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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

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

Capital markets pause for breath as rate hike fears upset stock prices

By Krista Angela M. Montealegre National Correspondent COMPANIES seeking to tap the stock market for funding may stay on the sidelines until the dust from the global equity sell-off settles, as investors grapple with rate hike fears. The bellwether Philippine Stock Exchange index (PSEi) — a barometer of investor confidence — wiped out its gains […] The post Capital markets pause for breath as rate hike fears upset stock prices appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsFeb 11th, 2018

UAAP VOLLEYBALL: NU survives UE scare for 3-0 card

National University found University of the East as one tough customer. The Lady Bulldogs needed to recover from a second set collapse and a third frame scare to eke out a 25-15, 18-25, 25-23, 25-19, win over the Lady Warriors to remain unscathed in the 80th UAAP women’s volleyball tournament at the FilOil Flying V Centre in San Juan. Jaja Santiago was as sharp as always and delivered at crunch time to push NU at solo lead with a 3-0 win-loss record.      The Lady Bulldogs extended their winning streak over UE to 16 straight since Season 72 as they sent the Lady Warriors to 0-3 slate. UE is on a 10-game losing slump since last year.  NU was ahead 18-17 in the second frame but a string of miscues and reception woes gave UE a chance to steal the set with a closing 8-0 rally. The Lady Bulldogs were again put to the test in the third frame, going down 20-22 before setter Jasmine Nabor’s service winners sparked the fight back to take the set capped by a thunderous attack by Santiago at the middle.      NU cruised in the fourth to finish off the Lady Warriors.     (to be updated) --- Follow this writer on Twitter, @fromtheriles   .....»»

Category: sportsSource:  abscbnRelated NewsFeb 11th, 2018

PH stocks down as jitters return

  The local stock index slipped on Thursday as bond jitters returned to spook global markets ahead of a closely watched local monetary setting meeting. The main-share Philippine Stock Exchange index (PSEi) shed 22.48 points or 0.26 percent to close at 8,645.08, tracking the overnight slump on Wall Street. After the day's closing, the inflation-targeting Bangko Sentral ng Pilipinas announced that it had kept key interest rates unchanged despite the spike in the January inflation rate. However, it raised inflation forecasts this year and next year to 4.3 percent and 3.5 percent, respectively, from 3.4 percent and 3.2 percent. Looking forward, Papa Securities said th...Keep on reading: PH stocks down as jitters return.....»»

Category: newsSource:  inquirerRelated NewsFeb 8th, 2018

PSEi falters as global bond jitters return

The local stock index slipped on Thursday as bond jitters returned to spook global markets ahead of a closely-watched local monetary setting. The main-share Philippine Stock Exchange index (PSEi) shed 22.48 points or 0.26 percent to close at 8,645.08, tracking the overnight slump in Wall Street. After the day's closing, the inflation-targeting Bangko Sentral ng Pilipinas announced that it had kept key interest rates unchanged despite the spike in the January inflation rate to a three-year high. However, it raised inflation forecasts this year and next year to 4.3 percent and 3.5 percent, respectively, from 3.4 percent and 3.2 percent. Looking forward, Papa Securities said the m...Keep on reading: PSEi falters as global bond jitters return.....»»

Category: newsSource:  inquirerRelated NewsFeb 8th, 2018

PSEi mirrors global stock selloff

MANILA, Philippines — Share prices plummeted yesterday, mirroring the sharp drop in Asian stock markets following a selloff on Wall St. last week......»»

Category: financeSource:  philstarRelated NewsFeb 6th, 2018

Philippine stocks log biggest single-day price drop in over a year

MANILA, Philippines – Philippine stocks suffered their biggest single-day price drop in over a year on Monday, February 5, dragged by sell-offs in global markets. The bellwether Philippine Stock Exchange index (PSEi) on Monday ended at 8,616 points, 2.21% or 194.75 points lower than that of Friday, February 2. The broader All Shares also slid by ........»»

Category: newsSource:  rapplerRelated NewsFeb 5th, 2018

Stock market snaps 3-day losing streak

The stock market snapped a three-day losing streak on Friday, rising back to the 8,800 level but still a way off from Monday’s latest all-time high. The Philippine Stock Exchange index rose by 0.82 percent or 72.03 points to close at 8,810.75 while the wider All Shares grew by 0.99 percent or 50.90 points to [...] The post Stock market snaps 3-day losing streak appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsFeb 2nd, 2018

Ginebra wards off SMB’s late comeback, snaps 3-game losing skid

Barangay Ginebra San Miguel stopped San Miguel Beer’s five-game winning streak with a hard-earned 100-96 win on Sunday in the Philippine Basketball Association (PBA) Season 43 Philippine Cup at the Araneta Coliseum. LA Tenorio and Japeth Aguilar scored 23 points while Jervy Cruz and Raymond Aguilar had 17 and 16 points, respectively, to lead the [...] The post Ginebra wards off SMB’s late comeback, snaps 3-game losing skid appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsJan 28th, 2018

Norman Black relieved Cliff Hodge is back as Meralco snaps out of slump

MANILA, Philippines – Norman Black admitted he was the happiest person to see Cliff Hodge get back in a Meralco uniform as the Bolts ended a 3-game losing streak with a 105-76 win over Kia on Wednesday, January 24. Hodge, who was sidelined for almost 3 months after undergoing surgery that ........»»

Category: newsSource:  rapplerRelated NewsJan 24th, 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 tumbles, mirrors global markets

MANILA, Philippines - Share prices closed lower yesterday, echoing the general downtrend in global stocks as escalating worries about Trump administration’s.....»»

Category: financeSource:  philstarRelated NewsAug 18th, 2017

Market to retest 8,000 level this week

MANILA, Philippines -  The Philippine Stock Exchange index (PSEi) is seen retesting the 8,000 level this week after last week’s losing streak due to profit t.....»»

Category: financeSource:  philstarRelated NewsAug 6th, 2017

Index snaps 3-day losing streak

MANILA, Philippines - The stock market took a pause yesterday after a three-day losing streak but still ended on a lackluster note as market investors are st.....»»

Category: financeSource:  philstarRelated NewsAug 3rd, 2017

Stock Market: PSEi up on bargain hunting ahead of GDP, IPOs

SHARE PRICES ended their two-day losing streak yesterday, as investors picked up some bargain stocks ahead of the release of Philippine first quarter economic growth data on Thursday......»»

Category: financeSource:  bworldonlineRelated NewsMay 16th, 2017

Stocks decline, peso weakens to 50 vs dollar

MANILA, Philippines - Financial markets ended the week on a losing streak with the peso closing at 50 to $1 due to uncertainties brought about by the possibi.....»»

Category: financeSource:  philstarRelated NewsFeb 17th, 2017

PSEi tracks regional uptrend

MANILA, Philippines – Share prices were up anew yesterday, tracking the uptrend in global markets......»»

Category: financeSource:  philstarRelated NewsDec 7th, 2016