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PSEi retreats below 8000 on geopolitical tensions

The stock market retreated yesterday, closing again at below the 8,000 mark on geopolitical concerns, analysts said......»»

Category: financeSource: philstar philstarApr 16th, 2018

Market to remain volatile amid overseas tensions

VOLATILITY may prevail in the week ahead, following the Philippine Stock Exchange index’s (PSEi) sharp decline last week due to a mix of geopolitical concerns and fears of an overheating economy.  The bellwether PSEi ended 0.57% or 44.48 points higher to 7,726.72 last Friday, managing to eke out gains after its steep fall on Thursday. The […] The post Market to remain volatile amid overseas tensions appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsApr 22nd, 2018

PSEi retreats to 7,800 level

The local stock barometer pulled back sharply on Friday as foreign investors resumed their selldown of local equities. The main-share Philippine Stock Exchange index (PSEi) slid by 143.09 points or 1.78 percent to close at 7,899.98. Regional markets were mixed but trade war tensions started to ease. For the four-day trading week, the index lost 45.68 points from the previous week's finish of 7,945.66. All counters ended lower, but the most battered was the holding firm counter which fell by 2.87 percent as investors sold down shares of SM Investments and Metro Pacific, which both slid by over 4 percent. The property counter faltered by 1.72 percent. There were 134 dec...Keep on reading: PSEi retreats to 7,800 level.....»»

Category: newsSource:  inquirerRelated NewsApr 13th, 2018

Asian markets down; more volatility tipped

HONG KONG: Asian markets fell on Friday as trade tensions and geopolitical worries kept investors from tracking a rebound on Wall Street, with observers warning of further volatility to come....READ MORE The post Asian markets down; more volatility tipped appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsOct 26th, 2018

PSEi tracks regional drop, falls to 7,197.62

THE stock market retreated on Tuesday as investors took profits amid a regional decline blamed on rising geopolitical risks. The Philippine Stock Exchange index (PSEi) fell by 0.53 percent or...READ MORE The post PSEi tracks regional drop, falls to 7,197.62 appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsOct 24th, 2018

PSEi drops to 6,900 on US-Saudi tensions

THE stock market fell back to the 6,900 level on Monday as investor sentiment was dented by political tensions between the United States and Saudi Arabia. The benchmark Philippine Stock Exchange index (PSEi) traded most of the day in the green before falling by 1.12 percent or 78.26 points to close at 6,926.51. The broader [...] The post PSEi drops to 6,900 on US-Saudi tensions appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsOct 15th, 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

Peso down on risk-off sentiment

BW FILE PHOTO THE PESO weakened anew against the dollar on Tuesday as risk-off sentiment prompted investors to shy away from riskier currencies due to the geopolitical tensions overseas. The local currency ended Tuesday’s session at P54.24 versus the greenback, 5.5 centavos lower than the P54.185-per-dollar finish last Monday. The peso opened the session slightly… link: Peso down on risk-off sentiment.....»»

Category: newsSource:  manilainformerRelated NewsOct 9th, 2018

Peso down on risk-off sentiment

THE PESO weakened anew against the dollar on Tuesday as risk-off sentiment prompted investors to shy away from riskier currencies due to the geopolitical tensions overseas. The post Peso down on risk-off sentiment appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsOct 9th, 2018

Peso to drop ahead of Fed, BSP

THE PESO will likely weaken anew this week due to escalated geopolitical tensions overseas and in anticipation of the possible policy tightening of the local and US central banks. The post Peso to drop ahead of Fed, BSP appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsSep 23rd, 2018

PSEi falls to 7,300 as US-China trade war heats up

THE stock market fell to the 7,300-level in early trading on Tuesday as escalating trade tensions between the United States and China rattled investor sentiment. The Philippine Stock Exchange index (PSEi) finished the morning session down 109.47 points or 1.48 percent at 7,304.09 while the wider All Shares declined 54 points or 1.19 percent to [...] The post PSEi falls to 7,300 as US-China trade war heats up appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsSep 18th, 2018

Stock market surges 2%; returns to 7,600 level

Easing trade tensions, increased net foreign buying and higher volumes allowed the stock market to return to the 7,600 level on Thursday. The bellwether Philippine Stock Exchange index (PSEi) surged by 151.85 points or 2.02 percent to close at 7,665.84. The broader All Shares, meanwhile, rose 69.99 points or 1.54 percent to end at 4,605.52. [...] The post Stock market surges 2%; returns to 7,600 level appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsJul 26th, 2018

PSEi up 2% in early trade on easing trade tensions

THE stock market was higher in early trading on Thursday with sentiment buoyed by easing trade tensions overseas coupled with increased net foreign buying and volumes. At the noon break, the bellwether Philippine Stock Exchange index (PSEi) was up 151.84 points or 2.02 percent at 7,665.84. The broader All Shares rose 68.27 points or 1.51 [...] The post PSEi up 2% in early trade on easing trade tensions appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsJul 26th, 2018

G20 urges dialogue to resolve trade tensions

Group of 20 members have pleaded for increased dialogue to defuse escalating trade tensions that could hit global economic growth hard. Finance ministers and central bankers from 20 leading economies recently closed a two-day meeting in Buenos Aires warning that “heightened trade and geopolitical tensions” threaten the economic expansion. It comes at a time when […].....»»

Category: newsSource:  tribuneRelated NewsJul 23rd, 2018

PH, Asian markets cower as US, China trade tensions persist

The benchmark Philippine Stock Exchange index (PSEi) closed below the 7,000 mark on Monday, as uncertainties over trade tensions between the United States and China weighed on investor sentiments i.....»»

Category: newsSource:  philippinetimesRelated NewsJun 26th, 2018

PSEi touches 6,900

Continued sell-off blamed on escalating global trade tensions THE stock market capped the week by falling for a seventh straight session on Friday, briefly dipping to the 6,900 level with sell-offs persisting in the wake of news that more countries had announced retaliatory tariffs against the United States. The bellwether Philippine Stock Exchange index (PSEi) [...] The post PSEi touches 6,900 appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsJun 22nd, 2018

Stock market down anew as US-China tensions rise

Benchmark PSEi touches 7,200, closes 1.37% down at 7,312.61 The stock market plunged to an over one-year low on Tuesday, touching the 7,200 level at one point as escalating trade tensions between the world’s two largest economies further dampened investor sentiment. News that US President Donald Trump was threatening to… The post Stock market down anew as US-China tensions rise appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsJun 19th, 2018

Hot money back to net outflow on peso, inflation worries

MORE FOREIGN FUNDS left the Philippines in May, capping two months of net inflows, amid global geopolitical tensions and higher yields in the United States, the Bangko Sentral ng Pilipinas (BSP) reported on Thursday. The post Hot money back to net outflow on peso, inflation worries appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsJun 14th, 2018

PSEi up as investors shrug off G7 dispute

LOCAL share prices firmed up on Monday as investors downplayed heightened trade tensions following an acrimonious meeting of the world’s biggest economies. The benchmark Philippine Stock Exchange index (PSEi) added 30.56 points or 0.40 percent to close at 7,771.30 while the wider All Shares rose 0.31 percent or 14.44 points to end at 4,704.54. “Philippine shares closed [...] The post PSEi up as investors shrug off G7 dispute appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsJun 12th, 2018

Stocks snap losing streak on MSCI, easing tensions

THE MAIN INDEX snapped its three-day losing streak on Thursday, ending the month of May on a positive note, as investors focused on the MSCI rebalancing and easing geopolitical concerns. The post Stocks snap losing streak on MSCI, easing tensions appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMay 31st, 2018

Stocks end slightly lower in thin trade

Philippine stocks closed slightly lower on Monday mainly as investors stayed on the sidelines given geopolitical uncertainties overseas. The benchmark Philippine Stock Exchange Index (PSEi) was dow.....»»

Category: newsSource:  philippinetimesRelated NewsMay 29th, 2018