The Philippine Stock Market - August 28, 2009

Dow Jones Industrial Average (DJIA) Summary
Index Value: 9,580.63
Trade Time: August 27
Change: Up 37.11 (+0.39%)
Prev Close: 9,543.52
Open: 9,541.63
Day's Range: 9,459.40 - 9,609.72

The local equities market ended the month little changed and posts 7 straight months of gains. The Philippine Stock Exchange Index (PSEi) tests the 2900 level.

PSEi previous close - 2881.40 (August 27)

time----------change------------PSEi
9:31--------up 14.03-----------2895.43
9:35-----------15.72
9:37-----------18.99
9:38-----------25.16-----------2906.56 (Day's high)

The market breaches the May 20, 2008 high of 2903.51.

9:52--------up 10.37
9:54------------9.92
10:00----------14.28
10:04-----------9.33
10:05-----------7.96
10:11-----------3.58-----------2884.98

10:13--------up 7.05
10:15-----------8.79
10:21----------13.70
10:24----------15.11-----------2896.51
10:42----------11.39
10:46----------10.89
10:48-----------9.30
10:49-----------8.00
10:52-----------7.80
10:57-----------7.69
10:59-----------5.90

11:02-------up 11.13
11:10-----------8.91
11:14-----------5.98
11:16-----------3.63
11:17-----------2.39
11:18-----------1.85
11:22-----------0.64

The market has given back its earlier gains.

11:24------down 0.42
11:32-----------0.62
11:33-----------2.57
11:37-----------6.81
11:38-----------8.93
11:39-----------9.39
11:40-----------9.88
11:42----------10.53
11:43----------10.77

11:47------down 3.82
11:50-----------6.26
11:55----------12.83----------2868.57 (Day's low)

11:56--------up 0.21
11:58-----down 4.05
11:59--------up 2.28
12:01--------up 2.78----------2884.18 (+0.10%)
Market Close.

Value turnover: PhP 4.184 bn
Cross transactions: PhP 1.315 bn

There will be NO TRADING on Monday (August 31) in observance of National Heroes Day.

Advancers 58
Decliners 40
Unchanged 71

Sectoral Indices:
Property +1.10%
Industrial +0.90%
Financial +0.52%
Services -0.09%
Holdings -0.49%
M-O -2.48%

The Day's Top Gainers:
IRC: PhP 0.75; +41.51%
TDY: PhP 3.20; +14.29%
VITA: PhP 0.17; +13.33%

The Day's Biggest Decliners:
BCB: PhP 8.60; -16.10%
PO: PhP 3.65; -14.12%
ALCO: PhP 0.18; -10.00%

At mid-day:
The Philippine Peso was at PhP 48.791 vs US$ 1.00.


CLOSING PRICES OF SELECT STOCKS (as of August 28, 2009):
ABA: PhP 0.91
ALI: PhP 10.75
CYBR: PhP 0.70
DGTL: PhP 1.52
EDC: PhP 4.50
EIBA: PHP 0.26
GEO: PhP 0.81
GOB: PhP 0.17
JOH: PhP 2.00
LOTO: PhP 11.00
MPI: PhP 5.90
MUSX: PhP 0.125
PX: PhP 10.00
SFI: PhP 0.16
SPH: PhP 3.05
SUN: PhP 0.54
TA: PhP 1.04
UW: PhP 0.115