The day's market - January 14, 2008

With WallStreet dropping steeply on Friday; sentiment again was down in the local equities market. The Philippine Stock Exchange Index (PSEi) traded lower in a narrow range around the 3480 level.

PSEi previous close - 3503.70 (January 11, 2007)

time------------down-----------PSEi
9:31------------23.54---------3480.16

Advancer 1 Decliners 18

9:32------------27.06

Advancers 5 Decliners 19

9:36------------25.57
9:38------------31.24

PhP 40.597 vs US$ 1.00

9:39------------32.73---------3470.97

Advancers 6 Decliners 24
Value turnover at PhP 67.719 mn

9:40------------34.19
9:41------------34.83
9:44------------35.56

PLDT (TEL) has not yet traded. Previous close is at PhP 3085. Buying at PhP 3020; Selling at PhP 3050.

9:49------------36.71----------3466.99
9:51------------33.79
9:53------------27.49
9:55------------26.00
9:56------------24.40----------3479.30

9:57------------26.26
10:02-----------30.83
10:04-----------32.69
10:05-----------35.56
10:08-----------36.77----------3466.93

PhP 40.589 vs US$ 1.00

10:14-----------35.19
10:16-----------38.85----------3464.85

10:17-----------34.22
10:18-----------49.09----------3454.61

TEL opened at PhP 3035.
Advancers 18 Decliners 53

10:19-----------49.82----------3453.88 day's low

The 3450 level is tested.

10:20-----------45.65
10:21-----------44.17
10:30-----------47.76

Advancers 20 Decliners 59

10:33-----------48.04
10:37-----------44.61

PhP 40.585 vs US$ 1.00

10:43-----------42.98
10:51-----------42.30
10:52-----------39.43
10:56-----------40.56
11:00-----------42.32

11:03-----------37.41
11:05-----------36.19
11:08-----------33.52
11:11-----------34.20
11:19-----------31.28----------3472.42

Advancers 24 Decliners 67
Value turnover at PhP 1.189 bn

11:21-----------34.52
11:24-----------34.65
11:28-----------33.13
11:29-----------30.26----------3473.44
11:36-----------31.22
11:38-----------32.26
11:40-----------33.21

PhP PhP 40.584 vs US$ 1.00

11:43-----------35.78
11:44-----------37.27
11:45-----------38.98----------3564.72

11:47-----------36.96
11:49-----------38.70----------3465.00

11:51-----------36.73
11:54-----------37.77

The market was able to limit its losses in the last minutes of the trading session.

11:55-----------34.45
11:57-----------34.23
11:58-----------30.46
11:59-----------29.62
12:01-----------21.42----------3482.28 (-0.61%) day's high
Market Close.

Advancers 27
Decliners 70

Value turnover: PhP 2.206 bn
Cross transactions: PhP 1.008 bn

Sectoral Indices.
Holdings +0.95%
Financial -0.27%
M-O -0.59%
Property -1.00%
Services -1.15%
Industrial -1.67%

The Day's Top Gainers:
ETON: PhP 3.95; +8.22%
ACR: PhP 0.70; +4.48%
CAC: PhP 1.94; +4.30%

The Day's Biggest Decliners:
CA: PhP 30.00; -16.67%
VVT: PhP 6.10; -11.59%
IS: PhP 0.135; -10.00%