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PSEi up 2% in early trade on easing trade tensions

THE stock market was higher in early trading on Thursday with sentiment buoyed by easing trade tensions overseas coupled with increased net foreign buying and volumes. At the noon break, the bellwether Philippine Stock Exchange index (PSEi) was up 151.84 points or 2.02 percent at 7,665.84. The broader All Shares rose 68.27 points or 1.51 [...] The post PSEi up 2% in early trade on easing trade tensions appeared first on The Manila Times Online......»»

Category: newsSource: manilatimes manilatimesJul 26th, 2018

PSEi falls to 7,300 as US-China trade war heats up

THE stock market fell to the 7,300-level in early trading on Tuesday as escalating trade tensions between the United States and China rattled investor sentiment. The Philippine Stock Exchange index (PSEi) finished the morning session down 109.47 points or 1.48 percent at 7,304.09 while the wider All Shares declined 54 points or 1.19 percent to [...] The post PSEi falls to 7,300 as US-China trade war heats up appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsSep 18th, 2018

Stock market surges 2%; returns to 7,600 level

Easing trade tensions, increased net foreign buying and higher volumes allowed the stock market to return to the 7,600 level on Thursday. The bellwether Philippine Stock Exchange index (PSEi) surged by 151.85 points or 2.02 percent to close at 7,665.84. The broader All Shares, meanwhile, rose 69.99 points or 1.54 percent to end at 4,605.52. [...] The post Stock market surges 2%; returns to 7,600 level appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsJul 26th, 2018

Stocks back below 7,000 mark

The benchmark Philippine Stock Exchange index (PSEi) closed in negative territory yesterday, finishing below the 7,000 mark again even as it performed well during the early morning trade......»»

Category: financeSource:  philstarRelated NewsOct 15th, 2018

Prospect of Trump-Xi talks raises hope for thaw in trade war

BEIJING: With China and the United States opening the door to a meeting next month between Presidents Xi Jinping and Donald Trump, hopes are rising for a potential easing of tensions in the trade war between the world’s two largest economies. Worries about the increased tariffs the two sides have imposed on each other’s goods [...] The post Prospect of Trump-Xi talks raises hope for thaw in trade war appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsOct 13th, 2018

Bargain hunt makes PSEi bounce back above 7,000

THE MAIN INDEX clawed its way back above the 7,000 mark on Friday from Thursday’s worst year-to-date finish on bargain hunting and signs that Sino-US trade tensions could ease. The post Bargain hunt makes PSEi bounce back above 7,000 appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsOct 12th, 2018

Asia stocks rise as trade optimism extends Wall Street’s bull run

TOKYO — Asian stocks rose on Thursday as Wall Street hit record highs in the hope that the current North American Free Trade Agreement (NAFTA) negotiations will lead to a further easing of global trade tensions. MSCI’s broadest index of Asia-Pacific shares outside Japan nudged up 0.1 percent. Australian stocks added 0.15 percent, and Japan’s Nikkei rose […].....»»

Category: newsSource:  interaksyonRelated NewsAug 30th, 2018

Foreign selling drags PSEi in morning trade

PHILIPPINE shares retreated in early trading on Tuesday on foreign selling along with profit-taking by local investors following five straight days of market gains. At the noon break, the benchmark Philippine Stock Exchange index (PSEi) was down 109.52 points or 1.41 percent at 7,663.80 while the wider All Shares was down 44.57 points or 0.96 percent at 4,600.71. Philstocks [...] The post Foreign selling drags PSEi in morning trade appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsJul 31st, 2018

Stocks up for third day

SHARE prices advanced for a third straight session on Thursday, tracking a regional rebound said to have been spurred by an easing of investor concerns over the US-China trade war. The benchmark Philippine Stock Exchange index (PSEi) added 0.23 percent or 16.85 points to close at 7,350.58 while the wider All Shares inched up 0.16 percent or [...] The post Stocks up for third day appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsJul 12th, 2018

PSEi down 1.42% in morning trade

PHILIPPINE shares retreated in early trading on Thursday with investor sentiment dampened by several factors, including the higher inflation in June, which exceeded the government range target of 4.3 percent to 5.1 percent. At noonbreak, the bellwether Philippine Stock Exchange index was down 1.42 percent or 104.58 points at 7,243.84. The wider All Shares was down 0.94 [...] The post PSEi down 1.42% in morning trade appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsJul 5th, 2018

PH, Asian markets cower as US, China trade tensions persist

The benchmark Philippine Stock Exchange index (PSEi) closed below the 7,000 mark on Monday, as uncertainties over trade tensions between the United States and China weighed on investor sentiments i.....»»

Category: newsSource:  philippinetimesRelated NewsJun 26th, 2018

PSEi touches 6,900

Continued sell-off blamed on escalating global trade tensions THE stock market capped the week by falling for a seventh straight session on Friday, briefly dipping to the 6,900 level with sell-offs persisting in the wake of news that more countries had announced retaliatory tariffs against the United States. The bellwether Philippine Stock Exchange index (PSEi) [...] The post PSEi touches 6,900 appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsJun 22nd, 2018

PSEi flirts with 6,900

  MANILA, Philippines– The Philippine Stock Exchange index (PSEi) briefly ventured into the deeper parts of the bear’s cave during the early morning trade on Friday, June 22.  Stocks fell as low as 6,925.61 intraday, before it  jumped back to the 7,000-levels. (READ:  Philippine stocks dive into bear territory ) Philippine shares still sustained further losses and ........»»

Category: newsSource:  rapplerRelated NewsJun 22nd, 2018

Stock market down anew as US-China tensions rise

Benchmark PSEi touches 7,200, closes 1.37% down at 7,312.61 The stock market plunged to an over one-year low on Tuesday, touching the 7,200 level at one point as escalating trade tensions between the world’s two largest economies further dampened investor sentiment. News that US President Donald Trump was threatening to… The post Stock market down anew as US-China tensions rise appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsJun 19th, 2018

Stocks fall further on US-China trade tensions

LOCAL equities slumped further to the 7,200 level in early trade on worries over the escalating trade war between the US and China and ahead of the upcoming Monetary Board (MB) meeting of the Bangko Sentral ng Pilipinas (BSP) this week. At the midday break, the Philippine Stock Exchange index was down 128.20 points or [...] The post Stocks fall further on US-China trade tensions appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsJun 19th, 2018

PSEi up as investors shrug off G7 dispute

LOCAL share prices firmed up on Monday as investors downplayed heightened trade tensions following an acrimonious meeting of the world’s biggest economies. The benchmark Philippine Stock Exchange index (PSEi) added 30.56 points or 0.40 percent to close at 7,771.30 while the wider All Shares rose 0.31 percent or 14.44 points to end at 4,704.54. “Philippine shares closed [...] The post PSEi up as investors shrug off G7 dispute appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsJun 12th, 2018

Peso dips as trade war tensions subside

THE PESO weakened on Tuesday, May 15, over indications of easing US and China relations after US President Donald J. Trump’s pronouncements on extending assistance to Chinese telecommunications giant ZTE, amid a brewing trade war between the two countries. The local unit closed at P52.29 against the greenback on Tuesday, shedding 10 centavos from the […] The post Peso dips as trade war tensions subside appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMay 15th, 2018

Peso declines as trade war tensions cool

The peso plunged to a one-month low on Monday, April 23, as the dollar gained strength, propped up by rising bond yields in the United States and easing tensions over a trade war with China. The local unit closed at P52.24 versus the greenback on Monday, 14.5 centavos weaker than Friday’s P52.095 finish. This is […] The post Peso declines as trade war tensions cool appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsApr 23rd, 2018

Emerging markets have had a good run; things may get bumpier

Emerging markets have weathered this year’s market volatility just fine so far. But some investors are using this as an opportunity to get a lot more selective, with challenges looming from trade tensions to the winding down of central-bank stimulus. “Now we can rule out the ‘global synchronized growth’ theme, which dominated early this year,” […] The post Emerging markets have had a good run; things may get bumpier appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsApr 17th, 2018

Main-share index falls by 1.78%

The local stock barometer yesterday pulled back sharply as foreign investors resumed selldown of local equities. The main-share Philippine Stock Exchange index (PSEi) slid by 143.09 points or 1.78 percent to close at 7,899.98. Regional markets were mixed as trade war tensions started to ease. For the four-day trading week, the index lost 45.68 points from the previous week's finish of 7,945.66. All counters ended lower, but the most battered was the holding firm counter which fell by 2.87 percent as investors sold down shares of SM Investments and Metro Pacific, which both slid by over 4 percent. The property counter lost 1.72 percent. There were 134 decliners that overwhe...Keep on reading: Main-share index falls by 1.78%.....»»

Category: newsSource:  inquirerRelated NewsApr 13th, 2018

PSEi retreats to 7,800 level

The local stock barometer pulled back sharply on Friday as foreign investors resumed their selldown of local equities. The main-share Philippine Stock Exchange index (PSEi) slid by 143.09 points or 1.78 percent to close at 7,899.98. Regional markets were mixed but trade war tensions started to ease. For the four-day trading week, the index lost 45.68 points from the previous week's finish of 7,945.66. All counters ended lower, but the most battered was the holding firm counter which fell by 2.87 percent as investors sold down shares of SM Investments and Metro Pacific, which both slid by over 4 percent. The property counter faltered by 1.72 percent. There were 134 dec...Keep on reading: PSEi retreats to 7,800 level.....»»

Category: newsSource:  inquirerRelated NewsApr 13th, 2018