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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: newsSource:  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

Stock market climbs back to 8,300 level

The stock market ended the trading week back in 8,300 territory, moving in line with other bourses in the region as investors cheered news on tax cuts in the United States and other positive developments elsewhere. The bellwether Philippine Stock Exchange index (PSEi) gained 1.27 percent or 104.64 points, closing at 8,311.08, while the wider [...] The post Stock market climbs back to 8,300 level appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsNov 17th, 2017

PSEi higher at noon break on strong GDP data

PHILIPPINE shares surged in early trading on Friday on the better-than-expected economic growth in the third quarter. The bellwether Philippine Stock Exchange index (PSEi) advanced 1.21 percent or 99.42 points to 8,305.86. The All Shares index added 41.83 points or 0.87 percent to 4,876.51. “We are starting to see the effects of the very positive GDP [gross [...] The post PSEi higher at noon break on strong GDP data appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsNov 17th, 2017

PH’s 6.9% economic growth in Q3 elates Palace

Malacaangon Thursdaywelcomed the 6.9 percent growth of the Philippine economy in the third quarter of 2017.   "That's good news," Presidential Spokesperson Harry Roque said in a Palace briefing.   The gross domestic product (GDP) grew 6.9% in the third quarter,exceeding the 6.7-percent growth in the second quarter and the 6.4 percent posted in the first quarter.     The growth, however, was slower than the7 percent growth in the third quarter of 2016 but still made the Philippines the second fastest-growing economy in Asia next to Vietnam.   Roque said the economic growth, fueled by business confidence in the country, could be attribute...Keep on reading: PH’s 6.9% economic growth in Q3 elates Palace.....»»

Category: newsSource:  inquirerRelated NewsNov 16th, 2017

PSEi retreats on news of weak OFW remittances

PHILIPPINE shares retreated in early trading on Wednesday as the market reacted to news of weaker remittances from overseas Filipino workers (OFWs) in September. The bellwether index lost 1.23 percent or 103 points to 8,276.64. The wider All Shares dropped 0.86 percent or 42.14 points to 4,871.77. “[The market reacted to the news on] overseas remittances, which… link: PSEi retreats on news of weak OFW remittances.....»»

Category: newsSource:  manilainformerRelated NewsNov 15th, 2017

CJ Sereno: Judicial independence, rule of law good for economy

MANILA – Chief Justice Maria Lourdes Sereno said on Wednesday that upholding judicial independence and the rule of law is crucial to restoring investor confidence and achieving economic prosperity. “To support the judiciary’s call for the Rule of Law is to support not only our democracy, but also to engender an environment conducive to economic […].....»»

Category: newsSource:  interaksyonRelated NewsNov 8th, 2017

Corporate results boost stock market to new high

Investors took heart from earnings results to boost the stock market to a new high on Monday with the benchmark Philippine Stock Exchange index (PSEi) gaining 1.75 percent or 146.94 points to close at 8,523.07. The wider All Shares rose 1.42 percent or 69.70 points to settle at 4,968.60. “Contrary to the regional trend, [the]Philippine [...] The post Corporate results boost stock market to new high appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsNov 6th, 2017