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PSEi    3,032.09         UP     20.73
value php     3,599,631,910.00

DOW   136.49 +1.33% 10,406.96
NASDAQ 29.97 +1.38% 2,197.85
S&P 500 15.82 +1.45% 1,109.30

No other reason was attributed to wall street's sustained 1.4% rally except for the weaker dollar continued fueling speculation on stocks and commodities.

Asian stocks that opened stronger were falling by noon: Hong Kong, Japan, Korea, Australia probably anticipated correction after the highs and began selling into the rally.

Locally, it was weak at the onset.  PX'S Initial attempt to rally at 14.75 quickly fizzled and again dampened sentiments, especially at recent 2nd and 3rd liner leaders like NI ISM CPM.

TELcos led the drop: GLO TEL, followed by PX SM, but a lackluster flat trade gave way to MER's last minute run to 212, contributing 19 psei points on 47m nfb.  Read more... (240 words, estimated 58 secs reading time)

PSEi    3,073.92         UP     26.78
value php      5,104,499,810.00

DOW      44.29 +0.43% 10,291.26
NASDAQ 15.82 +0.74% 2,166.90
S&P 500   5.50 +0.50% 1,098.5

PX contributes 1B pesos to total value turnover, wall street flutters slightly higher, Asia sideways to slightly lower.

Today, ALI leads the index gainers with a .5 gain to 12 worth 8 psei points backed by 45m nfb.  AC's 7.50 gain to 307.50 also contributed 5 psei points despite 22m nfs.
Third top index gainer was BDO's 2 peso gain to 38.50 despite 32m nfs.

On the losing side were the index big cap leaders MER TEL SMPH FPH.  MER can't seem to hurdle its 210 resistance.

MEG FLI's recent rise drew out sellers both local and foreign, sending both tamer from intraday highs to close at 1.64 and .95 respectively.  Read more... (266 words, estimated 1:04 mins reading time)

PSEi                 3,047.14         UP     50.43
value php                  5,711,025,735.60

DOW 20.03 +0.20% 10,246.97
NASDAQ 2.98 -0.14% 2,151.08
S&P 500 0.07 -0.01% 1,093.01

Lack of better leads plus pause from its recent attack of 10k, wall street flutters about the whole day.

For the PSEi, the break of 3k worth 50 points could be attributed mainly to these 4 stocks: TEL 19.7 psei points worth, PX 12.8, AC 10.2, ALI 8.3.

TEL's return to 2570 was thanks to u turning sentiment of 69m NFB.  GLO was not so lucky, trading flat at 1000 with 100m nfs.

SM made up for 10% of total psei trade turnover, trading 500m pesos worth, of which were 492m NFB.  The foreign buying tally would be 655m pesos sans these SM trades, 460m pesos worth of which were crosses.  Read more... (291 words, estimated 1:10 mins reading time)

PSEi      2,996.71         UP     81.00
value php   5,153,558,935.00

DOW    203.52 +2.03% 10,226.94
NASDAQ 41.62 +1.97% 2,154.06
S&P 500 23.78 +2.22% 1,093.08

CNNFN reports that the gains that brought Dow well above 10k were broad-based, with all but 1 of the 30 components in the blue-chip index closing higher. Financial and commodity-related shares led the advance.

Local value turnover swells to the 5 billion mark but all thanks to PX's 1.3 billion worth traded. Which without this trade brings us back to the usual 3.8B worth for the market in general.  Nonetheless, PX's 2.25 continued rise to 18 was worth 19 psei points for the market.  This index leader was joined only by MER's 13 peso rise to 210 worth 15 psei points, all on 58m nfb.  Read more... (306 words, estimated 1:13 mins reading time)

PSEi 2,915.71 DOWN 15.76
value php 3,168,187,615.00

DOW 17.46 +0.17% 10,023.42
NASDAQ 7.12 +0.34% 2,112.44
S&P 500 2.67 +0.25% 1,069.30

News that American unemployment hit a 26-year high of 10.2% last month saw an initial weaker open, but had buyers coming in to help dow 10k survive its bid.

In the local front, the market was already weaker at the opening, brought about by TEL's drop in its New York ADR trade to about 2,500 parity. Local TEL loses 75 pesos to 2490, worth 22 lost psei points. I guess we can factor in here the peso's depreciation from 46.++ to now 48.++, and also the recurring notion of less focus and finance may be allotted for TEL growth by the MVP group now that they have to finance their new toy MER.