The day's market - September 28, 2007

The Dow Jones Industrial Average (DJIA) was up by 34.79 points and closed at 13912.94.

PSEi previous close - 3577.1 (September 27, 2007)

time-----------change-----------PSEi
9:31----------up 7.68----------3585.19
9:32------------19.64
9:33------------24.93----------3602.44

Momentum from yesterday's surge; carried the market past the 3600 level early in the trading day. The expected window dressing today boosted market expectations.

9:33---------up 33.43
9:36------------34.06
9:38------------35.18
9:39------------39.65----------3617.16 (day's high)

After another fast rise in the market, investors chose to lock in profits ahead of the weekend.

9:43--------up 32.66
9:44-----------30.08
9:45-----------27.11
9:50-----------23.74
9:51-----------22.49-----------3600.00

Advancers 40 Decliners 19
The market falls below the 3600 level. The decline accelerated and the positive sentiment earlier was erased.

9:55--------up 19.28
9:59-----------18.07
10:00----------17.12
10:07----------16.09
10:10----------15.52
10:11----------14.66
10:15----------13.48
10:18-----------9.03
10:19-----------4.64----------3582.15

10:21-----------7.22
10:30-----------6.84

The market struggled to stay in the positive territory in the next half hour.

10:32------down 0.34

10:33--------up 5.62
10:34-----------2.96
10:36-----------1.25

10:39------down 0.61

10:41--------up 0.94
10:43-----------1.52
10:46-----------0.38
10:50-----------0.67

10:51------down 4.33
10:53-----------5.55

Advancers 48 Decliners 58

10:54------down 0.48

10:55--------up 0.85
10:56-----------1.79

10:58------down 3.64
10:59-----------4.86

Advancers 48 Decliners 62
The market dropped to lower levels in the next half hour.

11:01------down 10.09
11:02-----------12.18
11:05-----------10.15
11:08------------5.15
11:09------------6.94
11:12-----------10.62
11:15------------8.60
11:20------------7.77
11;21-----------12.56
11:22-----------14.52--------3562.99 (day's low)

11:26-----------11.23
11:33-----------13.33
11:37-----------11.85

Advancers 53 Decliners 65
The market capped its losses in the final minutes of trading

11:41------down 10.64
11:48------------6.13
11:49------------5.48

11:51--------up 1.22

11:53------down 2.24
11:55-----------4.43
11:56-----------2.32
11:57-----------0.67
11:58-----------1.14
11:59-----------0.43
12:01-----------4.61----------3572.90 (-0.13%)
Market Close.

Advancers 56
Decliners 54

Value turnover: PhP 5.617 bn
Cross transactions: PhP 1.988 bn
Block sales: PhP 608 mn

Profit taking limited the end-quarter window-dressing to yesterday's big gains.Yesterday's jump opened a chart gap at the 3491 - 3521 level.

Sectoral Indices.
Holdings +1.75%
M-O +0.63%
Property +0.41%
Industrial +0.29%
Financial +0.13%
Services -1.24%

The Day's Top Gainers:
APR: PhP 3.80; +26.67%
SGI: PhP 0.72; +18.03%
PEP: PhP 0.68; +13.33%
VITA: PhP 0.39; +11.43%

The Day's Biggest Decliners:
MHC: PhP 0.55; -25.68%
GO: PhP 0.26; -13.33%
MPI: PhP 3.90; -11.36%



WEEK's BEST PERFORMERS
DHC: PhP 9.00; +76.67%
ISM: PhP 0.048; +60.00%
ICTV: PhP 3.00; +45.63%
NI: PhP 20.00; +42.86%
ZHI: PhP 0.72; +35.85%
PEP: PhP 0.68; +28.30%
SPM: PhP 1.40; +25.00%
GEO: PhP 2.36; +20.41%
PO: PhP 4.80; +20.00%
FLI: PhP 1.74; +19.18%
GOB: PhP 0.33; +17.86%
IMP: PhP 17.00; +17.24%
APR: PhP 3.80; +16.92%
ION: PhP 1.80; +16.88%