The days' market - July 19, 2007

The Dow Jones Industrial Average (DJIA) fell 53.33 points overnight in WallStreet to close at 13, 918.22

The local equities market also followed the downward sentiment. And amid the current correction the market has been in for the past days, renewed budget deficit concerns also weighed down the market.

PSEi previous close - 3734.80 (July 18, 2007)

time----------down-----------PSEi
9:32-----------16.55-----------3718.25

The market immediately fell through the minor support at 3720.

9:34----------21.19

9:43----------14.56
10:03--------18.52

10:15---------10.90-----------3723.90
10:24--------13.42
10:32--------15.32
10:37--------21.59
10:38--------23.82
10:39--------24.28-----------3710.52

10:40--------20.56
10:48--------19.50

10:50-------26.66----------3708.14
10:54-------17.64
10:57-------15.50
10:58--------14.84---------3719.96

The 3720 level has become a resistance point.

11:04--------23.23
11:08--------28.68-------3706.12

11:11---------24.13
11:26--------30.29
11:31--------31.31
11:32--------32.70
11:33-------34.34---------3700.46

The 3700 support is tested.

11:35------35.50
11:44------37.14
11:46------38.38---------3696.42 (day's low)

The last 15 minutes had the market struggling to close above 3700.

11:55------34.81--------3699.99
11:56------30.80
11:58------29.82
12:01------31.89-------3702.91 (-0.85%)
Market Close.

Value turnover PhP 4.599 bn
Cross transactions PhP 1.486 bn

Advancers 22
Decliners 103

Sectoral Indices fell across-the-board.
Property -0.18%
Services -0.33%
Financial -1.00%
Industrial -1.25%
M-O -1.25%
Holdings -1.31%

TOP GAINERS
Stock----------Price-----------% up
B---------------PhP 5.70-------14.00%
ICTV-----------PhP 2.70-------8.00%
ILIB-------------PhP 1.10-------7.84%

WORST DECLINERS
Stock----------Price----------(% down)
FED----------PhP 11.50------(23.33%)
JOH----------PhP 4.10------(16.33%)
IS-------------PhP0.225-----(13.46%)

TOP INDEX ISSUE GAINERS
Stock-----------% up
BEL-----------2.53%
SMPH--------1.92%
SM------------1.16%

WORST INDEX ISSUE DECLINERS
Stock---------(% down)
PCOR---------(4.69%)
MBT----------(4.29%)
JGS-----------(4.00%)
FPH----------(3.37%)
MA-----------(3.23%)

BIGGEST VALUE TURNOVER
Stock--------turnover in PhP-----Price--------(% change)
MBT--------PhP 860 mn------PhP 67.00------(-4.29%)
TEL---------PhP 322 mn-------PhP 2700.00--(-0.18%)
SM----------PhP 301 mn-------PhP 437.50-----(+1.16%)

BIGGEST VOLUME TURNOVER
Stock-------no. of shares---------Price---------(% change)
APM-------584 mn-------------PhP 0.018------(+5.88%)
ABA--------378 mn-------------PhP 0.020-----(-7.69%)
OM---------364 mn-------------PhP 0.019------(-5.00%)