Tuesday, August 7, 2007
Before the market opens (Wall Street rallies nearly 300 points overnight) - August 07, 2007
The Dow Jones Industrial Average (DJIA) mounted a huge rally to regain its losses from last Friday. It advanced by 286.87 (+2.18%) to close at 13468.78
Monday, August 6, 2007
The day's market - August 06, 2007
Another huge drop in WallStreet stymied the expected (but more of a much hoped for) rebound. The Dow Jones Industrial Average (DJIA) fell by 281.42 (-2.09%) to close at 13181.91. These huge declines are very hard to ignore despite the buying momentum observed in the local equities market last friday. Upon the opening bell, sellers resumed to exert pressure the market and bargain hunters stepped back anew and held of buying.
PSEi previous close - 3352.24 (August 03, 2007)
time------------down--------------PSEi
9:31-----------49.26--------------3302.98
The 3300 level was immediately targetted. It was easily broken.
9:32----------50.48
9:34----------64.73
9:36----------80.86---------------3271.38
The market traded below the 3270 level for the rest of the session.
9:37----------82.43
9:45---------90.06
9:56---------99.34
10:05------101.61
10:11------105.87
10:15------107.51
10:16------110.01--------------3242.23 (day's low)
A feeble rally was attempted.
10:23------107.36
10:27-------99.99
10:41------88.73
10:53------83.01-------------3269.23
11:12-------85.32
11:23-------90.70
11:31-------93.62
11:44-------98.61
11:52-------99.53
12:01-------95.25------------3256.99 (-2.84%)
Market Close.
Value turnover: PhP 5.225
Cross transactions: PhP 1.941 bn
Sectoral Indices again dropped across-the-board.
Property -6.26%
Holdings -4.76%
M-O -2.90%
Industrial -2.05%
Financial -1.96%
Services -0.45%
TOP GAINERS:
1. NI: PhP13.50; +14.89%
2. IS: PhP0.13; +8.33%
3. WPI: PhP0.70; +7.69%
WORST DECLINERS:
1. VITA: PhP0.31; -27.91%
2. FED: PhP11.75; -18.97%
3. CAC: PhP1.80; -18.18%
VALUE TURNOVER:
1. SMPH: PhP520 mn (close: PhP10.50; -10.64%)
2. TEL: PhP 463 mn (close PhP2,610.00; -0.57%)
3. ALI: PhP402 mn (close PhP14.25; -5.00%)
VOLUME TURNOVER:
1. OPM: 925 mn (close: PhP0.018; unch)
2. OV: 911 mn (close PhP0.018; unch)
3. OM: 868 mn (close PhP0.014; unch)
The market is now 15% off the high of 3820 set just last July 13. The issue of investor confidence is the main drag on the Philippine Stock Market. Investors must remain convinced of the fundamentals of the market and the overall economy. A rebound within the week may be expected with oversold thirdliners seen to be bought up by bargain hunters.
PSEi previous close - 3352.24 (August 03, 2007)
time------------down--------------PSEi
9:31-----------49.26--------------3302.98
The 3300 level was immediately targetted. It was easily broken.
9:32----------50.48
9:34----------64.73
9:36----------80.86---------------3271.38
The market traded below the 3270 level for the rest of the session.
9:37----------82.43
9:45---------90.06
9:56---------99.34
10:05------101.61
10:11------105.87
10:15------107.51
10:16------110.01--------------3242.23 (day's low)
A feeble rally was attempted.
10:23------107.36
10:27-------99.99
10:41------88.73
10:53------83.01-------------3269.23
11:12-------85.32
11:23-------90.70
11:31-------93.62
11:44-------98.61
11:52-------99.53
12:01-------95.25------------3256.99 (-2.84%)
Market Close.
Value turnover: PhP 5.225
Cross transactions: PhP 1.941 bn
Sectoral Indices again dropped across-the-board.
Property -6.26%
Holdings -4.76%
M-O -2.90%
Industrial -2.05%
Financial -1.96%
Services -0.45%
TOP GAINERS:
1. NI: PhP13.50; +14.89%
2. IS: PhP0.13; +8.33%
3. WPI: PhP0.70; +7.69%
WORST DECLINERS:
1. VITA: PhP0.31; -27.91%
2. FED: PhP11.75; -18.97%
3. CAC: PhP1.80; -18.18%
VALUE TURNOVER:
1. SMPH: PhP520 mn (close: PhP10.50; -10.64%)
2. TEL: PhP 463 mn (close PhP2,610.00; -0.57%)
3. ALI: PhP402 mn (close PhP14.25; -5.00%)
VOLUME TURNOVER:
1. OPM: 925 mn (close: PhP0.018; unch)
2. OV: 911 mn (close PhP0.018; unch)
3. OM: 868 mn (close PhP0.014; unch)
The market is now 15% off the high of 3820 set just last July 13. The issue of investor confidence is the main drag on the Philippine Stock Market. Investors must remain convinced of the fundamentals of the market and the overall economy. A rebound within the week may be expected with oversold thirdliners seen to be bought up by bargain hunters.
Saturday, August 4, 2007
The week that was ( July 30 to August 03, 2007)
-------------------Last Week----- This week------down-------% down
PHISIX ---------3,518.76-------- 3,352.24------166.52-------4.73%
HOLDINGS -----2,068.24--------1,909.80 -----158.44 ------7.66%
INDUSTRIAL----4,799.22------- 4,580.20------219.02 -----4.56%
PROPERTY----- 1,696.15 ---------1,579.31 -----116.84 ------6.88%
FINANCIAL -----946.68 -----------896.09 -------50.59 -----5.34%
MINING-OIL--- 6,580.59 --------5,679.98------900.61 ----13.68%
ALL SHARES ----2,283.23 --------2,150.18 -----133.05 -----5.82%
TOP GAINERS:
1. T: PhP20.00;+354.55%
2. JTH: PhP29.00;+31.82%
3. FJPB: PhP1.84; +24.32%
WORST DECLINERS:
1. NI: PhP11.75; -44.05%
2. IS: PhP0.12; -42.86%
3. JOH: PhP3.00; -41.33%
VALUE TURNOVER:
1. VLL: PhP2,573 mn (close: PhP6.00; -7.69%)
2. TEL: PhP2,372 mn (close: PhP2625.00; unch)
3. PNB: PhP2,043 mn (close: PhP57.00; -12.31%)
PHISIX ---------3,518.76-------- 3,352.24------166.52-------4.73%
HOLDINGS -----2,068.24--------1,909.80 -----158.44 ------7.66%
INDUSTRIAL----4,799.22------- 4,580.20------219.02 -----4.56%
PROPERTY----- 1,696.15 ---------1,579.31 -----116.84 ------6.88%
FINANCIAL -----946.68 -----------896.09 -------50.59 -----5.34%
MINING-OIL--- 6,580.59 --------5,679.98------900.61 ----13.68%
ALL SHARES ----2,283.23 --------2,150.18 -----133.05 -----5.82%
TOP GAINERS:
1. T: PhP20.00;+354.55%
2. JTH: PhP29.00;+31.82%
3. FJPB: PhP1.84; +24.32%
WORST DECLINERS:
1. NI: PhP11.75; -44.05%
2. IS: PhP0.12; -42.86%
3. JOH: PhP3.00; -41.33%
VALUE TURNOVER:
1. VLL: PhP2,573 mn (close: PhP6.00; -7.69%)
2. TEL: PhP2,372 mn (close: PhP2625.00; unch)
3. PNB: PhP2,043 mn (close: PhP57.00; -12.31%)
Friday, August 3, 2007
The Philippine Stock Market moves in a hundred point range - August 03, 2007
The Dow Jones Industrial Average (DJIA) continued its recovery for the second straight day as it gained 100.96 points to end at 13463.37.
PLDT ADRs were up by $1.55 to close at $58.15. Converting it at PhP 45.70, it comes to PhP 2657.00. PLDT (TEL) shares closed at PhP 2520 yesterday.
PSEi previous close - 3359.02 (August 02, 2007)
time------------change----------PSEi
9:31----------up 19.49----------3378.51
9:32-------------57.37----------3416.37
The 3400 level was immediately breached. PLDT opened trading at phP 2595.
9:33-------------60.22
9:34-------------62.07
9:35-------------63.29
9:36-------------66.27
At this point, PLDT was already trading at the PhP 2640 - 2650 levels
9:38-------------66.65
9:39-------------70.79----------3429.81 (the day's high)
Just like yesterday, the market surged upon the opening bell and hit its high within the first 15 minutes of trading. And again, the market succumbs to an immediate correction.
9:43-------------67.96
9:47-------------60.71
9:48-------------59.32
9:50-------------57.21
9:52-------------55.85
9:56-------------55.16
10:04------------42.80
10:07------------41.89----------3400.31
The 3400 level does not hold as a support. The selling now intensifies.
10:08------------35.33
10:09------------29.73
10:10------------28.49
10:12------------22.74
10:13------------20.51
10:04------------20.04
The market goes lower than its opening level and there is no let up by sellers.
10:15------------15.90
10:22------------12.98
10:27-------------9.02
10:28-------------7.95
10:21-------------4.33
10:29-------------2.16
The day's gains are completely wiped out and the market moves into negative territory. Panic again grips the market and pushes it lower.
10:31-------down 0.09
10:35------------5.89
10:36------------6.80
10:42------------8.60
10:47-----------11.38
10:50-----------14.85
10:53-----------19.06
10:54-----------20.94
10:57-----------22.46
10:58-----------23.07
10:59-----------19.04
11:00-----------20.36
11:01-----------26.00--------------3333.02
11:05-----------21.26
11:07-----------19.28
11:10-----------26.38
11:12-----------27.46
11:13-----------29.54
11:14-----------33.34
11:18-----------34.97
11:20-----------35.86
11:22-----------36.43
11:33-----------38.48--------------3320.48 (day's low)
The market recovers in the final 10 minutes of trading as bargain buyers took over from the panic sellers.
11:50-----------28.62
11:51-----------22.64
11:54----------25.67
11:56----------18.15
11:57----------15.43
11:58----------13.64
12:01-----------6.78---------------3352.24 (-0.20%)
Market Close.
Advancers 19
Decliners 127
Value turnover: PhP 7.685 bn
Cross transactions: 3.075 bn
Block Sales: PhP 200 mn
Sectoral Indices.
Services +2.26%
Financial -0.70%
Industrial -1.39%
Holdings -1.82%
Property -2.24%
M-O -6.03%
The market touched a low of 3,320 today which is already 500 points (-13%) off the high it reached at 3820 just last July 13, 2007. Select issues which were hardest hit by panic selling are poised to bounce next week. A rebound by early next week may test the 3470-3491 resistance.
There is also a gap at the 3588 - 3641 levels which was opened on July 26-27, 2007.
--------------GMA7-----------GMAP
open-------PhP 10.75------PhP 10.75
high-------PhP 10.75------PhP 10.75
low--------PhP 9.70-------PhP 10.00
close------PhP 10.25------PhP 10.25
Today's block sales included 10,498,300 shares of GMAP at PhP 11.25 (PhP 118,105,875) and 2,800,000 shares at PhP 11.00 (PhP 30,800,000).
PLDT ADRs were up by $1.55 to close at $58.15. Converting it at PhP 45.70, it comes to PhP 2657.00. PLDT (TEL) shares closed at PhP 2520 yesterday.
PSEi previous close - 3359.02 (August 02, 2007)
time------------change----------PSEi
9:31----------up 19.49----------3378.51
9:32-------------57.37----------3416.37
The 3400 level was immediately breached. PLDT opened trading at phP 2595.
9:33-------------60.22
9:34-------------62.07
9:35-------------63.29
9:36-------------66.27
At this point, PLDT was already trading at the PhP 2640 - 2650 levels
9:38-------------66.65
9:39-------------70.79----------3429.81 (the day's high)
Just like yesterday, the market surged upon the opening bell and hit its high within the first 15 minutes of trading. And again, the market succumbs to an immediate correction.
9:43-------------67.96
9:47-------------60.71
9:48-------------59.32
9:50-------------57.21
9:52-------------55.85
9:56-------------55.16
10:04------------42.80
10:07------------41.89----------3400.31
The 3400 level does not hold as a support. The selling now intensifies.
10:08------------35.33
10:09------------29.73
10:10------------28.49
10:12------------22.74
10:13------------20.51
10:04------------20.04
The market goes lower than its opening level and there is no let up by sellers.
10:15------------15.90
10:22------------12.98
10:27-------------9.02
10:28-------------7.95
10:21-------------4.33
10:29-------------2.16
The day's gains are completely wiped out and the market moves into negative territory. Panic again grips the market and pushes it lower.
10:31-------down 0.09
10:35------------5.89
10:36------------6.80
10:42------------8.60
10:47-----------11.38
10:50-----------14.85
10:53-----------19.06
10:54-----------20.94
10:57-----------22.46
10:58-----------23.07
10:59-----------19.04
11:00-----------20.36
11:01-----------26.00--------------3333.02
11:05-----------21.26
11:07-----------19.28
11:10-----------26.38
11:12-----------27.46
11:13-----------29.54
11:14-----------33.34
11:18-----------34.97
11:20-----------35.86
11:22-----------36.43
11:33-----------38.48--------------3320.48 (day's low)
The market recovers in the final 10 minutes of trading as bargain buyers took over from the panic sellers.
11:50-----------28.62
11:51-----------22.64
11:54----------25.67
11:56----------18.15
11:57----------15.43
11:58----------13.64
12:01-----------6.78---------------3352.24 (-0.20%)
Market Close.
Advancers 19
Decliners 127
Value turnover: PhP 7.685 bn
Cross transactions: 3.075 bn
Block Sales: PhP 200 mn
Sectoral Indices.
Services +2.26%
Financial -0.70%
Industrial -1.39%
Holdings -1.82%
Property -2.24%
M-O -6.03%
The market touched a low of 3,320 today which is already 500 points (-13%) off the high it reached at 3820 just last July 13, 2007. Select issues which were hardest hit by panic selling are poised to bounce next week. A rebound by early next week may test the 3470-3491 resistance.
There is also a gap at the 3588 - 3641 levels which was opened on July 26-27, 2007.
--------------GMA7-----------GMAP
open-------PhP 10.75------PhP 10.75
high-------PhP 10.75------PhP 10.75
low--------PhP 9.70-------PhP 10.00
close------PhP 10.25------PhP 10.25
Today's block sales included 10,498,300 shares of GMAP at PhP 11.25 (PhP 118,105,875) and 2,800,000 shares at PhP 11.00 (PhP 30,800,000).
Thursday, August 2, 2007
Very volatile trade in the Philippine Stock Market - August 02, 2007
The Dow Jones Industrial Average (DJIA) was higher by 150.38 points in WallStreet overnight to close at 13362.37. This spurred an immediate buying reaction from local investors and the market jumped upon the opening.
PSEi previos - 3426.45 (August 01, 2007)
time --------------change---------------PSEi
9:31-------------up 27.02---------------3453.47
9:32----------------29.45
9:33----------------31.08
9:33----------------34.30
9:34----------------37.27
9:35----------------38.66
9:39----------------39.29
9:41----------------41.14----------------3467.59 (the day's high)
After just a few minutes, the market reached its high and buying tapered off.
9;44----------------34.09
9:46----------------33.33
9:47----------------28.95
9:48----------------31.67
9:54----------------29.45
10:00--------------24.85
The market moves below the market open and the 3,450 proves to be very weak.
10:03--------------24.60
10:05--------------23.51
10:12--------------22.58------------------3449.03
Selling accelerates.
10:16--------------19.55
10;17--------------16.74
10:20--------------15.01
10:22--------------11.90
10:24---------------9.66
10:25---------------7.40
10:27---------------6.30
10:28---------------2.70
10:29---------------1.08
After an hour of trading, the market gives back its gains. The market moves into negative territory. Another wave of selling ensues.
10:30----------down 0.24
10:31-----------------1.17
10:32-----------------2.91
At this point, Decliners (63) heavily outnimbered Gainers (28) already.
10:34-----------------3.29
10:35-----------------5.14
10:37-----------------6.99
10:39-----------------8.64
10:43-----------------9.72
10:44----------------13.23
10:45----------------17.91
10:46----------------19.17
10:48----------------23.50
10:49----------------26.05------------------3400.40
The 3400 breaks and panic selling grips the market.
10:50----------------27.55
10:51----------------28.51
10:52----------------32.89
10:53----------------36.27
10:54----------------39.47
10:55----------------44.51
11:00----------------46.36
11:01----------------50.14
11:04----------------54.68
11:05----------------63.08---------------3363.37
The Chart gap at the 3364-3381 is closed.
11:07----------------64.26
11:09----------------67.93
11:12----------------69.75
11:19----------------73.42
11:22----------------72.27
11:23----------------76.22
11:30----------------70.82
11:32----------------78.36---------------3348.09 (day's low)
The market consolidates above the 3350 level in the last 20 minutes of trading.
11:40----------------74.48--------------3351.97
11:46----------------66.47
11:52----------------65.84
11:55----------------62.71--------------3363.74
11:59----------------63.49
12:01----------------67.43--------------3359.02 (-1.97%)
Market Close.
Advancers 14
Decliners 132
It was more than a hundred point swing from the PSEIs high to its low intraday reflecting the market's volatility. There were only 3 index issue gainers.
Value turnover: PhP 7.642 bn
Cross transactions: PhP 2.205 bn
Block Sales: PhP 400 mn
Sectoral Indices fell across-the-board.
M-O -5.48%
Property -3.54%
Holdings -2.90%
Industrial -2.12%
Financial -2.06%
Services -0.07%
--------------GMA7-----------GMAP
open---------PhP 11.50------PhP 11.25
high---------PhP 11.50------PhP 11.25
low----------PhP 10.25------PhP 10.00
close--------PhP 10.50------PhP 10.25
PSEi previos - 3426.45 (August 01, 2007)
time --------------change---------------PSEi
9:31-------------up 27.02---------------3453.47
9:32----------------29.45
9:33----------------31.08
9:33----------------34.30
9:34----------------37.27
9:35----------------38.66
9:39----------------39.29
9:41----------------41.14----------------3467.59 (the day's high)
After just a few minutes, the market reached its high and buying tapered off.
9;44----------------34.09
9:46----------------33.33
9:47----------------28.95
9:48----------------31.67
9:54----------------29.45
10:00--------------24.85
The market moves below the market open and the 3,450 proves to be very weak.
10:03--------------24.60
10:05--------------23.51
10:12--------------22.58------------------3449.03
Selling accelerates.
10:16--------------19.55
10;17--------------16.74
10:20--------------15.01
10:22--------------11.90
10:24---------------9.66
10:25---------------7.40
10:27---------------6.30
10:28---------------2.70
10:29---------------1.08
After an hour of trading, the market gives back its gains. The market moves into negative territory. Another wave of selling ensues.
10:30----------down 0.24
10:31-----------------1.17
10:32-----------------2.91
At this point, Decliners (63) heavily outnimbered Gainers (28) already.
10:34-----------------3.29
10:35-----------------5.14
10:37-----------------6.99
10:39-----------------8.64
10:43-----------------9.72
10:44----------------13.23
10:45----------------17.91
10:46----------------19.17
10:48----------------23.50
10:49----------------26.05------------------3400.40
The 3400 breaks and panic selling grips the market.
10:50----------------27.55
10:51----------------28.51
10:52----------------32.89
10:53----------------36.27
10:54----------------39.47
10:55----------------44.51
11:00----------------46.36
11:01----------------50.14
11:04----------------54.68
11:05----------------63.08---------------3363.37
The Chart gap at the 3364-3381 is closed.
11:07----------------64.26
11:09----------------67.93
11:12----------------69.75
11:19----------------73.42
11:22----------------72.27
11:23----------------76.22
11:30----------------70.82
11:32----------------78.36---------------3348.09 (day's low)
The market consolidates above the 3350 level in the last 20 minutes of trading.
11:40----------------74.48--------------3351.97
11:46----------------66.47
11:52----------------65.84
11:55----------------62.71--------------3363.74
11:59----------------63.49
12:01----------------67.43--------------3359.02 (-1.97%)
Market Close.
Advancers 14
Decliners 132
It was more than a hundred point swing from the PSEIs high to its low intraday reflecting the market's volatility. There were only 3 index issue gainers.
Value turnover: PhP 7.642 bn
Cross transactions: PhP 2.205 bn
Block Sales: PhP 400 mn
Sectoral Indices fell across-the-board.
M-O -5.48%
Property -3.54%
Holdings -2.90%
Industrial -2.12%
Financial -2.06%
Services -0.07%
--------------GMA7-----------GMAP
open---------PhP 11.50------PhP 11.25
high---------PhP 11.50------PhP 11.25
low----------PhP 10.25------PhP 10.00
close--------PhP 10.50------PhP 10.25
Wednesday, August 1, 2007
The day's market - August 01, 2007
The Dow Jones Industrial Average (DJIA) fell hard again and it lost 146.32 points to close at 13211.99. Local equities again followed suit upon the opening bell.
time------------down-------------PSEi
9:31------------34.57------------3466.63
9:32-----------40.63
9:33-----------44.02
9:34-----------45.85
9:35-----------48.10------------3453.31
The 3450 level holds.
9:41-----------42.61
9:44-----------38.97
9:45-----------36.47
9:51-----------31.41------------3469.79
9:57-----------42.48
10:04---------48.24
The 3450 level breaks.
10:06---------52.61------------3448.59
10:08---------57.68
10:11---------58.76------------3442.44
A minor rally ensues.
10:15--------56.22
10:17--------52.93
10:22--------51.90
10:26--------53.36
10:32--------49.76
10:34--------47.73
10:36--------46.97
10:38--------43.48
10:42--------40.77
10:43--------39.74
10:44--------35.36
10:53--------34.33------------3466.87
11:02--------36.21
11:06--------40.17------------3461.03
11:27--------34.91------------3466.99
Selling panic again set in in the final half hour of trading and the market doubles it losses to close near its day's low.
11:32--------39.12
11:35--------40.59
11:43--------46.72
11:47--------50.22
11:49--------55.44
11:50--------59.84
11:51--------60.26
11:52--------63.14
11:55--------64.66
11:56--------71.47
11:57--------75.91
11:58--------76.68
11:59--------79.10-------------3422.10 (day's low)
12:01--------74.75-------------3426.45 (-2.13%)
Market Close.
Advancers 23
Decliners 105
Valuue turnover: PhP 11.672 bn
Cross transactions: PhP 2.262 bn
Block transactions: PhP 4.656 bn
The Block transactions include 71.8 mn shares of PNB at PhP 59.00 per share (for a total of PhP 4.23 bn) after its recently concluded follow on offering. PNB shares close previously at PhP 65.00 and it offered its shares at PhP 59.00
Philippine Nationa Bank (PNB)
open PhP 57.50
low PhP 54.00
high PhP 59.00
close PhP 59.00
Volume turnover: 19,176,800 shares
Value turnover: PhP 1,090,686,600
Cross: 52,439,600
The 3421 level is the previous all-time high set in 1997. There is a chart gap at the 3364 - 3381 levels opened on May 11-15, 2007.
Sectoral Indices fell across-the-board.
Services -2.52%
Holdings -2.33%
Property -2.07%
Industrial -1.77%
M-O -1.63%
Financial -0.94%
----------------GMA7-----------GMAP
open---------PhP 10.50-------PhP 10.50
high----------PhP 11.75-------PhP 12.00
low-----------PhP 10.25------PhP 10.50
close---------PhP 11.00-------PhP 11.00
time------------down-------------PSEi
9:31------------34.57------------3466.63
9:32-----------40.63
9:33-----------44.02
9:34-----------45.85
9:35-----------48.10------------3453.31
The 3450 level holds.
9:41-----------42.61
9:44-----------38.97
9:45-----------36.47
9:51-----------31.41------------3469.79
9:57-----------42.48
10:04---------48.24
The 3450 level breaks.
10:06---------52.61------------3448.59
10:08---------57.68
10:11---------58.76------------3442.44
A minor rally ensues.
10:15--------56.22
10:17--------52.93
10:22--------51.90
10:26--------53.36
10:32--------49.76
10:34--------47.73
10:36--------46.97
10:38--------43.48
10:42--------40.77
10:43--------39.74
10:44--------35.36
10:53--------34.33------------3466.87
11:02--------36.21
11:06--------40.17------------3461.03
11:27--------34.91------------3466.99
Selling panic again set in in the final half hour of trading and the market doubles it losses to close near its day's low.
11:32--------39.12
11:35--------40.59
11:43--------46.72
11:47--------50.22
11:49--------55.44
11:50--------59.84
11:51--------60.26
11:52--------63.14
11:55--------64.66
11:56--------71.47
11:57--------75.91
11:58--------76.68
11:59--------79.10-------------3422.10 (day's low)
12:01--------74.75-------------3426.45 (-2.13%)
Market Close.
Advancers 23
Decliners 105
Valuue turnover: PhP 11.672 bn
Cross transactions: PhP 2.262 bn
Block transactions: PhP 4.656 bn
The Block transactions include 71.8 mn shares of PNB at PhP 59.00 per share (for a total of PhP 4.23 bn) after its recently concluded follow on offering. PNB shares close previously at PhP 65.00 and it offered its shares at PhP 59.00
Philippine Nationa Bank (PNB)
open PhP 57.50
low PhP 54.00
high PhP 59.00
close PhP 59.00
Volume turnover: 19,176,800 shares
Value turnover: PhP 1,090,686,600
Cross: 52,439,600
The 3421 level is the previous all-time high set in 1997. There is a chart gap at the 3364 - 3381 levels opened on May 11-15, 2007.
Sectoral Indices fell across-the-board.
Services -2.52%
Holdings -2.33%
Property -2.07%
Industrial -1.77%
M-O -1.63%
Financial -0.94%
----------------GMA7-----------GMAP
open---------PhP 10.50-------PhP 10.50
high----------PhP 11.75-------PhP 12.00
low-----------PhP 10.25------PhP 10.50
close---------PhP 11.00-------PhP 11.00
Year-to-date Equity Indices performance (update)
------------------------Dec 29 -----------end July----------(% change)
-------------------------2006-------------2007
PSEi-------------------2982.54---------3426.45(aug1)------(+14.88%)
Dow Jones (US)------12463.20--------13211.99-------------(+6.00%)
Nikkei (Japan)-------17225.83---------17249.00------------(+0.13%)
HangSeng (HK)-------19964.72--------23184.90------------(+16.12%)
JCI (Indonesia)------1805.52-----------2348.67------------(+30.08%)
KLSE(Malaysia)------1096.24----------1373.71-------------(+25.31%)
SET (Thailand)---------679.84-----------859.76-------------(+26.46%)
-------------------------2006-------------2007
PSEi-------------------2982.54---------3426.45(aug1)------(+14.88%)
Dow Jones (US)------12463.20--------13211.99-------------(+6.00%)
Nikkei (Japan)-------17225.83---------17249.00------------(+0.13%)
HangSeng (HK)-------19964.72--------23184.90------------(+16.12%)
JCI (Indonesia)------1805.52-----------2348.67------------(+30.08%)
KLSE(Malaysia)------1096.24----------1373.71-------------(+25.31%)
SET (Thailand)---------679.84-----------859.76-------------(+26.46%)
Subscribe to:
Posts (Atom)
