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