Philippine Markets: 19 May 2011

19 May 2011

USD/PhP: 43.17 - 0.06 PSEi: 4297.93 - 5.38
USD/JPY: 81.73 PFINC: 966.29 + 6.30
EUR/USD: 1.4221 BDO: 58.95 + 0.30
GBP/USD: 1.6136 BPI: 58.15 + 0.85
PDSTF3M: 2.3327 MBT: 70.70 + 0.45
Prices as of 4:00pm Source: Bloomberg, Reuters


PH stocks dip below 4,300
By: Doris C. Dumlao
Philippine Daily Inquirer

MANILA, Philippines—Local stocks were a tad lower on Thursday, pulling back the main index below 4,300, as investors pocketed gains after the previous day’s run-up.

The main-share Philippine Stock Exchange index gave up 5.38 points or 0.12 percent to finish at 4,297.93. Investors also turned cautious amid reports that the first quarter economic contraction of disaster-stricken Japan was worse than expected.

Trading was mixed across counters but the losses incurred by the industrial, holding firm and services sub-counters negated the modest gains posted by the financial, property and mining/oil counters.

Value turnover was heavier at P5.99 billion compared to previous days. Despite the overall index decline, there were 65 advancers that had beaten 52 decliners while 54 stocks were unchanged.

Lepanto “A,” SM Investments, ICTSI and Aboitiz Power led the index lower while San Miguel Corp. and Manila Mining “A” also traded in the red.

On the other hand, banking giants BDO and Metrobank tempered the index losses, alongside DMCI, AGI and Philex. Second-liners Cebu Air, Belle, Atlas Mining and Semirara also advanced.

BDO UNIBANK, INC.

Jonathan Ravelas
Chief Market Strategist
(632) 858-3145

Rhys Cruz
Junior Researcher
(632) 858-3001

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Scheduled Power Interruption on Sunday, May 22, 2011

CAGAYAN ELECTRIC POWER & LIGHT CO., INC

Important Notice to CEPALCO Customers

Subject: Scheduled Power Interruption on Sunday, May 22, 2011

The Cagayan Electric Power & Light Co., Inc. (CEPALCO) would like to inform all customers that power supply will be interrupted on MAY 22, 2011 as shown below:

Reasons:	RELOCATION OF A 69KV STRUCTURE AT PUERTO THAT WILL BE AFFECTED BY THE CONSTRUCTION OF PUERTO – SAYRE FLYOVER. CEPALCO WILL ALSO CONDUCT LINE MAINTENANCE WORKS ALONG THE AFFECTED AREAS. TO REDUCE THE IMPACT OF THE SAID INTERRUPTION, MINERGY WILL BE SYNCHRONIZED TO THE GRID TO PROVIDE ADDITIONAL POWER SUPPLY.
Date:	Sunday, May 22, 2011
A. Interruption Time:	6:00 AM – 6:00 PM (12 hours)
Affected Areas:	METERING 3 - NPC NATUMULAN (TAGOLOAN-CAGAYAN 69-KV CIRCUIT): 1. Del Monte Philippines, Inc., Bugo 2. Cagayan de Oro Oil Company, Tablon 3. Cagayan Corn Products, Tablon 4. Mitimco, Baloy 5. Gaisano City, Recto Ave. 6. Limketkai Mall, Lapasan 7. Limketkai Plant, Puntod 8. Nestle Philippines, Inc. Tablon 9. Alwana, Cugman 10. HCH Corporation, Tagoloan TAGOLOAN FEEDER #1 (34.5-KV): 1. All the Barangays of Bugo, Puerto, Tin-ao, Agusan, Tablon, Baloy, Cugman, Gusa, and greater portion of Lapasan. 2. Portion of Lapasan-Camaman-an road from Recto Ave. towards Limketkai Commercial Center including Grand Caprice Restaurant. 3. All of Osmeña St. and portion of Cogon Market Area including Roxas St. towards portion of JR Borja St. 4. Upper Gusa, Indahag, Malasag, FS Catanico and Balubal. 5. Agora Market area including Gaabucayan St. 6. DMPI plantation, MENZI Agri, etc. 7. Portion of Natumulan from El Mundo up El Slvador including, FCPI Housing, Promiseland Cusher, Solid Built Crusher & UKC Crusher. CHARLIE FEEDER #4: 1. Portions of Camaman-an near and including towards Manto to the San Jose and St. Vianney Seminaries, greater portion of Camaman-an proper towards Bontong, Bolonsori up to Upper Camaman-an and Hayes Subdivision including Tipolohon. 2. Part of Limketkai Center, Lapasan including Mc Donalds, PNB and Allied Bank. 3. Along Recto Ave. from corner Agora Road towards Maharlika Bridge including Coca-Cola Plant Portion of A.Luna St. towards all of Mabulay Subdivision including portion of the Provincial Capitol and Provincial Hospital Area. 4. Medical Center area along and bounded by Capistrano St., Echem St. up to corner Akut St., A.Velez St., and Recto Ave.(UCCP side), including all of Consolacion. 5. Corrales Ext. from Gaabucayan St. towards most of PPA area. 6. J.Pacana St. from Recto Avenue towards all of Macabalan area. 7. All of RER Subdivision Phases I & 2 including Dolores compound; towards Fortune Express Shop along Maharlika Highway; including all of NHA-KSS Subdivision and portion of Bayabas near Manila Broadcasting Radio Station to Capisnon area. 8. Greater part of Bulua from Bulua Rotonda towards all of Iponan. 9. Greater part of Patag including Calamansi Drive, Apovel subdivision, Terry Hills subdivision and Anhawon, Bulua area. 10. Along Osmeña Extension up to Gaabucayan St.

B. Interruption Time:

6:00 AM – 8:30 AM (2 hours and 30 minutes); Switching Works 4:00 PM – 6:00 PM (2 hours); Switching Works

Affected Areas:

CHARLIE FEEDER #1: 1. Greater portion of the City Poblacion along and bounded by Hayes St., Mortola St., JR Borja St. including S.Daumar St. up to corner JR. Borja St., Aguinaldo St. up to corner Justo Ramonal St., 2. Along Pabayo St.; including portions of C. Pacana St., JR Borja St., Gomez St., C.Taal St., T.Neri St., Abejuela St., Hayes St. and Gaerlan St. from Pabayo St.. 3. Hayes St. from corner A.Velez St. towards City Hall area & Burgos St., along T.Chavez St. from Burgos St. up to Tiano Bros. St. - including portions of Tiano Bros. St., Rizal St., Capistrano St. from Hayes St.; and; Dolores St.. 4. Along Burgos St. from T.Chavez St. up to corner Gomez St. including portions of Abejuela St., T.Neri St., Cruz Taal St. and Gomez St. from Burgos St.. 5. Surroundings along Mabini St. from corner A.Velez St. towards Capistrano St. up to corner Gomez St. including portions of Tiano Bros. St. from Mabini St.; Yacapin St. from Capistrano St. towards Burgos St.; and; C.Pacana St., JR Borja St. and Gomez St. from Capistrano St. 6. Along Pabayo and T. Saco Streets from Dolores towards Clementino Chaves St. up to 15th-26th St., Nazareth. 7. Greater portion of Macasandig, all of Tibasak, all the way to Taguanao. CHARLIE FEEDER #2: 1. Portions of T.Chavez St. from Corrales Ave. up to Tiano Bros. St. including portions of A.Velez St from Hayes St.. 2. Along Hayes St. from Camaman-an towards V.Roa St. up to corner J.Ramonal Ext., including Pinikitan, Adela, Balangiao area, Quirino St. and Yacapin Ext.; portions of Macasandig, XU Grade School areas. 3. Along J.Ramonal Ext. from Sto. Niño, Cogon towards V.Roa St., R.Chavez St. up to Corrales Ave. corner A.Luna St.; D. Velez St & Yacapin St., JR Borja Sts between V. Roa St. and Mortola St.(PNB/Everbest) towards Daumar Sts. To Yacapin Ext. up to Doña Nieves St. 4. Along Corrales Ave. towards FICCO, Nazareth, including Yacapin Street Towards Capistrano St., 5. Greater portion of Nazareth; greater portion of Ramonal Village. From Hayes-12th Sts up to T.Saco-14th Sts. ,T.Saco-6th Sts.,14th-21st Sts., and 15th-21st Sts. CARMEN FEEDER #3: 1. Portions of Carmen: along vicinities of Villarin St. towards portion of Canitoan-Pagatpat Road; including St. Mary’s Academy (formerly Cathedral School of Technology), Golden Village, City Hospital-DOH Area, COWD reservoir and Seriña St. from Villarin St. down to Madonna and Child Hospital. 2. M.Suniel St. from Villarin St. down towards portion of Mabolo St.; including Matilde Neri St., Dabatian St. and Cagayan de Oro College area; and; portion of Lirio St. area. 3. Portions of Upper Carmen towards Dagong including SM CITY; PRYCE HOTEL; SPUM & SEARSOLIN. PUEBLO FEEDER #2: 1. Portion of Upper Carmen, Upper Balulang and all of Brgy. Lumbia including; PNR Sawmill, Shop and transmitter; Pueblo de Oro, Camella Homes, Xavier Estates, Xavier Heights, Xavier High School, La Buena Vida, Frontiera and Montana subdivisions; CAA-BAT Lumbia Airport & Rio Verde. TAGOLOAN FEEDER #1 (34.5-KV): 1. Portion of Natumulan down to Casinglot, Tagoloan.

Power will however be restored immediately without further notice when line works are completed earlier than scheduled.

We hope the affected customers and the public in general

will be guided by this announcement. Thank you.

Released by:

Ms. Marilyn A. Chavez Senior Manager Customer & Community Relations Dept.