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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

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

Flacco throws 2 TD passes, Ravens trip up Steelers 26-14

By Will Graves, Associated Press PITTSBURGH (AP) — Joe Flacco threw a pair of early touchdown passes, Justin Tucker kicked four second-half field goals and the Baltimore Ravens pulled away from the Pittsburgh Steelers 26-14 on Sunday night. Flacco completed 28 of 42 passes for 363 yards and TD passes to John Brown and Alex Collins as the Ravens (3-1) ended a three-game losing streak to their AFC North rivals. Tucker accounted for all the scoring after halftime as Baltimore ended Pittsburgh's long run of success on Sunday nights. The Steelers (1-2-1) came in having won nine straight Sunday night appearances, a streak that included a pair of victories over the Ravens. Baltimore brought Pittsburgh's run to an abrupt end by shutting down Pittsburgh in the second half. Ben Roethlisberger finished 27 of 47 for 274 yards with a touchdown and an interception for the Steelers. Antonio Brown caught five passes for 62 yards, including his second touchdown pass in as many weeks. Pittsburgh's high-powered offense, however, sputtered after erasing an early 14-point deficit. The Steelers managed just 47 yards in the second half and converted 2 of 12 third downs. "These ain't the same Ravens," safety Eric Weddle said. "You can't become a true Raven until you win in Pittsburgh. I've officially become a Raven. What a great team win." The Ravens were only too happy to play keep-away after the break. Flacco put together a string of clock-consuming possessions that ended with field goals by the ever reliable Tucker as Baltimore proved its strong start was no fluke. The Steelers came in hoping the defense was slowly starting to find itself after forcing four turnovers last Monday night in Tampa during a victory Pittsburgh believed would resuscitate its season. Not quite. Flacco wasted little time helping Baltimore build a quick 14-point lead. He found Brown open on a 33-yard touchdown pass on Baltimore's opening possession. Brown was double covered when Flacco let the ball go. By the time Brown chased it down in the end zone, both Steelers were two steps behind him and the Ravens were in front. Three snaps later Baltimore had the ball back thanks to a strip by safety Tony Jefferson. It took the Ravens just four plays to go up two touchdowns, when Flacco flipped the ball in the flat to a wide-open Collins. The score marked the 13th straight red-zone trip by Baltimore that ended with a Ravens touchdown, the longest streak to start a season in NFL history. Baltimore's 14th red-zone trip ended up far differently and briefly swung momentum. The Ravens had the ball at the Pittsburgh 2 with a chance to move ahead three scores when Steelers free safety Sean Davis ripped the ball from Collins and Pittsburgh rookie strong safety Terrell Edmunds recovered. Pittsburgh put together a lengthy drive that resulted in a Chris Boswell field goal to get within 14-6. The Steelers tied it with 2:50 left in the first half on a pretty 26-yard back-shoulder throw by Roethlisberger to Brown in the end zone and the ensuing 2-point conversion grab by Conner. Baltimore, however, kept coming and Pittsburgh's offense sputtered. UP NEXT Ravens: Visit Cleveland next Sunday. Steelers: Host Atlanta next Sunday. Pittsburgh has won its last two meetings against the Falcons......»»

Category: sportsSource:  abscbnRelated NewsOct 1st, 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 in.....»»

Category: newsSource:  philippinetimesRelated NewsSep 15th, 2018

Last-minute buying lifts stock market

THE stock market recovered on Wednesday, snapping a four-day losing streak as investors went on a last-minute buying spree. The benchmark Philippine Stock Exchange index (PSEi) rose 0.18 percent or 13.14 points to end at 7,540.92 after trading in negative territory throughout the day. The broader All Shares, meanwhile, added 0.35 percent or 16.13 points to [...] The post Last-minute buying lifts stock market appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsAug 15th, 2018

Trump, EU trade talks excite markets; PSEi rushes past 7,600 level

The stock barometer rallied to the 7,600 level yesterday as foreign funds started flowing back to large-cap stocks while global trade tension eased. The main-share Philippine Stock Exchange index (.....»»

Category: newsSource:  philippinetimesRelated NewsJul 27th, 2018

PSEi bucks regional downturn, posts 1.39% gain

The local stock barometer climbed back to the 7,300 level yesterday, bucking the downturn across regional markets albeit in thin trading volume. The Philippine Stock Exchange index (PSEi) racked up 100.44 points, or 1.39 percent, to close at 7,333.73 as all sectors gained. With a lack of clear positive catalysts locally, Papa Securities said some positivity from the global front had trickled to the local market, citing the strong performance of the US market overnight. The Dow Jones Industrial Average gained 143.07 points, or 0.58 percent, to close at 24,919.66 on Wednesday night. The S&P index likewise closed at its highest since Feb. 1 this year. Papa Securities said PS...Keep on reading: PSEi bucks regional downturn, posts 1.39% gain.....»»

Category: newsSource:  inquirerRelated NewsJul 11th, 2018

Bargain hunting snaps market skid

The stock market snapped its three-day losing streak after pulling off a late rally as investors took advantage of bargains......»»

Category: financeSource:  philstarRelated NewsApr 26th, 2018

PSE index sinks to 7,500 level on rising US yields

THE MAIN INDEX dropped to the 7,500 level on Wednesday, tracking global markets spooked by the continued rise in US yields. The Philippine Stock Exchange index (PSEi) failed to hold early morning gains as it dropped 0.55% or 42.45 points to close at 7,557.91 Wednesday, Apr. 25, marking a fifth consecutive day of decline. The […] The post PSE index sinks to 7,500 level on rising US yields appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsApr 25th, 2018