BusinessWorld May 10, 2007
The Philippine Stock Market resumed its consolidation even if the US DJIA advanced more than 50 points overnight and close at 13362.87. Investors turned tentative. It was more of a waiting game for both buyers and sellers.
PSEi previous close 3345.98 (May 09, 2007)
time-------------change---------------PSEi
9:31--------------unch
9:32-------down 4.52
9:36--------------5.00
9:44--------------2.90
9:59--------------5.46
10:01-------------6.08
10:02-------------6.52
10:10-------------3.64
10:19-------------4.20
10:22-------------3.99
10:23-------------2.23
10:33-------------6.22
10:54-------------5.51
10:57-------------7.48
11:00-------------8.08--------------3337.90(the day'slow)
11:02-------------6.07
11:04-------------4.10
11:09-------------2.66
11:16-------------6.43
11:34-------------7.83
11:41-------------2.23
11:42-------------1.30
11:48-------------0.92
11:50-------------0.08
The market finally managed to inch up, but it was shortlived.
11:51----------up 1.51
11:54-------------2.06
11:56--------down 4.46
11:58-------------6.93
11:59-------------4.50
12:01-------------3.77-------------3342.21
Market Close .
The PSEi moved in a very narrow 10 point range. Support remains at 3,320 and resistance at 3,350.
Advancers 65
Decliners 52
Advancers outnumbered Decliners as market punters concentrated on the second and thirdliners.
Value turnover PhP 4.768 bn
Cross transactions PhP 1.071 bn
Block transactions PhP 1.082 bn
Net value turnover was lower as more than PhP 2.0 bn were crosses and block sales.
Sectoral Indices
M-O + 1.49%
Industrial + 1.16%
Services +0.07%
Property -0.26%
Holdings -0.40%
Financial -0.82%
The different sectors closed mixed.
No comments:
Post a Comment