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Stocks end flat amid geopolitical concerns

MANILA, Philippines - Local stocks were largely unchanged Tuesday as investors stayed on the sidelines with guarded optimism......»»

Category: financeSource: philstar philstarApr 18th, 2017

Peso flat amid continued geopolitical tensions

THE PESO strengthened a tad yesterday as the market was cautious over geopolitical concerns involving US, Iran and North Korea ahead of key US economic data. The local currency closed at P52.27 versus the greenback on Thursday, gaining one-and-a-half centavos from the P52.285 close on Wednesday. The peso strengthened at the open to P52.20 per […] The post Peso flat amid continued geopolitical tensions appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMay 17th, 2018

Stocks extend rally on late buying spree

MANILA, Philippines — Investors continued to test the 8,000 support level yesterday as share prices extended their climb amid geopolitical concerns over Nort.....»»

Category: financeSource:  philstarRelated NewsSep 5th, 2017

Stocks inch up amid geopolitical concerns

MANILA, Philippines - Share prices inched up on the last trading day of the week, as investors sought refuge in the local market amid uncertainties in the US.....»»

Category: financeSource:  philstarRelated NewsApr 12th, 2017

Stocks snap losing streak on MSCI, easing tensions

THE MAIN INDEX snapped its three-day losing streak on Thursday, ending the month of May on a positive note, as investors focused on the MSCI rebalancing and easing geopolitical concerns. The post Stocks snap losing streak on MSCI, easing tensions appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMay 31st, 2018

Peso sinks to fresh low on geopolitical tensions, Fed

The Philippine peso further weakened on Friday, falling to a fresh trough amid geopolitical concerns and after the US Federal Reserve suggested that another rate hike was on the way soon......»»

Category: newsSource:  philstarRelated NewsMay 25th, 2018

Stocks down on renewed trade worries

Stocks fell for the sixth consecutive session on Wednesday, May 23, amid renewed geopolitical woes due to United States President Donald J. Trump’s comments on their trade talks with China. The Philippine Stock Exchange index— considered the local barometer for investor sentiment— gave up 1.12% or 85.73 points to close at 7,560.47. The broader all-shares […] The post Stocks down on renewed trade worries appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsMay 23rd, 2018

Peso likely to weaken vs dollar as geopolitical issues continue

THE PESO is seen to inch lower this week as the dollar is expected to “firm up” amid geopolitical concerns abroad. On Friday, the peso slid to P52.33 versus the greenback from Thursday’s finish of P52.27 as rising US Treasury yields supported the dollar. Week on week, the peso also fell from its P52.19 finish […] The post Peso likely to weaken vs dollar as geopolitical issues continue appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMay 20th, 2018

Peso likely to weaken as dollar climbs further on positive data

THE PESO will likely weaken this week as the dollar is seen to remain “relatively strong” amid mixed US economic data as well as geopolitical concerns. On Friday, the peso dropped to P52.19 versus the greenback from Thursday’s finish of P51.80 following “dovish” remarks from the Bangko Sentral ng Pilipinas, saying the 25-basis point hike […] The post Peso likely to weaken as dollar climbs further on positive data appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMay 14th, 2018

Stocks slide amid fresh Middle East tension

Stock prices fell on Wednesday, May 9, as investors fled the markets following geopolitical tensions in the Middle East. The bellwether Philippine Stock Exchange index shed 0.29% or 22.30 points to close at 7,555.27 on Wednesday. The broader all shares index also dipped 0.19% or 8.84 points to 4,620.49. “Local equities were affected by (United […] The post Stocks slide amid fresh Middle East tension appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsMay 9th, 2018

Market to remain volatile amid overseas tensions

VOLATILITY may prevail in the week ahead, following the Philippine Stock Exchange index’s (PSEi) sharp decline last week due to a mix of geopolitical concerns and fears of an overheating economy.  The bellwether PSEi ended 0.57% or 44.48 points higher to 7,726.72 last Friday, managing to eke out gains after its steep fall on Thursday. The […] The post Market to remain volatile amid overseas tensions appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsApr 22nd, 2018

Stocks dive further on geopolitical concerns

Share prices continued to nosedive yesterday as investors, spooked by geopolitical concerns, opted to remain on a wait and see stance, analysts said......»»

Category: financeSource:  philstarRelated NewsApr 18th, 2018

Trade woes, Russia tensions pressure emerging stocks, FX

LONDON — Emerging stocks struggled higher and currencies were mixed on Thursday amid mounting concerns over trade tensions and a worsening diplomatic row between Britain and Russia. MSCI’s broader emerging market index climbed 0.1% higher, but the gains masked diverging performances across major bourses with Asian equities across export-oriented economies such as Taiwan and Malaysia […] The post Trade woes, Russia tensions pressure emerging stocks, FX appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMar 16th, 2018

Stocks end flat on lack of fresh leads

MANILA, Philippines — The local stock market closed flat during yesterday’s trading on lack of leads, lingering concerns on inflation and some bargain huntin.....»»

Category: financeSource:  philstarRelated NewsMar 8th, 2018

Stocks end lower on inflation, rate hike concerns

SHARES continued to drop on Monday as investors stayed cautious amid fears of rate hikes and inflationary pressures that continue to affect Western markets. The 30-company Philippine Stock Exchange index (PSEi) gave up 0.18% or 15.78 points yesterday to close at 8,487.91, marking the third day of losses for the bellwether. The broader all-shares index […] The post Stocks end lower on inflation, rate hike concerns appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsFeb 12th, 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

Stocks end flat on lack of catalysts

MANILA, Philippines -  The stock market was little changed yesterday amid the lack of catalysts that would convince market investors to park their funds in t.....»»

Category: financeSource:  philstarRelated NewsJul 7th, 2017

Stock Market: Stocks inch up as investors rebalance holdings

PHILIPPINE STOCKS traded flat on Thursday as investors opted to stay on the sidelines and amid window-dressing activities among corporate managers to end the first quarter of the year......»»

Category: financeSource:  bworldonlineRelated NewsMar 30th, 2017

Stocks end flat on lack of catalysts

MANILA, Philippines - The stock market struggled to close higher yesterday amid mixed regional bourses......»»

Category: financeSource:  philstarRelated NewsFeb 21st, 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