DMN July 28

PSEi  3,451.91  up 15.32 pts.  0.45%
Volume     3.5B

Dow Jones    10,537.69    +12.26    (0.12%)
S&P 500    1,113.84    -1.17    (-0.10%)
Nasdaq    2,288.25    -8.18    (-0.36%)

Very poor consumer sentiment data eradicates Wall Street’s Futures Market established bullish momentum, and does away with a flat trade by the close.

[whole paragraph edited] I stand corrected, I wrote today’s DMN without quotes from PSE and relied on online trading displayed values which were erroneous.  After today’s quotes were released, value turnover shows 3.5B!

AEV’s 1.05 gain to 23.75 was worth slightly over 7 gained psei points, which was the same number of points lost by ALi’s .40 drop to 14.54.

SMC’s 5.35 cash dividend helps it rise to 74.80, plus news of a stock rights offer at 75/share also contributed to the positive sentiment.

RFM’s robust earnings sends it to a 1.53 high but to a 1.47 close.

My go-to cheap banking stock PNB hit a day high of 43.70 but immediately collapsed to 40.50, only to recover to 41.50 by the close.  Belson and Regis sold the most, for a combined volume of about 1.1m shares, while CLSA and Regis again bought the most for a combined volume of 1.1m shares as well.

Gee, ISM sinks further to .038!

Best gainer with volume was SLI’s over 40% gain to 1.10!

-still no PSE quotes, hence no NFB/NFS tally

LEGEND:
NFB : Net Foreign Buying
NFS : Net Foreign Selling
PHP : Philippine pesos

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