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PSEi surges with strong foreign buying ahead of Lunar New Year break
MANILA, Philippines —The Philippine Stock Exchange Index (PSEi) rose on Thursday due to strong foreign buying ahead of the long weekend. By the end of trading, the PSEi went up by 0.29 percent (20.12 points) to reach 6,850.16, while the broader All Shares index rose by 0.21 percent (7.45 points) to 3,574.21. There will be.....»»
NBA: Antetokounmpo out with injury but Bucks still beat Clippers
MILWAUKEE — Not even the absence of Giannis Antetokounmpo could cool off the Milwaukee Bucks. Damian Lillard scored 41 points as the Bucks came from behind to beat the Los Angeles Clippers 113-106 on Monday night for their sixth straight victory. Antetokounmpo watched from the bench with left Achilles tendinitis as the two-time MVP missed.....»»
Historically low valuation
The Philippine stock market bloodbath over the past two years saw the PSEi plummet from 7,122.6 on the last trading day of 2021 to 6,566.4 on the last trading day of 2022 for a 7.8 percent annual retreat and slide even further in 2023 to close at 6,450.0 on the last trading day of the year. In terms of valuation, the PSEi’s 2023 year-end 12.9x price-to-earnings (P/E) ratio does not fare well when compared against its past performance in prior years......»»
PSEi to stay at 6,700 ahead of inflation data
The stock market will try to hold on to the 6,700 level this week as investors will be on the lookout for inflation data and corporate earnings results......»»
First Metro thinks PSEi could hit 7,500 this year
First Metro Investment Corp head of research, Cristina Ulang, said that the PSEi could rise to as high as 7,500 this year......»»
PDEA: 7 drivers yield positive results in drug testing
PDEA: 7 drivers yield positive results in drug testing.....»»
NBA: James triple-double pulls Lakers past Grizzlies
LeBron James returned from a one-game absence to post a 23-point triple-double on Wednesday and lead the Los Angeles Lakers to a 136-124 NBA victory over the Memphis Grizzlies. James sat out the Lakers’ come-from-behind double-overtime victory over the Milwaukee Bucks on Tuesday with a sore left ankle. READ: NBA: Giannis tows Bucks over Thunder .....»»
Warriors mikastigo sa Bucks
Warriors mikastigo sa Bucks.....»»
Griffin gitangtang isip Bucks coach
Griffin gitangtang isip Bucks coach.....»»
Bucks fire coach despite 30-13 record
Bucks fire coach despite 30-13 record.....»»
NBA: Lillard’s 45 lift Bucks over Detroit
Damian Lillard scored a season-high 45 points and Giannis Antetokounmpo added 31 to lead the Milwaukee Bucks over NBA doormat Detroit 141-135 on Saturday. Lillard, who arrived from Portland in a pre-season trade, had 11 assists and made 12-of-22 shots from the floor, 5-of-11 from 3-point range, and hit all 16 of his free throw attempts......»»
Giannis wa miduwa; Bucks gilampornas
Giannis wa miduwa; Bucks gilampornas.....»»
Stock market update: S& P 500 reaches all-time high following strong jobs report and impressive tech earnings.
Stocks closed the week on a positive note as the U.S. job market showed robust growth and tech companies delivered impressive earnings. The S&P 500.....»»
BSP boss shines spotlight on insider trading
As reported by the BusinessMirror, BSP Governor Eli Remolona gave a speech at the Manila Polo Club to a meeting of Rotary Club members where he noted the problem of insider trading, citing the specific example of how “nothing moves” when listed companies report overwhelmingly positive earnings because those trades were placed ahead of the announced earnings......»»
GT Capital posts record high core earnings in 2023
GT Capital Holdings Inc., the listed conglomerate of the Ty Group finished 2023 with all-time high core earnings, buoyed by record-setting financial results from core businesses......»»
Stock traders to keep track of inflation, earnings data
Investors will keep a close eye on the country’s inflation data and the release of more corporate earnings results this week to serve as catalysts for a potential climb back to the 7,000 mark......»»
Nvidia exceeds expectations with strong results and forecasts as China sales decline significantly
Nvidia (NVDA) Exceeds Expectations with Strong Fourth-Quarter Earnings Graphics chip giant Nvidia (NVDA) has reported fourth-quarter earnings that surpassed analysts’ expectations, both on the top.....»»
Market gets ready for earnings results
The stock market is priming up for the release of fourth quarter and full-year 2023 corporate earnings starting this week after laying the groundwork for further ascent last week, traders said......»»
Stocks to test 7,000 resistance
The stock market looks to sustain its momentum and advance to the 7,000 level this week, with investors keeping an eye on more corporate earnings results and positive cues abroad to fend off selling pressures......»»
Market extends winning streak
Positive sentiment on earnings results of local companies pushed the stock market above the 6,900 level, extending its winning streak to a third straight day......»»