The day's market - March 19, 2007

Local equities is now on a consolidation phase above the 3,000 level. And once again, with lack of leads, it took its cue from the DJIA which declined 49.27 points to end at 12,110.41 on Friday. The Philippine stock market followed suit and traded lower today.

PSEi previous close 3,041.38 (March 16, 2007)

time------------change
9:31------------up 2.78
9:36------------down 1.50
9:39------------down 8.59
9:46------------down 10.98
9:48------------down 13.30
9:50------------down 8.51
9:52------------down 6.84
9:54------------down 11.45
9:55------------down 14.13
10:08-----------down 7.99
10:15-----------down 15.26
10:29-----------down 11.53
10:52-----------down 13.43
11:03-----------down 16.96
11:10-----------down 17.09
11:12-----------down 20.72
11:17-----------down 17.06
11:41-----------down 21.63
11:53-----------down 20.68
11:58-----------down 26.59
12:01-----------down 20.87 (-0.68%) -------3041.38
Market Close.

Trading was relatively unventful and was at a narrow range with a downward bias.

Value turnover was at PhP 4.523 billion with PhP 3.295 in cross transactions.

Decliners led Gainers 53 to 44.

Sectoral Indices were mostly lower.
Property -1.79%
Holdings -0.87%
Financial -0.66%
Industrial -0.05%
Services +0.05%
M-O +0.12%

Biggest index issue losers
FLI -3.61%
MER -3.60%
LC -3.57%
MEG -3.28%
LCB -3.03%

In the morning session; the peso traded at PhP 48.839- 48.855 to $ 1.00 range and the other asian equities markets were all up.