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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: manilatimes manilatimesJul 26th, 2018

PSEi returns to 7,000; world markets rebound

THE stock market climbed back to the 7,000 level on Friday, with analysts pointing to bargain-hunting following Thursday’s rout and news that US President Donald Trump could meet with his Chinese counterpart, Xi Jingping, during next month’s G20 summit. The Philippine Stock Exchange index (PSEi) rose by 1.75 percent or 120.39 points to close at [...] The post PSEi returns to 7,000; world markets rebound appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsOct 12th, 2018

PSEi rebounds 2%, returns to 7,800

The stock market rebounded on Wednesday, gaining more than 2 percent to return to the 7,800 level on reports that the US and China could resume negotiations to end a trade war. Following a 1.3-percent plunge on Tuesday, the benchmark Philippine Stock Excha nge index (PSEi) soared 2.17 percent or 166.22 points to end the [...] The post PSEi rebounds 2%, returns to 7,800 appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsAug 1st, 2018

PSEi bucks Syria fears, returns to 8,000 territory

THE stock market bucked a regional decline to return to the 8,000 level on Thursday, with analysts pointing to the possibility of further gains ahead. The Philippine Stock Exchange index (PSEi) rose by 1.25 percent or 99.14 points to end at 8,043.07. The broader All Shares grew 0.94 percent or 45.11 points to finish at [...] The post PSEi bucks Syria fears, returns to 8,000 territory appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsApr 12th, 2018

PSEi returns to 8,000 level; trade war concerns recede

THE stock market snapped a losing streak on Tuesday, returning to the 8,000 level, as concerns over a trade war between China and the United States eased. The benchmark Philippine Stock Exchange index (PSEi) grew by 1.44 percent or 114.65 points to claw up to 8,047.03. The wider All Shares rose 1.21 percent or 57.79 points [...] The post PSEi returns to 8,000 level; trade war concerns recede appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsMar 28th, 2018

PSEi snaps 5-day rise, returns to 6,000 level

THE stock market snapped a five-day winning streak on Wednesday with analysts noting investor concerns over the possibility of interest rate hikes. Following gains since Tuesday last week and a holiday break on Friday, the benchmark Philippine Stock Exchange index (PSEi) lost 1.25 percent or 109.05 points to close at 8,613.65. The broader All Shares shed 0.15 [...] The post PSEi snaps 5-day rise, returns to 6,000 level appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsFeb 21st, 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

Stock Market: PSEi returns to 7,400 for first time in six months

PHILIPPINE SHARES rose for a second day on Tuesday to allow the benchmark index to return to 7,400 level for the first time in almost six months, thanks to foreign buying......»»

Category: financeSource:  bworldonlineRelated NewsApr 4th, 2017

Share prices steady as Dow surges

MANILA, Philippines - The stock market managed to hold steady yesterday even as the peso plunged to its lowest level since Sept. 26, 2006......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2017

Stock Market: PSEi surges above 7,300 ahead of GDP report

THE MAIN INDEX bounced back to the 7,300 level on Monday as investors looked forward to the Philippines' economic growth report amid uncertainties due to the leadership change in the United States......»»

Category: financeSource:  bworldonlineRelated NewsJan 23rd, 2017

Stock Market: PSEi returns to 7,000 level on strong GDP report

SHARE PRICES recovered yesterday to propel the main index above the 7,000 level as the upbeat third-quarter Philippine gross domestic product (GDP) data boosted investor sentiment......»»

Category: financeSource:  bworldonlineRelated NewsNov 17th, 2016

Stock Market: PSEi returns to 7,700 as markets cheer China data

PHILIPPINE shares rallied for a second straight day to bring the benchmark index past 7,700 level as most Asian markets cheered favorable economic data from China......»»

Category: financeSource:  bworldonlineRelated NewsOct 19th, 2016

Stock Market: Index returns above 8,000 on stable prospects

STOCKS rose yesterday, with the main index returning to the 8,000 level, amid stable prospects for the Philippine economy following the Asian Development Bank's (ADB) retention of its growth forecasts for the country......»»

Category: financeSource:  bworldonlineRelated NewsJul 19th, 2016

Index surges past 7,700 on sustained investor optimism

The market surged back to the 7,700 level yesterday, rallying by 171.02 points or 2.27 percent to finish at 7,703.92......»»

Category: financeSource:  philstarRelated NewsDec 5th, 2018

PSEi surges 2.24% on US-China trade truce | The Manila Times Online

THE stock market surged past 7,500 on Monday to post its strongest finish in nearly three months, tracking a global rally as investors cheered a trade truce between the UnitedREAD The post PSEi surges.....»»

Category: newsSource:  manilanewsRelated NewsDec 4th, 2018

PSEi surges 2.24% on US-China trade truce

THE stock market surged past 7,500 on Monday to post its strongest finish in nearly three months, tracking a global rally as investors cheered a trade truce between the United…READ The post PSEi surges 2.24% on US-China trade truce appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsDec 4th, 2018

PSEi up 0.79% on Semirara, AEV gains

THE stock market rose for the third consecutive day on Monday, nearing the 7,400 level, with gains attributed to rallies in the shares of Aboitiz Equity Ventures Inc. (AEV) and…READ The post PSEi up 0.79% on Semirara, AEV gains appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsNov 26th, 2018

Foreign buying lifts local stocks

The local stock barometer climbed to the 7,300 level on Friday as local equities started attracting back foreign inflows. The main-share Philippine Stock Exchange index (PSEi) racked up 71.8 points, or 0.99 percent to close at 7,340.18 even as regional markets were lackluster due to the Thanksgiving holiday in the United States. Value turnover for the day was heavy at P14.77 billion, boosted by a P9.04-billion block transaction of Gokongwei family-led RRHI shares related to its acquisition of grocery chain operator Rustan's Supercenter. The local stock market has seen net foreign buying in the last three days. With global oil prices easing and the Bangko Sentral ng Pilipinas tak...Keep on reading: Foreign buying lifts local stocks.....»»

Category: newsSource:  inquirerRelated NewsNov 23rd, 2018

Foreign buying lifts PSEi to 7,300

THE stock market rallied to the 7,300 level on Friday with foreign buying said to have allowed the bourse to buck a regional decline. The benchmark Philippine Stock Exchange index…READ The post Foreign buying lifts PSEi to 7,300 appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsNov 23rd, 2018

PSEi back at 7,000 following rate hike

The stock market returned to the 7,000 level on Friday as investors took heart from a fresh policy rate hike and overnight gains on Wall Street. The benchmark Philippine Stock…READ The post PSEi back at 7,000 following rate hike appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsNov 17th, 2018

Stocks fall to 4-week low ahead of BSP rate meeting

The stock market went on a tailspin again yesterday, with the index falling back to the 6,800 level not seen since Oct. 11, as investors remained cautious ahead of the policy meeting of the Bangko Sentral ng Pilipinas (BSP) on Thursday......»»

Category: financeSource:  philstarRelated NewsNov 13th, 2018