The Philippine Stock Market - October 9, 2009

Dow Jones Industrial Average(DJIA) Summary
Index Value: 9,786.87
Trade Time: Oct 8
Change: Up 61.29 (+0.63%)
Prev Close: 9,725.58
Open: 9,728.22
Day's Range: 9,728.07 - 9,836.67

The local equities market fell unexpectedly as WallStreet was up overnight. The Philippine Stock Exchange Index (PSEi) is trying to build a base before attempting to break the 3000 level. Several chart gaps have been left open because of the strong advance earlier this week.

PSEi previous close - 2968.02 (Oct. 08)

open: 2967.96 (-0.06)
low: 2939.57 (-28.45)
close: 2942.78 (-25.24 or -0.85%)

Advancers 58
Decliners 43
Unchanged 68

Value turnover: PhP 3.239 bn
Cross transactions: PhP 1.046 bn
Block Sale: 146,170 shs TEL @ PhP 2631.05 = PhP 384.58 mn

The chart gaps left open were at the following levels:
2884-2919 (Oct. 6-7)
2824-2855 (Oct. 5-6)

Sectoral Indices:
Property -3.19%
Services -0.92%
M-O -0.92%
Holdings -0.29%
Financial +0.23%
Industrial +0.96%

The Day's Top Gainers:
ABB: PhP 5.40; +50.00%
AB: PhP 4.25; +49.12%
CPV: PhP 1.64; +49.09%

The Day's Biggest Decliners:
PECB: PhP 13.00; -23.53%
AAI: PhP 9.00; -12.20%
FED: PhP 8.00; -6.98%

At mid-day:
Asian equities markets were mostly higher.
The Philippine Peso was at PhP 46.538 vs US$ 1.00.


CLOSING PRICES OF SELECT STOCKS (as of October 09, 2009):
ABA: PhP 0.93
AGI: PhP 4.90
CYBR: PhP 0.60
DGTL: PhP 1.50
EDC: PhP 4.80
EIBA: PHP 0.26
GEO: PhP 0.84
GOB: PhP 0.17
JOH: PhP 1.70
MPI: PhP 3.65
MUSX: PhP 0.115
PX: PhP 9.10
SFI: PhP 0.155
SPH: PhP 3.30
SUN: PhP 0.44
TA: PhP 1.12
UW: PhP 0.10