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Stock Market: PSEi drops below 7,800 line after Yellen speech

The signal from the US Federal Reserve on its next interest rate action weighed down local shares and pulled the main index below the 7,800 mark, a level some analysts earlier hoped would serve as a jump-off point to a rally......»»

Category: financeSource:  bworldonlineRelated NewsAug 30th, 2016

Stock Market: PHL shares snap winning streak on profit taking

THE BELLWETHER INDEX yesterday snapped its winning streak but remained within the 7,300 level, after investors locked in gains and rotated away from stocks overbought in the previous sessions......»»

Category: financeSource:  bworldonlineRelated NewsJan 11th, 2017

Stock Market: PSEi tracks Asian markets' rally in thin trade

PHILIPPINE SHARES joined Asian stocks that rallied on Tuesday, in thin trade and with little to guide them as most major markets were closed on Monday for Christmas holidays......»»

Category: financeSource:  bworldonlineRelated NewsDec 27th, 2016

Stock Market: PHL shares to remain weak amid lack of catalysts

AFTER STUMBLING to the 6,500 level last week, the main index is expected to remain under pressure as the year comes to a close, with investors likely to stay on the sidelines until a trigger for a rally surfaces......»»

Category: financeSource:  bworldonlineRelated NewsDec 26th, 2016

Stock Market: PSE index drops on Robredo, Renzi resignations

STOCKS slumped at the start of the week following Vice-President Maria Leonor G. Robredo's resignation from her post in the Cabinet and the result of the Italian referendum that caused Prime Minister Matteo Renzi to also step down from his post......»»

Category: financeSource:  bworldonlineRelated NewsDec 5th, 2016

Stock Market: PSEi declines anew on jitters ahead of Fed, OPEC

LOCAL SHARES resumed their slide yesterday as investors continued to dump stocks amid persisting uncertainties due to a change in government in the US under president-elect Donald Trump and rate hike plans by the Federal Reserve......»»

Category: financeSource:  bworldonlineRelated NewsNov 28th, 2016

Stock Market: Stocks to move sideways ahead of key US data

LOCAL SHARES are expected to move sideways this week as investors await key data releases overseas, analysts said......»»

Category: financeSource:  bworldonlineRelated NewsNov 27th, 2016

Stock Market: PSEi drops below 7,000 anew on Fed hike jitters

THE MAIN INDEX slipped below the 7,000 line again on Monday despite hopes of an extended rebound amid the lack of local catalysts and lingering concerns over a possible US Federal Reserve rate hike next month......»»

Category: financeSource:  bworldonlineRelated NewsNov 21st, 2016

Stock Market: PSEi wipes out 2016's gains as selling continues

THE MAIN INDEX erased all its gains for the year thus far, starting the week in the red as foreign investors continued to dump shares amid persisting global uncertainties and as weak earnings from local corporates further dragged market sentiment......»»

Category: financeSource:  bworldonlineRelated NewsNov 14th, 2016

Stock Market: Shares slide further ahead of Fed, US elections

STOCKS fell on the first trading day of the month, weighed down by persisting market uncertainty due to election jitters in the US and the possible action of the Federal Reserve at the end of its closely-watched policy meeting......»»

Category: financeSource:  bworldonlineRelated NewsNov 2nd, 2016

Stock Market: Stocks barely budge on final Clinton, Trump face-off

PHILIPPINE shares ended flat yesterday after investors took profit from the previous days' gains with the final US presidential debate weighing on sentiment......»»

Category: financeSource:  bworldonlineRelated NewsOct 20th, 2016

Stock Market: PSEi returns to 7,700 as markets cheer China data

PHILIPPINE shares rallied for a second straight day to bring the benchmark index past 7,700 level as most Asian markets cheered favorable economic data from China......»»

Category: financeSource:  bworldonlineRelated NewsOct 19th, 2016

Stock Market: PSEi drops further on Fed interest rate hike bets

THE MARKET extended its slide yesterday amid uncertainty in overseas markets and on top of heightened possibility of a US Federal Reserve rate hike, analysts said......»»

Category: financeSource:  bworldonlineRelated NewsOct 13th, 2016

Duterte takes stock market on wild ride in first 100 days

Investors in Philippine shares are giving Rodrigo Duterte the worst reception for a new President in almost two decades.....»»

Category: newsSource: NewsOct 7th, 2016

Stock Market: Stocks decline as investors flee on local concerns

THE BELLWETHER index was down yesterday on local factors, including the heavy decline in Globe Telecom, Inc. shares as well as foreigners pulling out their funds ahead of the US elections......»»

Category: financeSource:  bworldonlineRelated NewsOct 6th, 2016

Stock Market: Shares climb as Deutsche Bank concerns ease

LOCAL STOCKS eked out a small gain on Monday, following a rise in Asian shares as concerns eased over the stability of German lender Deutsche Bank......»»

Category: financeSource:  bworldonlineRelated NewsOct 3rd, 2016

Stock Market: PHL shares recover as investors pick up bargains

MOST STOCKS leaped into the positive territory on Wednesday, after investors hunted for bargains from a three-day losing streak amid reaffirmations of the Philippine economy's bright prospects......»»

Category: financeSource:  bworldonlineRelated NewsSep 28th, 2016

Stock Market: Stocks slip to 7,500 as foreign selling continues

THE LOCAL stock barometer traded further south to revisit the 7,500 territory, as foreign investors dumped more shares for the 24th consecutive session amid political uncertainties worldwide, including concerns over President Rodrigo R. Duterte's pronounc.....»»

Category: financeSource:  bworldonlineRelated NewsSep 27th, 2016

Stock Market: Shares eke out gain after BoJ policy statement

THE STOCK MARKET managed to wipe out early losses to post a gain on Wednesday, after the Bank of Japan (BoJ) unveiled a modified policy framework to tackle deflation and revive the world's second largest economy......»»

Category: financeSource:  bworldonlineRelated NewsSep 21st, 2016

More listed firms buy back shares

MANILA, Philippines - Listed companies continue to buy back shares to support their stock amid the prevailing market volatility......»»

Category: financeSource:  philstarRelated NewsSep 19th, 2016