The Philippine Stock Market - September 16, 2009

The Dow Jones Industrial Average (DJIA) again closed higher by 56.61 points last night to end at 9683.41. It is currently at its highest levels since Oct. 8, 2008.

The local equities market opened higher and tried to go above the 2800 level. It however failed to hold its ground and sentiment soon reversed. The Philippine Stock Exchange Index (PSEi) ended lower again today on lighter value turnover, even as other asian equities markets were up.

PSEi previous close - 2789.36 (Sept 15)

open: 2798.02 (+8.66)
high: 2803.37 (+14.01)
low: 2758.31 (-31.05)
close: 2768.61 (-20.75 or -0.74%)

Value turnover: 2.818 bn
Cross transactions: PhP 638 mn

Advancers 35
Decliners 65
Unchanged 65

Sectoral Indices:
Services -1.49%
Industrial -1.19%
Financial -0.83%
M-O -0.32%
Holdings +0.30%
Property +0.80%

The Day's Top Gainers:
PEC: PhP 5.00; +49.25%
MED: PhP 0.22; +12.82%
PHES: PhP 0.135; +8.00%

The Day's Biggest Decliners:
ARA: PhP 0.38; -11.63%
CDC: PhP 1.40; -10.26%
MHC: PhP 0.29; -6.45%

At mid-day:
Asian equities markets were again higher.
The Philippine Peso was at PhP 48.141 vs US$ 1.00.


CLOSING PRICES OF SELECT STOCKS (as of September 16, 2009):
ABA: PhP 0.95
AGI: PhP 4.50
ALI: PhP 11.00
CYBR: PhP 0.59
DGTL: PhP 1.40
EDC: PhP 4.50
EIBA: PHP 0.26
GEO: PhP 0.83
GOB: PhP 0.17
JOH: PhP 1.50
LOTO: PhP 14.50
MPI: PhP 4.75
MUSX: PhP 0.125
PX: PhP 10.00
SFI: PhP 0.16
SPH: PhP 3.60
SUN: PhP 0.45
TA: PhP 1.12
UW: PhP 0.105