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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......»»

Category: financeSource:  philstarRelated NewsMar 6th, 2024

Trending tickers: Trump Media, Tesla, Bitcoin and DS Smith

Former US president Donald Trump’s media firm, Trump Media & Technology Group, had a successful stock market debut in New York, with shares soaring past.....»»

Category: newsSource:  thedailyguardianRelated NewsMar 27th, 2024

Market succumbs to profit-taking anew

The stock market succumbed to another round of profit-taking, slumping for the second straight session......»»

Category: financeSource:  philstarRelated NewsFeb 27th, 2024

Market tumbles below 6,800 amid profit taking

The stock market fell below the 6,800 level yesterday as investors continued to engage in profit taking following its recent rally......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

Market Reels: How Stock Market Investing Aligns with Online Gaming Strategies

In the unpredictable world of finance, investors often find themselves navigating through an array of strategies and tactics to maximize their returns. Surprisingly, the stock market and online slot games share some intriguing parallels. While one is associated with the thrill of risk and the other with calculated investments, the similarities between the two might […] The post Market Reels: How Stock Market Investing Aligns with Online Gaming Strategies appeared first on Kagay An......»»

Category: newsSource:  kagay_anRelated NewsJan 12th, 2024

Trump wins Iowa caucus, taking first step toward a Biden rematch

(1st UPDATE) Donald Trump appears likely to win by a record-setting margin, based on early results, which would bolster his argument that he is the only Republican candidate capable of taking on Democratic President Joe Biden.....»»

Category: newsSource:  rapplerRelated NewsJan 16th, 2024

Numerous Individuals and Businesses Profit from Trump Media Stock

Former President Donald J. Trump’s social media company, Truth Social, had a successful first official trading session on the Nasdaq, with shares surging and approaching.....»»

Category: newsSource:  thedailyguardianRelated NewsMar 28th, 2024

Trump wins South Carolina, swamping Nikki Haley in her home state

The lopsided outcome will bolster calls from Donald Trump's allies that Nikki Haley, Trump's last remaining challenger, should drop out of the race.....»»

Category: newsSource:  rapplerRelated NewsFeb 25th, 2024

Shares of Trump-linked companies rise- Bloomberg

The former president secured a record margin of victory in Iowa's Republican caucus on Monday Shares in companies linked to former US President Donald Trump surged after his first victory in the campaign to reclaim the White House, Bloomberg reported on Tuesday. On Monday, Trump decisively beat his chief rivals.....»»

Category: lifestyleSource:  abscbnRelated NewsJan 18th, 2024

First Metro thinks PSEi could hit 7,500 this year

First Metro Investment Corp head of research, Cristina Ulang, said that the PSEi could rise to as high as 7,500 this year......»»

Category: financeSource:  philstarRelated NewsJan 15th, 2024

Figaro quarterly profit up 7% y/y (121% q/q)

Figaro posted a Q2 profit of P195 million, up 7% from its Q2/22 profit of P182 million, and up 121% from its Q1 profit of P88 million......»»

Category: financeSource:  philstarRelated NewsFeb 13th, 2024

Japan slips into a recession and loses its spot as the world s third-largest economy

Japan slips into a recession and loses its spot as the world s third-largest economy.....»»

Category: newsSource:  sunstarRelated NewsFeb 16th, 2024

Japan slips into a recession and loses its spot as the world s third largest economy

Japan slips into a recession and loses its spot as the world s third largest economy.....»»

Category: newsSource:  sunstarRelated NewsFeb 15th, 2024

Insurance penetration rate slips further to 1.6 percent

The insurance industry saw its net income rise to P48 billion last year, but its contribution to the overall economy slipped further for the second straight year to only 1.6 percent......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

PSEi to stay at 6,700 ahead of inflation data

The stock market will try to hold on to the 6,700 level this week as investors will be on the lookout for inflation data and corporate earnings results......»»

Category: financeSource:  philstarRelated NewsFeb 4th, 2024

PSEi back to 6,600 level on Wall Street gains

The Philippine stock market sustained its strength yesterday, returning to the 6,600 mark......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 16th, 2024

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......»»

Category: financeSource:  philstarRelated NewsJan 30th, 2024

The Daily Guardian: S& P 500 slips to start the week as Wall Street takes a breather from record highs

The stock market saw a slight dip on Monday as major indexes retreated from record highs reached last week. The S&P 500 closed at 5,069.53,.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 27th, 2024

Trump to face jurors in April before facing US voters in November

Republican strategists say voters have grown accustomed to Donald Trump's norm-shattering behavior, but a guilty verdict could hurt his ability to win over swing voters who decide elections.....»»

Category: newsSource:  rapplerRelated NewsMar 26th, 2024