The day's market - September 14, 2007

The Dow Jones Industrial Average (DJIA) was up 133.23 points (+1.00%) and closed at 13424.88 as the " probability of expectations" of a 1/2 percentage point cut in the Fed Reserve rates rose.

The rise in WallStreet did not affect the local equities market as it continues to consolidate at the 3300 level. The market though, stayed in the positive territory for the whole trading session.

PSEi previous close - 3289.22 (September 13, 2007)

time-------------up--------------PSEi
9:31-----------11.30-----------3300.52
10:08-----------7.97
10:15-----------8.40
10:25----------11.77-----------3300.99

The market tries to stay above the 3300 level and advance further.

10:31----------13.21-----------3302.43
10:32----------17.59
10:40----------18.35
10:53----------19.65
11:03----------20.12-----------3309.34 (day's high)

11:07-----------14.80
11:14-----------11.56
11:28------------7.52
11:35------------6.11
11:40------------8.89

11:49------------3.79----------3293.01
11:50------------5.87
11:52------------9.75
11:56-----------12.13----------3301.35

11:58-----------11.38----------3300.60

The market fails to hurdle the 3300 level but kept within striking distance.

11:59------------8.12
12:01------------5.33----------3294.55 (+0.16%)
Market Close.

Advancers 52
Decliners 36

Value turnover PhP 4.313 bn
Cross transactions: PhP 2.740 bn

Sectoral Indices were mixed.
M-O +2.65%
Holdings +0.84%
Services +0.47%
Property -0.02%
Industrial -0.07%
Financial -0.57%

The Day's Top Gainers:
PO: PhP 3.90; +13.04%
CAC: PhP 1.80; +12.50%
OV: PhP 0.025; +8.70%

The Day's Biggest Decliners:
FED: PhP 8.00; -21.95%
SOC: PhP 1.42; -5.33%
PA: PhP 0.185; -5.13%