Monday, March 12, 2007

The day's market - March 12, 2007

The local stock market again advanced and locked in modest gains as it closed near its high. It is currently trying to build a base at the 3,100 level as it also slowly regains investor confidence in equities .

PSEi previous close 3099.82 (March 9, 2007)

time--------------------PSEi--------------up
open(9:31am)----------3107.37----------7.55
high--------------------3126.38---------26.56
PhP vs $(10:06 am)--------PhP 48.442
low(9:32am)-------- ---3103.66---------3.84
close(12:01)------------3124.96---------25.14 (0.81%)

Advancers 61
Decliners 25

Sectoral Indices were mostly up. Only the M-O (-0.35%) counter closed lower.
The Financial (+1.45%); Holdings (+1.27%) and Industrial (+0.82% ) sectors led the advance.

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