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Stocks buck regional decline

Philippine stocks extended their gains on Thursday amid weakness in regional equities. The benchmark Philippine Stock Exchange index (PSEi) was up 0.59 percent or 41.57 points to 7,141.25 while the.....»»

Category: newsSource: philippinetimes philippinetimesOct 19th, 2018

Stocks track decline in regional markets

The stock market opened the week with a huge decline, taking the cue from its peers in Asia on worries over slowing global growth......»»

Category: financeSource:  philstarRelated NewsDec 10th, 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

PH stocks defy regional decline

The local stock barometer outperformed regional markets on Tuesday as investors were relieved that the country's May inflation rate of 4.6 percent was not as high as anticipated by the market......»»

Category: newsSource:  philippinetimesRelated NewsJun 6th, 2018

PSE index stays above 8,000, defies regional slump

  The local stock barometer stabilized above the 8,000 mark on Tuesday, defying the slump across most regional markets on selective buying of large-cap stocks. Reversing early losses, the main-share Philippine Stock Exchange index (PSEi) added 9.27 points or 0.12 percent to close at 8,048.72. Elsewhere in the region, stock markets were mostly lower, tracking the overnight decline in Wall Street. The PSEi was led higher by the holding firm and mining/oil counters, which both advanced by over 1 percent. The services and property counters also firmed up. On the other hand, the financial counter declined by 1.13 percent while the industrial counter also fell by 0.9...Keep on reading: PSE index stays above 8,000, defies regional slump.....»»

Category: newsSource:  inquirerRelated NewsApr 3rd, 2018

Stocks decline on lack of leads, US politics

Shares fell on Wednesday, March 14, as the lack of catalysts in the local front alongside tensions in the United States’ political scene continued to put a pressure on regional markets. The 30-member Philippine Stock Exchange index gave up 0.84% or 70.83 points to 8,348.74, while the broader all-shares index also dropped 0.62% or 31.31 […] The post Stocks decline on lack of leads, US politics appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsMar 14th, 2018

Stocks decline to track Wall Street on Tillerson

SHARES fell on Wednesday as the lack of catalysts in the local front, alongside tensions in the United States’ political scene, continued to put pressure on regional markets. The 30-member Philippine Stock Exchange (PSEi) index gave up 0.84% or 70.83 points to close at 8,348.74, while the broader all-shares index also dropped 0.61% or 31.31 points […] The post Stocks decline to track Wall Street on Tillerson appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsMar 14th, 2018

Stock Market: Philippine stocks post uptick, buck Asian trend

THE LOCAL bourse bucked the trend as major Asian markets saw a decline on Thursday, after minutes from the US Federal Reserve's last meeting did not provide a clear picture on the pace of future interest rate hikes......»»

Category: financeSource:  bworldonlineRelated NewsJul 6th, 2017

Share prices buck regional downtrend

MANILA, Philippines -  Local stocks staged a late afternoon rally Friday as investors turned a weak start into a positive finish......»»

Category: financeSource:  philstarRelated NewsMar 3rd, 2017

Stocks defy regional rally

The local stock barometer fell below the 8,000 mark on Wednesday, bucking the upswing across regional markets. The post Stocks defy regional rally appeared first on Inquirer Business ......»»

Category: newsSource:  philippinetimesRelated NewsFeb 14th, 2019

‘Call of Duty’ maker Activision Blizzard plans to lay off hundreds of employees — reports

Activision Blizzard may soon announce layoffs in an attempt to boost profit, following lower sales in 2018 that has been felt too among other gaming giants. Sources told Bloomberg in a Friday, Feb. 8 report that hundreds of job cuts are expected as the American video game restructures to improve its profits. Stocks fell from a high of $84.68 (about P4,400) to $43.41 (about P2,200) on Friday, more than a 48 percent decline. The company, which is behind titles such as "Guitar Hero", "Call of Duty" and "Diablo", admitted in a conference last November that there was a user decline for games which include "Overwatch". While Activision Blizzard is the parent company, Activision and ...Keep on reading: ‘Call of Duty’ maker Activision Blizzard plans to lay off hundreds of employees — reports.....»»

Category: newsSource:  inquirerRelated NewsFeb 12th, 2019

Stocks decline; Vista Land climbs

Stocks decline; Vista Land climbs.....»»

Category: financeSource:  thestandardRelated NewsFeb 9th, 2019

Regional markets turn cautious; PH stocks end flat | Inquirer Business

The local stock barometer ended flat on Tuesday as a wave of caution swept through regional markets, replacing earlier optimism over US-China trade talks. The post Regional markets turn cautious; PH s.....»»

Category: newsSource:  philippinetimesRelated NewsJan 23rd, 2019

Foreigners pull most cash from Asian equities in at least 7 years in 2018

Foreign outflows from Asian equities were the biggest in at least 7 years in 2018 as the Sino-U.S. trade war and slowing profits battered regional stocks last year. Data from South Korea, Taiwan, India, Thailand, Philippines, Indonesia and Vietnamese stock exchanges showed foreigners sold a net $33.6 billion worth of equities last year, which was the […] The post Foreigners pull most cash from Asian equities in at least 7 years in 2018 appeared first on Interaksyon......»»

Category: newsSource:  interaksyonRelated NewsJan 4th, 2019

Hot Take: It s Time To Buy Emerging Market Stocks, Top Considerations

Emerging market stocks has had new enemies following the decline in the MSCI Emerging Markets Index, which fell 20%. However, it is very likely that this decline has neared its end. If you're one.....»»

Category: newsSource:  philippinetimesRelated NewsJan 3rd, 2019

Hot Take: It’s Time To Buy Emerging Market Stocks — And Our Top Considerations

Emerging market stocks has had new enemies following the decline in the MSCI Emerging Markets Index, which fell 20%. However, it is very likely that this decline has neared its end.   If you're one of those people that have been putting off the idea of purchasing U.S. stocks, as a result of correction which has been projected to happen soon, then you should explore the opportunities in emerging markets (EM). They have already undergone their correction. Therefore, they are not so expensive at the moment. Also, a catalyst ahead, lies just around the corner, mainly in the form of a decline in fears about a trade war, which will weaken the dollar, and consequently make emerging...Keep on reading: Hot Take: It’s Time To Buy Emerging Market Stocks — And Our Top Considerations.....»»

Category: newsSource:  inquirerRelated NewsJan 3rd, 2019

Local stocks firm up on Wall Street rally

The local stock barometer firmed up on Thursday as investors took their cue from the historic surge in US stocks overnight. The local stock barometer gained 32.65 points, or 0.44 percent to close at 7,482.66, tracking mostly higher regional markets. Local stockbrokerage Papa Securities said the PSEi had been expected to rise following record-shattering gains in Wall Street. Overnight, US stocks saw their strongest rally since 2009 on signs of improved US consumer spending. The Dow Jones Industrial Average surged by 1,086.25 points, or 4.98 percent. However, Papa Securities added that the US markets might "remain highly volatile in the near term and will continue to provide he...Keep on reading: Local stocks firm up on Wall Street rally.....»»

Category: newsSource:  inquirerRelated NewsDec 27th, 2018

Stocks end flat; Bloomberry gains – manilastandard.net

Stocks end flat; Bloomberry gains  manilastandard.net The stock market closed flat Friday as mild profit-taking capped early gains, weighed down by losses in the regional market. The Philippine Stock Exchange … Source link link: Stocks end flat; Bloomberry gains – manilastandard.net.....»»

Category: newsSource:  manilainformerRelated NewsDec 15th, 2018

PHL stocks rebound as investors pick up bargains

LOCAL SHARES recovered on Tuesday as investors hunted for bargains following the market’s recent decline......»»

Category: newsSource:  bworldonlineRelated NewsDec 11th, 2018

CA junks casino firm s appeal over Bloomberry stocks

MANILA, Philippines – The Court of Appeals affirmed the Makati City Regional Trial Court's writ of preliminary injunction in 2017 against casino company Global Gaming Philippines' (GGAM) move to sell its stocks in Bloomberry Resorts Corporation. GGAM planned to sell P921.18 million shares of its stocks ........»»

Category: newsSource:  rapplerRelated NewsNov 25th, 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