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Stock Market: Shares sustain climb on Asia, Wall Street's rise

STOCKS climbed further, lifting the main index back to the 7,800 level on Monday, as markets in Asia rose in line with Wall Street......»»

Category: financeSource: bworldonline bworldonlineMay 22nd, 2017

Asia stocks supported by Wall St, but China drags

TOKYO — Asian stocks were supported on Thursday by robust corporate earnings that helped Wall Street quell concerns about the surge in U.S. bond yields. However, sagging Chinese shares limited the upside potential of the market. Spreadbetters expected European stocks to open higher off the back of firm U.S. stocks, pointing to a rise in […] The post Asia stocks supported by Wall St, but China drags appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsApr 26th, 2018

Asia markets edge up as commodities rise, Apple fears ease

HONG KONG: Asian markets edged upward Wednesday in thin holiday trading, with investors shrugging off a negative Wall Street lead as fears over lacklustre iPhone demand eased, and commodities rose. Shares in Apple, the biggest US company by market capitalisation, had slumped 2.5 percent Tuesday, mirroring a move by its Asian suppliers, after a report [...] The post Asia markets edge up as commodities rise, Apple fears ease appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsDec 27th, 2017

Stock Market: Shares climb as Wall Street cheers payrolls data

THE Philippine Stock Exchange index climbed on Monday, reflecting the positive performance of markets in the United States, alongside optimism for the local central bank to leave policy rates unchanged......»»

Category: financeSource:  bworldonlineRelated NewsAug 7th, 2017

Stock Market: Stocks extend climb on Fed minutes, Wall Street

STOCKS sustained their rise on Thursday, with the Philippine Stock Exchange index (PSEi) posting a gain of more than 2%, as the local market tracked Wall Street's gains......»»

Category: financeSource:  bworldonlineRelated NewsJan 5th, 2017

PH shares rise, mirror gains in the region

The benchmark Philippine Stock Exchange (PSEi) Index rose on Wednesday to close above the 7,000 level as it mirrored gains in the region after the strong rally on Wall Street overnight. The PSEi we.....»»

Category: newsSource:  philippinetimesRelated NewsOct 19th, 2018

Bargain-hunting lifts PSEi from bear territory

A Friday rebound lifted the stock market from bear territory, with investors said to have gone bargain-hunting and sentiment also boosted by overnight gains on Wall Street. The Philippine Stock Exchange index (PSEi) surged by 3.48 percent or 248.27 points to close at 7,383 while the broader All Shares increased by 2.16 percent or 95.44 [...] The post Bargain-hunting lifts PSEi from bear territory appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsSep 22nd, 2018

PSEi up on Wall Street gains, windowdressing

The stock market firmed up on Thursday with analysts pointing to Wall Street gains and month-end windowdressing as having provided the impetus. The benchmark Philippine Stock Exchange index (PSEi) added 22.20 points or 0.28 percent to close at 7,853.16, while the broader All Shares rose by 0.21 percent or 10.04 points to finish at 4,760.90. Philstocks Financial, [...] The post PSEi up on Wall Street gains, windowdressing appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsAug 31st, 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

Wall Street gains buoy local stocks

The stock market ended on a strong note yesterday, with the benchmark Philippine Stock Exchange index closing higher by 66.16 points or 0.88 percent to finish at 7,583.52, while the broader All Shares index gained 21.29 points or 0.46 percent to end at 4,606.69......»»

Category: financeSource:  philstarRelated NewsAug 18th, 2018

World shares mixed as Trump decision on Iran deal approaches

European shares are mostly lower after a day of gains in Asia, as a decision by President Donald Trump looms on whether to pull out of the US nuclear deal. Keeping score Germany's DAX dropped 0.5 percent to 12,885.50 and the CAC 40 in France lost 0.3 percent to 5,513.20. Britain's FTSE 100 edged 0.1 percent higher to 7,575.63. The future for the S&P 500 slipped 0.2 percent to 2,664.50 and the future for the Dow lost 0.1 percent to 24,265.00, pointing to a downbeat start on Wall Street. Asia's day Japan's Nikkei 225 stock index added 0.2 percent to 22,508.69 and Hong Kong's Hang Seng index climbed 1.4 percent to 30,402.81. The Shanghai Composite index jumped 0.8 percent ...Keep on reading: World shares mixed as Trump decision on Iran deal approaches.....»»

Category: newsSource:  inquirerRelated NewsMay 8th, 2018

Stocks in Europe advance as focus turns towards US Fed decision

A woman walks by an electronic stock board of a securities firm in Tokyo, Wednesday, May 2, 2018. Shares are mixed in Asia after a topsy-turvy May Day session on Wall Street, where most benchmarks.....»»

Category: newsSource:  philippinetimesRelated NewsMay 3rd, 2018

Spotify aims to strike chord in stock market debut

Spotify on Tuesday debuts as a publicly traded company, hoping that its streaming music model will be a hit with investors and a boon to artists. In an unusual move, Spotify will list existing shares directly on the New York Stock Exchange rather than issuing new stock, allowing its founders and investors to maintain control and avoiding the cost of hiring Wall Street underwriters. "Spotify is not raising capital, and our shareholders and employees have been free to buy and sell our stock for years," 35-year-old chief executive and co-founder Daniel Ek said in a blog post Monday ahead of the listing of "SPOT" shares. Ek said the move "puts us on a bigger stage," but "doesn't...Keep on reading: Spotify aims to strike chord in stock market debut.....»»

Category: newsSource:  inquirerRelated NewsApr 3rd, 2018

PSEi tracks US sell-off on rate hike fears

PHILIPPINE shares fell in early trading Wednesday as the local market tracked the sell-off on Wall Street amid fears of more rate hikes this year than expected. The benchmark Philippine Stock Exchange index (PSEi) was down 89.06 points or 1.04 percent at 8,503.32 at the noon break while the broader All Shares was down 34.20 points or 0.67 percent [...] The post PSEi tracks US sell-off on rate hike fears appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsFeb 28th, 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

Wall St sell-off drags PSEi back to 8500

PHILIPPINE shares tumbled in early trading Monday, with the bellwether index falling back to the 8,500 level, as the local market mimicked its offshore counterparts following the rout on Wall Street on Friday. At the noon break, the Philippine Stock Exchange index was down 244.92 points or 2.78 percent at 8,565.83, while the broader All Shares had dropped 130.33 [...] The post Wall St sell-off drags PSEi back to 8500 appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsFeb 5th, 2018

Stock market falls back to 8,700 level

Declines on Wall Street weighed on the Philippine Stock Exchange index (PSEi) on Wednesday with the bellwether gauge — which topped 9,000 just last Friday — falling back into 8,700 territory. The PSEi lost 146.47 points or 1.64 percent to close at 8,764.01. The broader All Shares, meanwhile, retreated by 1.34 percent or 69.81 points [...] The post Stock market falls back to 8,700 level appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsJan 31st, 2018

Stock Market: Index ends above 8,000 as investors turn bullish

THE BELLWETHER INDEX climbed to its highest level for the year on Wednesday, breaching the 8,000 level after months of trading in consolidation phase, tracking Wall Street's rise and as investors became bullish on the Philippines' outlook following President Rodrigo R. Duterte's State of the Nation Address......»»

Category: financeSource:  bworldonlineRelated NewsJul 26th, 2017

Stock Market: Local shares rebound as Wall Street posts gains

THE main index rebounded on Tuesday, tracking US stocks which edged higher overnight, led by gains in technology stocks as investors were optimistic ahead of earnings......»»

Category: financeSource:  bworldonlineRelated NewsJul 11th, 2017

Stock Market: All sectoral indices drag bourse down further

LOCAL SHARES failed to mirror Wall Street's gains, despite the expected seasonal window-dressing by fund managers......»»

Category: financeSource:  bworldonlineRelated NewsJun 29th, 2017

Stock Market: Shares drop on Wall Street's slump, lack of leads

STOCKS fell on Tuesday following Wall Street's decline and amid the lack of positive catalysts locally......»»

Category: financeSource:  bworldonlineRelated NewsApr 19th, 2017