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PSEi slightly down but stays above 8,900

The local stock barometer ended flat but stayed above the 8,900 level yesterday as some investors reassessed their portfolios following the recent run-up to record highs. The main-share Philippine Stock Exchange index (PSEi) shed 3.43 points or 0.04 percent to close at 8,920.29. While US stocks continued to rally overnight, the local market slowed after successive winning sessions from the last days of December, said Luis Gerardo Limlingan, managing director at local stock brokerage Regina Capital Development. "Index saw some pullback amid a lack of news flow in local front and as investors await the corporate results season which will be in full swing next month," Limlingan sai...Keep on reading: PSEi slightly down but stays above 8,900.....»»

Category: newsSource: inquirer inquirerJan 10th, 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

Stocks end flat on lack of leads, US-North Korea

THE MAIN INDEX closed flat on Monday due to a lack of leads, alongside muted trading overseas. The 30-member Philippine Stock Exchange index (PSEi)went down 0.06% or 4.61 points to close at 7,642.90 Monday, May 28. The broader all-shares index also dropped 0.14% or 6.56 points to 4,648.11. “Philippine markets closed slightly in the red […] The post Stocks end flat on lack of leads, US-North Korea appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsMay 28th, 2018

PSEi up slightly on growth news

Share prices inched up on Thursday following the announcement of strong first quarter economic growth, with analysts noting that investors had held back from a buying spree ahead of the results of a Monetary Board policy meeting. The benchmark Philippine Stock Exchange index (PSEi) added 15.73 points or 0.21 percent to close at 7,571 while [...] The post PSEi up slightly on growth news appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsMay 10th, 2018

PSEi falters, stays afloat 7,500

The unified PSE trading floor in BGC The local stock barometer slipped on Monday as investors digested a string of local corporate developments and the latest stream of first quarter earnings resul.....»»

Category: newsSource:  philippinetimesRelated NewsMay 8th, 2018

Local equities rise on bargain-hunting

The stock market recovered slightly on Wednesday as investors went bargain hunting, with analysts warning of continued volatility ahead with the benchmark index still at its lowest in nearly a year. The Philippine Stock Exchange index (PSEi) rose by 0.90 percent or 69.74 points to close at 7,793.13 while the wider All Shares grew 0.52 [...] The post Local equities rise on bargain-hunting appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsApr 18th, 2018

PSE index edges towards 8,000 ahead of US data

THE MAIN INDEX climbed slightly on Wednesday, moving closer to the 8,000 level, as investors awaited new catalysts such as US inflation data set to be released today. The local bellwether Philippine Stock Exchange index (PSEi) rose 9.25 points or 0.11% to 7,943.93. The broader all-shares index declined 3.76 points or 0.07% to 4,813.71. “Philippine […] The post PSE index edges towards 8,000 ahead of US data appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsApr 11th, 2018

PSEi falls below 8,000

The local stock barometer tumbled on Friday ahead of a long weekend break as US-China trade jitters escalated. The main-share Philippine Stock Exchange index (PSEi) lost 76.5 points or 0.95 percent to close at 7,945.66. The index was weighed down most by the financial, industrial and property counters which all fell by over 1 percent. On the other hand, the services and mining/oil counters gained slightly. Total value turnover for the day amounted to P7.58 billion. Foreign investors were mostly sellers resulting in net outflows of P482.69 million. There were 130 decliners that overwhelmed 80 advancers while 40 stocks were unchanged. The PSEi was weighed down most b...Keep on reading: PSEi falls below 8,000.....»»

Category: newsSource:  inquirerRelated NewsApr 6th, 2018

PSE index stays above 8,000, defies regional slump

  The local stock barometer stabilized above the 8,000 mark on Tuesday, defying the slump across most regional markets on selective buying of large-cap stocks. Reversing early losses, the main-share Philippine Stock Exchange index (PSEi) added 9.27 points or 0.12 percent to close at 8,048.72. Elsewhere in the region, stock markets were mostly lower, tracking the overnight decline in Wall Street. The PSEi was led higher by the holding firm and mining/oil counters, which both advanced by over 1 percent. The services and property counters also firmed up. On the other hand, the financial counter declined by 1.13 percent while the industrial counter also fell by 0.9...Keep on reading: PSE index stays above 8,000, defies regional slump.....»»

Category: newsSource:  inquirerRelated NewsApr 3rd, 2018

PSEi down slightly on investor caution

LOCAL shares dipped on Monday as investors remained cautious over upcoming monetary policy meetings. The benchmark Philippine Stock Exchange index (PSEi) lost 2.61 points or 0.03 percent to close at 8,238.54 while the wider All Shares dropped 0.68 percent or 33.70 points to finish at 4,948.80. “I think investors are just being cautious ahead of FOMC meeting,” [...] The post PSEi down slightly on investor caution appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsMar 19th, 2018

PSE underperforms regional marts

The local stock barometer slipped back to the 8,300 level in thin trading on Thursday, underperforming regional markets, as foreign investors continued to trim holdings while local investors traded mostly volatile smaller-cap stocks. The main-share Philippine Stock Exchange index (PSEi) shed 22.84 points or 0.27 percent to close at 8,381.85 while regional markets were mostly up as worries about trade wars eased. The PSEi was weighed down by the financial, industrial, holding firm and property counters. On the other hand, the services counter gained 1.04 percent, while the mining/oil counter also slightly rose. Value turnover was relatively thin at P5.83 billion as investors l...Keep on reading: PSE underperforms regional marts.....»»

Category: newsSource:  inquirerRelated NewsMar 8th, 2018

PSEi dips as trading week starts

Last-minute buying failed to boost the stock market on Monday with the bellwether Philippine Stock Exchange index (PSEi) losing 3.42 points or 0.04 percent to 8,361.69. The broader All Shares shed 0.02 percent or 0.80 points to close at 4,888.32. “Philippine markets traded mostly in the red but were up just to finish slightly down [...] The post PSEi dips as trading week starts appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsNov 28th, 2017

PSEi up slightly; Q3 results awaited

The stock market regained ground on Friday but stayed inside 8,200 territory as investors chose to await the release of more earnings results. The benchmark Philippine Stock Exchange index (PSEi) added 0.34 percent or 28.03 points to close at 8,295.95. The broader All Shares rose 0.25 percent or 12.11 points to finish at 4,857.56. “Philippine [...] The post PSEi up slightly; Q3 results awaited appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsOct 28th, 2017

PSEi gains 0.10%; market fails to breach 8,100

SHARE prices finished just slightly higher, with the market failing to breach the next resistance level at 8,100 on the PSEi. The benchmark Philippine Stock Exchange index (PSEi) closed up 0.10 percent or 8.27 points at 8,045.78. It was up 0.77 percent at the noon break. The wider All Shares inched up 0.04 percent or [...].....»»

Category: newsSource:  manilatimes_netRelated NewsJul 27th, 2017

Stock Market: PSEi to climb further as sentiment stays positive

THE MARKET is expected to trek higher this week on the back of sustained confidence on the country's good fundamentals, with short-term worries failing to dent investor optimism......»»

Category: financeSource:  bworldonlineRelated NewsMay 28th, 2017

Index edges up ahead of Fed meeting

MANILA, Philippines - The benchmark Philippine Stock Exchange index (PSEi) slightly recovered during yesterday’s session, ahead of the Sept......»»

Category: financeSource:  philstarRelated NewsSep 19th, 2016

Index rises on mining stocks recovery

MANILA, Philippines – The Philippine Stock Exchange index (PSEi) edged up yesterday, closing slightly higher by 0.29 percent or 23.21 points due in part to t.....»»

Category: financeSource:  philstarRelated NewsAug 16th, 2016

PSEi down nearly 20% from Jan 29’s record close

Trade war fears continued to weigh on investors sentiment on Wednesday with the benchmark Philippine Stock Exchange index (PSEi) losing losing 0.70 percent or 50.99 points to end at 7,261.62. It was the lowest since the 7,245.97 close posted on March 27 last year and was nearly 20 percent down — just short of bear territory — [...] The post PSEi down nearly 20% from Jan 29’s record close appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated News12 min. ago

Phoenix decimates GlobalPort, stays in hunt for playoff spot

Phoenix Petroleum sizzled with the most explosive game by any team in the league in last five conferences as the Fuel Masters walloped the GlobalPort Batang Pier, 135-108, to keep their flickering playoff hopes alive in the PBA Commissioner’s Cup at the Smart Araneta Coliseum Wednesday night......»»

Category: sportsSource:  philstarRelated News46 min. ago

Stocks nosedive, peso slightly up

Share prices continued to nosedive yesterday on escalating tension between the US and China and uncertainty ahead of the Bangko Sentral ng Pilipinas Monetary Board meeting, analysts said......»»

Category: financeSource:  philstarRelated News18 hr. 58 min. ago

Espenilla: BSP ‘ready’ for ‘timely’ adjustments

Monetary authorities “stand ready” to adjust policy, Bangko Sentral ng Pilipinas (BSP) Governor Nestor Espenilla Jr. said on Tuesday, to ensure that inflation stays within target. “The BSP remains strongly committed to maintaining a favorable inflation environment and we stand ready to timely adjust our policy settings…,: Espenilla said during a briefing before prospective Japanese [...] The post Espenilla: BSP ‘ready’ for ‘timely’ adjustments appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsJun 19th, 2018