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