Advertisements


Stocks end slightly lower in thin trade

Philippine stocks closed slightly lower on Monday mainly as investors stayed on the sidelines given geopolitical uncertainties overseas. The benchmark Philippine Stock Exchange Index (PSEi) was dow.....»»

Category: newsSource: philippinetimes philippinetimesMay 29th, 2018

Market slips by 0.4% on thin trade

  The local stock barometer yesterday slipped as investors braced for an upcoming US inflation data, which will provide clues on the pace of the US Federal Reserve's monetary tightening. The main-share Philippine Stock Exchange index shed 33.93 points or 0.4 percent to close at 8,419.57. The market was dragged down most by the financial, mining/oil and property counters which all fell by over 1 percent. The services counter was also slightly lower. On the other hand, the industrial and holding firm counters firmed up. Value turnover for the day was thin at P6.56 billion. There was net foreign selling amounting to P480.8 million for the day. The PSE has seen net fo...Keep on reading: Market slips by 0.4% on thin trade.....»»

Category: newsSource:  inquirerRelated NewsMar 14th, 2018

PSE underperforms regional marts

The local stock barometer slipped back to the 8,300 level in thin trading on Thursday, underperforming regional markets, as foreign investors continued to trim holdings while local investors traded mostly volatile smaller-cap stocks. The main-share Philippine Stock Exchange index (PSEi) shed 22.84 points or 0.27 percent to close at 8,381.85 while regional markets were mostly up as worries about trade wars eased. The PSEi was weighed down by the financial, industrial, holding firm and property counters. On the other hand, the services counter gained 1.04 percent, while the mining/oil counter also slightly rose. Value turnover was relatively thin at P5.83 billion as investors l...Keep on reading: PSE underperforms regional marts.....»»

Category: newsSource:  inquirerRelated NewsMar 8th, 2018

PSE index clings to 7,000

The local stock barometer ended a tad higher on Tuesday, clinging to the 7,000 mark in thin trade amid mixed sentiment across the region.   The main-share Philippine Stock Exchange index (PSEi) added 8.56 points or 0.12 percent to close at 7,059.38 on selective buying of large-cap stocks. "Technically, we might be seeing some of the bullish divergence (weakening selling momentum) take effect especially with the PSEi trading briefly in the green (Monday) morning," Papa Securities said. Papa Securities expects more of these short-term periods of strength in the coming days especially with the divergence situation of the relative strength index, a key technical indicator, r...Keep on reading: PSE index clings to 7,000.....»»

Category: newsSource:  inquirerRelated NewsOct 9th, 2018

Taking cue from all-time highs in Wall Street, global stocks swim higher

Global stock markets rallied Monday, taking their cue from last week's record showing on Wall Street, but trading in Europe was thin with London closed for a public holiday. Share prices in Frankfurt were up by nearly half a percent after a widely watched survey showed business confidence in the German economy bouncing back as US trade war fears ease. French stock prices were also up by around 0.4 percent, buoyed by the widespread gains in Asia. The bank holiday in London was "keeping trading in Europe pretty thin," said London Capital Group analyst, Jasper Lawler. "Traders have had the weekend to digest all the central banker commentary from Jackson Hole." At the annual c...Keep on reading: Taking cue from all-time highs in Wall Street, global stocks swim higher.....»»

Category: newsSource:  inquirerRelated NewsAug 27th, 2018

Asian stocks recover after US-China trade talk news

Tokyo — Asia stocks opened sharply lower on Thursday, joining a global sell-off on concerns over Turkey’s financial crisis but later pared losses on news that China and the US would hold trade talks. Equities across the region suffered steep losses at the opening bell, with Tokyo and Shanghai off by more than one percent, […] The post Asian stocks recover after US-China trade talk news appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsAug 16th, 2018

Asian stocks recover after news of US-China trade talk

Asia stocks opened sharply lower on Thursday, joining a global sell-off on concerns over Turkey's financial crisis but later pared losses on news that China and the US would hold trade talks. Equities across the region suffered steep losses at the opening bell, with Tokyo and Shanghai off by more than one percent, dragged down by a weak session on Wall Street as traders fretted over possible contagion from Turkey's currency crisis. Japan's main Nikkei 225 index shed 1.20 percent in early trade and China's benchmark Shanghai Composite was off by 1.17 percent after another day of volatile trading driven by Turkey. On Wednesday, Ankara hiked tariffs on imports of several US goods i...Keep on reading: Asian stocks recover after news of US-China trade talk.....»»

Category: newsSource:  inquirerRelated NewsAug 16th, 2018

PSE index up on thin trade

The local stock barometer managed to slightly firm up on Tuesday but at an alarmingly low value turnout. The Philippine Stock Exchange index (PSEi) added 12.24 points or 0.17 percent to close at 7,.....»»

Category: newsSource:  philippinetimesRelated NewsJul 18th, 2018

Trade Wars: Trump loads first volley against China

People walk past a bank electronic board showing the Hong Kong share index at Hong Kong Stock Exchange on Wednesday, July 4, 2018. Asian shares were moderately lower on Wednesday after U.S. stocks.....»»

Category: newsSource:  philippinetimesRelated NewsJul 5th, 2018

Stocks up slightly in thin trading

Stocks up slightly in thin trading Source link link: Stocks up slightly in thin trading.....»»

Category: newsSource:  manilainformerRelated NewsJul 2nd, 2018

World stocks fall, haunted by concerns over US-China tariffs

SINGAPORE --- Global markets fell Monday as weaker-than-expected Asian economic surveys ratcheted up worries over the potential impact of higher tariffs due to be imposed by China and the US in a festering trade dispute. Over in Europe, a prolonged German government crisis weighed on sentiment. KEEPING SCORE: European shares fell in early trading. Germany's DAX dropped 0.5 percent to 12,242.80 and France's CAC 40 lost 1.0 percent to 5,270.37. Britain's FTSE 100 shed 0.8 percent to 7,573.61. Wall Street was poised to open lower. Dow futures fell 0.6 percent to 24,130.00 and broader S&P 500 futures were down 0.5 percent to 2,708.50. ASIA'S DAY: Asian markets were overshadowed...Keep on reading: World stocks fall, haunted by concerns over US-China tariffs.....»»

Category: newsSource:  inquirerRelated NewsJul 2nd, 2018

Tokyo stocks open lower as global trade worries weigh

Tokyo stocks opened lower on Monday amid worries about global trade as a key business sentiment survey showed confidence among Japan’s biggest manufacturers has slipped. The benchmark Nikkei 225 index dropped 0.21 percent or 47.85 points to 22,256.66 in early trade while the broader Topix index was down 0.23 percent or 4.00 points to 1,726.89. […].....»»

Category: newsSource:  bworldonlineRelated NewsJul 2nd, 2018

Wall Street heads south as Trump bashes China and oil prices flare

Washington — Newly inflamed trade war fears and disappointing earnings sent US stocks lower on Thursday, running counter to gains made in European equities. Benchmark oil contract Brent North Sea briefly hit its highest level since late 2014, breaching $80 per barrel and sparking fears it could soon hit $100, before calming later in the […] The post Wall Street heads south as Trump bashes China and oil prices flare appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsMay 18th, 2018

Global stocks most lower amid trade uncertainty

A man walks past an electronic stock board showing Japan's Nikkei 225 index at a securities firm in Tokyo Tuesday, May 15, 2018. Asian shares were mostly lower in muted trading Tuesday amid co.....»»

Category: newsSource:  philippinetimesRelated NewsMay 16th, 2018

PH stocks down in thin trade

The local stock barometer slipped on Monday as investors digested a string of local corporate developments and the latest stream of first quarter earnings results. The main-share Philippine Stock E.....»»

Category: newsSource:  philippinetimesRelated NewsMay 8th, 2018

Stocks mixed as PSEi rebounds from weeklong losses

SHARE prices were mixed in thin trading, with the benchmark index rising after a string of post-holiday losses as investors were enticed by the market’s oversold conditions, though most individual stocks closed lower. The Philippine Stocks Exchange index (PSEi) rose 11.09 points or 0.14% to 7,546.19, the first gain since trading resumed after the May […] The post Stocks mixed as PSEi rebounds from weeklong losses appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMay 4th, 2018

PSEi falls below 8,000

The local stock barometer tumbled on Friday ahead of a long weekend break as US-China trade jitters escalated. The main-share Philippine Stock Exchange index (PSEi) lost 76.5 points or 0.95 percent to close at 7,945.66. The index was weighed down most by the financial, industrial and property counters which all fell by over 1 percent. On the other hand, the services and mining/oil counters gained slightly. Total value turnover for the day amounted to P7.58 billion. Foreign investors were mostly sellers resulting in net outflows of P482.69 million. There were 130 decliners that overwhelmed 80 advancers while 40 stocks were unchanged. The PSEi was weighed down most b...Keep on reading: PSEi falls below 8,000.....»»

Category: newsSource:  inquirerRelated NewsApr 6th, 2018

PH stocks rebound, back to 8,000 level

  Philippine stocks rebounded with the rest of the region on Tuesday as worries over a trade war between the United States and China eased. The benchmark Philippine Stock Exchange Index (PSEi) rose 1.45 percent or 114.65 points to 8,047.03 yesterday after reports emerged on potential negotiations between the US and China. The broader all shares index was up 1.21 percent to 4,854.46. All subsectors ended in the green, with financials posting the biggest gain at 2.21 percent. It was followed by property, up 1.99 percent, services, up 0.93 percent, and industrial companies, up 0.92 percent. Still, trading was relatively thin as investors likely stayed away from takin...Keep on reading: PH stocks rebound, back to 8,000 level.....»»

Category: newsSource:  inquirerRelated NewsMar 28th, 2018

PHL stocks decline on US-China trade war fears

By Arra B. Francia, Reporter LOCAL EQUITIES edged lower on Monday due to lingering fears of a trade war between the United States and China. The bellwether Philippine Stock Exchange index (PSEi) gave up 0.48% or 38.42 points to close at 7,932.38 today. The broader all-shares index also dropped 0.57% or 27.49 points to 4,796.67. […] The post PHL stocks decline on US-China trade war fears appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsMar 26th, 2018

Stock rally continues in Asia; dollar declines

Japanese stocks extended a rally in global equities even as the yen rose to its strongest in 15 months, with trading muted due to holiday closures across Asia. The yield on 10-year Treasuries hovered near 2.9 percent and the dollar traded lower against all major currencies. Australian shares closed slightly lower, but with most major […] The post Stock rally continues in Asia; dollar declines appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsFeb 18th, 2018

Stocks inch up on thin trades

MANILA, Philippines — Share prices continued to trade within a tight range yesterday as investors opted to stay on the sidelines due to the absence of market.....»»

Category: financeSource:  philstarRelated NewsSep 11th, 2017