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PSEi snaps losing streak as global markets recover

STOCKS firmed on Tuesday, tracking the recovery of global markets that began to show signs of stability after consecutive losses in previous weeks. The bellwether Philippine Stock Exchange index (PSEi) gained 0.96% or 82.23 points to 8,570.14, ending three days of losses amid thinner trading. The all-shares index also edged higher by 0.54% or 27.31 […] The post PSEi snaps losing streak as global markets recover appeared first on BusinessWorld......»»

Category: newsSource: bworldonline bworldonlineFeb 13th, 2018

Shares snap losing streak to track Wall St.’s rise

LOCAL SHARES snapped their three-day losing streak on Monday, lifted by the upswing in global markets as the US Federal Reserve hinted on more rate hikes this year. The 30-member Philippine Stock Exchange index (PSEi)   climbed 0.38% or 32.42 points to 8,499.98 yesterday, managing to reverse intraday losses that saw the market sink to […] The post Shares snap losing streak to track Wall St.’s rise appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsFeb 26th, 2018

Marginal gain snaps PSEi’s losing streak

The stock market snapped a three-day decline on Tuesday, posting a marginal rise attributed to bargain-hunting. The Philippine Stock Exchange index (PSEi) ended the day up 0.12 percent or 8.56 points at 7,059.38 but the All Shares fell by 0.28 percent or 12.15 points to finish at 4,335.69. Investors found an opportunity to hunt for [...] The post Marginal gain snaps PSEi’s losing streak appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsOct 10th, 2018

PH shares rebound, snap losing streak

The local stock barometer firmed up past the 7,500 level on selective buying of large-cap stocks on Thursday, tracking a rebound across regional markets.   The main-share Philippine Stock Exchange index (PSEi) recouped 68.17 points, or 0.92 percent, to close at 7,517.37 as investors cheered the US' proposal to hold another round of trade talks with China.   After breaking through the 7,460-7,500 support area alongside the peso depreciation on Wednesday, local stock brokerage Papa Securities said all wasn't lost for the PSEi as US markets were "finding optimism once again in anticipation of another possible round of trade talks."   All counters ended highe...Keep on reading: PH shares rebound, snap losing streak.....»»

Category: newsSource:  inquirerRelated NewsSep 14th, 2018

Stocks on 3-day losing streak

Share prices continued their descent yesterday, with the benchmark index posting a fresh one-year low for a second consecutive session behind a slump in global markets......»»

Category: financeSource:  philstarRelated NewsApr 25th, 2018

PSEi snaps 3-day losing streak on US rally

LOCAL shares snapped their three-day losing streak in early trading on Monday as sentiment was lifted by the gains on Wall Street on Friday after February US jobs data came in better than expected. At the noon break, the bellwether Philippine Stock Exchange index (PSEi) was up 97.33 points or 1.16 percent at 8,469.84.  The wider All Shares index was up 44.63 [...] The post PSEi snaps 3-day losing streak on US rally appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsMar 12th, 2018

PSEi snaps losing streak

Share prices snapped a five-day losing streak on Wednesday with the benchmark Philippine Stock Exchange index regaining 0.53 percent or 44.47 points to close at 8,404.69. The broader All Shares rose 0.44 percent or 22.15 points to end at 5,055.87. “I think investors just bought back selected oversold stocks at the close despite looming trade war [...] The post PSEi snaps losing streak appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsMar 7th, 2018

PSEi snaps decline, returns to 8,300 level

THE stock market snapped its losing streak on Wednesday with the benchmark Philippine Stock Exchange index adding 23.43 points or 0.28 percent to close at 8,303.35. The wider All Shares gained 9.24 points or 0.19 percent to finish at 4,864.56. “After several down days, some issues managed to make some rallies—like SM Investments Corp., JG [...] The post PSEi snaps decline, returns to 8,300 level appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsOct 26th, 2017

PSEi snaps losing streak, gains 0.43%

PSEi snaps losing streak, gains 0.43%.....»»

Category: newsSource:  manilatimes_netRelated NewsAug 14th, 2017

Financial marts end 2016 weaker on the year

THE COUNTRY’s financial markets ended 2016 weaker than their 2015 finish, closing a turbulent year that saw the Philippine Stock Exchange index (PSEi) extend its losing streak for a second year......»»

Category: newsSource:  bworldonlineRelated NewsDec 29th, 2016

Front Page: Financial marts end 2016 weaker on the year

THE COUNTRY's financial markets ended 2016 weaker than their 2015 finish, closing a turbulent year that saw the Philippine Stock Exchange index (PSEi) extend its losing streak for a second year......»»

Category: financeSource:  bworldonlineRelated NewsDec 29th, 2016

Local Markets Recover in Midweek Session

Risk-on sentiment returned to the Philippines’ financial and capital markets Wednesday, allowing both local stocks and the peso to walk away with gains. The Philippine Stock Exchange index (PSEi) surged to the 7,900-level after rising by 2.83 percent, or 217.55 points, to 7,919.67 points. A trader attributed this to encouraging developments in efforts to mediate […].....»»

Category: newsSource:  metrocebuRelated NewsJan 10th, 2019

PSEi down as markets decipher Fed moves | Inquirer Business

The local stock barometer dipped yesterday, tracking heightened risk aversion across global markets The post PSEi down as markets decipher Fed moves appeared first on Inquirer Business ......»»

Category: newsSource:  philippinetimesRelated NewsDec 21st, 2018

Peso Remains Strong; Local Stocks Slide

The Philippine peso remained firm against the US dollar Wednesday but the Philippine Stock Exchange index (PSEi) ended its five-day winning streak in sympathy reaction to US markets. The local currency managed to finish the day at 52.35 from 52.39 Tuesday. A trader said the peso was able to remain strong amid the slide of […].....»»

Category: newsSource:  metrocebuRelated NewsNov 24th, 2018

Foreign buying lifts local stocks

The local stock barometer climbed to the 7,300 level on Friday as local equities started attracting back foreign inflows. The main-share Philippine Stock Exchange index (PSEi) racked up 71.8 points, or 0.99 percent to close at 7,340.18 even as regional markets were lackluster due to the Thanksgiving holiday in the United States. Value turnover for the day was heavy at P14.77 billion, boosted by a P9.04-billion block transaction of Gokongwei family-led RRHI shares related to its acquisition of grocery chain operator Rustan's Supercenter. The local stock market has seen net foreign buying in the last three days. With global oil prices easing and the Bangko Sentral ng Pilipinas tak...Keep on reading: Foreign buying lifts local stocks.....»»

Category: newsSource:  inquirerRelated NewsNov 23rd, 2018

Steelers rally to stun Jaguars in final seconds, 20-16

By The Associated Press JACKSONVILLE, Fla. (AP) — Ben Roethlisberger was far from perfect until the fourth quarter, and that was all that mattered for the Pittsburgh Steelers. One week after Roethlisberger had a perfect quarterback rating, he overcame three interceptions and a 16-0 deficit by leading two late scoring drives. He lunged in from the 1 for the winning score with 5 seconds left for a 20-16 victory over the Jacksonville Jaguars on Sunday. The Steelers (7-2-1) won their sixth straight and likely ended any playoff hopes for the Jaguars, who eliminated Pittsburgh in the divisional round last year. The Jaguars (3-7) dropped their sixth in a row in a game they controlled until the final five minutes. Leonard Fournette ran for 95 yards and caught two passes for 46 yards that led to the Jaguars' only touchdown when he launched himself from the 4 and scored for a 16-0 lead with 2:09 left in the third quarter. Roethlisberger, who now has 10 turnovers in his last three games against Jacksonville, took over from there. He got safety Tashaun Gipson Sr. to bite on a pump fake and found Antonio Brown open deep in the middle of the field for a 78-yard touchdown. Still trailing by 10 points with just under six minutes remaining, Roethlisberger found tight end Vance McDonald in the back of the end zone to cut the lead to 16-13 with 2:28 remaining. The Jaguars went three-and-out, and Roethlisberger led a 68-yard drive. He hit JuJu Smith-Schuster on the left sideline for a 35-yard gain to the 27 that at least got the Steelers in field goal position. James Conner dropped a sure touchdown when he got behind linebacker Telvin Smith Sr., but Roethlisberger hit Brown over the middle to the 2. TEXANS 23, REDSKINS 21 Justin Reid returned an interception 101 yards to help the Texans overcome a mistake-prone Deshaun Watson for their seventh consecutive victory. Washington's loss came at a significant price when quarterback Alex Smith suffered a gruesome ankle injury on a sack in the third quarter. Smith's right ankle turned the wrong way as he was sacked by Kareem Jackson and J.J. Watt on a play eerily similar to Joe Theismann's broken leg that came exactly 33 years ago to the day. Colt McCoy replaced Smith and threw for a touchdown pass and led a long scoring drive for Washington (6-4), which likely will have to rely on the journeyman quarterback the rest of the way. Adrian Peterson's touchdown that put the Redskins up 21-20 early in the fourth quarter was the first lead change in a game involving the Redskins all season. Watson threw for a touchdown and had two interceptions, completing 16 of 24 passes and taking three sacks. Houston (7-3) turned over the ball three times, but kept its winning streak going after Redskins kicker Dustin Hopkins missed a 63-yard field-goal attempt with 3 seconds left. Peterson ran for two touchdowns to continue climbing the NFL rushing chart, but was bottled up on a lot of his other carries. Peterson's 3- and 7-yard TD runs gave him 105 in his career and moved him past former Redskins star John Riggins into sole possession of sixth, one behind Jim Brown for fifth. Peterson finished with 51 yards on 16 carries. COWBOYS 22, FALCONS 19 ATLANTA (AP) — Brett Maher shook off a missed extra point and kicked a 42-yard field goal on the final play. Matt Ryan threw a 34-yard touchdown pass to Julio Jones for Atlanta's only touchdown with 1:52 remaining to tie the game. But Dallas drove 51 yards in 10 plays, setting up Maher's winning kick as time expired . The Cowboys (5-5), who gained a game on Washington in the NFC East, gave their playoff hopes a boost. Atlanta (4-6) lost its second straight game and now faces long odds to reach the postseason — especially playing in the NFC South, where the Falcons trail New Orleans and Carolina. After a field goal battle between Maher and Atlanta's Matt Bryant left the Falcons with a 9-6 lead heading to the final period, Dak Prescott and Ezekiel Elliott scored on a pair of runs to push the Cowboys to a 19-9 lead. Grinding for every yard, Dallas needed 14 plays to cover 75 yards for the game's first TD, Prescott's 4-yard run after faking a handoff to Elliott. Prescott had a couple of 17-yard passes — one to Amari Cooper, another to Cole Beasley — but no other play on the possession went for more than 5 yards. Maher hooked the extra point, however, leaving the Cowboys with a 12-9 lead. They quickly extended the margin. On Atlanta's next possession, Ryan threw a short pass to Calvin Ridley cutting over the middle. The ball was thrown a bit too hard, the rookie couldn't hang on and it ricocheted into the arms of Dallas linebacker Leighton Vander Esch . He returned the interception 28 yards to the Atlanta 31. Two plays later, Elliott darted through a big hole up the middle, shook off an attempted tackle from Damontae Kazee at the 15 and powered in for a 23-yard touchdown . Maher connected on this extra point, giving the Cowboys a 10-point lead with 12:26 remaining. COLTS 38, TITANS 10 INDIANAPOLIS (AP) — Andrew Luck threw three touchdown passes and Marlon Mack and Jordan Wilkins both ran for scores. Indy (5-5) has won four straight for the first time since November 2014. Luck remained unbeaten in 10 starts against the Titans. Tennessee (5-5) lost quarterback Marcus Mariota in the final minute of the first half after he reinjured his right elbow. Titans defensive coordinator Dean Pees also was taken to a nearby hospital for observation after medical workers were called to the coaches' box during the first quarter. The 69-year-old Pees retired briefly after last season. Luck's mastery over Tennessee did not change. He shredded the league's best scoring defense by going 23 of 29 with 297 yards with two TD passes to T.Y. Hilton. Luck has thrown at least one TD pass in a league-high 33 consecutive games and three or more in seven straight. Adam Vinatieri added another milestone to his growing list by celebrating his 210th career win over a 23-season career with New England and Indy. That's one more than George Blanda won during a 26-year career that spanned four decades. Earlier this season, Vinatieri, the league's oldest active player at age 45, also broke Morten Andersen's career records for field goals and scoring earlier this season. RAVENS 24, BENGALS 21 BALTIMORE (AP) — Rookie quarterback Lamar Jackson juked and sprinted for 117 yards in his first NFL start, Gus Edwards ran for 115 and the Ravens ended a three-game losing streak. Flashing the moves that enabled him to win the 2016 Heisman Trophy at Louisville, Jackson zipped in and out of the pocket for 27 carries. Though the Ravens (5-5) relied heavily on the run, Jackson also completed 13 of 19 passes for 150 yards with an interception. Ravens starting quarterback Joe Flacco did not practice all week and was inactive with a right hip injury. That created an opening for Jackson, the 32nd overall pick in the NFL draft. Before Sunday, the former Louisville star occasionally took snaps in running situations and replaced Flacco in the fourth quarter of two blowouts. Having to carry the load by himself, Jackson responded with a solid performance in a game the Ravens had to win. Down 21-13 in the second half, Baltimore rallied to hand the sinking Bengals (5-5) their fourth loss in five games. Edwards, an undrafted rookie free agent, scored on an 11-yard run and barreled in for the conversion late in the third quarter. Jackson then directed a 55-yard drive that ended with a field goal by Justin Tucker with 8:12 remaining. Cincinnati's Randy Bullock missed a potential tying 52-yard field goal with 3:59 left, and Andy Dalton's fourth-down pass from the Baltimore 37 with 1:42 to go was knocked away by Marlon Humphrey. LIONS 20, PANTHERS 19 DETROIT (AP) — Cam Newton threw an incomplete pass on a 2-point conversion with 1:07 left, letting the Lions hold on. Newton had time and receiver Jarius Wright open in the end zone, but the star quarterback sailed the pass high. Carolina coach Ron Rivera went for the win after Newton threw his third touchdown pass to DJ Moore, perhaps because usually reliable kicker Graham Gano missed an extra point and a field goal earlier in the game. The Lions (4-6) recovered an onside kick to seal the victory and end a season-high three-game losing streak. They were in a position to win after Matthew Stafford threw a go-ahead, 19-yard touchdown pass to Kenny Golladay with 5:19 left. The Panthers (6-4) have lost two straight for the first time this season. Newton was 25 of 37 for 357 yards with three touchdowns and an interception. Moore had seven receptions for 157 yards and a score. Stafford was 23 of 37 for 220 yards with a touchdown. Golladay had eight catches for 113 yards and a touchdown. GIANTS 38, BUCCANEERS 35 EAST RUTHERFORD, N.J. (AP) — Saquon Barkley ran for a career-high 142 yards and scored three touchdowns as the Giants got consecutive games for the first time since December 2016. Eli Manning also threw two touchdowns and linebacker Alec Ogletree returned one of the Giants' four interceptions 15 yards for another score in New York's biggest point output of the season. The Giants (3-7) never trailed as Manning found a wide-open Barkley on a 6-yard TD pass on the opening series, and the No. 2 overall pick in the draft scored from 5 yards on the second possession to give New York the lead for good. Odell Beckham Jr. had four catches for 74 yards, including an 8-yard touchdown reception in the third quarter. Tampa Bay (3-7) made things interesting after Jameis Winston replaced a turnover-plagued Ryan Fitzpatrick in the third quarter and led four touchdown drives. The last score came on a 41-yard pass to Mike Evans with 2:22 to play and got the Bucs within 38-35. The Bucs got the ball back at their 20 with 23 seconds to play, but B.W. Webb intercepted Winston's long throw down the sideline to ice the win and send Tampa Bay (3-7) to its fourth straight loss......»»

Category: sportsSource:  abscbnRelated NewsNov 19th, 2018

Curry injured, Bucks snap Warriors 8-game win streak

By Janie McCauley, Associated Press OAKLAND, Calif. (AP) — Stephen Curry left with an injury and the Golden State Warriors were unable to recover in a 134-111 loss to the Milwaukee Bucks that snapped their eight-game winning streak Thursday night (Friday, PHL time). Eric Bledsoe scored seven straight points during Milwaukee's big third quarter and finished with 26. Giannis Antetokounmpo added 24 points, nine rebounds and four assists as the Bucks handed the Warriors their first defeat at home this season. The two-time defending NBA champions were already missing All-Star Draymond Green and then lost Curry midway through the third. The two-time NBA MVP strained the adductor muscle in his left leg and went to the locker room shortly thereafter. He did not return. Curry grabbed at his inner thigh after trying to contest Bledsoe's shot in transition at the 6:50 mark of the third. He is expected to have an MRI on Friday (Saturday, PHL time). Klay Thompson led the Warriors with 24 points and Kevin Durant had 17 points, nine assists and seven rebounds. Curry, limited to 51 regular-season games last season because of injuries, scored 10 points in his second straight game below 20 after getting at least 23 points in every game previously — including five 30-point performances and a 51-point outing in three quarters. He dished out six assists in 26 minutes. Malcolm Brogdon scored 20 points and Khris Middleton had 17 and six assists as Milwaukee (9-2) won for the second straight time at Oracle Arena after a 116-107 victory on March 29 (Mar. 30, PHL time). The Bucks outscored the Warriors 41-28 in the third and shot 65 percent inside the arc (43 of 66) overall. Antetokounmpo had 19 points, seven rebounds, three assists, a steal and a block by halftime as the Bucks led 64-51 at the break. Bledsoe hit back-to-back layups to put the Bucks ahead 84-64 midway through the third then answered Curry's jumper with a three-pointer the next time down. Donte DiVincenzo's basket at the 4:06 mark made it 93-69 and coach Steve Kerr called a timeout. Jordan Bell had four points and five rebounds for the Warriors while moving into the starting lineup in place of Green, sidelined after spraining his right foot and toe in the first half of Monday's win over the Grizzlies. Golden State (10-2) is still tied for the second-best start in franchise history behind the 2015-16 team that began 24-0. The Warriors dropped to 6-1 at home. TIP-INS Bucks: Held a 46-38 rebounding advantage. ... Milwaukee made it to the free throw line 19 times and made 15 of those in the first half to a 7-of-8 showing at the stripe by Golden State. ... The Bucks shot 5-of-20 from three-point range in the first half. Warriors: Golden State shot 4-for-15 from deep in the first half and Thompson was the lone player to score in double figures. ... Bell made his 14th career start and first of the season. ... G Shaun Livingston missed his sixth straight game and eighth in the last 10 with a sore right foot. ... Andre Iguodala returned after sitting out Monday (Tuesday, PHL time) against Memphis as a rest day, checking into the game for the first time late in the opening quarter. ... Baron Davis of the 2007 "We Believe" Warriors received a roaring ovation when introduced and shown on the big screen 4:39 before halftime. MOMENT OF SILENCE A moment of silence was held for victims of the mass shooting in Thousand Oaks. Kerr said he is "devastated" for the victims and families in a "horrifying" shooting he read up on Thursday (Friday, PHL time). Of taking time before the game to remember the victims, Kerr is becoming accustomed to doing so. "We had one last week and we're probably going to have one next week," he said. "That's the reality until we do something about it. It's beyond sad." UP NEXT Bucks: At the Los Angeles Clippers on Saturday (Sunday, PHL time) trying to end a two-game losing streak in the series. Warriors: Host Brooklyn on Saturday (Sunday, PHL time) seeking an eighth straight victory against the Nets and seventh in a row at home......»»

Category: sportsSource:  abscbnRelated NewsNov 9th, 2018

ONE Championship: Bibiano Fernandes fully aware of Kevin Belingon s improvement

Throughout his five-year reign atop the ONE Championship Bantamweight Division, reigning ONE Bantamweight World Champion Bibiano “The Flash” Fernandes of Brazil has taken on all comers, and has prevailed each time. With seven successful title defenses to his name, Fernandes is considered as the most dominant champion in ONE Championship history, setting the record for most successful title defenses in the promotion’s seven-year existence. Come Friday, 9 November at ONE: HEART OF THE LION in Singapore, Fernandes will put his title on the line once again, against a familiar opponent in reigning ONE Interim Bantamweight World Champion Kevin “The Silencer” Belingon of the Philippines. While Fernandes has already turned Belingon back before, the Brazilian star has witnessed his rival's marked improvement since their first encounter back in 2016. “Kevin Belingon has improved immensely. I have seen him grow as a competitor over the past few years,” Fernandes stated during the ONE: HEART OF THE LION global conference call. “I know that in our rematch, Kevin will be a completely different fighter.” Since falling to Fernandes via submission over two years ago, the 29-year old Belingon has been on one of the most impressive winning streaks in ONE Championship today, running through six straight opponents, four of which were former world title contenders, and taking care of business in dominant fashion. As significant as Belingon’s improvement has been, Fernandes is still very confident in his capabilities inside the cage. The defending champion is on a fourteen-match winning streak of his own and hasn’t been on the losing end of a decision since 2010. “Nevertheless, I am very confident that my skills are enough to beat him again. Yes, he is dangerous, but I will control the pace of this fight and the outcome,” Fernandes said. “I am not taking Kevin Belingon for granted, and I am training harder than ever to make sure that I triumph over his best version yet in Singapore,” he added. At 39 years of age, Fernandes could very well be on the tail end of his career, but the “The Flash” has showed no signs of slowing down. Against Belingon, Fernandes says that he has no plans of letting his title slip through his hands. “I have held this World Title for a long time, and I’m not about to give it up now,” he proudly proclaimed. “I am ready to go the full five rounds, but I am also ready to finish the bout by knockout or submission when the opportunity presents itself.”.....»»

Category: sportsSource:  abscbnRelated NewsOct 23rd, 2018

Amer, Durham star as Meralco snaps franchise s longest losing streak

MANILA, Philippines – Meralco halted its longest skid in franchise history in the most dramatic fashion with a come-from-behind 108-105 win over NLEX in the 2018 PBA Governors' Cup at the Araneta Coliseum on Sunday, October 14.  Enduring a 6-game losing streak, the Bolts didn't allow another defeat this time as ........»»

Category: newsSource:  rapplerRelated NewsOct 14th, 2018

NU snaps 5-game skid in rout of UE

    MANILA, Philippines – The NU Bulldogs breathed new life to their season with an 88-61 rout of the UE Red Warriors in the UAAP Season 81 men's basketball tournament at the Mall of Asia Arena on Saturday, October 13.  The Bulldogs (2-5) snapped a 5-game losing streak to finish the first ........»»

Category: newsSource:  rapplerRelated NewsOct 13th, 2018

PSE index hits lowest since early January

The local stock barometer slid below the critical 7,000 support level yesterday as foreigners dumped local equities for the 31st straight trading day amid a global bloodbath widely described as "Red October."   The main-share Philippine Stock Exchange index (PSEi) tumbled by 116.76 points, or 1.67 percent to close at 6,884.38.   The index hit as low as 6,790.58 for the day but recouped some losses. Nonetheless, this marked the PSEi's lowest finish since Jan. 3 this year. Local equities have seen consecutive sessions of foreign outflows starting Aug. 30 this year.   "A risk-off tone gripped financial markets, with the rise in [US] treasury yields and fresh...Keep on reading: PSE index hits lowest since early January.....»»

Category: newsSource:  inquirerRelated NewsOct 12th, 2018