The day's market - February 19, 2008

WallStreet was closed for a Holiday.

With no leads for investors to follow for the day's trading, the local equities market opened directionless.

PSEi previous close - 13163.25 (February 18, 2008)

time------------change-------------PSEi
9:31------------up 1.85-----------3165.10
9:32----------down 2.21
9:34---------------4.37
9:35---------------6.19-----------3157.06 (day's low)
9:37---------------5.79
9:38---------------3.32
9:40------------up 1.38
9:44---------------2.61
9:51----------down 0.30
9:52------------up 1.53
9:55---------------3.86

After an initial tentativeness which shows continuing investor cautiousness; the market manages to stay in positive territory.

9:57------------up 6.83
9:59---------------7.91
10:00-------------12.06
10:01-------------14.86
10:04-------------17.16

Advancers 48 Decliners 13
The smaller cap second and third-liner issues were active and perked up trading.

10:05-------------20.20----------3183.45
10:12-------------16.85
10:13-------------24.79
10:15-------------26.23----------3189.48
10:22-------------26.49
10:23-------------30.92
10:26-------------32.89
10:30-------------33.76----------3197.01

The resistance at the 3200 level is tested.

10:35----------up 30.88
10:40-------------28.86
10:45-------------31.63
10:47-------------32.31
10:54-------------27.49
11:00-------------26.75
11:03-------------33.06
11:04-------------34.61
11:05-------------36.04----------3199.29

The 3200 level holds and the Philippine Stock Exchange Index (PSEi) consolidates just below this level for the final hour of trading.

11:10---------up 30.47
11:13------------33.49
11:18------------30.58
11:20------------28.79
11:24------------24.65-----------3187.90
11:28------------29.58
11:30------------30.30
11:31------------26.19

Advancers 71 Decliners 22

11:32------------30.33-----------3193.58
11:40------------31.49
11:41------------28.78
11:44------------32.47
11:46------------34.82-----------3198.07
11:52------------32.65
11:54------------33.91
11:55------------29.09
11:57------------31.52
11:59------------27.02
12:01------------27.42-----------31900.67 (+0.87%)
Market Close.

Advancers 77
Decliners 27

Value turnover: PhP 3.125 bn
Cross transactions: PhP 874 mn

Sectoral Indices:
M-O +3.56%
Financial +1.48%
Holdings +1.00%
Services +0.48%
Property +0.41%
Industrial +0.34%

The Day's Top Gainers:
ZHI: PhP 0.42; +40.00%
PGPI: PhP 110.00; +22.22%
GEO: PhP 1.38; +16.95%

The Day's Biggest Decliners:
BC: PhP 21.75; -5.43%
PO: PhP 3.80; -5.00%
PIP: PhP 2.85; -5.00%