The day's market - November 21, 2007

DOW JONES INDUSTRIAL AVERAGE (DJIA) summary

Index Value: 13,010.14
Trade Time: Nov 20
Change: 51.70 (0.40%)
Prev Close: 12,958.44
Open: 12,955.92
Day's Range: 12,840.17 - 13,107.37
52wk Range: 11,939.60 - 14,198.10

New York Metal and Oil Report
Gold up $15.80 to close at $793.60/$794.10

Trading in WallStreet is still volatile and it barely holds above the 13000 level. With investors sill looking for leads, the local equities market just tests the 3500 level.

PSEi previous close - 3540.61 (November 21,2007)

time----------down------------PSEi
9:31---------19.19-----------3521.42

Advancers 16 Decliners 12
Even though advancers led gainers, select blue chip issues dragged the Philippine Stock Exchange Index (PSEi) down. TEL was down at PhP 3000 from 3015 previously and AC was down at PhP 560 from PhP 570 previously.


9:32--------13.29
9:33--------16.16
9:34--------13.13
9:35--------22.51
9:37--------22.82
9:38--------25.22

9:40--------21.16
9:41--------23.25

Advancers 29 Decliners 16
PhP 43.189 vs $US 1.00

9:43-------23.92
9:44-------27.71
9:45-------30.15--------------3510.46
9:47-------25.49
9:47-------23.07
9:49-------27.99
9:51-------29.84
9:52-------30.36--------------3510.25

Advancers 30 Decliners 30

10:01------26.18
10:04------29.69

Advancers 28 Decliners 36

10:08------30.71--------------3509.90

Asian equities markets were down at this point. Hongkong is down by 557 points and Japan nearly 200 points.

10:15------23.87
10:20------21.07
10:26------22.09
10:30------20.93
10:33------22.67

Advancers 32 Decliners 48

10:38------21.55
10:39------22.89
10:45------20.62
10:46------23.00

Advancers 29 Decliners 51

10:48------26.02
10:50------26.08
10:51------25.04
10:53------29.63
10:54------31.94--------------3508.67

Advancers 28 Decliners 54

10:56------28.39
11:00------11.56

The losses are abruptly cut.

11:01------15.71
11:04------14.99
11:07------15.19
11:08------11.79
11:11-------8.45

Advancers 30 Decliners 62

11:12-------6.96
11:15-------6.80--------------3533.81

11:17-------9.70
11:24------13.26
11:25------11.55

As abruptly as the losses were cut at around 11 am; panic selling suddenly sets in. Though the index does not drop steeply, the hardest hit were the second and third liners as the number of decliners increased.

11:26------14.85

Advancers 28 Decliners 70

11:28------21.15
11:30------24.46

Advancers 27 Decliners 76
At this point, asian stock markets are still mostly lower. The Hangseng index (Hongkong) was now down by 888 points and the Japanese Nikkei still lower by around 200 points.


11:33------28.51

Advancers 25 Decliners 81
PhP 43.193 vs $US 1.00

11:37------30.41
11:38------31.13

Advancers 23 Decliners 84

11:39------34.16
11:41------34.77

Advancers 21 Decliners 87

11:43------33.37

Advancers 20 Decliners 90

11:44------32.17

Advancers 19 Decliners 91

11:46------34.28

Advancers 21 Decliners 92

11:51------34.79
11:54------28.22
11:56------26.91--------------3513.70
11:57------32.48

Advancers 20 Decliners 95

11:58------34.47
11:59------32.54
12:00------35.08--------------3505.53 (the day's low)
12:01------30.12--------------3510.59 (-0.99%)
Market Close.

Advancers 24 Decliners 80

Value turnover: PhP 3.842 bn
Cross transactions: PhP 1.117 bn

Sectoral Indices:
Financial +0.23%
Services -0.08%
Holdings -0.67%
Property -0.74%
M-O -2.62%
Industrial -2.94%

THE DAY'S TOP GAINERS:
1. LIHC: PhP1.42; +49.47%
2. CSB: PhP20.00; +42.86%
3. MED: PhP0.57; +42.50%
4. JOH: PhP 1.80; +16.88%
5. LR: PhP 2.50; +8.70%

THE DAY'S BIGGEST DECLINERS:
1. LAND: PhP2.00; -20.00%
2. PO: PhP0.40; -18.27%
3. CAC: PhP1.40; -17.65%
4. SPM: PhP 1.10; -16.67%
5. AJO: PhP 0.11; -15.38%
6. SPC: PhP 2.12; -13.82%
7. EDC: PhP 6.30; -10.00%
8. LC: PhP 0.45; -10.00%


TOP TRADED STOCKS:
VALUE TURNOVER:
1. TEL: PhP462 mn (close: PhP3,020.00; +0.16%)
2. EDC: PhP309 mn (close PhP6.30; -10.00%)
3. ALI: PhP242 mn (close PhP16.00; unch)

VOLUME TURNOVER:
1. MA: 384 mn (close: PhP0.026; -7.14%)
2. PA: 352 mn (close: PhP0.23; -2.13%)
3. LC: 192 mn (close PhP0.45; -10.00%)