The day's market - September 27, 2007

The Dow Jones Industrial Average (DJIA) advanced by 99.50 points and closed at 13878.15.

The advance in WallStreet buoyed up sentiment and the local equities followed suit; ahead of the end-3rd Qtr window dressing.
***Yesterday, the chart gap at the 3491 level was closed

PSEi previous close - 3475.75 (September 27, 2007)

time------------up------------------PSEi
9:31-----------45.78----------------3521.53

The 3500 level was easily breached.
Advancers 36 Decliners 2
PLDT opened at PhP 2895 from its previous close at PhP 2845

9:32-----------48.41
9:33-----------49.43

The day's initial surge is observed to be broadbased.
Advancers 45 Decliners 4
PLDT PhP 2910.
Property +2.81%
Services +2.18%
M-O +0.83%
Holdings +0.55%
Financial +0.54%
Industrial +0.14%

9:34-----------52.94
9:35-----------54.41
9:36-----------58.52
9:38-----------61.69

Advancers 48 Decliners 7
PLDT at PhP 2920

9:39-----------62.76
9:40-----------65.80
9:41-----------67.87
9:44-----------68.05

Advancers 55 Decliners 8
PLDT at PhP 2920
Property +3.78%
Services +2.60%
Holdings +1.25%
Financial +1.05%
M-O +1.01%
Industrial +0.40%

9:46----------69.29
9:47----------69.94
9:54----------71.42

Advancers 58 Decliners 14
Property +3.69%
Services +2.54%
Holdings +1.60%
Financial +1.05%
Holdings +0.78%
M-O +0.75%

9:59---------73.03-----------------3548.78

The market consolidates near the 3550 level in the next hour and a half.

10:06--------72.77
10:13--------72.86
10:16--------72.86
10:18--------75.82----------------3551.57

10:24--------75.43
10:26--------76.75
10:42--------76.89----------------3552.64

10:46--------71.55
10:51--------68.26
10:53--------67.41----------------3543.16

11:04--------69.15

Advancers 80 Decliners 30

11:12--------70.49

Advancers 84 Decliners 33

11:14--------73.23
11:16--------74.12
11:17--------77.16
11:25--------78.54--------------3554.29

The market was able to hold and consolidate its gains. The advance was sustained and it moves to higher levels in the last 30 minutes of trading.
Advancers 86 Decliners 29
Property +3.31%
Services +2.67%
Holdings +2.06%
Financial +1.70%
Industrial +1.13%
M-O +0.70%

11:33-------80.22---------------3555.97
11:36-------84.33

11:38-------83.49
11:40-------81.86
11:44-------84.11
11:45-------85.96
11:46-------83.10

11:49-------89.01
11:51-------89.89
11:52-------90.99
11:55-------93.23

Advancers 92 Decliners 27

11:59-------98.31

Advancers 94 Decliners 27

12:01-----101.76--------------3577.51 (+2.93%)
Market Close.

Advancers 96
Decliners 25

Value turnover: PhP 5.926 bn
Cross transactions: PhP 2.242 bn

Property +4.57%
Holdings +3.46%
Services +3.01%
M-O +1.91%
Financial +1.90%
Industrial +1.34%

The PSEi closed at its day's high with better volume turnover and with a broader based advance.
Momentum may carry the market to test the 3600 level.
There is a chart gap at the 3641-3588 opened last July 26-27, 2007.
PLDT closet at PhP 2940. There were only two index issue decliners.

The Day's Top Gainers:
ISM: PhP 0.045; +50.00%
MPI: PhP 4.40; +20.55%
ZHI: PhP 0.72; +20.00%
PO: PhP 0.70; +17.07%
IMP: PhP 17.00; +13.33%
MPIW: PhP 3.20; +12.28%
NI: PhP 18.50; +12.12%
FLI: PhP 1.66; +10.67%

The Day's Biggest Decliners:
ICTV: PhP 3.25; -13.33%
VITA: PhP 0.35; -10.26%

The Best Index Issue Performers:
BDO +7.27%
SMPH +6.67%
MEG +6.35%
FPH +5.39%
AC +4.90%
SECB +4.35%

PSEi Movers
TEL +31.28 pts
AC +15.17 pts
ALI +8.77 pts
SMPH +8.65 pts
MEG +6.29 pts
ABS -0.50 pts
LCB -0.29 pts