The day's market - November 14, 2007

Market Comments:
BusinessWorld - November 14,2007


DOW JONES INDUSTRIAL AVERAGE (DJIA) summary
Index Value: 13,307.09
Trade Time: Nov 13, 2007
Change: Up 319.54 (2.46%)
Prev Close: 12,987.55
Open: 12,975.11
Day's Range: 12975.11 - 13319.45
52wk Range: 11,926.80 - 14,280.00

The huge rally in WallStreet overshadowed the news of the explosion in the entrance lobby of the Batasan Complex (Congress) in Quezon City last night. After initial apprehension before trading, the market immediately opened up and investors followed suit to push the market higher.

PSEi previous close - 3599.49 (November 13, 2007)

time------------time------------PSEi
9:31-----------24.53-----------3624.02

Advancers 26 Decliners 2
M-O +2.58%
Property +1.39%
Holdings +0.84%
Industrial +0.72%
Financial +0.12%
Services +0.01%

9:32-----------25.75

Advancers 31 Decliners 5

9:33-----------26.67
9:34-----------31.45
9:35-----------51.31
9:36-----------60.48

Advancers 46 Decliners 6

9:37-----------61.05
9:40-----------67.45----------3666.94

Advancers 51 Decliners 2
The Peso was at PhP 42.948 vs the $US.
The PSEi starts to cover the Chart gap (3692-3667) left opened by the sudden drop on Monday (Nov. 12, 2007) from last Friday's close (Nov. 9, 2007).

9:42---------69.43
9:44---------70.00
9:45---------73.71
9:48---------74.75
9:49---------77.46
9:50---------82.48------------3681.97

9:51--------85.52
9:3---------89.90------------3689.39
9:54--------83.65

Advancers 62 decliners 7

9:55-------85.52
9:56-------87.37
9:58-------88.37
9:59-------91.41
10:01------93.75---------------3692.60

The 3692-3667 Chart gap is closed.

10:03------97.50
10:04-----100.83---------------3700.32(the day's high)

Advancers 67 Decliners 9
TEL was at PhP 3050 from PhP 3005 previously.
AC was at PhP 605 fro PhP 570 previously.
The market has zoomed up by a hundred points alrady in just a little over half an hour. It retreats slightly.

10:07------94.91
10:10------97.50

PhP 42.931 vs $US 1.00

10:14-----93.05
10:19-----91.07
10:22-----92.57
10:25-----93.54
10:28-----89.08---------------3688.57

Advancers 78 Decliners 11

10:33-----91.63
10:39-----90.74
10:40-----88.15

Advancers 80 Decliners 16
The number of decliners increases and market heads lower.

10:45-----87.42

Advancers 80 Decliners 18

10:46-----84.38
10:47-----82.50
10:48-----80.64

The market consolidates its gains for the rest of the trading session.

10:52-----79.58

Advancers 80 Decliners 20

10:53-----78.00
10:57-----78.98

Advancers 80 Decliners 25

11:01------76.43
11:02------74.79
11:05------74.08
11:06------73.14
11:08------75.95
11:16------74.78
11:24------76.02

Advancers 82 Decliners 30

11:28------77.01
11:31------75.90
11:37------77.05
11:43------76.08
11:48------78.74
11:53------81.19
11:56------83.44
11:58------83.90
11:59------85.55
12:01------82.13--------------3681.62 (+2.28%)
Market close.

Advancers 90
Decliners 28

Value turnover: PhP 4.902 bn
Cross tranactions: PhP 2.235 bn

Sectoral Indices.
M-O +4.06%
Property +3.79%
Holdings +2.34%
Financial +2.28%
Services +1.12%
Industrial +1.02%

The Day's Top Gainers:
LC: PhP 0.48; +17.07%
MIC: PhP 6.40; +16.36%
LCB: PhP 0.52; +13.04%
FJP: PhP 1.58; +12.86%
OMW2: PhP 0.0095; +11.76%

The Day' Biggest Decliners:
LR: PhP 2.50; -7.41%
ACR: PhP 0.82; -6.82%
APM: PhP 0.014; -6.67%