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Index ends flat as investors reposition

MANILA, Philippines — The stock market closed flat yesterday, still unable to recover after its recent correction, as investors recalibrate their portfolios,.....»»

Category: financeSource: philstar philstarJan 13th, 2018

PSEi ends flat as investors stay on sidelines

AFTER hitting fresh highs this week, Philippine shares closed flat on Friday, as investors chose to stay on the sidelines and reposition their portfolios. The 30-member Philippine Stock Exchange index added 0.02% or 1.37 points to close the week at 8,814.62. The all-shares index meanwhile fell 0.05% or 2.66 points to 5,098.75. “Philippine markets settled […] The post PSEi ends flat as investors stay on sidelines appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsJan 12th, 2018

Index ends flat on lack of stimulus

MANILA, Philippines - Share prices closed flat for the second straight day yesterday due to absence of leads and as market investors continue to wait for key.....»»

Category: financeSource:  philstarRelated NewsMar 9th, 2017

Index pulls back early gains, ends flat

MANILA, Philippines — The Philippine stock market posted gains in early trade along with the rise in Asian stocks but eventually pulled back by the close of.....»»

Category: financeSource:  philstarRelated NewsJan 16th, 2018

PSEi slightly down but stays above 8,900

The local stock barometer ended flat but stayed above the 8,900 level yesterday as some investors reassessed their portfolios following the recent run-up to record highs. The main-share Philippine Stock Exchange index (PSEi) shed 3.43 points or 0.04 percent to close at 8,920.29. While US stocks continued to rally overnight, the local market slowed after successive winning sessions from the last days of December, said Luis Gerardo Limlingan, managing director at local stock brokerage Regina Capital Development. "Index saw some pullback amid a lack of news flow in local front and as investors await the corporate results season which will be in full swing next month," Limlingan sai...Keep on reading: PSEi slightly down but stays above 8,900.....»»

Category: newsSource:  inquirerRelated NewsJan 10th, 2018

PSEi slips but clings to 8,900

The local stock barometer ended flat but stayed afloat the 8,900 level on Wednesday as some investors reassessed their portfolios after the recent run-up to record highs. The main-share Philippine Stock Exchange index (PSEi) shed 3.43 points or 0.04 percent to close at 8,920.29. While US stocks continued to rally overnight, the local market was "tired" after its successive winning sessions from the last days of December, said Luis Gerardo Limlingan, managing director at local stock brokerage Regina Capital Development. "Index saw some pullback amid a lack of news flow in local front and as investors await the corporate results season which will be in full swing next month," ...Keep on reading: PSEi slips but clings to 8,900.....»»

Category: newsSource:  inquirerRelated NewsJan 10th, 2018

PSEi ends nearly flat amid lack of leads

THE PHILIPPINE STOCK EXCHANGE index (PSEi) managed to stage a last-minute rally on Friday to edge up from the past week, enabling the local benchmark to stay in step with several Asian peers. Wall Street was closed for the Thanksgiving holiday. PSEi climbed 21.88 points or 0.26% to close 8,365.11 — and up 0.65% from […] The post PSEi ends nearly flat amid lack of leads appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsNov 24th, 2017

Stocks end flat as traders stay on sidelines

MANILA, Philippines — Market investors stayed on the sidelines yesterday, pushing the main composite index lower due to global uncertainties, analysts said......»»

Category: financeSource:  philstarRelated NewsSep 8th, 2017

PSEi down as investors prepare for Chelsea IPO

SHARE prices on the Philippine Stock Exchange retreated on Tuesday as investors reposition themselves ahead of the upcoming initial public offering of Chelsea Logistics Holdings Corp. The benchmark index declined 0.84 percent or 67.44 points, pulling back to the 7,900 level. The wider All Shares declined 0.58 percent or 27.66 points at 4,739.20. &'8220;Chelsea has [...].....»»

Category: newsSource:  manilatimes_netRelated NewsAug 1st, 2017

Stock Market: Index ends above 8,000 as investors turn bullish

THE BELLWETHER INDEX climbed to its highest level for the year on Wednesday, breaching the 8,000 level after months of trading in consolidation phase, tracking Wall Street's rise and as investors became bullish on the Philippines' outlook following President Rodrigo R. Duterte's State of the Nation Address......»»

Category: financeSource:  bworldonlineRelated NewsJul 26th, 2017

Index ends flat on lack of cues

MANILA, Philippines - The stock market ended yesterday its five-day winning streak, finishing flat due to the absence of market moving news, analysts said......»»

Category: financeSource:  philstarRelated NewsMay 26th, 2017

Stock Market: PSEi ends flat on weak remittances, lack of leads

STOCKS traded flat on Tuesday, as investors digested weak remittance data for February and continued to search for positive leads......»»

Category: financeSource:  bworldonlineRelated NewsApr 18th, 2017

Index ends flat on lack of leads

MANILA, Philippines -  Share prices ended flat yesterday due largely to the absence of market-moving news, analysts said......»»

Category: financeSource:  philstarRelated NewsMar 30th, 2017

Index ends 5-day losing streak

MANILA, Philippines - The Philippine stock market put an end to its five-day losing streak yesterday as investors digested  the impact of British Prime Minis.....»»

Category: financeSource:  philstarRelated NewsJan 18th, 2017

Stock Market: PSEi ends flat on renewed concerns over 'Brexit'

THE MAIN INDEX failed to break out of negative territory, as reports about the United Kingdom pursuing its exit from the European Union (EU) triggered a sell-off in markets across the region......»»

Category: financeSource:  bworldonlineRelated NewsJan 16th, 2017

Index ends flat as market consolidates

MANILA, Philippines - The local stock market closed relatively flat yesterday, consolidating after second quarter corporate earnings reports and ahead of the.....»»

Category: financeSource:  philstarRelated NewsAug 15th, 2016

Investors flocking to equities amid continued strength

INVESTORS are shifting their attention to the equity market from the low-risk bond mart, as the bellwether index is seen breaching the 10,000 level in the next two years, the asset management arm of Bank of the Philippine Islands (BPI) said on Friday. Carlos A. Jalandoni, BPI Asset Management and Trust Corp. vice president and […] The post Investors flocking to equities amid continued strength appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsJan 12th, 2018

Another record high as PSEi breaches 8,900

THE stock market broke past the 8,900 level on Tuesday with investors continuing to show optimism in the economy following the implementation of a tax reform law. The benchmark Philippine Stock Exchange index (PSEi) jumped 2.04 percent or 178.60 points to close at 8,923.72, the highest since Friday’s 8,770 and the fourth record high since [...] The post Another record high as PSEi breaches 8,900 appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsJan 10th, 2018

Stock market dips, peso back at $50:$1

The stock market halted a run of record highs on Monday as investors resorted to profit-taking, while the peso also fell given the prospect of fresh US interest rate hikes. The bellwether Philippine Stock Exchange index (PSEi) retreated by 0.28 percent or 24.88 points to close at 8,745.12. The wider All Shares dipped 0.21 percent [...] The post Stock market dips, peso back at $50:$1 appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsJan 9th, 2018

Index extends win streak to 7, ends at new high

MANILA, Philippines — The stock market continued on its winning streak as it capped yesterday’s trading session with another record-high outcome......»»

Category: financeSource:  philstarRelated NewsJan 4th, 2018

PH manufacturing ends strong in 2017 — research group

The manufacturing sector sustained its strongperformance in the fourthquarter of 2018 evenas its growthslightlyweakened in December,the latestNikkeiPhilippinesManufacturing Purchasing Managers' Index (PMI) showed. Last month, the PMI score slightlydeclined to 54.2 from 54.8 in November,global research firm IHS Markit said in a statement Tuesday. IHS Markit nonetheless pointed out that the index level in December "still signalled a solid improvement in the health of the sector" as thefourth-quarteraverage was thestrongest last year. APMIscore of above 50 indicates an overall increase in manufacturing activity. "The Philippines' manufacturing economy finished the year with ...Keep on reading: PH manufacturing ends strong in 2017 — research group.....»»

Category: newsSource:  inquirerRelated NewsJan 3rd, 2018