The day's market - April 10, 2007

The Philippine Stock Exchange opened after the Holy Week and Araw ng Kagitingan trading break. The PSEi moved in a narrow range at the 3,300 resistance level as it consolidated after last weeks rally and with some investors still on a holiday mode.
US markets also failed to provide direction, as the Dow Jones Industrial Average (DJIA) closed higher by only 8.94 points on Easter Monday trading. It closed at 12,569.14.

PSEi previous close - 3294.23 (April 4, 2007)

time-----------------change-----------------PSEi
9:31-----------------up 9.02
9:37--------------------3.62
10:14-----------------11.52
10:28------------------6.27
10:33------------------3.91
10;45------------------7.80
10:46------------------1.23
10:51------------down 1.13
10:57------------------2.77
11:07------------------0.41
11:17---------------up 1.57
11:26------------down 2.20
11:35------------------4.35
11:41------------------0.31
11:46---------------up 2.87
11:56------------------5.29
12:01-----------------10.19 (+0.31%)---------3304.42
Market Close.

Top Gainers
OPM PhP 0.017 +13.33%
OPMB PhP 0.018 +12.50%
MEG PhP 3.95 +8.22%

Largest Decliners
FCC PhP 3.10 -8.82%
MHC PhP 0.51 -7.27%
UW PhP 0.19 -5.00%

Biggest Trading Volume
FPH PhP 518 mn PhP 75.00 unch
TEL PhP 453 mn PhP 2530.00 -1.17%
MBT PhP 427 mn PhP 64.50 +1.57%

Sectoral Indices
M-O +1.57%
Property +1.06%
Holdings +0.72%
Financial +0.60%
Industrial +0.58%
Services -0.84%

Advancers 69
Decliners 32

Volume PhP 4.251 bn

With the Philippine stock market closing the trading session on a strong note and staying above the 3,300 level, the local equities market is seen to attempt to close the gap at the 3,324 level.