The Philippine Stock Market - September 28, 2009

Dow Jones Industrial Average (DJIA) Summary
Index Value: 9,665.19
Trade Time: Sept 25
Change: Down 42.25 (-0.44%)
Prev Close: 9,707.44
Open: 9,706.68
Day's Range: 9,641.01 - 9,735.93


The local equities market dropped today as investor sentiment was down because of the continuing devastating effects of typhoon Ondoy. The full extent of the damage brought about by the record levels of downpour last Saturday, has yet to be assessed. The Philippine Stock Exchange Index (PSEi) fell below the 2800 level with relatively thin volumes.

PSEi previous close - 2821.34 (Sept. 25)

open: 2818.58 (-2.76)
low: 2772.00 (-49.34)
close: 2784.65 (-36.69 or -1.30%)

Advancers 17
Decliners 101
Unchanged 29

Value turnover: PhP 1.394 bn
Cross transactions: PhP 233 mn

Sectoral Indices were lower across-the-board:
M-O -5.32%
Industrial -1.57%
Holdings -1.38%
Financial -1.35%
Property -1.30%
Services -0.46%

The Day's Top Gainers:
FAF: PhP 0.65; +10.17%
ATS: PhP 1.26; +8.62%
SHNG: PhP 1.78; +8.54%

The Day's Biggest Decliners:
PECB: PhP 17.00; -20.93%
PEC: PhP 17.00; -19.05%
ATNB: PhP 3.80; -15.56%

At mid-day:
Asian equities markets were down.
The Philippine Peso was at PhP 47.555 vs US$ 1.00.


CLOSING PRICES OF SELECT STOCKS (as of September 28, 2009):
ABA: PhP 0.92
AGI: PhP 4.70
CYBR: PhP 0.56
DGTL: PhP 1.42
EDC: PhP 4.60
EIBA: PHP 0.26
GEO: PhP 0.88
GOB: PhP 0.17
JOH: PhP 1.50
MPI: PhP 3.20
MUSX: PhP 0.125
PX: PhP 8.50
SFI: PhP 0.155
SPH: PhP 3.05
SUN: PhP 0.43
TA: PhP 1.08
UW: PhP 0.115