Thursday, March 8, 2007

Market breaches the 3100 level - March 8, 2007

The market not only held strong above the 3,000 key index level but tested the next resistance at 3,100. With the DJIA advancing modestly by68.25 points, local investors had confidence to buy strongly in the market and push it to higher levels.

PSEi previous close 3028.37 (March 7, 2007)

time--------up---------PSEi

9:30------21.54

11:01-----83.73--------3112.10

12:01----71.45--------3099.82


Gainers outnumbered losers 102 to 19. All sectors advanced.

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