The Philippine Stock Market - October 16, 2009

The Dow Jones Industrial Average (DJIA) managed to hold above the 10,000 level as it advanced another 47.08 points to close at 10,062.94.

The local equities market continue its consolidation above the 2900 level. The Philippine Stock Exchange Index (PSEi) opened at its high and then continued an erratic decline to close near its low. Select thirdliner stocks were actively traded and were the focus of punter interest.

PSEi previous close - 2942.79 (Oct. 15)

open/high: 2947.13 (+4.34)
low: 2922.15 (-20.64)
close: 2922.82 (-19.97 or -0.68%)

Advancers 69
Decliners 46
Unchanged 57

Value turnover: PhP 2.212 bn
Cross transactions: PhP 826 mn

Sectoral Indices:
Property -1.14%
Financial -0.80%
Holdings -0.73%
Services -0.66%
M-O -0.28%
Industrial -0.08%

The Day's Top Gainers:
AB: PhP 21.00; +50.00%
BH: PhP 225.00; +50.00%
MRAY: PhP 15.00; +50.00%
MRC: PhP 0.36; +50.00%
MHC: PhP 0.55; +48.65%

The Day's Biggest Decliners:
PRMX: PhP 3.50; -14.63%
TOL: PhP 8.50; -14.14%
MED: PhP 0.74; -8.64%
I: PhP 3.70; -6.33%
PTC: PhP 54.00; -5.26%

At mid-day:
Asian equities markets were mostly lower.
The Philippine Peso was at PhP 46.371 vs US$ 1.00.


CLOSING PRICES OF SELECT STOCKS (as of October 16, 2009):
ABA: PhP 0.89
AGI: PhP 4.75
CYBR: PhP 0.54
DGTL: PhP 1.48
EDC: PhP 4.85
EIBA: PHP 0.26
GEO: PhP 0.83
GOB: PhP 0.17
JOH: PhP 1.78
MPI: PhP 3.65
MUSX: PhP 0.125
PX: PhP 9.00
SFI: PhP 0.165
SPH: PhP 3.15
SUN: PhP 0.48
TA: PhP 1.12
UW: PhP 0.13