Market Matters - July 29, 2007

The Dow Jones Industrial Average (DJIA) continued to post huge losses as it fell by 208.10 (-1.54%) points on Friday and closed at 13265.47 . It was the second straight day of triple digit losses in Wall Street.




Excerpt from interview regarding friday's trade at the Philippine Stock Exchange (PSE).

............"Investor sentiment, already hurt by Wall Street, was aggravated by the (technical) glitch"....................
Source: Philippine Daily Inquirer - July 28, 2007





The week that was : (JULY 23-27, 2007)

----------------LAST WK----THIS WK-----(down)-----(% CHNG)
PHISIX---------3,738.28-----3,518.76-----219.52-----(-5.87%)
HOLDINGS-----2,253.52-----2,068.24-----185.28-----(-8.22%)
INDUSTRIAL---5,133.90-----4,799.22-----334.68-----(-6.52%)
PROPERTY-----1,849.79-----1,696.15-----153.64-----(-8.30%)
FINANCIAL------996.93-------946.68------50.25-----(-5.04%)
MINING-OIL---6,753.70-----6,580.59-----173.11-----(-2.56%)
ALL SHARES---2,421.92-----2,283.23-----138.69-----(-5.72%)


TOP GAINERS:
1. FED: PhP20.00;+81.82%
2. T: PhP4.40;+49.15%
3. VVT: PhP2.90; +45.00%

WORST DECLINERS:
1. JOH: PhP3.00; -30.23%
2. APR: PhP4.00; -28.57%
3. IMP: PhP20.00; -23.08%

VALUE TURNOVER:
1. VLL: PhP2,785 mn (close: PhP6.50; -8.45%)
2. EDC: PhP2,357 mn (close: PhP6.50; -1.52%)
3. ALI: PhP1,994 mn (close: PhP16.50; -8.33%)