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 falls below 8,100 on profit-taking

SHARE prices fell further in early trading on Monday as investors continued to pocket earlier gains in the absence of fresh market-moving incentives. At the noon break, the bellwether index shed 1.02 percent or 83.28 points to 8,060.74. The broader All Shares lost 0.97 percent or 46.55 points to 4,739.41. “[There is] no new good news to propel the [...] The post PSEi falls below 8,100 on profit-taking appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsDec 4th, 2017

PSE’s P3.16B follow-on offer ok’d

The Securities and Exchange Commission (SEC) has approved a plan by the Philippine Stock Exchange to raise as much as P3.16 billion from the sale of shares to existing "eligible" investors. Based on a document issued by the SEC on Thursday, the PSE was authorized to sell as much as 11.5 million new common shares at an offer price of as much as P275 per share to existing eligible investors. Net proceeds from this offering will be used to repay debt to be incurred in connection with its plan to acquire Philippine Dealing Systems Holdings Corp. (PDS Group) PDS, the holding firm for fixed-income trading platform Philippine Dealing and Exchange Corp., Philippine Depositary and Trust...Keep on reading: PSE’s P3.16B follow-on offer ok’d.....»»

Category: newsSource:  inquirerRelated NewsJan 18th, 2018

Asia markets edge up as commodities rise, Apple fears ease

HONG KONG: Asian markets edged upward Wednesday in thin holiday trading, with investors shrugging off a negative Wall Street lead as fears over lacklustre iPhone demand eased, and commodities rose. Shares in Apple, the biggest US company by market capitalisation, had slumped 2.5 percent Tuesday, mirroring a move by its Asian suppliers, after a report [...] The post Asia markets edge up as commodities rise, Apple fears ease appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsDec 27th, 2017

Investors may focus on second, third-tier firms

SECOND- and third-tier firms — especially those with good prospects — could dominate trading during the final week of the year, analysts said. “With foreign fund managers on a holiday mode, local participants might dominate the week’s three-day trading session focusing mostly on second- and third-tier shares,” online brokerage 2TradeAsia said in a market note. [...] The post Investors may focus on second, third-tier firms appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsDec 24th, 2017

US stocks start little changed after climbing to new highs

NEW YORK — US stocks are mixed in early trading yesterday as investors wait for Congress to start voting on a tax bill that would lower corporate tax rates......»»

Category: newsSource:  philstarRelated NewsDec 20th, 2017

Bubble or brave new world? Bitcoin breaks $11,000 barrier

NEW YORK CITY, USA – Bitcoin surged above $11,000 for the first time on Wednesday, November 29, as it extends a stratospheric rise that has delighted investors but sparked fears of a bubble. The virtual currency achieved its first landmark of a historic day early in the Asian trading session, ........»»

Category: newsSource:  rapplerRelated NewsNov 30th, 2017

Bargain-hunting lifts PSEi by 0.26%

SHARE prices recovered from intra-day losses as investors went bargain-hunting, with the bellwether Philippine Stock Exchange index gaining 0.26 percent or 21.88 points to close at 8,365.11. The wider All Shares added 0.12 percent or 5.75 points to finish at 4,889.12. “Philippine markets kept to bargain hunting despite the light trading value due to the [...] The post Bargain-hunting lifts PSEi by 0.26% appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsNov 25th, 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