's high)
11:26----------0.61
11:34----down 3.14
The market stays in the red the rest of the way.
11:37----down 3.80
11:44---------5.07
11:46---------1.71
11:53---------4.71
11:56---------8.86
12:01---------0.38---------2612.00 (-0.014%)
Market Close.
Value turnover: PhP 3.322 bn
Cross transactions: PhP 1.092 bn
Advancers 69
Decliners 40
Unchanged 61
Sectoral Indices.
M-O -0.49%
Financial -0.44%
Holdings -0.37%
Services -0.03%
Property +0.51%
Industrial +0.77%
The Day's Top Gainers:
IMP: PhP 12.50; +38.89%
RCM: PhP 2.65; +25.00%
RFM: PhP 0.54; +22.73%
The Day's Biggest Decliners:
VITA: PhP 0.13; -18.75%
SPC: PhP 2.65; -8.62%
JOH: PhP 1.28; -8.57%
At mid-day:
Asian equities markets were up.
The Philippine Peso was at PhP 48.143 vs US$ 1.00.
CLOSING PRICES OF SELECT STOCKS (as of July 23, 2009):
ABA: PhP 0.95
ALI: PhP 8.90
DGTL: PhP 1.34
EDC: PhP 4.30
EIBA: PHP 0.26
FLI: PhP 0.79
GEO: PhP 0.73
GOB: PhP 0.17
JOH: PhP 1.28
LOTO: PhP 10.25
MEG: PhP 1.12
MPI: PhP 5.60
MUSX: PhP 0.115
PAX: PhP 2.80
PX: PhP 8.00
SPH: PhP 2.85
SUN: PhP 0.47
TA: PhP 1.00
UW: PhP 0.10
V: PhP 1.06
WEB: PhP 0.055
Wednesday, July 22, 2009
The Philippine Stock Market - July 22, 2009
Dow Jones Industrial Average (DJIA) Summary
Index Value: 8,915.94
Trade Time: July 21
Change: Up 67.79 (+0.77%)
Prev Close: 8,848.15
Open: 8,848.15
Day's Range: 8,811.27 - 8,927.13
The local equities market traded with a positive bias as the DJIA continues its rise. The Philippine Stock Exchange Index (PSEi) managed to close above the 2600 level and near its day's high.
PSEi previous close - 2593.51 (July 21)
time-----------up------------PSEi
9:31----------9.22---------2602.73
9:32---------10.81
9:33---------11.46
9:33---------13.28
9:35---------14.52---------2608.03
9:36---------10.72
9:38----------9.06
9:41---------11.75
9:48----------9.20
9:52---------10.43
9:54----------8.36
9:55----------5.76---------2599.27
The 2600 level is tested.
9:47----------5.43
9:59----------8.96
10:01---------9.37
10:02---------9.68---------2603.19
10:03---------6.55
10:09---------4.32
10:10---------2.95
10:13---------4.37
10:18---------2.43
10:20---------1.06
10:29---------0.63---------2594.14
10:31---------4.47
The market is able to hold on to its gains.
10:36---------5.18
10:38---------6.13
10:42---------6.71---------2600.22
The PSEi hurdles the 2600 level and holds its ground.
10:44---------7.87
10:45---------8.52
10:46---------8.97
10:51--------12.27
10:55--------12.73
10:57--------13.78
11:00--------15.62
11:04--------16.42
11:09--------18.49---------2612.00
11:18--------16.66
11:23--------14.66
11:27--------13.51
11:29--------13.22
11:32--------11.15
11:35--------10.60---------2604.11
11:38--------13.27
11:43--------12.56
11:44--------13.22
11:47--------13.81
11:49--------15.08
11:53--------18.57
11:58--------19.49
11:59--------21.02---------2614.53 (Day's high)
12:1---------18.82---------2612.38 (+0.73%)
Market Close.
Value turnover: PP 2.34 bn
Cross transactions: PhP 1.013 bn
Block Sales: 10m shs DMC @ PhP 7.10 = PhP 71.00 mn
----------------16.658 mn shs TUNA @ PhP 1.46 = PhP 24.32 mn
Advancers 85
Decliners 33
Unchanged 55
Sectoral Indices.
M-O +4.33%
Industrial +2.11%
Holdings +0.89%
Property +0.07%
Financial -0.14%
Services -0.03%
The Day's Top Gainers:
KEP: PhP 1.00; +42.86%
FJPB: PhP 2.00; +33.33%
VITA: PhP 0.16; +28.00%
The Day's Biggest Decliners:
EURO: PhP 1.60; -19.19%
SHNG: PhP 1.38; -12.66%
PWR: PhP 0.27; -6.90%
At mid-day:
Asian equites markets were mostly higher.
The Philippine Peso was at phP 48.112 vs US$ 1.00.
CLOSING PRICES OF SELECT STOCKS (as of July 22, 2009):
ABA: PhP 0.96
ALI: PhP 8.90
DGTL: PhP 1.34
EDC: PhP 4.15
EIBA: PHP 0.26
FLI: PhP 0.80
GEO: PhP 0.70
GOB: PhP 0.17
JOH: PhP 1.40
LOTO: PhP 10.25
MEG: PhP 1.08
MPI: PhP 5.50
MUSX: PhP 0.115
PAX: PhP 2.65
PX: PhP 8.00
SPH: PhP 2.85
SUN: PhP 0.47
TA: PhP 0.99
UW: PhP 0.105
V: PhP 1.06
WEB: PhP 0.055
Index Value: 8,915.94
Trade Time: July 21
Change: Up 67.79 (+0.77%)
Prev Close: 8,848.15
Open: 8,848.15
Day's Range: 8,811.27 - 8,927.13
The local equities market traded with a positive bias as the DJIA continues its rise. The Philippine Stock Exchange Index (PSEi) managed to close above the 2600 level and near its day's high.
PSEi previous close - 2593.51 (July 21)
time-----------up------------PSEi
9:31----------9.22---------2602.73
9:32---------10.81
9:33---------11.46
9:33---------13.28
9:35---------14.52---------2608.03
9:36---------10.72
9:38----------9.06
9:41---------11.75
9:48----------9.20
9:52---------10.43
9:54----------8.36
9:55----------5.76---------2599.27
The 2600 level is tested.
9:47----------5.43
9:59----------8.96
10:01---------9.37
10:02---------9.68---------2603.19
10:03---------6.55
10:09---------4.32
10:10---------2.95
10:13---------4.37
10:18---------2.43
10:20---------1.06
10:29---------0.63---------2594.14
10:31---------4.47
The market is able to hold on to its gains.
10:36---------5.18
10:38---------6.13
10:42---------6.71---------2600.22
The PSEi hurdles the 2600 level and holds its ground.
10:44---------7.87
10:45---------8.52
10:46---------8.97
10:51--------12.27
10:55--------12.73
10:57--------13.78
11:00--------15.62
11:04--------16.42
11:09--------18.49---------2612.00
11:18--------16.66
11:23--------14.66
11:27--------13.51
11:29--------13.22
11:32--------11.15
11:35--------10.60---------2604.11
11:38--------13.27
11:43--------12.56
11:44--------13.22
11:47--------13.81
11:49--------15.08
11:53--------18.57
11:58--------19.49
11:59--------21.02---------2614.53 (Day's high)
12:1---------18.82---------2612.38 (+0.73%)
Market Close.
Value turnover: PP 2.34 bn
Cross transactions: PhP 1.013 bn
Block Sales: 10m shs DMC @ PhP 7.10 = PhP 71.00 mn
----------------16.658 mn shs TUNA @ PhP 1.46 = PhP 24.32 mn
Advancers 85
Decliners 33
Unchanged 55
Sectoral Indices.
M-O +4.33%
Industrial +2.11%
Holdings +0.89%
Property +0.07%
Financial -0.14%
Services -0.03%
The Day's Top Gainers:
KEP: PhP 1.00; +42.86%
FJPB: PhP 2.00; +33.33%
VITA: PhP 0.16; +28.00%
The Day's Biggest Decliners:
EURO: PhP 1.60; -19.19%
SHNG: PhP 1.38; -12.66%
PWR: PhP 0.27; -6.90%
At mid-day:
Asian equites markets were mostly higher.
The Philippine Peso was at phP 48.112 vs US$ 1.00.
CLOSING PRICES OF SELECT STOCKS (as of July 22, 2009):
ABA: PhP 0.96
ALI: PhP 8.90
DGTL: PhP 1.34
EDC: PhP 4.15
EIBA: PHP 0.26
FLI: PhP 0.80
GEO: PhP 0.70
GOB: PhP 0.17
JOH: PhP 1.40
LOTO: PhP 10.25
MEG: PhP 1.08
MPI: PhP 5.50
MUSX: PhP 0.115
PAX: PhP 2.65
PX: PhP 8.00
SPH: PhP 2.85
SUN: PhP 0.47
TA: PhP 0.99
UW: PhP 0.105
V: PhP 1.06
WEB: PhP 0.055
Tuesday, July 21, 2009
The Philippine Stock Market - July 21, 2009
Dow Jones Industrial Average (DJIA)Summary
Index Value: 8,848.15
Trade Time: July 20
Change: Up 104.21 (+1.19%)
Prev Close: 8,743.94
Open: 8,746.05
Day's Range: 8,745.90 - 8,854.80
The DJIA is at its highest level since January 7, 2009. Some analysts turn bullish on the 2nd half of the year due to earnings prospects and an expected recovery in emerging markets. Some have projected the S&P to be at the 1060-1100 levels by year-end (it is currently at around 950).
Deficit balloons to P30 bn in June; pushes YTD hole at P153 bn
The Philippine government announced a budget deficit of P30.2 bn in June 2009.
The deficit is a reversal from P769 mn surplus recorded in June last year.
Pump-priming efforts have widened the deficit YTD to P153.4 bn, compared to comparable figure of P18 bn in last year.
YTD deficit has remained below the government's P155.1 bn target for 1H09.
However, it already accounts for 61% of the full year target of P250 bn
While the Finance Secretary has pronounced a deficit to GDP ceiling of 3%, accelerated govt. spending could lead to surpassing targets
Higher deficit in the 2H09 is more likely given the election spending for next year.
Secretary Teves is expecting to plug the deficit by selling P40 bn worth of government assets this September.
These include selling stakes in energy firm PNOC-EC (P10 to P11 bn) and FTI property in Taguig (P10 to P11 bn)
(From SB Equites Research)
The local equites market opens higher because of the triple digit advance in WallStreet overnight. The Philippine Stock Exchange Index (PSEi) however; sheds most of its early gains and settles below the the 2600 level.
PSEi previous close - 2587.91 (July 20)
time----------change-----------PSEi
9:31---------up 10.05--------2597.96
9:32------------15.98--------2603.89
The immediate resistance at the 2600 level is tested.
9:36---------up 17.36
9:38------------18.54
9:42------------21.53--------2609.44 (Day's high)
9:48---------up 16.70
9:50------------14.97
9:55------------13.41
10:13-----------13.10
10:16-----------12.34--------2600.25
10:17-----------11.26--------2599.17
The PSEi goes below the 2600 level once again.
10:22--------up 10.92
10:25------------9.91
10:28------------8.53
10:29------------7.80
10:33------------7.51
10:35------------6.50
10:38------------2.87
10:40------------2.06
The market has completely reversed its direction.
10:43-------down 1.17
10:45------------3.27
10:49------------4.00
10:50------------4.74
10:54------------5.95
10:56------------7.06
10:58------------7.46--------2580.45 (Day's low)
11:06-------down 4.03
11:11------------1.32
11:15---------up 0.01
11:17------------1.35
The market goes in and out of positive territory.
11:19--------up 2.65
11:22-----------3.21
11:25-----------0.90
11:25-----down 0.24
11:28--------up 1.45
11:34-----------3.20
11:37-----down 0.22
11:39--------up 1.43
The market manages to hang on to slight gains until the end of the trading session.
11:41--------up 0.80
11:45-----------5.00
11:46-----------5.51
11:48-----------9.84
11:52----------10.98---------2598.89
11:57-----------5.11
11:59-----------9.05
12:01-----------5.60---------2593.51 (+0.22%)
Market Close.
Value turnover: PhP 3.688 bn
Cross transactions: PhP 1.139 bn
Advancers 58
Decliners 47
Unchanged 43
Sectoral Indices.
M-O +1.80%
Industrial +1.28%
Financial +0.27%
Holdings +0.23%
Property -0.27%
Services -0.62%
The Day's Top Gainers:
EURO: PhP 1.98; +32.00%
TOL: PhP 8.00; +14.29%
NI: PhP 8.90; +12.66%
The Day's Biggest Decliners:
PRIM: PhP 0.70; -17.65%
ATRK: PhP 2.40; -14.29%
MHC: PhP 0.32; -11.11%
At mid-day:
Asian equities markets were mostly higher.
The Philippine Peso was at PhP 48.080 vs US$ 1.00.
CLOSING PRICES OF SELECT STOCKS (as of July 21, 2009):
ABA: PhP 0.97
ALI: PhP 8.90
DGTL: PhP 1.32
EDC: PhP 4.15
EIBA: PHP 0.26
FLI: PhP 0.80
GEO: PhP 0.72
GOB: PhP 0.17
JOH: PhP 1.40
LOTO: PhP 10.25****
MEG: PhP 1.10
MPI: PhP 5.60
MUSX: PhP 0.115
PAX: PhP 2.55
PX: PhP 7.90
SPH: PhP 2.80
SUN: PhP 0.47
TA: PhP 0.99
UW: PhP 0.105
V: PhP 1.06
WEB: PhP 0.055
****Today is the ex-date of a PhP 0.25 cash dividend for LOTO.
CORPORATE NEWS:
SMC to acquire tollway project (Maintain BUY rating; TP of P72/ share)
San Miguel Corp. disclosed it is signing a deal that involves acquisition of significant stake in tollway project
The group reached a non-binding agreement to invest in Private Infrastructure Development Corp.
PIDC is a private consortium that will build the 88-kilometer Tarlac-Pangasinan-La Union tollway project.
Proposed investment deal still subject to government approval
COMMENT: SMC continues to push for steady revenue stream projects to ensure future earnings growth
SMC also in discussions with EXTELCOM owners, Roberto Ongpin and UK-based Ashmore Investment Management
The company confirmed due diligence negotiations with the telco firm that might come next to Liberty purchase.
SMC's major acquisition/ investments so far include: Petron, Meralco, and Liberty Telecom.
We maintain our rating for SMC: BUY with a TP of P72/ share.
Metro Pacific Investment Corp. sells shares for P2.565 and P3.50 per share
(MPI not rated)
Metro Pacific Inv. Corp. (MPI) it agreed to sell 791.1 million shares, equivalent to a 7.75% stake, to Singapore-based LAWL Pte Ltd.
Agreed price to sell to LAWL was for PHP2.03 billion ($42.3 million), or PHP2.565 a share.
COMMENT: Essentially, this agreement sends a negative signal that MPI shares are only worth P2.565 as the recent sale suggests a 53% discount to MPI's latest closing price of P5.50/ share.
On a bigger picture, MPI also disclosed that it issued 3.45 bn common sHares at P3.50 to the following:
Company ------------------# of MPIC ------Subscription ---------% of ---------Eco. ownership
---------------------------------shares------------price-----------Outstanding
Metro Pacific Holdings---- 2.707 bn------P9.477 bn -------14.51%------ 72.95% (dn frm 90%)
PLDT Ben Trust Fund ----742.5 mn ------P2.599 bn -------3.98% -------19.8%
------------------------Total 3.450 bn -------P12.076 bn
COMMENT: This is part of the proposed "relaunch of shares" by MPI thru a public offering or private placement within the next 48 months.
The agreement comes with a guarantee that MPI's price upon re-launch within 90 days will not be below the acqusition price of BTF and MPH
We note the 36% discount in price of MPI shares issued to MPH and BTF relative to current close of P5.50
The discounted value is well compensated for by MPI's acquisition of Meralco shares that comes with capital gains based on MER's closing value..
MPI will acquire 144.385 mn shares of Meralco at "only" P126/ share (a discount from the P180/ sh closing yesterday) from sellers: BTF/New Gallant Fund plus Crogan Limted
The price of P126 was based on 60-day VWAP of Meralco (not surprisingly one fluc away from recent MER low of P127 now acting as a support)
Taking into consideration the capital gain from the MER investment (+P7.07 bn) and the discount given for the new MPI shares (-P7.2 bn), we cite only a negligible difference of negative P171 mn in value deflating MPI (-P0.01/ share). This is based on respective closing prices prior to disclosure.
MERALCO borrowing P2.5 bn ($52 mn)
Meralco looking to borrow $52 mn in 3Q09
Proceeds will be used to refinance maturing debt in January
Option is to raise thu bond offer or thru bank loan
Second quarter sales indications may have declined qoq
However, officials still optimistic that volume sales will post flat growth for the full year
1Q09 sales fell 1.4% to 6,068 GWH due to 10% decline in industrial volume demand
However, 2Q09 profits will likely jump higher as the utility firm reflects the rate increase implemeneted last May
(From SB Equities Research)
Index Value: 8,848.15
Trade Time: July 20
Change: Up 104.21 (+1.19%)
Prev Close: 8,743.94
Open: 8,746.05
Day's Range: 8,745.90 - 8,854.80
The DJIA is at its highest level since January 7, 2009. Some analysts turn bullish on the 2nd half of the year due to earnings prospects and an expected recovery in emerging markets. Some have projected the S&P to be at the 1060-1100 levels by year-end (it is currently at around 950).
Deficit balloons to P30 bn in June; pushes YTD hole at P153 bn
The Philippine government announced a budget deficit of P30.2 bn in June 2009.
The deficit is a reversal from P769 mn surplus recorded in June last year.
Pump-priming efforts have widened the deficit YTD to P153.4 bn, compared to comparable figure of P18 bn in last year.
YTD deficit has remained below the government's P155.1 bn target for 1H09.
However, it already accounts for 61% of the full year target of P250 bn
While the Finance Secretary has pronounced a deficit to GDP ceiling of 3%, accelerated govt. spending could lead to surpassing targets
Higher deficit in the 2H09 is more likely given the election spending for next year.
Secretary Teves is expecting to plug the deficit by selling P40 bn worth of government assets this September.
These include selling stakes in energy firm PNOC-EC (P10 to P11 bn) and FTI property in Taguig (P10 to P11 bn)
(From SB Equites Research)
The local equites market opens higher because of the triple digit advance in WallStreet overnight. The Philippine Stock Exchange Index (PSEi) however; sheds most of its early gains and settles below the the 2600 level.
PSEi previous close - 2587.91 (July 20)
time----------change-----------PSEi
9:31---------up 10.05--------2597.96
9:32------------15.98--------2603.89
The immediate resistance at the 2600 level is tested.
9:36---------up 17.36
9:38------------18.54
9:42------------21.53--------2609.44 (Day's high)
9:48---------up 16.70
9:50------------14.97
9:55------------13.41
10:13-----------13.10
10:16-----------12.34--------2600.25
10:17-----------11.26--------2599.17
The PSEi goes below the 2600 level once again.
10:22--------up 10.92
10:25------------9.91
10:28------------8.53
10:29------------7.80
10:33------------7.51
10:35------------6.50
10:38------------2.87
10:40------------2.06
The market has completely reversed its direction.
10:43-------down 1.17
10:45------------3.27
10:49------------4.00
10:50------------4.74
10:54------------5.95
10:56------------7.06
10:58------------7.46--------2580.45 (Day's low)
11:06-------down 4.03
11:11------------1.32
11:15---------up 0.01
11:17------------1.35
The market goes in and out of positive territory.
11:19--------up 2.65
11:22-----------3.21
11:25-----------0.90
11:25-----down 0.24
11:28--------up 1.45
11:34-----------3.20
11:37-----down 0.22
11:39--------up 1.43
The market manages to hang on to slight gains until the end of the trading session.
11:41--------up 0.80
11:45-----------5.00
11:46-----------5.51
11:48-----------9.84
11:52----------10.98---------2598.89
11:57-----------5.11
11:59-----------9.05
12:01-----------5.60---------2593.51 (+0.22%)
Market Close.
Value turnover: PhP 3.688 bn
Cross transactions: PhP 1.139 bn
Advancers 58
Decliners 47
Unchanged 43
Sectoral Indices.
M-O +1.80%
Industrial +1.28%
Financial +0.27%
Holdings +0.23%
Property -0.27%
Services -0.62%
The Day's Top Gainers:
EURO: PhP 1.98; +32.00%
TOL: PhP 8.00; +14.29%
NI: PhP 8.90; +12.66%
The Day's Biggest Decliners:
PRIM: PhP 0.70; -17.65%
ATRK: PhP 2.40; -14.29%
MHC: PhP 0.32; -11.11%
At mid-day:
Asian equities markets were mostly higher.
The Philippine Peso was at PhP 48.080 vs US$ 1.00.
CLOSING PRICES OF SELECT STOCKS (as of July 21, 2009):
ABA: PhP 0.97
ALI: PhP 8.90
DGTL: PhP 1.32
EDC: PhP 4.15
EIBA: PHP 0.26
FLI: PhP 0.80
GEO: PhP 0.72
GOB: PhP 0.17
JOH: PhP 1.40
LOTO: PhP 10.25****
MEG: PhP 1.10
MPI: PhP 5.60
MUSX: PhP 0.115
PAX: PhP 2.55
PX: PhP 7.90
SPH: PhP 2.80
SUN: PhP 0.47
TA: PhP 0.99
UW: PhP 0.105
V: PhP 1.06
WEB: PhP 0.055
****Today is the ex-date of a PhP 0.25 cash dividend for LOTO.
CORPORATE NEWS:
SMC to acquire tollway project (Maintain BUY rating; TP of P72/ share)
San Miguel Corp. disclosed it is signing a deal that involves acquisition of significant stake in tollway project
The group reached a non-binding agreement to invest in Private Infrastructure Development Corp.
PIDC is a private consortium that will build the 88-kilometer Tarlac-Pangasinan-La Union tollway project.
Proposed investment deal still subject to government approval
COMMENT: SMC continues to push for steady revenue stream projects to ensure future earnings growth
SMC also in discussions with EXTELCOM owners, Roberto Ongpin and UK-based Ashmore Investment Management
The company confirmed due diligence negotiations with the telco firm that might come next to Liberty purchase.
SMC's major acquisition/ investments so far include: Petron, Meralco, and Liberty Telecom.
We maintain our rating for SMC: BUY with a TP of P72/ share.
Metro Pacific Investment Corp. sells shares for P2.565 and P3.50 per share
(MPI not rated)
Metro Pacific Inv. Corp. (MPI) it agreed to sell 791.1 million shares, equivalent to a 7.75% stake, to Singapore-based LAWL Pte Ltd.
Agreed price to sell to LAWL was for PHP2.03 billion ($42.3 million), or PHP2.565 a share.
COMMENT: Essentially, this agreement sends a negative signal that MPI shares are only worth P2.565 as the recent sale suggests a 53% discount to MPI's latest closing price of P5.50/ share.
On a bigger picture, MPI also disclosed that it issued 3.45 bn common sHares at P3.50 to the following:
Company ------------------# of MPIC ------Subscription ---------% of ---------Eco. ownership
---------------------------------shares------------price-----------Outstanding
Metro Pacific Holdings---- 2.707 bn------P9.477 bn -------14.51%------ 72.95% (dn frm 90%)
PLDT Ben Trust Fund ----742.5 mn ------P2.599 bn -------3.98% -------19.8%
------------------------Total 3.450 bn -------P12.076 bn
COMMENT: This is part of the proposed "relaunch of shares" by MPI thru a public offering or private placement within the next 48 months.
The agreement comes with a guarantee that MPI's price upon re-launch within 90 days will not be below the acqusition price of BTF and MPH
We note the 36% discount in price of MPI shares issued to MPH and BTF relative to current close of P5.50
The discounted value is well compensated for by MPI's acquisition of Meralco shares that comes with capital gains based on MER's closing value..
MPI will acquire 144.385 mn shares of Meralco at "only" P126/ share (a discount from the P180/ sh closing yesterday) from sellers: BTF/New Gallant Fund plus Crogan Limted
The price of P126 was based on 60-day VWAP of Meralco (not surprisingly one fluc away from recent MER low of P127 now acting as a support)
Taking into consideration the capital gain from the MER investment (+P7.07 bn) and the discount given for the new MPI shares (-P7.2 bn), we cite only a negligible difference of negative P171 mn in value deflating MPI (-P0.01/ share). This is based on respective closing prices prior to disclosure.
MERALCO borrowing P2.5 bn ($52 mn)
Meralco looking to borrow $52 mn in 3Q09
Proceeds will be used to refinance maturing debt in January
Option is to raise thu bond offer or thru bank loan
Second quarter sales indications may have declined qoq
However, officials still optimistic that volume sales will post flat growth for the full year
1Q09 sales fell 1.4% to 6,068 GWH due to 10% decline in industrial volume demand
However, 2Q09 profits will likely jump higher as the utility firm reflects the rate increase implemeneted last May
(From SB Equities Research)
Monday, July 20, 2009
The Philippine Stock Market - July 20, 2009
The local equities market resumed its trading operations after its suspension last Friday , and played catch up with its asian neighbors. The Philippine Stock Exchange Index (PSEi) is now testing the 2600 level.
PSEi previous close - 2553.96 (July 16)
time---------up----------PSEi
9:31-------8.58--------2562.54
9:32------27.52
9:33------32.94
9:34------35.53
9:35------39.79--------2593.75 (Day's high)
9:40------35.35
9:49------36.81
9:50------37.45
9:54------34.86
9:55------37.00--------2590.96
10:05-----31.48
10:08-----29.46
10:13-----28.57
10:16-----25.33
10:23-----29.58
10:29-----31.04
10:37-----25.71
10:41-----24.58
10:46-----27.12
10:50-----25.59
10:58-----28.92
11:03-----30.06
11:18-----26.29
11:25-----23.32--------2577.28
11:35-----26.96
11:43-----26.34
11:54-----29.02
11:59-----26.73
12:01-----33.95--------2587.91 (+1.33%)
Market Close.
Value turnover: PhP 3.541 bn
Cross transactions: PhP 1.291 bn
Block Sale: 69860 CHIB shs @ PhP 320 = PhP 22.355 mn
If the 2600 immediate resistance is breached, the next target is the 2626.21 (June 15, 2009 high) - 2627.48 (Sept 29, 2008 high) levels.
Advancers 78
Decliners 31
Unchanged 53
Sectoral Indices:
Property +2.73%
Industrial +1.88%
Holdings +1.71%
Financial +0.71%
Services +0.58%
M-O +0.07%
The Day's Top Gainers:
PHES: PhP 0.225; +50.00%
MB: PhP 0.52; +18.18%
RCI: PhP 2.00; +17.65%
JOH: PhP 1.40; +16.67%
The Day's Biggest Decliners:
WPI: PhP 0.29; -17.14%
SFI: PhP 0.18; -14.29%
EVER: PhP 0.09; -10.00%
LC: PhP 0.225; -6.25%
At mid-day:
Asian equities markets were higher.
The Philippine Peso was at phP 47.933 vs US$ 1.00.
CLOSING PRICES OF SELECT STOCKS (as of July 20, 2009):
ABA: PhP 0.97
ALI: PhP 9.00
DGTL: PhP 1.34
EDC: PhP 4.15
EIBA: PHP 0.26
FLI: PhP 0.80
GEO: PhP 0.67
GOB: PhP 0.17
JOH: PhP 1.40
LOTO: PhP 10.25
MEG: PhP 1.10
MPI: PhP 5.50
MUSX: PhP 0.115
PAX: PhP 2.50
PX: PhP 7.90
SPH: PhP 2.90
SUN: PhP 0.47
TA: PhP 0.98
UW: PhP 0.10
V: PhP 1.06
WEB: PhP 0.055
PSEi previous close - 2553.96 (July 16)
time---------up----------PSEi
9:31-------8.58--------2562.54
9:32------27.52
9:33------32.94
9:34------35.53
9:35------39.79--------2593.75 (Day's high)
9:40------35.35
9:49------36.81
9:50------37.45
9:54------34.86
9:55------37.00--------2590.96
10:05-----31.48
10:08-----29.46
10:13-----28.57
10:16-----25.33
10:23-----29.58
10:29-----31.04
10:37-----25.71
10:41-----24.58
10:46-----27.12
10:50-----25.59
10:58-----28.92
11:03-----30.06
11:18-----26.29
11:25-----23.32--------2577.28
11:35-----26.96
11:43-----26.34
11:54-----29.02
11:59-----26.73
12:01-----33.95--------2587.91 (+1.33%)
Market Close.
Value turnover: PhP 3.541 bn
Cross transactions: PhP 1.291 bn
Block Sale: 69860 CHIB shs @ PhP 320 = PhP 22.355 mn
If the 2600 immediate resistance is breached, the next target is the 2626.21 (June 15, 2009 high) - 2627.48 (Sept 29, 2008 high) levels.
Advancers 78
Decliners 31
Unchanged 53
Sectoral Indices:
Property +2.73%
Industrial +1.88%
Holdings +1.71%
Financial +0.71%
Services +0.58%
M-O +0.07%
The Day's Top Gainers:
PHES: PhP 0.225; +50.00%
MB: PhP 0.52; +18.18%
RCI: PhP 2.00; +17.65%
JOH: PhP 1.40; +16.67%
The Day's Biggest Decliners:
WPI: PhP 0.29; -17.14%
SFI: PhP 0.18; -14.29%
EVER: PhP 0.09; -10.00%
LC: PhP 0.225; -6.25%
At mid-day:
Asian equities markets were higher.
The Philippine Peso was at phP 47.933 vs US$ 1.00.
CLOSING PRICES OF SELECT STOCKS (as of July 20, 2009):
ABA: PhP 0.97
ALI: PhP 9.00
DGTL: PhP 1.34
EDC: PhP 4.15
EIBA: PHP 0.26
FLI: PhP 0.80
GEO: PhP 0.67
GOB: PhP 0.17
JOH: PhP 1.40
LOTO: PhP 10.25
MEG: PhP 1.10
MPI: PhP 5.50
MUSX: PhP 0.115
PAX: PhP 2.50
PX: PhP 7.90
SPH: PhP 2.90
SUN: PhP 0.47
TA: PhP 0.98
UW: PhP 0.10
V: PhP 1.06
WEB: PhP 0.055
Saturday, July 18, 2009
Trading in WallStreet - July 17, 2009
Dow Jones Industrial Average (DJIA) Summary
Index Value: 8,743.94
Trade Time: July 17
Change: Up 32.12 (+0.37%)
Prev Close: 8,711.82
Open: 8,711.89
Day's Range: 8,674.41 - 8,754.29
Index Value: 8,743.94
Trade Time: July 17
Change: Up 32.12 (+0.37%)
Prev Close: 8,711.82
Open: 8,711.89
Day's Range: 8,674.41 - 8,754.29
Friday, July 17, 2009
The Philippine Stock Market - July 17, 2009 (NO TRADING)
Dow Jones Industrial Average(DJIA) Summary
Index Value: 8,711.82
Trade Time: July 16
Change: Up 95.61 (+1.11%)
Prev Close: 8,616.21
Open: 8,612.66
Day's Range: 8,584.40 - 8,739.55
Trading in the Philippine Stock Exchange (PSE) was suspended today because clearing operations in Bangko Sentral ng Pilipinas (BSP) was closed due to strong rains. Operations in government offices have also been suspended.
Index Value: 8,711.82
Trade Time: July 16
Change: Up 95.61 (+1.11%)
Prev Close: 8,616.21
Open: 8,612.66
Day's Range: 8,584.40 - 8,739.55
Trading in the Philippine Stock Exchange (PSE) was suspended today because clearing operations in Bangko Sentral ng Pilipinas (BSP) was closed due to strong rains. Operations in government offices have also been suspended.
Thursday, July 16, 2009
The Philippine Stock Market - July 16, 2009
Dow Jones Industrial Average (DJIA) Summary
Index Value: 8,616.21
Trade Time: July 15
Change: Up 256.72 (+3.07%)
Prev Close: 8,359.49
Open: 8,363.95
Day's Range: 8,363.95 - 8,628.23
The DJIA had a strong rally and broke above the 8500 level convincingly.
The more than 3% advance in WallStreet had the local equities market immediately open higher. The Philippine Stock Exchange Index (PSEi) however, then just traded in a narrow range after the initial spurt.
PSEi previous close - 2515.95 (July 15)
time-----------up------------PSEi
9:31----------30.18--------2546.13
9:32----------33.93
9:33----------34.20
9:34----------39.87
9:37----------41.00
9:40----------41.62--------2557.57
9:49----------35.28
9:52----------33.21
9:56----------39.64
10:01---------42.87
10:05---------43.02
10:15---------44.15---------2560.10 (Day's high)
The market moves in a narrow range for the rest of the session.
10:23---------35.96
10:31---------39.37
10:42---------35.45
11:03---------39.04
11:06---------42.72
11:14---------35.36
11:35---------33.43
11:47---------39.42
11:49---------38.58
11:57---------43.57
12:01---------38.01---------2553.96 (+1.51%)
Market Close.
Value turnover: PhP 3.720 bn
Cross transactions: PhP 1.308 bn
Advancers 76
Decliners 25
Unchanged 65
Sectoral Indices.
Property +2.58%
Industrial +2.22%
Holdings +2.15%
Financial + 1.49%
M-O +0.62%
Services +0.06%
The Day's Top Gainers:
TOL: PhP 7.00; +34.62%
MHC: PhP 0.36; +16.13%
PO: PhP 3.60; +12.50%
The Day's Biggest Decliners:
FED: PhP 6.00; -33.33%
SUN: PhP 0.44; -8.33%
T: PhP 3.00; -6.25%
At mid-day:
Asian equities markets were higher.
The Philippine Peso was at PhP 47.991 vs US$ 1.00.
OFW remittances rose 3.7% in May (higher than the 2-3% expected rise) to reach a record PhP 1.48 bn.
CLOSING PRICES OF SELECT STOCKS (as of July 16, 2009):
ABA: PhP 0.96
ALI: PhP 8.70
DGTL: PhP 1.36
EDC: PhP 4.10
EIBA: PHP 0.26
FLI: PhP 0.79
GEO: PhP 0.65
GOB: PhP 0.17
JOH: PhP 1.20
LOTO: PhP 10.00
MEG: PhP 1.10
MPI: PhP 5.70
MUSX: PhP 0.11
PAX: PhP 2.50
PX: PhP 7.80
SPH: PhP 2.85
SUN: PhP 0.44
TA: PhP 0.98
UW: PhP 0.10
V: PhP 1.08
WEB: PhP 0.055
Index Value: 8,616.21
Trade Time: July 15
Change: Up 256.72 (+3.07%)
Prev Close: 8,359.49
Open: 8,363.95
Day's Range: 8,363.95 - 8,628.23
The DJIA had a strong rally and broke above the 8500 level convincingly.
The more than 3% advance in WallStreet had the local equities market immediately open higher. The Philippine Stock Exchange Index (PSEi) however, then just traded in a narrow range after the initial spurt.
PSEi previous close - 2515.95 (July 15)
time-----------up------------PSEi
9:31----------30.18--------2546.13
9:32----------33.93
9:33----------34.20
9:34----------39.87
9:37----------41.00
9:40----------41.62--------2557.57
9:49----------35.28
9:52----------33.21
9:56----------39.64
10:01---------42.87
10:05---------43.02
10:15---------44.15---------2560.10 (Day's high)
The market moves in a narrow range for the rest of the session.
10:23---------35.96
10:31---------39.37
10:42---------35.45
11:03---------39.04
11:06---------42.72
11:14---------35.36
11:35---------33.43
11:47---------39.42
11:49---------38.58
11:57---------43.57
12:01---------38.01---------2553.96 (+1.51%)
Market Close.
Value turnover: PhP 3.720 bn
Cross transactions: PhP 1.308 bn
Advancers 76
Decliners 25
Unchanged 65
Sectoral Indices.
Property +2.58%
Industrial +2.22%
Holdings +2.15%
Financial + 1.49%
M-O +0.62%
Services +0.06%
The Day's Top Gainers:
TOL: PhP 7.00; +34.62%
MHC: PhP 0.36; +16.13%
PO: PhP 3.60; +12.50%
The Day's Biggest Decliners:
FED: PhP 6.00; -33.33%
SUN: PhP 0.44; -8.33%
T: PhP 3.00; -6.25%
At mid-day:
Asian equities markets were higher.
The Philippine Peso was at PhP 47.991 vs US$ 1.00.
OFW remittances rose 3.7% in May (higher than the 2-3% expected rise) to reach a record PhP 1.48 bn.
CLOSING PRICES OF SELECT STOCKS (as of July 16, 2009):
ABA: PhP 0.96
ALI: PhP 8.70
DGTL: PhP 1.36
EDC: PhP 4.10
EIBA: PHP 0.26
FLI: PhP 0.79
GEO: PhP 0.65
GOB: PhP 0.17
JOH: PhP 1.20
LOTO: PhP 10.00
MEG: PhP 1.10
MPI: PhP 5.70
MUSX: PhP 0.11
PAX: PhP 2.50
PX: PhP 7.80
SPH: PhP 2.85
SUN: PhP 0.44
TA: PhP 0.98
UW: PhP 0.10
V: PhP 1.08
WEB: PhP 0.055
Wednesday, July 15, 2009
The Philippine Stock Market - July 15, 2009
Dow Jones Industrial Average (DJIA) Summary
Index Value: 8,359.49
Trade Time: July 14
Change: Up 27.81 (+0.33%)
Prev Close: 8,331.68
Open: 8,331.37
Day's Range: 8,285.20 - 8,361.23
The local equities market finally had enough momentum to break and close above the 2500 level. The Philippine Stock Exchange Index (PSEi) advanced higher by around 1%.
PSEi previous close - 2492.30 (July 14)
time-----------up-------------PSEi
9:32---------10.62----------2502.92
9:40---------13.50
10:20--------14.22
10:50--------17.84
10:58--------22.55
11:03--------26.07
11:06--------28.81---------2521.11
11:15--------25.64
11:24--------24.80
11:39--------22.69---------2514.99
11:43--------26.17
11:49--------28.01
11:57--------26.43
11:58--------29.60--------2521.90 (Day's high)
11:59--------26.01
12:01--------23.64--------2515.95 (+0.95%)
Market Close.
Value turnover: PhP 3.877 bn
Cross transactions: PhP 1.341 bn
Advancers 69
Decliners 20
Unchanged 61
Sectoral Indices.
M-O +1.56%
Property +1.56%
Financial +1.22%
Industrial +1.09%
Holdings +0.76%
Services +0.63%
The Day's Top Gainers:
POPI: PhP 0.35; +29.63%
RFM: PhP 0.40; +21.21%
SFI: PhP 0.20; +17.65%
The Day's Biggest Decliners:
TOL: PhP 5.20; -35.00%
OPM: PhP 0.012; -7.69%
MAB: PhP 0.017; -5.56%
CLOSING PRICES OF SELECT STOCKS (as of July 15, 2009):
ABA: PhP 0.98
ALI: PhP 8.50
DGTL: PhP 1.36
EDC: PhP 4.00
EIBA: PHP 0.26
FLI: PhP 0.77
GEO: PhP 0.66
GOB: PhP 0.17
JOH: PhP 1.20
LOTO: PhP 10.00
MEG: PhP 1.08
MPI: PhP 5.70
MUSX: PhP 0.11
PAX: PhP 2.46
PX: PhP 7.90
SPH: PhP 2.85
SUN: PhP 0.48
TA: PhP 0.97
UW: PhP 0.10
V: PhP 1.04
WEB: PhP 0.055
Index Value: 8,359.49
Trade Time: July 14
Change: Up 27.81 (+0.33%)
Prev Close: 8,331.68
Open: 8,331.37
Day's Range: 8,285.20 - 8,361.23
The local equities market finally had enough momentum to break and close above the 2500 level. The Philippine Stock Exchange Index (PSEi) advanced higher by around 1%.
PSEi previous close - 2492.30 (July 14)
time-----------up-------------PSEi
9:32---------10.62----------2502.92
9:40---------13.50
10:20--------14.22
10:50--------17.84
10:58--------22.55
11:03--------26.07
11:06--------28.81---------2521.11
11:15--------25.64
11:24--------24.80
11:39--------22.69---------2514.99
11:43--------26.17
11:49--------28.01
11:57--------26.43
11:58--------29.60--------2521.90 (Day's high)
11:59--------26.01
12:01--------23.64--------2515.95 (+0.95%)
Market Close.
Value turnover: PhP 3.877 bn
Cross transactions: PhP 1.341 bn
Advancers 69
Decliners 20
Unchanged 61
Sectoral Indices.
M-O +1.56%
Property +1.56%
Financial +1.22%
Industrial +1.09%
Holdings +0.76%
Services +0.63%
The Day's Top Gainers:
POPI: PhP 0.35; +29.63%
RFM: PhP 0.40; +21.21%
SFI: PhP 0.20; +17.65%
The Day's Biggest Decliners:
TOL: PhP 5.20; -35.00%
OPM: PhP 0.012; -7.69%
MAB: PhP 0.017; -5.56%
CLOSING PRICES OF SELECT STOCKS (as of July 15, 2009):
ABA: PhP 0.98
ALI: PhP 8.50
DGTL: PhP 1.36
EDC: PhP 4.00
EIBA: PHP 0.26
FLI: PhP 0.77
GEO: PhP 0.66
GOB: PhP 0.17
JOH: PhP 1.20
LOTO: PhP 10.00
MEG: PhP 1.08
MPI: PhP 5.70
MUSX: PhP 0.11
PAX: PhP 2.46
PX: PhP 7.90
SPH: PhP 2.85
SUN: PhP 0.48
TA: PhP 0.97
UW: PhP 0.10
V: PhP 1.04
WEB: PhP 0.055
Tuesday, July 14, 2009
The Philippine Stock Market - July 14, 2009
Dow Jones Industrial Average (DJIA) Summary
Index Value: 8,331.68
Trade Time: July 13
Change: Up 185.16 (+2.27%)
Prev Close: 8,146.52
Open: 8,146.82
Day's Range: 8,130.42 - 8,331.68
The local equities market opened higher because of the big rise overnight in WallStreet. It immediately tested the 2500 level. But the market continue its sideways drift and the Philippine Stock Exchange Index (PSEi) ended only with slight gains.
PSEi previous close - 2483.39 (July 13)
time---------up----------PSEi
9:31-------20.43-------2503.83
9:34-------22.41
9:36-------28.33
9:45-------30.40-------2513.79 (Day's high)
9:53-------24.73
9:56-------19.96
9:57-------18.07-------2501.46
9:58-------15.53-------2498.92
The PSEi goes back below the 2500 level and momentum has been stymied.
10:08------11.68
10:12-------8.80
10:14-------6.70
10:18-------5.43
10:25-------7.58
10:39-------4.47
10:40-------3.17
10:43-------1.58
10:44-------0.21------2483.60 (Day's low)
10:50-------4.78
10:55-------2.46
11:01-------5.59
11:02-------6.27
11:04-------9.38
The market moves in a narrow range in the final hour of trading.
11:05-----10.16
11:14-----10.30
11:28-----10.86
11:32-----11.73
11:54-----10.53
11:57------8.18
11:58-----11.52
11:59-----15.80
12:01------8.81--------2492.30 (+0.36%)
Market Close.
Value turnover: PhP 2.640 bn
Cross transactions: PhP 1.026 bn
Block Sales: 223,000,000 shs MER @ PhP 90 = PhP 20.07 bn
The MER Block Sales involved the shares acquired by PLTL from the Lopez Group.
The mining stocks brought some activity into the market today. Hopefully, this could spillover into the second-tier stocks.
Advancers 64
Decliners 35
Unchanged 52
Sectoral Indices.
M-O +6.62%
Holdings +1.13%
Property +0.60%
Financial +0.56%
Services +0.54%
Industrial -1.22%
The Day's Top Gainers:
MA: PhP 0.017; +30.77%
LC: PhP 0.225; +28.57%
MAB: PhP 0.018; +28.57%
LCB: PhP 0.225; +25.00%
DIZ: PhP 0.225; +20.00%
The Day's Biggest Decliners:
MII: PhP 1.30; -27.78%
VVT: PhP 4.10; -25.45%
ATNB: PhP 4.50; -6.25%
PRIM: PhP 0.76; -6.17%
SFI: PhP 0.17; -5.56%
At mid-day:
Asian equities markets were up.
The Philippine Peso was at PhP 48.313 vs US$ 1.00.
CLOSING PRICES OF SELECT STOCKS (as of July 14, 2009):
ABA: PhP 0.99
ALI: PhP 8.40
DGTL: PhP 1.36
EDC: PhP 3.80
EIBA: PHP 0.26
FLI: PhP 0.73
GEO: PhP 0.65
GOB: PhP 0.17
JOH: PhP 1.20
LOTO: PhP 10.00
MEG: PhP 1.02
MPI: PhP 5.70
MUSX: PhP 0.105
PAX: PhP 2.42
PX: PhP 7.70
SPH: PhP 2.75
SUN: PhP 0.48
TA: PhP 0.97
UW: PhP 0.0975
V: PhP 1.02
WEB: PhP 0.055
Index Value: 8,331.68
Trade Time: July 13
Change: Up 185.16 (+2.27%)
Prev Close: 8,146.52
Open: 8,146.82
Day's Range: 8,130.42 - 8,331.68
The local equities market opened higher because of the big rise overnight in WallStreet. It immediately tested the 2500 level. But the market continue its sideways drift and the Philippine Stock Exchange Index (PSEi) ended only with slight gains.
PSEi previous close - 2483.39 (July 13)
time---------up----------PSEi
9:31-------20.43-------2503.83
9:34-------22.41
9:36-------28.33
9:45-------30.40-------2513.79 (Day's high)
9:53-------24.73
9:56-------19.96
9:57-------18.07-------2501.46
9:58-------15.53-------2498.92
The PSEi goes back below the 2500 level and momentum has been stymied.
10:08------11.68
10:12-------8.80
10:14-------6.70
10:18-------5.43
10:25-------7.58
10:39-------4.47
10:40-------3.17
10:43-------1.58
10:44-------0.21------2483.60 (Day's low)
10:50-------4.78
10:55-------2.46
11:01-------5.59
11:02-------6.27
11:04-------9.38
The market moves in a narrow range in the final hour of trading.
11:05-----10.16
11:14-----10.30
11:28-----10.86
11:32-----11.73
11:54-----10.53
11:57------8.18
11:58-----11.52
11:59-----15.80
12:01------8.81--------2492.30 (+0.36%)
Market Close.
Value turnover: PhP 2.640 bn
Cross transactions: PhP 1.026 bn
Block Sales: 223,000,000 shs MER @ PhP 90 = PhP 20.07 bn
The MER Block Sales involved the shares acquired by PLTL from the Lopez Group.
The mining stocks brought some activity into the market today. Hopefully, this could spillover into the second-tier stocks.
Advancers 64
Decliners 35
Unchanged 52
Sectoral Indices.
M-O +6.62%
Holdings +1.13%
Property +0.60%
Financial +0.56%
Services +0.54%
Industrial -1.22%
The Day's Top Gainers:
MA: PhP 0.017; +30.77%
LC: PhP 0.225; +28.57%
MAB: PhP 0.018; +28.57%
LCB: PhP 0.225; +25.00%
DIZ: PhP 0.225; +20.00%
The Day's Biggest Decliners:
MII: PhP 1.30; -27.78%
VVT: PhP 4.10; -25.45%
ATNB: PhP 4.50; -6.25%
PRIM: PhP 0.76; -6.17%
SFI: PhP 0.17; -5.56%
At mid-day:
Asian equities markets were up.
The Philippine Peso was at PhP 48.313 vs US$ 1.00.
CLOSING PRICES OF SELECT STOCKS (as of July 14, 2009):
ABA: PhP 0.99
ALI: PhP 8.40
DGTL: PhP 1.36
EDC: PhP 3.80
EIBA: PHP 0.26
FLI: PhP 0.73
GEO: PhP 0.65
GOB: PhP 0.17
JOH: PhP 1.20
LOTO: PhP 10.00
MEG: PhP 1.02
MPI: PhP 5.70
MUSX: PhP 0.105
PAX: PhP 2.42
PX: PhP 7.70
SPH: PhP 2.75
SUN: PhP 0.48
TA: PhP 0.97
UW: PhP 0.0975
V: PhP 1.02
WEB: PhP 0.055
Monday, July 13, 2009
The Philippine Stock Market - July 13, 2009
The local equities market continues its lackluster sideways trading. The Philippine Stock Exchange Index (PSEi) tested the 2500 level.
PSEi previous close - 2487.22 (July 10)
time----------change----------PSEi
9:31---------up 3.88--------2491.10
9:37------------7.44
9:39------------8.57
9:46-----------12.65
9:48-----------13.14--------2500.36 (Day's high)
9:56------------7.70
9:57------------5.95
10:05-----------8.55
10:19-----------7.18
10:22-----------1.85
10:33-----------1.02
10:38-----------0.72
10:40----down 0.22
10:44-----------2.31
11:02-----------3.25
11:06-----------3.44
11:17-----------3.37
11:32-----------1.91
11:42-----------0.94
11:43-------up 0.12
11:45-----------0.90
11:51----down 2.61
11:53-----------3.70
11:56-----------5.91
11:57-----------6.33--------2480.89 (Day's low)
11:59-----------4.70
12:01-----------3.83--------2483.39 (-0.15%)
Market Close.
Value turnover: PhP 2.001 bn
Cross transactions: PhP 883 mn
Advancers 42
Decliners 44
Unchanged 57
Sectoral Indices.
Industrial -0.90%
Property -0.71%
Financial +0.03%
Holdings +0.19%
Services +0.37%
M-O +0.49%
The Day's Top Gainers:
CDC: PhP 1.60; +42.86%
ELI: PhP 0.41; +7.89%
MAB: PhP 0.014; +7.69%
The Day's Biggest Decliners:
PHES: PhP 0.15; -34.78%
MII: PhP 1.80; -14.29%
ORE: PhP 0.71; -11.25%
At mid-day:
Asian equities markets were down.
The Philippine Peso was at PhP 48.293 vs US$ 1.00.
CLOSING PRICES OF SELECT STOCKS (as of July 13, 2009):
ABA: PhP 0.99
ALI: PhP 8.30
DGTL: PhP 1.30
EDC: PhP 3.90
EIBA: PHP 0.26
FLI: PhP 0.71
GEO: PhP 0.62
GOB: PhP 0.17
JOH: PhP 1.20
LOTO: PhP 10.00
MEG: PhP 1.00
MPI: PhP 5.60
MUSX: PhP 0.105
PAX: PhP 2.44
PX: PhP 7.60
SPH: PhP 2.80
SUN: PhP 0.46
TA: PhP 0.95
UW: PhP 0.0975
V: PhP 1.02
WEB: PhP 0.055
PSEi previous close - 2487.22 (July 10)
time----------change----------PSEi
9:31---------up 3.88--------2491.10
9:37------------7.44
9:39------------8.57
9:46-----------12.65
9:48-----------13.14--------2500.36 (Day's high)
9:56------------7.70
9:57------------5.95
10:05-----------8.55
10:19-----------7.18
10:22-----------1.85
10:33-----------1.02
10:38-----------0.72
10:40----down 0.22
10:44-----------2.31
11:02-----------3.25
11:06-----------3.44
11:17-----------3.37
11:32-----------1.91
11:42-----------0.94
11:43-------up 0.12
11:45-----------0.90
11:51----down 2.61
11:53-----------3.70
11:56-----------5.91
11:57-----------6.33--------2480.89 (Day's low)
11:59-----------4.70
12:01-----------3.83--------2483.39 (-0.15%)
Market Close.
Value turnover: PhP 2.001 bn
Cross transactions: PhP 883 mn
Advancers 42
Decliners 44
Unchanged 57
Sectoral Indices.
Industrial -0.90%
Property -0.71%
Financial +0.03%
Holdings +0.19%
Services +0.37%
M-O +0.49%
The Day's Top Gainers:
CDC: PhP 1.60; +42.86%
ELI: PhP 0.41; +7.89%
MAB: PhP 0.014; +7.69%
The Day's Biggest Decliners:
PHES: PhP 0.15; -34.78%
MII: PhP 1.80; -14.29%
ORE: PhP 0.71; -11.25%
At mid-day:
Asian equities markets were down.
The Philippine Peso was at PhP 48.293 vs US$ 1.00.
CLOSING PRICES OF SELECT STOCKS (as of July 13, 2009):
ABA: PhP 0.99
ALI: PhP 8.30
DGTL: PhP 1.30
EDC: PhP 3.90
EIBA: PHP 0.26
FLI: PhP 0.71
GEO: PhP 0.62
GOB: PhP 0.17
JOH: PhP 1.20
LOTO: PhP 10.00
MEG: PhP 1.00
MPI: PhP 5.60
MUSX: PhP 0.105
PAX: PhP 2.44
PX: PhP 7.60
SPH: PhP 2.80
SUN: PhP 0.46
TA: PhP 0.95
UW: PhP 0.0975
V: PhP 1.02
WEB: PhP 0.055
Saturday, July 11, 2009
Trading in WallStreet - July 10, 2009
Dow Jones Industrial Average (DJIA) Summary
Index Value: 8,146.52
Trade Time: July 10
Change: Down 36.65 (-0.45%)
Prev Close: 8,183.17
Open: 8,182.49
Day's Range: 8,093.31 - 8,183.85
Index Value: 8,146.52
Trade Time: July 10
Change: Down 36.65 (-0.45%)
Prev Close: 8,183.17
Open: 8,182.49
Day's Range: 8,093.31 - 8,183.85
Friday, July 10, 2009
The Philippine Stock Market - July 10, 2009
Dow Jones Industrial Average (DJIA) Summary
Index Value: 8,183.17
Trade Time: July 9
Change: Up 4.76 (+0.06%)
Prev Close: 8,178.41
Open: 8,179.01
Day's Range: 8,145.31 - 8,228.67
The local equities market closes the week much like the previous days; as it moves in a narrow range with light to moderate value turnover. The Philippine Stock Exchange Index (PSEi) traded slightly higher today and is now just below the 2500 level.
RP May 09 Exports down 27% year-on-year but up 10% month-on-month.
The Bangko Sentral ng Pilipinas (BSP) lowers interest rates to a record low 4.00%. It is the 6th policy rate cut (for a total of 200 basis points) since December 2008.
PSEi previous close - 2473.85 (July 9)
open - 2479.78 (+5.93)
low - 2478.38 (+4.53)
high - 2489.32 (+15.47)
close - 2487.22 (+ 13.37 or +0.54%)
Value turnover: PhP 2.232 bn
Cross transactions: PhP 1.132 bn
Advancers 51
Decliners 45
Unchanged 56
Sectoral Indices.
Industrial +1.04%
Services +0.77%$
M-O +0.65%
Property +0.44%
Holdings +0.25%
Financial -0.44%
The Day's Top Gainers:
WPI: PhP 0.35; +34.62%
ORE: PhP 0.80; +25.00%
SLI: PhP 0.80; +23.08%
The Day's Biggest Decliners:
LIB: PhP 2.70; -11.48%
I: PhP 3.85; -9.41%
CA: PhP 50.00; -9.09%
At mid-day:
Asian equities markets were mixed.
The Philippine Peso was at PhP 48.146 vs US$ 1.00.
CLOSING PRICES OF SELECT STOCKS (as of July 10, 2009):
ABA: PhP 1.00
ALI: PhP 8.40
DGTL: PhP 1.30
EDC: PhP 3.90
EIBA: PHP 0.26
FLI: PhP 0.72
GEO: PhP 0.62
GOB: PhP 0.17
JOH: PhP 1.20
LOTO: PhP 10.25
MEG: PhP 1.00
MPI: PhP 5.70
MUSX: PhP 0.105
PAX: PhP 2.44
PX: PhP 7.50
SPH: PhP 2.44
SUN: PhP 0.46
TA: PhP 0.96
UW: PhP 0.0975
V: PhP 1.02
WEB: PhP 0.0525
Index Value: 8,183.17
Trade Time: July 9
Change: Up 4.76 (+0.06%)
Prev Close: 8,178.41
Open: 8,179.01
Day's Range: 8,145.31 - 8,228.67
The local equities market closes the week much like the previous days; as it moves in a narrow range with light to moderate value turnover. The Philippine Stock Exchange Index (PSEi) traded slightly higher today and is now just below the 2500 level.
RP May 09 Exports down 27% year-on-year but up 10% month-on-month.
The Bangko Sentral ng Pilipinas (BSP) lowers interest rates to a record low 4.00%. It is the 6th policy rate cut (for a total of 200 basis points) since December 2008.
PSEi previous close - 2473.85 (July 9)
open - 2479.78 (+5.93)
low - 2478.38 (+4.53)
high - 2489.32 (+15.47)
close - 2487.22 (+ 13.37 or +0.54%)
Value turnover: PhP 2.232 bn
Cross transactions: PhP 1.132 bn
Advancers 51
Decliners 45
Unchanged 56
Sectoral Indices.
Industrial +1.04%
Services +0.77%$
M-O +0.65%
Property +0.44%
Holdings +0.25%
Financial -0.44%
The Day's Top Gainers:
WPI: PhP 0.35; +34.62%
ORE: PhP 0.80; +25.00%
SLI: PhP 0.80; +23.08%
The Day's Biggest Decliners:
LIB: PhP 2.70; -11.48%
I: PhP 3.85; -9.41%
CA: PhP 50.00; -9.09%
At mid-day:
Asian equities markets were mixed.
The Philippine Peso was at PhP 48.146 vs US$ 1.00.
CLOSING PRICES OF SELECT STOCKS (as of July 10, 2009):
ABA: PhP 1.00
ALI: PhP 8.40
DGTL: PhP 1.30
EDC: PhP 3.90
EIBA: PHP 0.26
FLI: PhP 0.72
GEO: PhP 0.62
GOB: PhP 0.17
JOH: PhP 1.20
LOTO: PhP 10.25
MEG: PhP 1.00
MPI: PhP 5.70
MUSX: PhP 0.105
PAX: PhP 2.44
PX: PhP 7.50
SPH: PhP 2.44
SUN: PhP 0.46
TA: PhP 0.96
UW: PhP 0.0975
V: PhP 1.02
WEB: PhP 0.0525
Thursday, July 9, 2009
The Philippine Stock Market - July 9, 2009
Dow Jones Industrial Average (DJIA) Summary
Index Value: 8,178.41
Trade Time: July 8
Change: Up 14.81 (+0.18%)
Prev Close: 8,163.60
Open: 8,157.02
Day's Range: 8,087.19 - 8,219.52
The DJIA moved within a 130-point range and closed little changed.
With no leads to follow once again; the local equities market traded in a very narrow range but with a positive bias. It continues its drifting movement from the past week. The Philippine Stock Exchange Index (PSEi) just regained yesterday's losses.
PSEi previous close - 2461.99 (July 8)
open / low - 2463.42 (+1.43)
high - 2474.95 (+12.96)
close - 2473.85 (+11.86 or +0.48%)
Value turnover: PhP 2.201 bn
Cross transactions: PhP 659 mn
Advancers 60
Decliners 34
Unchanged 55
Sectoral Indices.
Industrial +1.63%
Property +1.59%
Financial +0.58%
Holdings +0.41%
Services -0.42%
M-O -0.82%
The Day's Top Gainers:
PRIM: PhP 0.81; +50.00%
ORE: PhP 0.64; +48.84%
FJP: PhP 1.48; +48.00%
The Day's Biggest Decliners:
FED: PhP 9.00; -14.29%
KPM: PhP 2.02; -13.68%
ALCO: PhP 0.125; -10.71%
Index Movers:
MER - PhP 176.00 (+4.14%)
MER accounted for a gain of 6.60 pts in the PSEi.
ALI - PhP 8.40 (+2.44%)
ALI accounted for a gain of 3.48 pts in the PSEi.
From SB Equities Research:
MER income seen reaching P13 to P15 bn per annum
(Maintain SELL rating)
A Meralco director indicated that Meralco's net income will improve sharply in 2009
According to the official, MER is poised to earn P13 to P15 bn this year
This is a gargantuan increase from only P3.1 bn last year although core income was estimated at P5 bn per annum
Source of the increase will come from the significant jump in MER revenues due to the performance-based regulation (PBR) implementation effective this May
Earlier this year, Meralco treasurer Rafael Andrada projected that the PBR implemented increases revenues by P6 bn p.a.
This is based on a P0.25/ kwh rate hike on 2 bn kwh sales of power annually
COMMENT: Going back to our statement last June 15 we said: "We believe current price of P145/ share can be justified fundamentally only if annual income can be brought up to P11 to P12 bn per annum (this translated to an estimated PER then of 13x"
Based on current market capitalization of P188 bn, a net income of P15 bn based on the statement would translate to the fair PER we have noted of close to 13x for MER.
Maintain fundamental SELL for MER. Price run up continues to be attributed to the race towards taking control by acquiring as much ownership in the coveted power distributor.
A hefty dividend payout based on this new income level could be the catalyst to justify current levels
At mid-day:
Asian equities markets were mostly higher.
The Philippine Peso was at PhP 48.251 vs US $1.00.
CLOSING PRICES OF SELECT STOCKS (as of July 09, 2009):
ABA: PhP 0.99
ALI: PhP 8.40
DGTL: PhP 1.30
EDC: PhP 3.90
EIBA: PHP 0.26
FLI: PhP 0.72
GEO: PhP 0.62
GOB: PhP 0.17
JOH: PhP 1.20
LOTO: PhP 10.00
MEG: PhP 0.98
MPI: PhP 5.70
MUSX: PhP 0.105
PAX: PhP 2.48
PX: PhP 7.50
SPH: PhP 2.75
SUN: PhP 0.46
TA: PhP 0.96
UW: PhP 0.0975
V: PhP 1.04
WEB: PhP 0.0525
Index Value: 8,178.41
Trade Time: July 8
Change: Up 14.81 (+0.18%)
Prev Close: 8,163.60
Open: 8,157.02
Day's Range: 8,087.19 - 8,219.52
The DJIA moved within a 130-point range and closed little changed.
With no leads to follow once again; the local equities market traded in a very narrow range but with a positive bias. It continues its drifting movement from the past week. The Philippine Stock Exchange Index (PSEi) just regained yesterday's losses.
PSEi previous close - 2461.99 (July 8)
open / low - 2463.42 (+1.43)
high - 2474.95 (+12.96)
close - 2473.85 (+11.86 or +0.48%)
Value turnover: PhP 2.201 bn
Cross transactions: PhP 659 mn
Advancers 60
Decliners 34
Unchanged 55
Sectoral Indices.
Industrial +1.63%
Property +1.59%
Financial +0.58%
Holdings +0.41%
Services -0.42%
M-O -0.82%
The Day's Top Gainers:
PRIM: PhP 0.81; +50.00%
ORE: PhP 0.64; +48.84%
FJP: PhP 1.48; +48.00%
The Day's Biggest Decliners:
FED: PhP 9.00; -14.29%
KPM: PhP 2.02; -13.68%
ALCO: PhP 0.125; -10.71%
Index Movers:
MER - PhP 176.00 (+4.14%)
MER accounted for a gain of 6.60 pts in the PSEi.
ALI - PhP 8.40 (+2.44%)
ALI accounted for a gain of 3.48 pts in the PSEi.
From SB Equities Research:
MER income seen reaching P13 to P15 bn per annum
(Maintain SELL rating)
A Meralco director indicated that Meralco's net income will improve sharply in 2009
According to the official, MER is poised to earn P13 to P15 bn this year
This is a gargantuan increase from only P3.1 bn last year although core income was estimated at P5 bn per annum
Source of the increase will come from the significant jump in MER revenues due to the performance-based regulation (PBR) implementation effective this May
Earlier this year, Meralco treasurer Rafael Andrada projected that the PBR implemented increases revenues by P6 bn p.a.
This is based on a P0.25/ kwh rate hike on 2 bn kwh sales of power annually
COMMENT: Going back to our statement last June 15 we said: "We believe current price of P145/ share can be justified fundamentally only if annual income can be brought up to P11 to P12 bn per annum (this translated to an estimated PER then of 13x"
Based on current market capitalization of P188 bn, a net income of P15 bn based on the statement would translate to the fair PER we have noted of close to 13x for MER.
Maintain fundamental SELL for MER. Price run up continues to be attributed to the race towards taking control by acquiring as much ownership in the coveted power distributor.
A hefty dividend payout based on this new income level could be the catalyst to justify current levels
At mid-day:
Asian equities markets were mostly higher.
The Philippine Peso was at PhP 48.251 vs US $1.00.
CLOSING PRICES OF SELECT STOCKS (as of July 09, 2009):
ABA: PhP 0.99
ALI: PhP 8.40
DGTL: PhP 1.30
EDC: PhP 3.90
EIBA: PHP 0.26
FLI: PhP 0.72
GEO: PhP 0.62
GOB: PhP 0.17
JOH: PhP 1.20
LOTO: PhP 10.00
MEG: PhP 0.98
MPI: PhP 5.70
MUSX: PhP 0.105
PAX: PhP 2.48
PX: PhP 7.50
SPH: PhP 2.75
SUN: PhP 0.46
TA: PhP 0.96
UW: PhP 0.0975
V: PhP 1.04
WEB: PhP 0.0525
Wednesday, July 8, 2009
The Philippine Stock Market - July 8, 2009
Dow Jones Industrial Average (DJIA) Summary
Index Value: 8,163.60
Trade Time: July 7
Change: Down 161.27 (-1.94%)
Prev Close: 8,324.87
Open: 8,324.95
Day's Range: 8,154.38 - 8,326.31
The DJIA fell by around 2.0% and closed near its low.
The local equities market traded with a downward bias because of the big decline in WallStreet. The Philippine Stock Exchange Index (PSEi) continue to remain resilient and limits its losses once again.
**Philippine inflation within BSP forecast; better than market expectations
Local inflation eased to its slowest pace in 22 years
COMMENT: CPI for June 2009 registered at 1.5%; just within BSP's forecast 1.1% to 2.1% range
This compares to 3.3% in May and is lower than market expectations of 1.75%
Comparable to April 1987 which saw a rise of +1.0%
Attributed to fall in oil and commodity prices from last year.
However, we underestimated the rise in Services which accounts for 16% of CPI computation This resulted in higher than projected CPI rise for the month
Essentially, gives the BSP headroom to cut rates further (likely 25bps) this Thursday
Inflation averaged 5% in the first half, still well within BSP target full year
The BSP is targeting inflation of 2.5-4.5 percent in 2009
Low rates continues to keep investors in the market
Index Value: 8,163.60
Trade Time: July 7
Change: Down 161.27 (-1.94%)
Prev Close: 8,324.87
Open: 8,324.95
Day's Range: 8,154.38 - 8,326.31
The DJIA fell by around 2.0% and closed near its low.
The local equities market traded with a downward bias because of the big decline in WallStreet. The Philippine Stock Exchange Index (PSEi) continue to remain resilient and limits its losses once again.
**Philippine inflation within BSP forecast; better than market expectations
Local inflation eased to its slowest pace in 22 years
COMMENT: CPI for June 2009 registered at 1.5%; just within BSP's forecast 1.1% to 2.1% range
This compares to 3.3% in May and is lower than market expectations of 1.75%
Comparable to April 1987 which saw a rise of +1.0%
Attributed to fall in oil and commodity prices from last year.
However, we underestimated the rise in Services which accounts for 16% of CPI computation This resulted in higher than projected CPI rise for the month
Essentially, gives the BSP headroom to cut rates further (likely 25bps) this Thursday
Inflation averaged 5% in the first half, still well within BSP target full year
The BSP is targeting inflation of 2.5-4.5 percent in 2009
Low rates continues to keep investors in the market
** From SB Equities Research
PSEi previous close - 2471.76 (July 7)
time-----------down-----------PSEi
9:31-----------8.98----------2462.78
9:32----------10.40
9:36----------15.58
9:38----------19.37
9:42----------21.10
9:46----------24.08----------2447.68 (day's low)
9:50----------21.55
9:59----------18.48
10:05---------14.30
10:13---------15.24
10:17---------10.51----------2461.25
10:23---------12.05
10:27---------12.38
10:32---------13.32
10:37---------14.89
10:42---------16.64
10:46---------18.69---------2453.07
10:53---------17.90
11:03---------15.11
11:05---------13.53
11:08---------10.96
11:14---------10.67
11:15----------8.59---------2463.17
The market moves in a narrow range for the rest of the trading session.
11:21---------9.48
11:26---------8.10
11:29--------10.89
11:36---------9.75
11:40--------11.86
11:44--------10.00
11:50--------13.17
11:55---------8.62
11:59---------5.37
12:01---------9.77---------2461.99 (-0.40%)
Market Close.
Value turnover: PhP 3.412 bn
Cross transactions: PhP 623 mn
Block Sale: 4,601,676 shs ALI @ PgP 8.25 = PhP 37.966 mn
---------------579,090,000 shs @ PhP 3.25 = PhP 1.882 bn
Advancers 42
Decliners 44
Unchanged 54
Sectoral Indices.
Holdings -1.07%
Services -1.03%
Property -0.88%
Financial -0.03%
M-O +0.34%
Industrial +0.89%
The Day's Top Gainers:
LIB: PhP 2.95; +1375.00%***
PRIM: PhP 0.54; +50.00%
APM: PhP 0.0085; +21.43%
***The trading band limits for LIB was lifted because it just resumed trading today. It last traded on August 16, 2005 when it closed at PhP 0.20.
The Day's Biggest Decliners:
PHES: PhP 0.21; -12.50%
CEU: PhP 6.10; -7.58%
MAB: PhP 0.013; -7.14%
At mid-day:
Asian equities markets were down.
The Philippine peso was at PhP 48.384 vs US$ 1.00.
CLOSING PRICES OF SELECT STOCKS (as of July 08, 2009):
ABA: PhP 1.00
ALI: PhP 8.20
DGTL: PhP 1.32
EDC: PhP 3.85
EIBA: PHP 0.26
FLI: PhP 0.71
GEO: PhP 0.61
GOB: PhP 0.17
JOH: PhP 1.20
LOTO: PhP 10.00
MEG: PhP 0.97
MPI: PhP 5.70
MUSX: PhP 0.105
PAX: PhP 2.44
PX: PhP 7.60
SPH: PhP 2.80
SUN: PhP 0.42
TA: PhP 0.94
UW: PhP 0.095
V: PhP 1.04
WEB: PhP 0.0525
Tuesday, July 7, 2009
The Philippine Stock Market - July 7, 2009
Dow Jones Industrial Average (DJIA) Summary
Index Value: 8,324.87
Trade Time: July 6
Change: Up 44.13 (+0.53%)
Prev Close: 8,280.74
Open: 8,279.30
Day's Range: 8,205.99 - 8,327.97
It was another uneventful day in the local equities market. The Philippine Stock Exchange Index (PSEi) moved with a positive bias together with the other asian stock markets; and ended with gains of a little less than 1.0%
PSEi previous close - 2449.10 (July 6)
9:31-----------up----------PSEi
9:31---------2.98--------2452.02
9:32---------4.98
9:37---------5.54
9:42---------2.87
9:44---------1.93
9:52---------1.29
9:53---------0.39--------2452.41
9:57---------3.69
9:58---------4.52
After moving in a narrow range for the first half-hour of trade, the market advances to a higher level.
10:06--------5.09
10:09--------7.17
10:13--------9.86--------2458.96
10:20--------6.34
10:30-------11.67
10:33-------14.91
10:39-------15.00
10:42-------17.23
10:48-------19.31--------2468.41
10:54-------17.97
11:01-------21.45
11:03-------23.82
11:04-------25.03
11:08-------27.36
11:12-------29.38--------2478.48 (day's high)
At this point MER accounted for 10.36 points of the advance in the PSEi.
MER was at PhP 164.00 up 7.19% from PhP 155.00 yesterday.
11:21-------26.22
11:25-------28.12
11:32-------26.65
11:38-------27.63
11:41-------25.82
11:43-------22.71
11:46-------20.88
11:50-------23.80
11:52-------24.97
11:54-------25.03
11:55-------25.91
11:59-------26.84
12:01-------22.66--------2471.76 (+0.93%)
Market Close.
Value turnover: PhP 1.634 bn
Cross transactions: PhP 505 mn
Advancers 60
Decliners 34
Unchanged 52
Holdings +2.15%
Industrial +1.97%
Financial +0.86%
M-O +0.82%
Property +0.58%
Services -0.06%
The Day's Top Gainers:
CAT: PhP 4.30; +45.76%
PRMX: PhP 5.50; +7.84%
FDC: PhP 1.86; +6.90%
The Day's Biggest Decliners:
MFC: PhP 700.00; -7.89%
UW: PhP 0.09; -7.69%
MIC: PhP 2.60; -7.14%
At mid-day:
Asian equities markets were up.
The Philippine Peso was at PhP 48.221 vs US$ 1.00.
CLOSING PRICES OF SELECT STOCKS (as of July 07, 2009):
ABA: PhP 1.00
ALI: PhP 8.20
DGTL: PhP 1.32
EDC: PhP 3.95
EIBA: PHP 0.26
FLI: PhP 0.72
GEO: PhP 0.63
GOB: PhP 0.17
JOH: PhP 1.20
LOTO: PhP 10.00
MEG: PhP 0.98
MPI: PhP 5.80
MUSX: PhP 0.10
PAX: PhP 2.44
PX: PhP 7.50
SPH: PhP 2.80
SUN: PhP 0.42
TA: PhP 0.94
UW: PhP 0.090
V: PhP 1.02
WEB: PhP 0.0525
Index Value: 8,324.87
Trade Time: July 6
Change: Up 44.13 (+0.53%)
Prev Close: 8,280.74
Open: 8,279.30
Day's Range: 8,205.99 - 8,327.97
It was another uneventful day in the local equities market. The Philippine Stock Exchange Index (PSEi) moved with a positive bias together with the other asian stock markets; and ended with gains of a little less than 1.0%
PSEi previous close - 2449.10 (July 6)
9:31-----------up----------PSEi
9:31---------2.98--------2452.02
9:32---------4.98
9:37---------5.54
9:42---------2.87
9:44---------1.93
9:52---------1.29
9:53---------0.39--------2452.41
9:57---------3.69
9:58---------4.52
After moving in a narrow range for the first half-hour of trade, the market advances to a higher level.
10:06--------5.09
10:09--------7.17
10:13--------9.86--------2458.96
10:20--------6.34
10:30-------11.67
10:33-------14.91
10:39-------15.00
10:42-------17.23
10:48-------19.31--------2468.41
10:54-------17.97
11:01-------21.45
11:03-------23.82
11:04-------25.03
11:08-------27.36
11:12-------29.38--------2478.48 (day's high)
At this point MER accounted for 10.36 points of the advance in the PSEi.
MER was at PhP 164.00 up 7.19% from PhP 155.00 yesterday.
11:21-------26.22
11:25-------28.12
11:32-------26.65
11:38-------27.63
11:41-------25.82
11:43-------22.71
11:46-------20.88
11:50-------23.80
11:52-------24.97
11:54-------25.03
11:55-------25.91
11:59-------26.84
12:01-------22.66--------2471.76 (+0.93%)
Market Close.
Value turnover: PhP 1.634 bn
Cross transactions: PhP 505 mn
Advancers 60
Decliners 34
Unchanged 52
Holdings +2.15%
Industrial +1.97%
Financial +0.86%
M-O +0.82%
Property +0.58%
Services -0.06%
The Day's Top Gainers:
CAT: PhP 4.30; +45.76%
PRMX: PhP 5.50; +7.84%
FDC: PhP 1.86; +6.90%
The Day's Biggest Decliners:
MFC: PhP 700.00; -7.89%
UW: PhP 0.09; -7.69%
MIC: PhP 2.60; -7.14%
At mid-day:
Asian equities markets were up.
The Philippine Peso was at PhP 48.221 vs US$ 1.00.
CLOSING PRICES OF SELECT STOCKS (as of July 07, 2009):
ABA: PhP 1.00
ALI: PhP 8.20
DGTL: PhP 1.32
EDC: PhP 3.95
EIBA: PHP 0.26
FLI: PhP 0.72
GEO: PhP 0.63
GOB: PhP 0.17
JOH: PhP 1.20
LOTO: PhP 10.00
MEG: PhP 0.98
MPI: PhP 5.80
MUSX: PhP 0.10
PAX: PhP 2.44
PX: PhP 7.50
SPH: PhP 2.80
SUN: PhP 0.42
TA: PhP 0.94
UW: PhP 0.090
V: PhP 1.02
WEB: PhP 0.0525
Monday, July 6, 2009
The Philippine Stock Market - July 6, 2009
WallStreet was closed on Friday (July 3) for the extended US Independence Day Weekend Celebrations.
The local equites market opened directionless and moved in a very narrow range for the early part of trading. It had a short spurt going into the last hour of the session and the Philippine Stock Exchange Index (PSEi) ended with moderate gains. The market has been moving within the 2400-2500 level the past days with low value turnover.
PSEi previous close - 2431.34 (July 3)
time----------change----------PSEi
9:31---------up 3.70--------2435.04
9:32------------2.08
9:34------------1.64
9:37------------0.87
9:43----down 0.24
9:44------------0.67
9:46---------up 0.35
9:48----down 0.11
9:50---------up 0.83
9:51------------2.05
9:53------------1.41
9:55------------0.10
9:58------------2.00
10:02-----------1.77
10:06---down 1.75
10:08-----------0.34
10:12-----------0.42
10:27-------up 0.76
10:28---down 3.00-------2428.34 (day's low)
10:32----------0.32
10:39-------up 0.62
10:44----------1.56
10:52----------1.25
10:57----------2.57
After moving in sideways since the opening bell, the market advances in the next hour.
11:08------up 3.21
11:09---------3.78
11:10---------5.85
11:13---------6.87
11:15---------8.28
11:18--------10.58
11:20--------11.89
11:24--------12.02
11:26--------13.43
11:28--------14.36
11:32-----up 13.05
11:35--------15.01
11:38--------15.26
11:40--------17.78
11:42--------18.50
11:45-----up 17.85
11:48--------20.17
11:49--------20.66------2452.00 (day's high)
11:51-----up 18.89
11:56--------18.76
11:58--------16.99
12:01--------17.76------2449.10 (+0.73%)
Market Close.
Value turnover: PhP 2.512 bn
Cross transactions: PhP 1.549 bn
Advancers 60
Decliners 25
Unchanged 53
Sectoral Indices.
M-O +2.99%
Holdings +2.11%
Industrial +1.92%
Financial +1.26%
Property +0.45%
Services -1.04%
The Day's Top Gainers:
WIN: PhP 0.13; +13.04%
PSE: PhP 292.50; +8.33%
OV: PhP 0.013; +8.33%
The Day's Biggest Decliners:
CDC: PhP 1.12; -33.33%
PRIM: PhP 0.36; -25.00%
SPC: PhP 2.50; -15.25%
At mid-day:
Asian equities markets were mostly down.
The Philippine Peso was at PhP 48.133 vs US$ 1.00
CLOSING PRICES OF SELECT STOCKS (as of July 06, 2009):
ABA: PhP 1.00
ALI: PhP 8.20
DGTL: PhP 1.30
EDC: PhP 3.90
EIBA: PHP 0.26
FLI: PhP 0.72
GEO: PhP 0.63
GOB: PhP 0.17
JOH: PhP 1.20
LOTO: PhP 10.00
MEG: PhP 0.96
MPI: PhP 5.90
MUSX: PhP 0.10
PAX: PhP 2.46
PX: PhP 7.40
SPH: PhP 2.80
SUN: PhP 0.41
TA: PhP 0.93
UW: PhP 0.0975
V: PhP 1.02
WEB: PhP 0.0525
The local equites market opened directionless and moved in a very narrow range for the early part of trading. It had a short spurt going into the last hour of the session and the Philippine Stock Exchange Index (PSEi) ended with moderate gains. The market has been moving within the 2400-2500 level the past days with low value turnover.
PSEi previous close - 2431.34 (July 3)
time----------change----------PSEi
9:31---------up 3.70--------2435.04
9:32------------2.08
9:34------------1.64
9:37------------0.87
9:43----down 0.24
9:44------------0.67
9:46---------up 0.35
9:48----down 0.11
9:50---------up 0.83
9:51------------2.05
9:53------------1.41
9:55------------0.10
9:58------------2.00
10:02-----------1.77
10:06---down 1.75
10:08-----------0.34
10:12-----------0.42
10:27-------up 0.76
10:28---down 3.00-------2428.34 (day's low)
10:32----------0.32
10:39-------up 0.62
10:44----------1.56
10:52----------1.25
10:57----------2.57
After moving in sideways since the opening bell, the market advances in the next hour.
11:08------up 3.21
11:09---------3.78
11:10---------5.85
11:13---------6.87
11:15---------8.28
11:18--------10.58
11:20--------11.89
11:24--------12.02
11:26--------13.43
11:28--------14.36
11:32-----up 13.05
11:35--------15.01
11:38--------15.26
11:40--------17.78
11:42--------18.50
11:45-----up 17.85
11:48--------20.17
11:49--------20.66------2452.00 (day's high)
11:51-----up 18.89
11:56--------18.76
11:58--------16.99
12:01--------17.76------2449.10 (+0.73%)
Market Close.
Value turnover: PhP 2.512 bn
Cross transactions: PhP 1.549 bn
Advancers 60
Decliners 25
Unchanged 53
Sectoral Indices.
M-O +2.99%
Holdings +2.11%
Industrial +1.92%
Financial +1.26%
Property +0.45%
Services -1.04%
The Day's Top Gainers:
WIN: PhP 0.13; +13.04%
PSE: PhP 292.50; +8.33%
OV: PhP 0.013; +8.33%
The Day's Biggest Decliners:
CDC: PhP 1.12; -33.33%
PRIM: PhP 0.36; -25.00%
SPC: PhP 2.50; -15.25%
At mid-day:
Asian equities markets were mostly down.
The Philippine Peso was at PhP 48.133 vs US$ 1.00
CLOSING PRICES OF SELECT STOCKS (as of July 06, 2009):
ABA: PhP 1.00
ALI: PhP 8.20
DGTL: PhP 1.30
EDC: PhP 3.90
EIBA: PHP 0.26
FLI: PhP 0.72
GEO: PhP 0.63
GOB: PhP 0.17
JOH: PhP 1.20
LOTO: PhP 10.00
MEG: PhP 0.96
MPI: PhP 5.90
MUSX: PhP 0.10
PAX: PhP 2.46
PX: PhP 7.40
SPH: PhP 2.80
SUN: PhP 0.41
TA: PhP 0.93
UW: PhP 0.0975
V: PhP 1.02
WEB: PhP 0.0525
Friday, July 3, 2009
The Philippine Stock Market - July 3, 2009
Dow Jones Industrial Average (DJIA) Summary
Index Value: 8,280.74
Trade Time: July 2
Change: Down 223.32 (-2.63%)
Prev Close: 8,504.06
Open: 8,503.00
Day's Range: 8,280.74 - 8,503.23
The DJIA plunged on disappointing jobs data and declined more than two and a half percent.
The local equities market traded with a downward bias because of the large drop in WallStreet. However, the Philippine Stock Exchange Index (PSEi) again managed to keep losses at a minimum.
PSEi previous close - 2438.04 (July 2)
time-----------down-----------PSEi
9:31---------15.10----------2422.94
9:32---------18.19
9:35---------21.12
9:39---------22.78
9:42---------24.01
9:45---------25.36----------2412.68 (day's low)
After the initial declines, the market slowly recovers and regains some of its losses.
The market moves in a narrow range in the next couple of hours.
9:54---------19.56
9:59---------18.63
10:06--------17.39
10:20--------19.27
10:29--------16.77
10:32--------16.49
10:40--------17.00
10:44--------16.35
10:54--------18.29
10:57--------19.12
11:01--------15.26
11:15--------16.62
11:17--------14.97
11:34--------15.57
11:39--------14.47
11:50--------15.16
The markets minimizes its losses in the last minutes of the session.
11:55--------11.76
11:58--------10.73
11:59---------4.99
12:01---------6.70----------2431.34 (-0.27%)
Market Close.
Value turnover: PhP 1.503 bn
Cross transactions: Ph 685 mn
Advancers 28
Decliners 54
Unchanged 59
Sectoral Indices:
M-O -1.28%
Services -0.69%
Financial -0.36%
Holdings -0.33%
Industrial +0.11%
Property +0.72%
The Day's Top Gainers:
OMW2: PhP 0.0042; +10.53%
UW: PhP 0.0975; +8.33%
MA: PhP 0.013; +8.33%
The Day's Biggest Decliners:
BHI: PhP 0.10; -16.67%
MIH: PhP 0.49; -15.52%
DFNN: PhP 7.30; -8.75%
At mid-day:
Asian equities markets were down.
The Philippine Peso was at PhP 48.237 vs US$ 1.00.
CLOSING PRICES OF SELECT STOCKS (as of July 03, 2009):
ABA: PhP 0.96
ALI: PhP 8.20
DGTL: PhP 1.32
EDC: PhP 3.85
EIBA: PHP 0.26
FLI: PhP 0.71
GEO: PhP 0.62
GOB: PhP 0.17
JOH: PhP 1.20
LOTO: PhP 10.00
MEG: PhP 0.96
MPI: PhP 5.80
MUSX: PhP 0.11
PAX: PhP 2.48
PX: PhP 7.10
SPH: PhP 2.80
SUN: PhP 0.40
TA: PhP 0.93
UW: PhP 0.0975
V: PhP 1.00
WEB: PhP 0.0525
Index Value: 8,280.74
Trade Time: July 2
Change: Down 223.32 (-2.63%)
Prev Close: 8,504.06
Open: 8,503.00
Day's Range: 8,280.74 - 8,503.23
The DJIA plunged on disappointing jobs data and declined more than two and a half percent.
The local equities market traded with a downward bias because of the large drop in WallStreet. However, the Philippine Stock Exchange Index (PSEi) again managed to keep losses at a minimum.
PSEi previous close - 2438.04 (July 2)
time-----------down-----------PSEi
9:31---------15.10----------2422.94
9:32---------18.19
9:35---------21.12
9:39---------22.78
9:42---------24.01
9:45---------25.36----------2412.68 (day's low)
After the initial declines, the market slowly recovers and regains some of its losses.
The market moves in a narrow range in the next couple of hours.
9:54---------19.56
9:59---------18.63
10:06--------17.39
10:20--------19.27
10:29--------16.77
10:32--------16.49
10:40--------17.00
10:44--------16.35
10:54--------18.29
10:57--------19.12
11:01--------15.26
11:15--------16.62
11:17--------14.97
11:34--------15.57
11:39--------14.47
11:50--------15.16
The markets minimizes its losses in the last minutes of the session.
11:55--------11.76
11:58--------10.73
11:59---------4.99
12:01---------6.70----------2431.34 (-0.27%)
Market Close.
Value turnover: PhP 1.503 bn
Cross transactions: Ph 685 mn
Advancers 28
Decliners 54
Unchanged 59
Sectoral Indices:
M-O -1.28%
Services -0.69%
Financial -0.36%
Holdings -0.33%
Industrial +0.11%
Property +0.72%
The Day's Top Gainers:
OMW2: PhP 0.0042; +10.53%
UW: PhP 0.0975; +8.33%
MA: PhP 0.013; +8.33%
The Day's Biggest Decliners:
BHI: PhP 0.10; -16.67%
MIH: PhP 0.49; -15.52%
DFNN: PhP 7.30; -8.75%
At mid-day:
Asian equities markets were down.
The Philippine Peso was at PhP 48.237 vs US$ 1.00.
CLOSING PRICES OF SELECT STOCKS (as of July 03, 2009):
ABA: PhP 0.96
ALI: PhP 8.20
DGTL: PhP 1.32
EDC: PhP 3.85
EIBA: PHP 0.26
FLI: PhP 0.71
GEO: PhP 0.62
GOB: PhP 0.17
JOH: PhP 1.20
LOTO: PhP 10.00
MEG: PhP 0.96
MPI: PhP 5.80
MUSX: PhP 0.11
PAX: PhP 2.48
PX: PhP 7.10
SPH: PhP 2.80
SUN: PhP 0.40
TA: PhP 0.93
UW: PhP 0.0975
V: PhP 1.00
WEB: PhP 0.0525
Thursday, July 2, 2009
The Philippine Stock Market - July 2, 2009
Dow Jones Industrial Average (DJIA) Summary
Index Value: 8,504.06
Trade Time: July 1
Change: Up 57.06 (+0.68%)
Prev Close: 8,447.00
Open: 8,447.53
Day's Range: 8,447.53 - 8,580.47
The DJIA hurdled the 8500 level again but closed off its high.
The Philippine Stock Exchange Index (PSEi) moved in a narrow range with an upward bias. The local equities market advanced early in the trading day but soon gave back most of its gains to end only slightly higher.
PSEi previous close - 2432.89 (July 1)
time----------up------------PSEi
9:31---------8.58----------2441.47
9:32--------10.80
9:34--------14.91
9:35--------16.27
9:38--------16.84
9:39--------18.26
9:41--------19.67
9:42--------20.00----------2452.89 (day's high)
9:53--------17.24
9:55--------14.45
9:59--------10.86
10:00-------10.53
10:10--------8.02
10:12--------7.86
10:15--------6.33----------2426.56
The PSEi moves in an even narrower range for the rest of the trading session.
10:23--------9.05
10:31--------9.90
10:43--------8.86
10:53--------7.84
10:57--------7.55
11:02--------9.53
11:20--------6.62
11:23--------9.45
11:36--------6.85
11:48--------7.27
11:56--------4.55
12:01--------5.15---------2438.04 (+0.21%)
Market Close.
Value turnover: PhP 1.962 bn
Cross transactions: PhP 859 mn
Advancers 44
Decliners 36
Unchanged 68
Sectoral Indices:
M-O +2.00%
Services +0.63%
Holdings +0.19%
Financial +0.17%
Property -0.37%
Industrial -0.60%
The Day's Top Gainers:
PRIM: PhP 0.48; +41.18%
LSC: PhP 1.20; +15.38%
SFI: PhP 0.18; +12.50%
The Day's Biggest Decliners:
SLI: PhP 0.63; -21.25%
WPI: PhP 0.25; -10.71%
MPI: PhP 5.50; -9.84%
At mid-day:
Asian equities markets were mixed.
The Philippine Peso was at PhP 48.042 vs US$ 1.00
CLOSING PRICES OF SELECT STOCKS (as of July 02, 2009):
ABA: PhP 0.96
ALI: PhP 8.20
DGTL: PhP 1.32
EDC: PhP 3.85
EIBA: PHP 0.26
FLI: PhP 0.71
GEO: PhP 0.61
GOB: PhP 0.17
JOH: PhP 1.20
LOTO: PhP 10.00
MEG: PhP 0.97
MPI: PhP 5.50
MUSX: PhP 0.11
PAX: PhP 2.46
PX: PhP 7.20
SPH: PhP 2.80
SUN: PhP 0.40
TA: PhP 0.95
UW: PhP 0.090
V: PhP 1.00
WEB: PhP 0.0525
Index Value: 8,504.06
Trade Time: July 1
Change: Up 57.06 (+0.68%)
Prev Close: 8,447.00
Open: 8,447.53
Day's Range: 8,447.53 - 8,580.47
The DJIA hurdled the 8500 level again but closed off its high.
The Philippine Stock Exchange Index (PSEi) moved in a narrow range with an upward bias. The local equities market advanced early in the trading day but soon gave back most of its gains to end only slightly higher.
PSEi previous close - 2432.89 (July 1)
time----------up------------PSEi
9:31---------8.58----------2441.47
9:32--------10.80
9:34--------14.91
9:35--------16.27
9:38--------16.84
9:39--------18.26
9:41--------19.67
9:42--------20.00----------2452.89 (day's high)
9:53--------17.24
9:55--------14.45
9:59--------10.86
10:00-------10.53
10:10--------8.02
10:12--------7.86
10:15--------6.33----------2426.56
The PSEi moves in an even narrower range for the rest of the trading session.
10:23--------9.05
10:31--------9.90
10:43--------8.86
10:53--------7.84
10:57--------7.55
11:02--------9.53
11:20--------6.62
11:23--------9.45
11:36--------6.85
11:48--------7.27
11:56--------4.55
12:01--------5.15---------2438.04 (+0.21%)
Market Close.
Value turnover: PhP 1.962 bn
Cross transactions: PhP 859 mn
Advancers 44
Decliners 36
Unchanged 68
Sectoral Indices:
M-O +2.00%
Services +0.63%
Holdings +0.19%
Financial +0.17%
Property -0.37%
Industrial -0.60%
The Day's Top Gainers:
PRIM: PhP 0.48; +41.18%
LSC: PhP 1.20; +15.38%
SFI: PhP 0.18; +12.50%
The Day's Biggest Decliners:
SLI: PhP 0.63; -21.25%
WPI: PhP 0.25; -10.71%
MPI: PhP 5.50; -9.84%
At mid-day:
Asian equities markets were mixed.
The Philippine Peso was at PhP 48.042 vs US$ 1.00
CLOSING PRICES OF SELECT STOCKS (as of July 02, 2009):
ABA: PhP 0.96
ALI: PhP 8.20
DGTL: PhP 1.32
EDC: PhP 3.85
EIBA: PHP 0.26
FLI: PhP 0.71
GEO: PhP 0.61
GOB: PhP 0.17
JOH: PhP 1.20
LOTO: PhP 10.00
MEG: PhP 0.97
MPI: PhP 5.50
MUSX: PhP 0.11
PAX: PhP 2.46
PX: PhP 7.20
SPH: PhP 2.80
SUN: PhP 0.40
TA: PhP 0.95
UW: PhP 0.090
V: PhP 1.00
WEB: PhP 0.0525
Wednesday, July 1, 2009
The Philippine Stock Market - July 1, 2009
Dow Jones Industrial Average (DJIA) Summary
Index Value: 8,447.00
Trade Time: June 30
Change: Down 82.38 (-0.97%)
Prev Close: 8,529.38
Open: 8,528.93
Day's Range: 8,393.95 - 8,560.44
The local equities market continues to head lower as WallStreet fell by almost 1.0%. The Philippine Stock Exchange Index (PSEi) is looking for a support level but is able to minimize its losses.
PSEi previous close - 2437.99 (June 30)
time-----------down----------PSEi
9:31----------1.19----------2436.80
9:32----------0.76
9:33----------1.93
9:35----------2.90
9:36----------4.98
9:37----------5.82
9:38----------6.70
9:40----------7.26
9:41----------8.21
9:46----------7.63
9:48----------8.39---------2429.60
9:55----------4.62
9:57----------3.34
9:59----------2.30
10:00---------2.26
10:02---------0.84---------2437.15
10:04---------2.15
10:10---------3.93
10:17---------4.28
10:19---------6.64
10:29---------7.13
10:30---------8.64
10:32---------9.26
10:39--------10.47
10:40--------11.41---------2426.58
10:44---------7.80
10:57---------6.77
10:58---------8.61
11:07---------5.83
11:25---------7.44
11:29---------8.18
11:34---------8.40
11:36--------10.80
11:37--------12.07
11:40--------12.27--------2425.72 (day's low)
11:43---------9.02
11:51---------9.33
11:52---------8.48
11:54---------9.80
11:56---------7.47
11:59---------5.50
12:01---------5.10-------2432.89 (-0.21%)
Market Close.
Value turnover: PhP 1.615 bn
Cross transactions: PhP 809 mn
Sectoral Indices:
M-O -1.48%
Holdings -0.67%
Financial -0.29%
Industrial -0.21%
Property +0.05%
Services +0.06%
The Day's Top Gainers:
PRIM: PhP 0.34; +21.43%
MPI: PhP 6.10; +19.61%
ZHI: PhP 0.36; +12.50%
The Day's Biggest Decliners:
MUSX: PhP 0.10; -13.04%
ANI: PhP 12.75; -8.93%
WIN: PhP 0.12; -7.69%
At mid-day:
Asian equities markets were mixed.
The Philippine Peso was at PhP 48.203 vs $US 1.00
CLOSING PRICES OF SELECT STOCKS (as of July 01, 2009):
ABA: PhP 0.96
ALI: PhP 8.20
DGTL: PhP 1.34
EDC: PhP 3.90
EIBA: PHP 0.26
FLI: PhP 0.70
GEO: PhP 0.61
GOB: PhP 0.17
JOH: PhP 1.20
LOTO: PhP 10.00
MEG: PhP 0.96
MPI: PhP 6.10
MUSX: PhP 0.10
PAX: PhP 2.60
PX: PhP 6.90
SPH: PhP 2.90***
SUN: PhP 0.40
TA: PhP 0.95
UW: PhP 0.095
V: PhP 1.00
WEB: PhP 0.0525
*** Today is the ex-date for the PhP 0.21 cash dividend of SPH.
Index Value: 8,447.00
Trade Time: June 30
Change: Down 82.38 (-0.97%)
Prev Close: 8,529.38
Open: 8,528.93
Day's Range: 8,393.95 - 8,560.44
The local equities market continues to head lower as WallStreet fell by almost 1.0%. The Philippine Stock Exchange Index (PSEi) is looking for a support level but is able to minimize its losses.
PSEi previous close - 2437.99 (June 30)
time-----------down----------PSEi
9:31----------1.19----------2436.80
9:32----------0.76
9:33----------1.93
9:35----------2.90
9:36----------4.98
9:37----------5.82
9:38----------6.70
9:40----------7.26
9:41----------8.21
9:46----------7.63
9:48----------8.39---------2429.60
9:55----------4.62
9:57----------3.34
9:59----------2.30
10:00---------2.26
10:02---------0.84---------2437.15
10:04---------2.15
10:10---------3.93
10:17---------4.28
10:19---------6.64
10:29---------7.13
10:30---------8.64
10:32---------9.26
10:39--------10.47
10:40--------11.41---------2426.58
10:44---------7.80
10:57---------6.77
10:58---------8.61
11:07---------5.83
11:25---------7.44
11:29---------8.18
11:34---------8.40
11:36--------10.80
11:37--------12.07
11:40--------12.27--------2425.72 (day's low)
11:43---------9.02
11:51---------9.33
11:52---------8.48
11:54---------9.80
11:56---------7.47
11:59---------5.50
12:01---------5.10-------2432.89 (-0.21%)
Market Close.
Value turnover: PhP 1.615 bn
Cross transactions: PhP 809 mn
Sectoral Indices:
M-O -1.48%
Holdings -0.67%
Financial -0.29%
Industrial -0.21%
Property +0.05%
Services +0.06%
The Day's Top Gainers:
PRIM: PhP 0.34; +21.43%
MPI: PhP 6.10; +19.61%
ZHI: PhP 0.36; +12.50%
The Day's Biggest Decliners:
MUSX: PhP 0.10; -13.04%
ANI: PhP 12.75; -8.93%
WIN: PhP 0.12; -7.69%
At mid-day:
Asian equities markets were mixed.
The Philippine Peso was at PhP 48.203 vs $US 1.00
CLOSING PRICES OF SELECT STOCKS (as of July 01, 2009):
ABA: PhP 0.96
ALI: PhP 8.20
DGTL: PhP 1.34
EDC: PhP 3.90
EIBA: PHP 0.26
FLI: PhP 0.70
GEO: PhP 0.61
GOB: PhP 0.17
JOH: PhP 1.20
LOTO: PhP 10.00
MEG: PhP 0.96
MPI: PhP 6.10
MUSX: PhP 0.10
PAX: PhP 2.60
PX: PhP 6.90
SPH: PhP 2.90***
SUN: PhP 0.40
TA: PhP 0.95
UW: PhP 0.095
V: PhP 1.00
WEB: PhP 0.0525
*** Today is the ex-date for the PhP 0.21 cash dividend of SPH.
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