The Philippine Stock Market - October 2, 2009

Dow Jones Industrial Average (DJIA) Summary
Index Value: 9,509.28
Trade Time: Oct 1
Change: Down 203.00 (-2.09%)
Prev Close: 9,712.28
Open: 9,711.60
Day's Range: 9,500.37 - 9,711.67

WallStreet closed lower by more than two hundred points and ended near the low. The DJIA is currently testing the 9500 level as a support.

The local equities market opened immediately lower. The Philippine Stock Exchange Index (PSEi) fell into a deep decline but mounted a strong recovery to limit its losses. It closed at its high and still above 2800. Value turnover was only half of yesterday's.

PSEi previous close - 2829.02 (Oct. 01)

open: 2796.98 (-32.04)
low: 2771.02 (-58.00)
high / close: 2820.03 (-8.99 or -0.32%)

Advancers 20
Decliners 78
Unchanged 60

Value turnover: PhP 1.908 bn
Cross transactions: PhP 772 mn

Sectoral Indices:
Property -1.23%
M-O -1.14%
Services -0.52%
Industrial -0.28%
Financial -0.23%
Holdings +0.18%

The Day's Top Gainers:
ABB: PhP 3.60; +50.00%
AB: PhP 2.85; +48.44%
FED: PhP 8.60; +48.28%

The Day's Biggest Decliners:
ATRK: PhP 3.10; -22.50%
POPI: PhP 0.37; -9.76%
BHI: PhP 0.095; -9.52%

At mid-day:
Asian equities markets were down.
The Philippine Peso was at PhP 47.077 vs US$ 1.00.


CLOSING PRICES OF SELECT STOCKS (as of October 02, 2009):
ABA: PhP 0.93
AGI: PhP 4.80
CYBR: PhP 0.52
DGTL: PhP 1.40
EDC: PhP 4.65
EIBA: PHP 0.26
GEO: PhP 0.81
GOB: PhP 0.17
JOH: PhP 1.50
MPI: PhP 3.25
MUSX: PhP 0.115
PX: PhP 8.60
SFI: PhP 0.155
SPH: PhP 3.10
SUN: PhP 0.40
TA: PhP 1.10
UW: PhP 0.105