The Philippine Stock Market - October 22, 2009

Dow Jones Industrial Average (DJIA) Summary
Index Value: 9,949.36
Trade Time: Oct 21
Change: Down 92.12 (-0.92%)
Prev Close: 10,041.48
Open: 10,038.84
Day's Range: 9,943.76 - 10,119.47

The local equities market declined as the DJIA fell below the 10,000 level. The Philippine Stock Exchange (PSEi) went below the 2900 level and closed the 2884-2919 chart gap left open last Oct 6-7.

PSEi previous close - 2919.90 (Oct. 21)

open: 2917.46 (-2.44)
low: 2883.14 (-36.76)
close: 2888.72 (-31.18 or -1.07%)

Advancers 42
Decliners 55
Unchanged 62

Value turnover: PhP 3.655 bn
Cross transactions: PhP 1.856 bn
Block Sale: 55,000 TEL shs @ PhP 2568.30 = PhP 141.256 mn

Sectoral Indices were lower across-the-board:
Financial -2.12%
Industrial -1.67%
Services -0.93%
Holdings -0.53%
Property -0.21%
M-O +2.83%

The Day's Top Gainers:
PRIM: PhP 1.18; +49.37%
REG: PhP 1.80; +20.00%
AB: PhP 58.00; +18.37%

The Day's Biggest Decliners:
MRAY: PhP 15.00; -6.25%
PECB: PhP 16.00; -5.88%
MRC: PhP 0.33; -5.71%

At mid-day:
Asian equities markets were mostly lower.
The Philippine Peso was at PhP 47.042 vs US$ 1.00.


CLOSING PRICES OF SELECT STOCKS (as of October 22, 2009):
ABA: PhP 0.82
AGI: PhP 4.55
CYBR: PhP 0.54
DGTL: PhP 1.44
EDC: PhP 3.90***
EIBA: PHP 0.26
GEO: PhP 0.82
GOB: PhP 0.17
JOH: PhP 1.78
MPI: PhP 3.40
MUSX: PhP 0.125
PX: PhP 9.50
SFI: PhP 0.15
SPH: PhP 3.10
SUN: PhP 0.48
TA: PhP 1.10
UW: PhP 0.12

***Adjusted for a 25% stock dividend