The Philippine Stock Market - August 27, 2009

Dow Jones Industrial Average (DJIA) Summary
Index Value: 9,543.52
Trade Time: August 26
Change: Up 4.23 (+0.04%)
Prev Close: 9,539.29
Open: 9,538.61
Day's Range: 9,485.78 - 9,582.97

With WallStreet little changed, the local equities market opened weak as asian markets were also lower.

The 2nd Quarter GDP figures came out and was at +1.5% year-on-year and +2.4% qtr-on-qtr.

The Philippine Stock Exchange Index (PSEi) then made a strong recovery and reversed direction. It ended in positive territory near its day's high.

PSEi previous close - 2863.53 (August 26)

open: 2859.73 (-3.80)
low: 2857.61 (-5.92)
high: 2885.68 (+22.15)
close: 2881.40 (+17.87 or +0.62%)

Value turnover: PhP 3.756 bn
Cross transactions: PhP 1.244 bn
Block Sale: 21,677 TEL shs @ 2449.87 = PhP 53.105 mn

Advancers 69
Decliners 53
Unchanged 55

Sectoral Indices:
Property +2.50%
M-O +1.93%
Holdings +1.25%
Financial +0.78%
Services -0.04%
Industrial -0.14%

The Day's Top Gainers:
APM: PhP 0.0095; +18.75%
SUN: PhP 0.52; +15.56%
WEB: PhP 0.095; +15.15%

The Day's Biggest Decliners:
FED: PhP 5.50; -27.63%
SLI: PhP 0.80; -9.09%
ALCO: PhP 0.20; -6.98%

At mid-day:
Asian equities markets were down.
The Philippine Peso was at PhP 48.917 vs US$ 1.00.


CLOSING PRICES OF SELECT STOCKS (as of August 27, 2009):
ABA: PhP 0.91
ALI: PhP 10.75
CYBR: PhP 0.70
DGTL: PhP 1.48
EDC: PhP 4.50
EIBA: PHP 0.26
GEO: PhP 0.82
GOB: PhP 0.17
JOH: PhP 2.00
LOTO: PhP 11.50
MPI: PhP 6.10
MUSX: PhP 0.125
PX: PhP 10.50
SFI: PhP 0.16
SPH: PhP 3.00
SUN: PhP 0.52
TA: PhP 1.04
UW: PhP 0.115