This blog is committed to the serious study and valid understanding of technical analysis and its objective application to stock selection, risk management and execution primarily in the context of trading stocks listed in the Philippine Stock Exchange (PSE).

Tuesday, February 5, 2008

PSEi, 2/5/08

PRICE AND TURNOVER
Close: 3,283.56
Change: -39.69 (-1.2%)
Value: 2,492,681,000

MARKET BREADTH
Net adv/dec issues: -39
Net up/down volume: -306,779,480
NFB: -319,887,108

The market closes lower today on a downtick accompanied by below average turnover ending a three day advance. Market breadth indicators show that the decline was broadly supported. The trading hours end with the sellers in control.

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