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