Daily Market Notes February 3, 2010
February 3, 2010 by dragon
PSEi 2,884.81 UP 20.63
value php 2,021,413,560.00
DOW 111.32 +1.09% 10,296.85
NASDAQ 18.86 +0.87% 2,190.06
S&P 500 14.14 +1.30% 1,103.32
First sustained rally, second triple digit gains for the Dow. Reasons to help fuel the rally were good results from: GM Nissan Ford, UPS, Emerson.
Locally, our index has its first sustained rally since this drastic drop, but value turnover at 2 Billion is found to be light.
Almost 1/3 of the index stocks were gainers, led by MER 159 EDC 4.7, TEL 2595. The other losers were ALI BPI MBT MWC FLI.
Foreigners were net buy EDC FPH FGEN AGI SM.
Best overall top gainers were ABA CYBR IP PAX, while worst losers were NI IMI CPM PEP LIHC
TOTAL FOREIGN BUYING : P 699,258,665.50
TOTAL FOREIGN SELLING : P 580,405,311.50
NO. OF ADVANCES: 49
NO. OF DECLINES: 55
NO. OF UNCHANGED: 55
NO. OF TRADED ISSUES: 159
NO. OF TRADES: 7,512
LEGEND:
NFB : Net Foreign Buying
NFS : Net Foreign Selling
PHP : Philippine pesos
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