The day's market - October 04, 2007

The Dow Jones Industrial Average (DJIA) fell by 79.26 points and closed at 13,968.05 points.

PLDT ADRs was lower by $1.50 and Gold prices also declined by $1.10 an ounce.

PSEi previous close - 3769.82 (October 03, 2007)

time-----------change------------PSEi
9:31--------down 29.62-----------3740.20

The market started weak as PLDT opened at PhP 3000 from its previous close of PhP 3040.

9:32--------down 28.54

Advancers 10 Decliners 23

9:34--------down 33.44
9:35-------------36.93----------3732.89 (day's low)

9:36--------down 30.70
9:37-------------25.43

9:38--------down 27.30
9:39-------------30.21

9:40--------down 29.87
9:41-------------27.99
9:42-------------25.68
9:43-------------21.34
9:44-------------19.54
9:45-------------17.97
9:46-------------17.49
9:50-------------15.92
9:51-------------13.59
9:53-------------12.99

Advancers 17 Decliners 38

9:54--------down 13.62
9:57-------------15.91
9:58-------------17.10

10:00-------down 14.37
10:01------------13.44
10:02------------12.50
10:03------------10.62
10:04-------------9.51
10:05-------------6.06
10:06-------------2.39

Advancers 23 Decliners 41

10:07-------down 0.99

Advancers 26 Decliners 39

10:08-------down 4.02
10:10------------5.62
10:12------------3.72

10:13---------up 1.19

The market moves into positive territory after a soft start. Advancers 33 Decliners 37.

10:14--------up 7.11
10:15----------10.40
10:16----------11.34
10:17----------13.81

TEL was at PhP 3045. Advancers 35 decliners 36

10:18-------up 14.66
10:19----------17.60
10:20----------18.19
10:21----------19.83
10:22----------22.04

Advancers 39 Decliners 39

10:23------up 26.78

10:24------up 23.89
10:25---------25.44
10:26---------29.63
10:27---------31.48-------------3801.30 (the day's high)

The 3800 level was tested.

10:29------up 30.28
10:31---------29.01
10:34---------31.33

Advancers 50 Decliners 36

10:35------up 30.74-------------3800.56
10:36---------27.71-------------3797.53

The PSEi hovers at the 3800 level.

10:37------up 25.77
10:38---------24.83
10:40---------28.30
10:41---------29.97-------------3799.79

The market fails to hurdle and stay above the 3800 level. Profit taking set in and selling pressure increased. This prompted a pullback.

10:44------up 25.66
10:46---------22.70
10:47---------20.12

10:48------up 24.61
10:50---------21.99
10:51---------17.74
10:53---------15.78

10:53------up 17.43
10:54---------16.49
10:59---------19.51
11:04---------14.57
11:05---------13.35
11:10---------17.47
11:11---------13.65

11:14------up 16.53
11:19---------17.47

11:27------up 10.35
11:28---------11.68
11:29----------7.80

11;30------up 10.84
11:32---------13.04
11:36---------11.83
11:39---------13.02
11:41---------13.45
11:43----------9.21
11:44----------4.77--------------3774.59

11:45-------up 9.19
11:46---------12.80
11:47---------13.09
11:49---------15.42
11:54---------17.71
11:58---------18.38--------------3788.20

11:59------up 14.63
12:01----------5.64--------------3775.46 (+0.15%)
Market Close.

The market is not only tentative, but also getting volatile.

Advancers 61
Deciners 63

Value turnover: PhP 8.196 bn
Cross transactions: PhP 3.295 bn
Sectoral Indices.
Financial +0.82%
Services +0.46%
Holdings +0.06%
Property -0.37%
Industrial -0.38%
M-O -1.58%

The Day's Top Gainers:
PA: PhP 0.235; +27.03%
GO: PhP 0.34; +21.43%
PO: PhP 5.50; +14.58%

The Day's Biggest Decliners:
CAC: PhP 1.52; -15.56%
SPM: PhP 1.22; -12.86%
ARA: PhP 0.71; -10.13%