Tuesday, April 29, 2008

The day's market - April 29, 2008

Dow Jones Industrial Average (DJIA)Summary
Index Value: 12,871.75
Trade Time: April 28
Change: Down 20.11 (-0.16%)
Prev Close: 12,891.86
Open: 12,890.72
Day's Range: 12857.50 - 12938.76


Comments on the Philippine StockMarket:
BusinessWorld - April 29, 2008

The local equities market rebounded as it tests a possible support at the 2733 level. It tried to mount a strong rally, but momentum (and investor confidence) has yet to build up. The Philippine Stock Exchange Index (PSEi) retreats from its high to give back almost half of its early gains.

PSEi previous close - 2739.44 (April 28,2008)

open - 2742.32
high - 2769.18 (+26.86)
low - 2739.44 (-2.88)
close - 2754.29 (+14.85 or +0.54%)

Value turnover: PhP 1.942 bn
Cross transactions: PhP 885 mn

Advancers 35
Decliners 52

Sectoral Indices:
Holdings +1.14%
Industrial +0.66%
Services +0.39%
M-O +0.25%
Financial +0.05%
Property -0.02%

The Philippine Peso was at PhP 42.187 vs US$ 1.00 by midday.

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