The Philippine Stock Exchange Index (PSEi) tests the 3,700 level - June 15, 2007

With the US DJIA closing higher by 71.37 points (to close at 13,553.72) overnight, there was no stopping the momentum built from yesterday's record breaking run.

PSEi previous close - 3628.62 (June 15, 2007)

time----------up-------------PSEi
9:31---------28.50-----------3657.12

Within 8 minutes, the market neared the 3,700 level and reached its intraday high.

9:32---------36.59
9:33---------55.18
9:34---------58.32
9:35---------63.58
9:38---------65.05---------3693.67 (a new all time high)

As expected, after going up very fast and after testing a resistance level, a correction ensued.

9:40--------61.26
9:42--------58.10
9:44--------55.31
9:46--------54.13
9:48--------53.29
9:48--------50.94
9:50--------46.51
9:54--------46.15
10:00-------46.09
10:01-------44.93
10:06-------41.54
10:07-------40.61
10:08-------38.96--------3667.58

The market gave back 40% of its gains in the last 20%. For the rest of the trading day, the market cosolidated its gains.


Up.

10:27--------46.34
10:38--------48.07
10:46--------47.07
10:55--------49.72-------3678.34

Down.

11:14---------38.76
11:29---------36.53
11:30---------34.51
11:41---------33.70--------3662.32

Up.

11:42---------47.31
11:50---------49.74
11:59---------50.99--------3679.61

Down.

12:01---------42.67--------3671.29 (+1.18%)
Market Close.

Advancers 67
Decliners 49

Value turnover PhP 19.659 bn
Cross transactions PhP 1.672 bn
Block Sales PhP 13.717 bn

The Block sale involved San Miguel Shares.
The Peso was trading at PhP 46.591 vs $ 1.00 in the morning trade and asian markets were up.

Sectoral indices.
Holdings +3.08%
Propert +1.17%
Financial +1.02%
Industrial +0.72%
Services +0.20%
M-O -0.95%

Closing prices of select stocks - June 15, 2007
ABA - PhP 0.013
ALI - PhP 17.75
AR - PhP 0.015
DGTL - PhP 1.52
EIB - PhP 0.54
LOTO - PhP 15.75
MPI - PhP 4.30
NRCP - PhP 4.45
SUN - PhP 0.83
V - PhP 1.70
WEB - PhP 0.055