The day's market - February 14, 2008

DOW JONES INDUSTRIAL AVERAGE(DJIA) summary
Index Value: 12,552.24
Trade Time: Feb 13
Change: Up 178.83 (+1.45%)
Prev Close: 12,373.41
Open: 12,368.12
Day's Range: 12367.80 - 12573.13

WallStreet had a big rally once again to break above the 12,500 level and close near its day's high. It has risen around 370 points in the past three trading days.

The past day's advances in the DJIA buoyed up the local equities market at the opening bell.

PSEi previous close - 3223.35 (February 13, 2008)

time-------------change-----------PSEi
9:31-----------up 16.53----------3239.88

Advancers 17 Decliners 2

9:32-----------up 17.73----------3241.08

The 10 day moving average (m.a) which was at 3240 was tested.

9;33-----------up 11.90
9:38--------------10.96

PhP 40.938 vs US$ 1.00

9:40----------up 18.79
9:41-------------19.19
9:43-------------22.06
9:44-------------22.22-----------3245.62 (day's high)
9:50-------------20.65
9:52-------------14.49
9:57-------------13.33
10:03------------12.67
10:04------------11.54
10:06------------11.24
10:09------------10.22
10:11-------------9.18-----------3232.53

Advancers 27 Decliners 27

10:15---------up 12.32-----------3235.67
10:20------------10.38
10:22-------------7.64-----------3230.99

Advancers 29 Decliners 34
Sentiment has reversed. The number of issues trading lower was increasing. A possible cause of investor worry and cautiousness is the renewed political ramblings which will result in another rally tomorrow in the Makati Financial district.

10:23---------up 6.15
10:24------------6.01
10:25------------5.61
10:30------------2.82
10:33------------2.42------------3225.77

Advancers 26 Decliners 40
The Philippine Stock Exchange Index (PSEi) struggles to stay in positive territory for the next hour.

10:35---------up 3.57
10:36------------5.12

PhP 40. 934 vs US$ 1.00

10:37---------up 6.61
10:38------------7.86
10:48------------6.81
10:50------------9.55-------------3232.90
10:52------------8.00
10:53------------5.92
10:57------------7.17

Advancers 31 Decliners 41

11:01------------6.06
11:03------------5.28
11:05------------3.73
11:06------------2.47-------------3225.82
11:09------------4.03
11:11------------2.85
11:17------------2.85
11:19------------3.98
11:20------------0.64-------------3223.99

Advancers 29 Decliners 43

11:21---------up 6.07
11:24------------6.51--------------3229.86
11:26------------1.13
11:27------------0.46
11:28------------0.08--------------3223.43
11:31-------down 1.35--------------3222.00

The market succumbs to selling pressure and goes into the RED.

11:32-------down 2.60
11:33------------4.49
11:34------------5.27
11:36------------6.70
11:37------------5.92
11:38------------6.57
11:44------------7.69

Advancers 24 Decliners 61
PhP 40.942 vs US$ 1.00

11:47------down 10.39
11:48-----------12.59
11:50-----------14.08
11:51-----------15.76
11:53-----------17.20------------3206.15 (day's low)
11:54-----------16.66
11:56-----------16.06
11:57-----------14.58
11:58-----------13.32
11:59-----------12.39
12:01-----------11.75-------------3211.60 (-0.36%)
Market Close.

Advancers 30
Decliners 61

Value turnover: PhP 3.349 bn
Cross transactions: PhP 1.340 bn

PhP 40.939 vs US$ 1.00

Sectoral Indices:
Holdings +0.57%
Services +0.48%
Industrial +0.10%
Financial +0.08%
M-O -0.70%
Property -4.10%

The Day's Top Gainers:
MHC: PhP 0.42; +40.00%
ICTV: PhP 2.10; +10.53%
LIHC: PhP 15.75; +10.53%

The Day's Biggest Decliners:
PHES: PhP 0.205; -10.87%
UW: PhP 0.21; -10.64%
OM: PhP 0.011; -8.33%