Stock Movement on Corporate news - February 13 ,2007 (PM)

The day's market - Februay 13, 2007
The stocks that were tracked for their price movement were the ones that came out with news in the newspapers this morning.


time------------PSEi-------AC------ALI------GLO----BPI----ABA/ABAB----MAC----BEL

previous--------3243.16----625---16.25-----1355-----70----0.01/0.012-----2.16----1.30
open up7.47----3241.60----630----16.50-------------70----0.012/0.013----2.22---1.36
9:36 up2.89----3237.05-----625----16.50---1360---69.5---0.012/0.014----2.24---1.40
9:43 dn1.77----3232.39-----625----16.50---1360---69.5---0.012/0.013---2.28---1.38
9:56 dn3.13----3231.03-----625----16.50---1360---69.5---0.012/0.013---2.28---1.38
10:02 dn5.26---3228.90-----625----16.50---1375---69.5--0.012/0.013---2.26----1.38
10:38 dn6.66---3227.50----625-----16.50---1375----70---0.012/0.013---2.26----1.40
10:42 dn9.91---3224.25-----625----16.50---1375----70---0.012/0.013----2.26---1.40
10:47 dn3.16---3231.00----625-----16.50---1375----70---0.012/0.013----2.26----1.44
11:10 dn8.07---3226.09----615-----16.25----1375---69.5---0.012/0.013---2.32----1.42
11:22 dn2.92---3231.24-----620----16.50----1375---69.5---0.012/0.013----2.32---1.42
11:41dn 5.21---3228.95-----620----16.50----1370---69.5---0.012/0.013---2.30---1.44
11:48dn 8.85---3225.31----620-----16.25----1375---69.5---0.012/0.013----2.30---1.46
11:50dn2.52---3231.64-----615-----16.50----1375----69-----0.012/0.013---2.30---1.46
12:00dn0.25---3233.91----620----16.50----1380---69.5---0.012/0.013---2.32----1.48
Market close.

The market just consolidated and moved within a narrower range after the big swings the previous trading days. The index even closed almost unchanged.
Immediate support and resistance is at 3,200 - 3,250.

The secondliners and smaller cap stocks were the issues actively traded for the day. Even with the market flat, gainers outnumbered decliners 71 to 48.

As also seen from the stocks tracked today, it is the secondliners who were seen reacting positively to news reports. (ABA 0.01 to 0.012 / ABA 0.012 to0.013; MAC 2.16 to 2.32 and BEL 1.30 to 1.48).