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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

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 trims gains after hitting intra-day high

THE stock market hit a new intra-day record on Tuesday but trimmed its gains as the day ended. After jumping to as high as 8,969, profit-taking pulled the bellwether Philippine Stock Exchange index (PSEi) down to a close of 8,865.13, still up 0.08 percent or 7.41 points from the previous day. The broader All Shares, [...] The post PSEi trims gains after hitting intra-day high appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsJan 16th, 2018

Airbnb lets users stagger cost of stays

  Airbnb is now letting users stagger the cost of their bookings. Travelers can cover the total cost of their rental, including Airbnb fees, in a maximum of two installments. No extra fees apply to bookers choosing this payment option. Airbnb points out that this is not a credit offer. This option is only available for bookings of a minimum $250 or 200 (over P12,000). Bookings must also be made at least 14 days before the first day of the stay. Payment is possible by bank card or by Paypal. The first 50 percent installment is debited at the time of booking, while the remainder is debited a few days prior to the guest's arrival, depending on the host's payment policy. Us...Keep on reading: Airbnb lets users stagger cost of stays.....»»

Category: newsSource:  inquirerRelated NewsJan 16th, 2018

Peso rises as dollar consolidates

THE PESO strengthened slightly against the dollar on Monday as the greenback weakened against other major and regional currencies. The local currency moved sideways to end at P50.37 against the greenback yesterday, three centavos stronger than its P50.40-per-dollar close on Friday. The peso opened Monday’s session at P50.32 against the dollar, while its intraday low […] The post Peso rises as dollar consolidates appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsJan 16th, 2018

Stock market up on foreign buying

SHARE prices advanced on Monday with the bellwether Philippine Stock Exchange index (PSEi) adding 0.49 percent or 43.10 points to close at 8,857.72. The broader All Shares, meanwhile, gained 0.55 percent or 27.84 points to finish at 5,126.59. “I don’t see any new market-moving events that have boosted the market and the volume is quite [...] The post Stock market up on foreign buying appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsJan 15th, 2018

Alab torches Mono Vampire, stays in race

MANILA, Philippines — Tanduay Alab Pilipinas regained its winning ways, blasting Mono Vampire Basketball Club, 114-87, to wheel back into contention in the A.....»»

Category: sportsSource:  philstarRelated NewsJan 15th, 2018

Philippines stays out of US piracy list

MANILA, Philippines — The Philippines has managed to stay out of the US list of “notorious markets” for piracy and trademark counterfeiting for the sixth str.....»»

Category: financeSource:  philstarRelated NewsJan 15th, 2018

Federer deflects attention to Nadal, Djokovic in Australia

By John Pye, Associated Press MELBOURNE, Australia (AP) — Roger Federer prefers to think of Rafael Nadal or Novak Djokovic as the favorites for the Australian Open title, despite entering as defending champion and coming off a worry-free preparation. "I play down my chances just because I don't think a 36-year-old should be a favorite of a tournament," Federer said Sunday on the eve of the year's first Grand Slam tournament, "It should not be the case. "That's why I see things more relaxed, you know, at a later stage of my career." The 19-time major winner can afford to relax slightly longer, given the half of the draw that he shares with Djokovic doesn't start until day two. Top-ranked Nadal will get under way Monday night against Victor Estrella Burgos on Rod Laver Arena, where he lost the final in five sets to Federer last year. All four singles finalists were 30 or older here last year in what became a tournament for the ages, and three of them are back. Serena Williams beat her older sister Venus Williams in the final to capture an Open era-record 23rd major here last year but decided against defending her title because she didn't have enough time to recover from health issues after a complicated childbirth in September. Venus Williams is seeded fifth and is second match scheduled on center court to get her 77th major under way with a challenging opener against Belinda Bencic. She's 4-0 in career head-to-heads against 20-year-old Bencic — who reached a career-high No. 7 ranking in 2016 and who helped Federer win the Hopman Cup title for Switzerland earlier this month — but is coming off an abbreviated preparation that included a loss in the second round to eventual champion Angelique Kerber at the Sydney International last week. At 37, Venus Williams among the top contenders at Melbourne Park. Others in action on Monday include seventh-seeded Jelena Ostapenko, who meets Francesca Schiavone in a match featuring current vs. former French Open champions, No. 2-ranked Caroline Wozniacki, who opens against Mihaela Buzarnescu, and U.S. Open champion Sloane Stephens against Zhang Shuai. Simona Halep is the No. 1 seed in the women's draw, and one of six women who can hold the No. 1 ranking at the end of the Australian Open. Halep, who has had back-to-back first-round exits on her last two trips to Melbourne Park, opens on day two against Australian wild-card entry Destanee Aiava. Only two men can hold the top ranking in the first week of February — Nadal or Federer — regardless of what No. 3 Grigor Dimitrov or No. 4 Alexander Zverev or anybody else does in Melbourne. Federer returns in contrasting circumstances to his appearance in 2017, when he was coming off a six-month break for an injured left knee and had low expectations about ending a Grand Slam title drought that dated to Wimbledon in 2012. "This year I hope to win the first few rounds and get rolling hopefully, whereas last year I was just hoping to win," a match, Federer told his pre-tournament news conference Sunday. "It was more of a 'let's see what happens' kind of tournament, maybe similar to what Novak or Stan (Wawrinka) or others are going through this year." Six-time Australian Open winner Djokovic has been sidelined for six months with an injured right elbow, returning with a remodeled service motion, and 2014 champion Wawrinka has also been out of the game since Wimbledon after surgery on his knee. Nadal, who won the French and U.S. Open titles last year, has also had a limited preparation restricted to couple of exhibition matches last week as he recovers from a sore knee. None of that makes them any less of a threat to Federer. "Rafa, with the year that he's had, and Novak with the six titles he's had here, even if it's unknown how he's feeling, they could very well be the favorites, too," Federer said. "If you're in the draw, you give yourself a chance. That's what happened for me last year — all ended up way better than I thought it would, as you know.".....»»

Category: sportsSource:  abscbnRelated NewsJan 14th, 2018

Tom Hoge stays steady, takes a 1-shot lead despite false missile alert

HONOLULU --- A false missile alert didn't bother Tom Hoge, and he was just as steady on the golf course Saturday in his round of 6-under 64 to take a one-shot lead at the Sony Open. Hoge got up-and-down from 40 yards away for birdie on the par-5 18th to take his first 54-hole lead on the PGA Tour. If there was uncertainty about the push alert in Hawaii about an incoming ballistic missile, a different variety awaits on Sunday. No one can be sure what to expect in a final round with so many players in contention. Hoge was at 16-under 194 and was one shot ahead of Mayakoba winner Patton Kizzire (64) and Brain Harman (68). Kyle Stanley shot 65 and was another shot back....Keep on reading: Tom Hoge stays steady, takes a 1-shot lead despite false missile alert.....»»

Category: newsSource:  inquirerRelated NewsJan 14th, 2018

More jeers for Real Madrid after home loss to Villarreal

By Tales Azzoni, Associated Press MADRID (AP) — Another poor result, another round of jeers for Real Madrid. Madrid's struggles in the Spanish league continued when it lost to Villarreal 1-0 on Saturday, infuriating fans at Santiago Bernabeu Stadium and increasing pressure on coach Zinedine Zidane. Pablo Fornals netted Villarreal's winner in the 87th minute, prompting loud boos by the home crowd which three days ago saw their team draw with second-division club Numancia 2-2 in the Copa del Rey. "There is no explanation for this," Zidane said. "We did everything we could, we had plenty of chances, but the ball just didn't go in. It's a difficult moment for us. It's tough for the players, they gave their best. We didn't deserve this result." Madrid also drew at Celta Vigo 2-2 a week ago, and lost to Barcelona 3-0 at the Bernabeu in its last match last year. It has gone four matches without a win. "We have endured negative results recently, but we know that we can change this situation by winning again," Zidane said. "We have to start winning, and winning convincingly, then things will change." The defending champion was 16 points behind league leader Barcelona at the competition's halfway point. The Catalan club can increase the gap when it plays at Real Sociedad on Sunday. Madrid, which has a game in hand, is only fourth in the standings, behind Valencia and Atletico Madrid. Villarreal moved to fifth place with the victory, its first ever at the Bernabeu. "We knew we could make history," Villarreal coach Javier Calleja said. "We played a very smart match." The host had most of the chances under steady rain, but Villarreal also threatened a few times before Fornals found the net. Cristiano Ronaldo, who was also jeered, hit the crossbar from a free kick in the first half after the ball deflected off the wall. Ronaldo nearly scored from close range just before halftime, but his shot was brilliantly saved by goalkeeper Sergio Asenjo. Gareth Bale had a goal disallowed for offside early in the first half. Fornals' goal came after a great save by Madrid goalkeeper Keylor Navas following a counterattack. Fornals picked up the loose ball just outside the area and chipped it over the goalkeeper for the stunning winner. It was Madrid's third home loss this season. It has won only half of its games at the Bernabeu. ATLETICO STAYS CLOSE Second-place Atletico Madrid overcame Diego Costa's absence to beat Eibar 1-0 and move within six points of leader Barcelona. Kevin Gameiro, Costa's substitute, scored in the first half and Jan Oblak played solidly in goal for the rest of the match to secure Atletico its fourth straight win in all competitions. "We played the type of match we needed," Atletico coach Diego Simeone said. Costa was suspended because of a red card for celebrating too close to the fans in the previous game. GIRONA ROUT Kenyan forward Michael Olunga scored a hat trick to lead promoted Girona to a 6-0 trouncing of last-place Las Palmas. Las Palmas could have left the bottom of the standings with a draw but it never challenged the Catalan host at Montilivi Stadium, seeing its winless streak reach seven matches in all competitions. Las Palmas has only 11 points from 19 matches. Christian Stuani opened the scoring for Girona from a penalty kick midway through the first half, and the other five came in a 22-minute span in the second period. Girona reached ninth place in the 20-team standings......»»

Category: sportsSource:  abscbnRelated NewsJan 13th, 2018

Ateneo stays unbeaten, NU back in 2nd spot

MANILA, Philippines — Ateneo bucked a sluggish first quarter to beat University of Santo Tomas, 78-54, to extend its perfect run to eight games Saturday in t.....»»

Category: sportsSource:  philstarRelated NewsJan 13th, 2018

PSEi ends flat as investors stay on sidelines

AFTER hitting fresh highs this week, Philippine shares closed flat on Friday, as investors chose to stay on the sidelines and reposition their portfolios. The 30-member Philippine Stock Exchange index added 0.02% or 1.37 points to close the week at 8,814.62. The all-shares index meanwhile fell 0.05% or 2.66 points to 5,098.75. “Philippine markets settled […] The post PSEi ends flat as investors stay on sidelines appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsJan 12th, 2018

Profit-taking pulls PSEi back to 8,800

The Philippine Stock Exchange index (PSEi) briefly dipped to the 8,700 level on Thursday but recovered somewhat to close at 8,813.27, down 1.20 percent or 107.04 points. The broader All Shares, meanwhile, dropped 0.83 percent or 42.76 points to finish at 5,101.41. “I think that would just be indicative of an early correction,” Philstocks Financial, [...] The post Profit-taking pulls PSEi back to 8,800 appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsJan 12th, 2018

Index retreats from record territory

MANILA, Philippines — The benchmark Philippine Stock Exchange index (PSEi) pulled back yesterday after soaring to a record high on Tuesday......»»

Category: financeSource:  philstarRelated NewsJan 11th, 2018

PH growth to remain fastest in Asean

  The World Bank expects the Philippines to sustain robust economic growth in the next three years even as public investments are seen slowing down. "The Philippines will continue to be the fastest-growing economy in the Association of Southeast Asian Nations (Asean), despite some stabilization of investment growth," the Washington-based multilateral lender said in its January 2018 Global Economic Prospects report released Wednesday morning (Philippine time). The World Bank projected the Philippines' gross domestic product (GDP) to grow 6.7 percent in 2018 and 2019, before slightly slowing to 6.5 percent in 2020. The World Bank's forecasts for the next three years were n...Keep on reading: PH growth to remain fastest in Asean.....»»

Category: newsSource:  inquirerRelated NewsJan 10th, 2018