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PH shares soar in early trading on investors’ confidence in economy

PH shares soar in early trading on investors’ confidence in economy.....»»

Category: newsSource: manilatimes_net manilatimes_netSep 14th, 2017

PSEi up 1.49%, mirrors US and regional markets

PHILIPPINE shares rebounded during the early trading Wednesday climbing just above the 8,000 level as the local market mimicked its regional counterparts, including the US closing up overnight. The benchmark Philippine Stock Exchange index (PSEi) jumped 1.49 percent or 117.99 points at 8,024.59. The broader All Shares gained 1.04 percent or 49.09 points at 4,773.00. [...].....»»

Category: newsSource:  manilatimes_netRelated NewsAug 2nd, 2017

PSEi breaches 8,000 on early trading on US market, window-dressing

SHARE prices rebounded during the early trading Wednesday, hitting the 8,000 resistance level as the local market mirrored its US counterpart closing up overnight, coupled with possible window-dressing. The benchmark index jumped 1.05 percent or 83.48 points at 8,055.20. The broader All Shares rose 0.64 percent or 30.55 points at 4,783.88. “As of lunch break [...].....»»

Category: newsSource:  manilatimes_netRelated NewsJul 26th, 2017

Stock Market: Bargain hunt extends equities' slight gains

LOCAL SHARES extended slight gains for a second trading day on bargain hunting on Monday, which also saw foreign investors remain net buyers for a third straight day......»»

Category: financeSource:  bworldonlineRelated NewsJul 3rd, 2017

Stock Market: PHL shares post gains ahead of Fed rate decision

STOCKS swung from losses to gains in the first two days of the shortened trading week as investors await strong catalysts ahead of news on the direction of interest rates in the US......»»

Category: financeSource:  bworldonlineRelated NewsJun 14th, 2017

Economy: Martial law not seen derailing growth

ECONOMIC GROWTH will remain intact with little disruption expected to result from the imposition of military rule in Mindanao, Moody's Investors Service said in a report, though it noted that uncertainty surrounding the rule of law could erode investor confidence if left unchecked......»»

Category: financeSource:  bworldonlineRelated NewsMay 31st, 2017

Stock Market: Sideways trading seen with Q1 GDP report in focus

LOCAL SHARES are expected to continue moving sideways this week as investors await details of the country's first quarter gross domestic product (GDP) report due Thursday to provide fresh leads......»»

Category: financeSource:  bworldonlineRelated NewsMay 14th, 2017

US stock indexes veer higher as consumer confidence gains

US stock indexes moved slightly higher in morning trading yesterday as investors weighed the latest batch of company earnings and economic news......»»

Category: worldSource:  philstarRelated NewsMar 28th, 2017

Stock Market: PSEi extends gains on positive market sentiment

THE LOCAL MARKET extended its gains into the second week of this year's trading, as investors remain optimistic about the global economy's direction despite mixed signals from the United States and China......»»

Category: financeSource:  bworldonlineRelated NewsJan 9th, 2017

Foreign investments surge to $5.9b

Net inflows of foreign direct investments jumped 25 percent in the first nine months to $5.9 billion from $4.7 billion a year ago, on sustained investors’ confidence in the economy......»»

Category: financeSource:  thestandardRelated NewsDec 12th, 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: 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

Bearish sentiment to hound PH shares

Investors will try to grapple with uncertainties this week on how the the Federal Reserve will react to the latest job data in the world’s largest economy and how the Philippine government will support its fiscal spending program among other urgent.....»»

Category: newsSource:  manilatimes_netRelated NewsSep 4th, 2016

Stock Market: Local shares eke out gains in lackluster trading

LOCAL SHARES closed with some gains on Monday as some investors bought back oversold stocks while others stayed on the side watching how interest rates in the US would be moving towards the end of the year......»»

Category: financeSource:  bworldonlineRelated NewsAug 22nd, 2016

US stocks rise to record highs after payrolls boost

NEW YORK – US stocks jumped to record highs Friday after a strong jobs report for the month of July gave investors more confidence that the economy is still.....»»

Category: financeSource:  philstarRelated NewsAug 6th, 2016

Has NU finally found its post-Alolino point guard in Bartlett?

Playing in only his second game and matched up against De La Salle University, Jordan Bartlett came through for National University. Coming off the bench and out of nowhere, the erstwhile anonymous Filipino-American dropped a career-high 23 points in 69 percent shooting on top of four assists and four rebounds in the Bulldogs’ close 109-115 loss to the Green Archers last Saturday. And according to head coach Jamike Jarin, Bartlett can only get better. “What you saw in Jordan was still an up-and-down game. He’s just gonna get better,” he said. Without a doubt, Jarin was nothing but happy to see his rookie break out this early in his collegiate career. “I’m just happy kasi you just guide these kids. He did really play well today,” he said. The first-year point guard came over from Maryland, USA a year ago – 13 years or so after his first trip here. “I first went to the Philippines when I was five then we lived here for maybe two years. But all I have from then are faded memories,” he shared. He then continued, “So this is kind of my first time living here. So far, it’s all been a good experience for me.” Bartlett’s return to his hometown was much welcome for NU which has been searching for steady hands at the point guard position ever since Gelo Alolino left. All four of the Sampaloc-based squad’s four playoff berths from 2012 to 2015 had Alolino at he helm of the attack. After his graduation, they have tried and tested the likes of Rev and Chammy Diputado to mixed results. Now, the Bulldogs have someone who had just gone toe-to-toe with Season 79 Rookie of the Year Aljun Melecio. “I use my quickness to beat people. I can attack and create for my teammates and it all starts with me pushing the ball,” he said. He then continued, “That’s how I am with defense as well.” And the blue and gold have even more reason to celebrate as their emerging force is raring for more. Asked if he’s ready for more responsibilities, he answered, full of confidence, “Of course!” --- Follow this writer on Twitter, @riegogogo. .....»»

Category: sportsSource:  abscbnRelated NewsSep 19th, 2017

Tokyo shares drop in early trade

Tokyo shares drop in early trade.....»»

Category: newsSource:  manilatimes_netRelated NewsAug 14th, 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

Stocks rise on window-dressing, ahead of more Q2 results

SHARE prices on the Philippine Stock Exchange (PSE) closed firmer on Friday on window-dressing for the end of the month while investors took positions for the release of more second-quarter earnings results. The benchmark PSEi finished up 25.69 points or 0.32 percent at 8,071.47. The wider All Shares added 9.02 points or 0.19 percent to [...].....»»

Category: newsSource:  manilatimes_netRelated NewsJul 28th, 2017

Fed signals good for the Philippines -- Guinigundo

THE FEDERAL RESERVE's decision this week to keep rates steady and to trim its massive bond holdings "soon" signals confidence in the US economy's recovery that, in turn, will benefit the Philippines, a senior central bank official told reporters late on Thursday......»»

Category: newsSource:  bworldonlineRelated NewsJul 28th, 2017

Fed signals confidence

WASHINGTON -- The Federal Reserve kept interest rates unchanged on Wednesday and said it expected to start winding down its massive holdings of bonds "relatively soon" in a sign of confidence in the US economy......»»

Category: newsSource:  bworldonlineRelated NewsJul 27th, 2017