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Easing Middle East tensions push market higher
The stock market advanced for a second consecutive session yesterday as it received much-needed boost from gains in the US market as well as easing tensions in the Middle East......»»
Market in the red for second day
The stock market yesterday extended its losing streak for a second straight day as investors wait for direction on how domestic and global inflation will tread for the rest of the year......»»
SEC moves to liberalize stockbrokers’ commissions
The Securities and Exchange Commission (SEC) is moving to liberalize retail stock market trading to prop up volume in the local bourse......»»
PSE stays hopeful on targets despite market slowdown
The Philippine Stock Exchange Inc. (PSE) remains optimistic on its target amount of capital to be raised in the bourse this year as well as the number of initial public offerings (IPO) despite recent market slowdown......»»
Xinhua world economic news summary at 0900 GMT, March 11
TOKYO -- Tokyo stocks closed significantly lower on Monday amid a strong yen and concerns for an overheated market following the overnight losses of tech-related shares in the Wall Street market. Japan's benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended down 868.45 points, or 2.19 percent, from Friday to close the day at 38,820.49, the lowest level since Feb. 21. (Japan-Tokyo Stocks).....»»
Xinhua world economic news summary at 0900 GMT, March 11
TOKYO -- Tokyo stocks closed significantly lower on Monday amid a strong yen and concerns for an overheated market following the overnight losses of tech-related shares in the Wall Street market. Japan's benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended down 868.45 points, or 2.19 percent, from Friday to close the day at 38,820.49, the lowest level since Feb. 21. (Japan-Tokyo Stocks).....»»
Shares gain anew on rate cut hopes
The stock market advanced for a second consecutive session yesterday, buoyed by indications that the vs Federal Reserve will make interest rate cuts later this year......»»
Stocks slip on profit-taking
The stock market fell for a second consecutive session yesterday as investors stayed mostly on the sidelines ahead of the release of the country’s gross domestic product......»»
Share prices slip on profit-taking
The stock market slipped yesterday after rising for three consecutive days as investors cashed in on their profits on the last trading day of the week......»»
Murder case filed vs 5 tagged in slay of Lapu market collector
LAPU-LAPU CITY, Cebu- A murder case was filed against five individuals tagged in the killing of a Lapu-Lapu City market collector. Public Market Executive Assistant for Market Operations, Christopher Ceniza was shot-killed by two individuals riding a motorcycle on January 5, while collecting market fees from the vendors. Two of the suspects, who served as.....»»
Market climbs ahead of BSP meeting
The stock market climbed for the second straight day ahead of the outcome of the Bangko Sentral ng Pilipinas (BSP) policy meeting......»»
Market ends 2-day slump, bounces above 6,800
The stock market ended a brief two-day bleeding as it made its way back to the 6,800 territory......»»
Bargain hunting boosts stock market
Bargain hunting propelled the stock market to open the week on a high note after last week’s steep drop......»»
Stocks rebound as Wall Street bounces back
Local stocks bounced back yesterday to close the week on a positive note as the local bourse mirrored gains in the US market......»»
Historically low valuation
The Philippine stock market bloodbath over the past two years saw the PSEi plummet from 7,122.6 on the last trading day of 2021 to 6,566.4 on the last trading day of 2022 for a 7.8 percent annual retreat and slide even further in 2023 to close at 6,450.0 on the last trading day of the year. In terms of valuation, the PSEi’s 2023 year-end 12.9x price-to-earnings (P/E) ratio does not fare well when compared against its past performance in prior years......»»
Globe gets ‘B’ CDP rating for 3 consecutive years
Globe gets ‘B’ CDP rating for 3 consecutive years.....»»
Record Week for S& P 500: Live Updates on Stock Futures – The Daily Guardian
U.S. Stock Futures Flat as S&P 500 Breaks Records U.S. stock futures held steady on Sunday night, maintaining the momentum from a record-breaking week for.....»»
Market extends losses as inflation quickens
The stock market extended its losing streak yesterday, closing the week in the red as inflation accelerated for a second straight month in March......»»
Market succumbs to profit-taking anew
The stock market succumbed to another round of profit-taking, slumping for the second straight session......»»
The Wallenberg whirlwind trip
It may have been a quick three-day trip to the Philippines of a member of Sweden’s richest business family, but Mr. Marcus Wallenberg, chairman of both SEB, a leading North European financial group with a current market value of $30.61 billion (approximately P1.7 trillion) as of March 2024, and Saab, a prominent Swedish defense and security company with a market value of $10.36 billion (roughly P580.18 billion) as of the same period, managed to pack in several key meetings on his second day......»»