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