The day's market - July 26, 2007

The Dow Jones Industrial Average (DJIA) rose 68.12 points and closed at 13,785.07 overnight in WallStreet.

The modest rebound in the US equities market somehow calmed the jittery investors in the Philippine Stock market. The PSEi traded in a narrow 25 point range with a slight upward bias.

PSEi previous close - 3645.51 (July 25, 2007)

time--------------change--------------PSEi
9:31------------down 0.44------------3645.07
9:32------------------2.68
9:33------------------4.20-----------3641.31 (the day's low)
9:33------------------2.30

After a listless start, the market moves to higher ground.

9:35--------------up 1.83
9:37-----------------5.00
9:39-----------------5.12
9:42-----------------7.09
9:45-----------------7.69
9:46-----------------8.11
9:54-----------------9.03
9:58----------------12.91
10:01---------------13.56
10:08---------------17.39
10:14---------------17.75
10:16---------------18.45----------3663.96

After a slow ascent, the market abruptly corrects; and then tries to climb higher again

10:19------------up 9.18
10:28--------------11.11
10:31--------------13.13
10:36--------------13.70
10:39--------------14.01
10:44--------------17.35
10:45--------------20.49
10:50--------------20.78----------3666.29 (the day's high)

The market now goes into a slow descent.

10:52-------------18.61
10:54-------------16.90
11:09-------------12.32
11:15--------------7.58
11:22--------------6.28
11:28--------------4.63
11:34--------------3.17
11:41--------------0.07-----------3645.58

The PSEi is back to where it started. It however was able to keep itself in the positive territory.

11:42-----------up 0.26
11:43--------------0.76
11:45-------------4.22
11:51-------------4.90
11:52-------------5.60
11:55-----------10.72
11:56-----------11.70
11:59------------7.93
12:01-----------14.17-------------3659.68 (+0.39%)
Market Close.

Advancers 51
Decliners 59

The market remains tentative. The performance of the US equities market may give local investors direction in the next day's trading.

Value turnover PhP 7.107 bn
Cross transactions PhP 2.314 bn

Block Sales PhP 11.440 bn
The block sales included 1.629 bn shares of VLL at PhP 6.85. It has just concluded its shares offer and resumed its trading today.
Vista Land and Lifescapes, Inc. (VLL)
Share Offer price: PhP 6.85
Previous close: PhP 7.10
open: PhP 6.80
high: PhP 6.90
low: PhP 6.60
close: PhP 6.90
Volume turnover: 272,377,000 shares
Value turnover: PhP 1,836,557,100

Sectoral Indices.
M-O +1.85%
Industrial +0.83%
Services +0.61%
Financial +0.20%
Property +0.18%
Holdings -0.59%

TOP GAINERS:
Stock---------------Price-------------% up
KEP--------------PhP 2.90----------18.85%
MIC--------------PhP 8.80----------14.29%
OPMB------------PhP 0.027----------8.00%

BIGGEST DECLINERS:
Stock--------------Price-----------(% down)
BRN--------------PhP 1.96---------(14.78)
FED--------------PhP 18.00--------(14.29)
TDY--------------PhP 3.90---------(9.30)