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Peso declines on bargain-hunting

THE PESO dropped against the dollar on Friday due to bargain-hunting in the afternoon session and despite softer US producer prices data as well as hawkish European Central Bank (ECB) minutes. The local currency finished at P50.40 against the greenback at the week’s close, moving sideways as it lost four centavos from its P50.36-per-dollar close […] The post Peso declines on bargain-hunting appeared first on BusinessWorld......»»

Category: financeSource: bworldonline bworldonlineJan 12th, 2018

Bargain-hunting, peso boost PSEi

THE stock market recovered on Tuesday as investors hunted for bargain issues while cheering a peso recovery. The bellwether Philippine Stock Exchange index (PSEi) grew by 0.87 percent or 60.51...READ MORE The post Bargain-hunting, peso boost PSEi appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsOct 16th, 2018

Market gains expected with selling ‘exhausted’

THE stock market could see gains due to bargain-hunting following a run of declines and ahead of the release of latest inflation data this Friday. Last week was “the fourth week in a row that the index ended in the red, which has brought prices back down to more attractive levels,” Eagle Equities Inc. research [...] The post Market gains expected with selling ‘exhausted’ appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsSep 30th, 2018

Peso, stocks bounce back

The stock market made a giant leap yesterday, boosted by bargain hunting and a spate of good news after several days of turmoil which pushed the market deep into bear territory......»»

Category: financeSource:  philstarRelated NewsSep 22nd, 2018

PH stocks higher ahead of US-China trade talks

SHARE prices firmed up in early trading on Wednesday on bargain-hunting following recent declines and with investors turning optimistic about the upcoming trade talks between the United States and China. The benchmark Philippine Stock Exchange index was up 84.43 points or 1.13 percent at 7,584.96 at the noon break while the wider All Shares was up 40.10 points or [...] The post PH stocks higher ahead of US-China trade talks appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsAug 22nd, 2018

PSEi up over 2%, rebounds to 7,100

The stock market returned to the 7,100 level on Wednesday, bucking declines elsewhere in the region in a showing attributed to bargain-hunting and quarter-end window dressing. The benchmark Philippine Stock Exchange index (PSEi) jumped by 2.42 percent or 169.22 points to end the day at 7,176.43. The broader All Shares rose 1.62 percent or 69.99 [...] The post PSEi up over 2%, rebounds to 7,100 appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsJun 28th, 2018

PSEi recovers on bargain-hunting

SHARE prices bounced back on Wednesday on bargain-hunting following recent declines. The benchmark index rose 1.37 percent or 117.14 points to close at 8,667.56. The broader All Shares grew 1.16 percent or 58.17 points to end at 5,086.08. Eagle Equities, Inc. President Joseph Roxas said the market recovered following a two-day decline, coupled with the [...] The post PSEi recovers on bargain-hunting appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsFeb 7th, 2018

Peso inches higher against dollar

THE PESO inched higher against the dollar on Thursday due to reports of China slowing down its purchases of US Treasury bonds and amid bargain-hunting in the afternoon session. The local currency moved sideways to finish at P50.36 against the greenback yesterday, two centavos stronger than its P50.38-per-dollar close on Wednesday. The peso opened the […] The post Peso inches higher against dollar appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsJan 12th, 2018

PH stocks rebound on bargain hunting

Philippine shares closed the week in green territory, driven by a technical rebound following seven consecutive days of declines. The PSEi increased by 0.44 percent or 34.11 points to 7,807.42. The wider All Shares rose by 0.31 percent or 14.51 points to .....»»

Category: newsSource:  manilatimes_netRelated NewsSep 2nd, 2016

Bargain hunting pushes recovery in share prices

The stock market recovered yesterday as some investors decided to hunt for some bargains. The benchmark Philippine Stock Exchange index (PSEi) soared 102.87 points, or 1.40 percent, to finish at 7,451.08......»»

Category: financeSource:  philstarRelated NewsDec 11th, 2018

Bargain hunting props up stocks

The stock market surged yesterday as foreign investors returned for some bargains......»»

Category: financeSource:  philstarRelated NewsNov 23rd, 2018

Peso back at P53:$1, PSEi dips

The peso returned to the P53:$1 level on Monday while the stock market retreated, with analysts blaming the declines to outside developments. The currency, which lost 39 centavos on Friday, dropped...READ MORE The post Peso back at P53:$1, PSEi dips appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsNov 13th, 2018

Bargain hunting to prop up market this week

The stock market pulled back last week, but traders said it should be an opportunity for market investors to accumulate......»»

Category: financeSource:  philstarRelated NewsNov 11th, 2018

Stocks climb on bargain-hunting

Stocks climb on bargain-hunting.....»»

Category: financeSource:  thestandardRelated NewsOct 16th, 2018

Stocks bounce back on bargain hunting

Share prices bounced back yesterday after the market’s sharp fall on Thursday......»»

Category: financeSource:  philstarRelated NewsOct 13th, 2018

Bargain hunt makes PSEi bounce back above 7,000

THE MAIN INDEX clawed its way back above the 7,000 mark on Friday from Thursday’s worst year-to-date finish on bargain hunting and signs that Sino-US trade tensions could ease. The post Bargain hunt makes PSEi bounce back above 7,000 appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsOct 12th, 2018

PSEi returns to 7,000; world markets rebound

THE stock market climbed back to the 7,000 level on Friday, with analysts pointing to bargain-hunting following Thursday’s rout and news that US President Donald Trump could meet with his Chinese counterpart, Xi Jingping, during next month’s G20 summit. The Philippine Stock Exchange index (PSEi) rose by 1.75 percent or 120.39 points to close at [...] The post PSEi returns to 7,000; world markets rebound appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsOct 12th, 2018

Marginal gain snaps PSEi’s losing streak

The stock market snapped a three-day decline on Tuesday, posting a marginal rise attributed to bargain-hunting. The Philippine Stock Exchange index (PSEi) ended the day up 0.12 percent or 8.56 points at 7,059.38 but the All Shares fell by 0.28 percent or 12.15 points to finish at 4,335.69. Investors found an opportunity to hunt for [...] The post Marginal gain snaps PSEi’s losing streak appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsOct 10th, 2018

Psei up 1.10% on bargain-hunting

Bargain-hunting led to a stock market rebound on Wednesday, with the benchmark Philippine Stock Exchange index (PSEi) adding 78.51 points or 1.10 percent to close at 7,210.87. The broader All Shares grew by 0.55 percent or 24.17 points to finish at 4,422.97. Diversified Securities Inc. trader Aniceto Pangan said investors took the opportunity to shop [...] The post Psei up 1.10% on bargain-hunting appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsOct 3rd, 2018

Bargain hunters expected to enter market this week

The stock market may enjoy some bargain hunting and bounce back from weeks of being in the red this week......»»

Category: financeSource:  philstarRelated NewsSep 30th, 2018

Bargain-hunting lifts PSEi by 0.72%

Investors took to buying ahead of a Monetary Board policy meeting on Thursday, lifting the benchmark Philippine Stock Exchange index (PSEi) back to the 7,300 level. The PSEi rose by 0.72 percent or 52.38 points to close at 7,320.59 while the wider All Shares grew 0.52 percent or 23.34 points to end at 4,438.81. First [...] The post Bargain-hunting lifts PSEi by 0.72% appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsSep 27th, 2018