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Stocks close flat on Wall St cue

Philippine stocks closed flat yesterday, taking the cue from US stocks which declined following the political uncertainties in the US amid President Trump’s travel ban......»»

Category: financeSource: philstar philstarJan 30th, 2017

Stocks close flat on Wall St cue

MANILA, Philippines - Philippine stocks closed flat yesterday, taking the cue from US stocks which declined following the political uncertainties in the US a.....»»

Category: financeSource:  philstarRelated NewsJan 31st, 2017

Stocks close flat on Wall St cue

Philippine stocks closed flat yesterday, taking the cue from US stocks which declined following the political uncertainties in the US amid President Trump’s travel ban......»»

Category: financeSource:  philstarRelated NewsJan 30th, 2017

PH stocks gain more ground

  The local stock barometer firmed up for the fourth straight session yesterday, flirting with the 7,400 mark in intra-day trade in line with mostly upbeat regional markets.   The main-share Philippine Stock Exchange index (PSEi) added 48.6 points or 0.66 percent to close at 7,399.18. The index hit as high as 7,405.42 in intra-day trade.   Across regional markets, stock markets were mostly higher as US-China trade war jitters have waned for now.   Investors took heart from upbeat trading on Wall Street overnight. The Dow Jones Industrial Average added 224.44 points or 0.91 percent.   Except for the services counter, all sub-indices ende...Keep on reading: PH stocks gain more ground.....»»

Category: newsSource:  inquirerRelated NewsJul 13th, 2018

Tokyo stocks close higher on weak yen

Tokyo stocks rose moderately on Friday, helped by Wall Street rallies and a cheaper yen against the dollar. The benchmark Nikkei 225 index gained 0.50 percent or 113.14 points to close at 22,851.75, logging a weekly gain of 0.69 percent. The broader Topix index was up 0.29 percent or 5.15 points at 1,789.04. It gained […] The post Tokyo stocks close higher on weak yen appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsJun 15th, 2018

Stocks end flat on lack of leads, US-North Korea

THE MAIN INDEX closed flat on Monday due to a lack of leads, alongside muted trading overseas. The 30-member Philippine Stock Exchange index (PSEi)went down 0.06% or 4.61 points to close at 7,642.90 Monday, May 28. The broader all-shares index also dropped 0.14% or 6.56 points to 4,648.11. “Philippine markets closed slightly in the red […] The post Stocks end flat on lack of leads, US-North Korea appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsMay 28th, 2018

PSEi ends the week in the red

By Denise A. Valdez LOCAL stocks slipped on Friday, after an overnight drop in Wall Street and the central bank’s move to reduce banks’ required reserves. The Philippine Stock Exchange index (PSEi) closed at 7,647.51, dropping 5.02 points or 0.07%. The broader all shares index, meanwhile, gained 7.32 points or 0.16% to close at 4,654.67. […] The post PSEi ends the week in the red appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsMay 25th, 2018

Most Asian markets rise after Wall St rally, ringgit bounces

Hong Kong, China — Most Asia markets rose Monday as investors built on last week’s rally, with another healthy lead from Wall Street providing support, but oil prices retreated from their three-and-a-half-year highs. Malaysia’s ringgit recovered from an early sell-off to sit flat while stocks were up more than one% in Kuala Lumpur as trading […] The post Most Asian markets rise after Wall St rally, ringgit bounces appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMay 14th, 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

Tokyo Stocks Close Higher on Wall Street’s Overnight Rally

Tokyo stocks closed higher Friday with bellwether tech-related issues gaining ground tracking their U.S. counterparts’ rise on Wall Street’s overnight rally. The 225-issue Nikkei Stock Average gained 295.22 points, or 1.40 percent, from Thursday to close the day at 21,454.30. The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, […].....»»

Category: newsSource:  metrocebuRelated NewsApr 3rd, 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

PH stocks slip to 8,500

  The local stock barometer slipped to the 8,500 mark on Thursday as investors continued to price in the impact of rising inflation and interest rates in the country. Tracking the overnight slump in Wall Street, the main-share Philippine Stock Exchange index (PSEi) shed 98.08 points or 1.14 percent to close at 8,515.57. The index was dragged down most by the holding firm, mining/oil and property counters, which all fell by over 1 percent. The financial and industrial counters also slipped. Only the services counter modestly gained. Value turnover for the day amounted to P10.45 billion. Net foreign selling for the day amounted to P389.87 million. There were 136 ...Keep on reading: PH stocks slip to 8,500.....»»

Category: newsSource:  inquirerRelated NewsFeb 22nd, 2018

PH stocks down as jitters return

  The local stock index slipped on Thursday as bond jitters returned to spook global markets ahead of a closely watched local monetary setting meeting. The main-share Philippine Stock Exchange index (PSEi) shed 22.48 points or 0.26 percent to close at 8,645.08, tracking the overnight slump on Wall Street. After the day's closing, the inflation-targeting Bangko Sentral ng Pilipinas announced that it had kept key interest rates unchanged despite the spike in the January inflation rate. However, it raised inflation forecasts this year and next year to 4.3 percent and 3.5 percent, respectively, from 3.4 percent and 3.2 percent. Looking forward, Papa Securities said th...Keep on reading: PH stocks down as jitters return.....»»

Category: newsSource:  inquirerRelated NewsFeb 8th, 2018

Market rebounds, closes 1.37% up

  The local stock barometer yesterday rebounded as the bloodbath in the last two sessions opened a window of opportunity for bargain-hunters. The main-share Philippine Stock Exchange index (PSEi) recouped 117.14 points or 1.37 percent to close at 8,667.56, taking its cue from the recovery of stocks in Wall Street overnight. "The (US) dollar relinquished gains as US equities stabilized in a turbulent trading session," said BDO chief strategist Jonathan Ravelas. "The fading risk-off mood weighed on treasuries, which were sold off as stocks recovered." All counters firmed up, led by the industrial counter which went up by 2.12 percent. The financial, services, mining/o...Keep on reading: Market rebounds, closes 1.37% up.....»»

Category: newsSource:  inquirerRelated NewsFeb 7th, 2018

PSEi bounces to 8,600 level

The local stock barometer bounced on Wednesday as the bloodbath in the last two sessions opened the window of opportunity for bargain-hunters. The main-share Philippine Stock Exchange index (PSEi) recouped 117.14 points or 1.37 percent to close at 8,667.56, taking its cue from the recovery of stocks in Wall Street overnight. "The (US) dollar relinquished gains as US equities stabilized in a turbulent trading session," said BDO chief strategist Jonathan Ravelas. "The fading risk-off mood weighed on Treasuries, which were sold off as stocks recovered." All counters firmed up, led by the industrial counter which went up by 2.12 percent. The financial, services, mining/oil an...Keep on reading: PSEi bounces to 8,600 level.....»»

Category: newsSource:  inquirerRelated NewsFeb 7th, 2018

Wall Street’s deepest dives

NEW YORK: US stocks took a historic tumble on Monday (Tuesday in Manila), with the blue-chip Dow Jones Industrial Average at one point losing almost 1,600 points—the biggest-ever dip during trading—before recovering somewhat to close at 4.6 percent. | While sending waves through the global financial system, Monday’s swoon—which ended at 23,923.88, erasing all of [...] The post Wall Street’s deepest dives appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsFeb 6th, 2018

Stocks reflect global slump

THE Philippine shares benchmark index tumbled to the 8,600 level on Monday as trading mirrorred the rout on Wall Street on Friday. The bellwether index lost 2.21 percent or 194.75 points to close at 8,616, while the broader All Shares, shed 2.15 percent or 111.40 points to end at 5,070.42. First Grade Finance, Inc. Managing [...] The post Stocks reflect global slump appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsFeb 5th, 2018

Index pulls back early gains, ends flat

MANILA, Philippines — The Philippine stock market posted gains in early trade along with the rise in Asian stocks but eventually pulled back by the close of.....»»

Category: financeSource:  philstarRelated NewsJan 16th, 2018

PSEi slightly down but stays above 8,900

The local stock barometer ended flat but stayed above the 8,900 level yesterday as some investors reassessed their portfolios following the recent run-up to record highs. The main-share Philippine Stock Exchange index (PSEi) shed 3.43 points or 0.04 percent to close at 8,920.29. While US stocks continued to rally overnight, the local market slowed after successive winning sessions from the last days of December, said Luis Gerardo Limlingan, managing director at local stock brokerage Regina Capital Development. "Index saw some pullback amid a lack of news flow in local front and as investors await the corporate results season which will be in full swing next month," Limlingan sai...Keep on reading: PSEi slightly down but stays above 8,900.....»»

Category: newsSource:  inquirerRelated NewsJan 10th, 2018

PSEi slips but clings to 8,900

The local stock barometer ended flat but stayed afloat the 8,900 level on Wednesday as some investors reassessed their portfolios after the recent run-up to record highs. The main-share Philippine Stock Exchange index (PSEi) shed 3.43 points or 0.04 percent to close at 8,920.29. While US stocks continued to rally overnight, the local market was "tired" after its successive winning sessions from the last days of December, said Luis Gerardo Limlingan, managing director at local stock brokerage Regina Capital Development. "Index saw some pullback amid a lack of news flow in local front and as investors await the corporate results season which will be in full swing next month," ...Keep on reading: PSEi slips but clings to 8,900.....»»

Category: newsSource:  inquirerRelated NewsJan 10th, 2018

PSEi ends nearly flat amid lack of leads

THE PHILIPPINE STOCK EXCHANGE index (PSEi) managed to stage a last-minute rally on Friday to edge up from the past week, enabling the local benchmark to stay in step with several Asian peers. Wall Street was closed for the Thanksgiving holiday. PSEi climbed 21.88 points or 0.26% to close 8,365.11 — and up 0.65% from […] The post PSEi ends nearly flat amid lack of leads appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsNov 24th, 2017