The Philippine Stock Market - November 24, 2009

Dow Jones Industrial Average (DJIA) Summary
Index Value: 10,450.95
Trade Time: Nov 23
Change: Up 132.79 (+1.29%)
Prev Close: 10,318.16
Open: 10,320.13
Day's Range: 10,320.05 - 10,495.61

WallStreet advances more than 130 pts. overnight and tested the 10,500 level. The DJIA is at its highest since Oct. 3, 2008 when it touched 10796.26.
The local equities market opens higher and advances because of the gains in WallStreet. The Philippine Stock Exchange Index (PSEi) reaches its highest level since March 7, 2008 (when it touched 3095.50) but gives back some of its gains by the close.

PSEi previous close - 3048.00 (Nov. 23)

open: 3072.77 (+24.77)
high: 3088.53 (+40.53)
close: 3074.66 (+26.66 or +0.87%)

Advancers 41
Decliners 74
Unchanged 56

Value turnover: PhP 4.159 bn
Cross transactions: PhP 1.574 bn
Block Sales: 13330 TEL shs @ PhP 2547.68
---------------20000 TEL shs @ PhP 2547.82
-----------------------Total: PhP 84.916 mn

Sectoral Indices:
M-O +2.31%
Services +1.88%
Property +1.02%
Financial +0.28%
Holdings -0.35%
Industrial -0.36%

The Day's Top Gainers:
ABB: PhP 57.50; +10.58%
CPM: PhP 6.40; +10.34%
AB: PhP 47.00; +9.62%

The Day's Biggest Decliners:
VUL: PhP 0.61; -23.75%
DHC: PhP 3.10; -12.68%
BLFI: PhP 1.24; -11.43%

At mid-day:
Asian equities markets were mostly lower.
The Philippine Peso was at PhP 47.040 vs US$ 1.00.


CLOSING PRICES OF SELECT STOCKS (as of November 24, 2009):
ABA: PhP 0.89
AGI: PhP 4.35
CYBR: PhP 0.54
DGTL: PhP 1.36
EDC: PhP 3.95
EIBA: PHP 0.26
GEO: PhP 0.86
GOB: PhP 0.17
JOH: PhP 2.46
MPI: PhP 2.70
MUSX: PhP 0.13
SFI: PhP 0.155
SPH: PhP 3.50
SUN: PhP 0.53
TA: PhP 1.16
UW: PhP 0.13