The day's market - February 18, 2008

DOW JONES INDUSTRIAL AVERAGE(DJIA)summary

Index Value: 12,348.21
Trade Time: Feb 15
Change: Down 28.77 (-0.23%)
Prev Close: 12,376.98
Open: 12,376.66
Day's Range: 12278.62 - 12376.66

The Dow Jones Industrial Average traded lower on Friday and remained below the 12500 level. It was down by around a hundred points at one point but managed to limit its losses.

The local equities market remained in the doldrums on lack of positive leads. It traded lower in a narrow range. The Philippine Stock Exchange Index (PSEi) is down for the third consecutive trading day.

PSEi previous close - 3182.85 (February 15, 2008)

time-------------down------------PSEi
9:31------------3.77------------3179.08

The support at the 3180 level fails to hold.

9:32------------4.10
9:34------------5.86
9:36------------6.37------------3176.48
9:44------------4.42

PhP 40.743 vs US$ 1.00

9:48------------2.83------------3180.02
9:51-----------13.50

PLDT (TEL) trades at PhP 2910 from an opening price of PhP 2940.

9:55-----------14.86------------3167.99
10:02----------12.01
10:03----------11.41
10:05----------14.28
10:11-----------8.39------------3174.46
10:13----------12.60
10:41----------17.78
10:42----------16.23
10:46----------17.18
10:52----------18.78
10:54----------19.45------------3163.40
10:56----------18.36
11:01----------16.93
11:02----------14.66
11:07----------16.25
11:16----------20.39
11:22----------16.25
11:29----------21.94
11:40----------22.80------------3160.05
11:41----------18.29
11:46----------19.47
11:49----------18.58
11:51----------18.05
11:55----------16.26
11:57----------21.08
11:59----------23.14------------3159.71 (day's low)
12:01----------19.60------------3163.25 (-0.61%)
Market Close.

Advancers 43
Decliners 44

Value turnover: PhP 1.837 bn
Cross transactions: PhP 940 mn

Sectoral Indices.
Industrial +0.50%
Services -0.27%
Financial -0.48%
M-O -0.90%
Property -1.34%
Holdings -1.41%

The Day's Top Gainers:
CAT: PhP 2.90; +46.46%
PAX: PhP 4.90; +28.95%
MFIN: PhP 3.80; +26.67%

The Day's Biggest Decliners:
VVT: PhP 5.00; -23.08%
PAL: PhP 4.85; -8.49%
OM: PhP 0.011; -8.33%