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Stocks index fails to sustain uptrend

MANILA, Philippines - Most companies chose to report their earnings yesterday, considered a lucky day for Chinese investors, but the day that was supposed to.....»»

Category: financeSource: philstar philstarAug 9th, 2017

Stocks to move within tight range after results

THE MAIN INDEX may continue to trade in a tight range this week as investors look at whether companies can sustain their growth momentum in the first quarter for the rest of the year. The Philippine Stock Exchange index (PSEi) dipped 0.28% or 21.84 points to 7,672.28 last Friday due to rising inflation woes alongside […] The post Stocks to move within tight range after results appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMay 20th, 2018

Index fails to hold up, ends below 8,000 anew

MANILA, Philippines — On the last trading day before the Holy Week break, the local stock market failed to hold up and sustain a short-lived recovery on Tues.....»»

Category: financeSource:  philstarRelated NewsMar 29th, 2018

Stocks end week in the red

Stocks closed the week in the red, as the lack of catalysts failed to sustain the market’s early day gains. The Philippine Stock Exchange index edged lower by 0.11% or 9.34 points to finish at 8,372.51 on Friday, while the all-shares index also dropped 0.25% or 12.69 points to 5,052.79. “Philippine markets still finished in […] The post Stocks end week in the red appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMar 9th, 2018

Philippine stocks end week in the red

By Arra B. Francia, Reporter LOCAL stocks closed the week in the red, as the lack of catalysts failed to sustain the market’s early day gains. The Philippine Stock Exchange index (PSEi) edged lower by 0.11% or 9.34 points to finish at 8,372.51 on Friday, while the all-shares index also dropped 0.25% or 12.69 points […] The post Philippine stocks end week in the red appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMar 9th, 2018

Analysts on banks’ stocks: Aggressive purchase and hold at current levels

By Carmina Angelica V. Olano THE GROWTH of banking stocks during the quarter accelerated, an uptrend which analysts attribute to lenders’ impressive corporate earnings. For this year, they also signaled an “overweight” on the sector, amid favorable interest rate environment and sustained strong economic fundamentals. The Philippine Stock Exchange index (PSEi) breached the 8,500 level […] The post Analysts on banks’ stocks: Aggressive purchase and hold at current levels appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsFeb 28th, 2018

Analysts on banks’ stocks: Aggressive purchase and hold at current levels (4th Quarter Banking Report 2017)

By Carmina Angelica V. Olano THE GROWTH of banking stocks during the quarter accelerated, an uptrend which analysts attribute to lenders’ impressive corporate earnings. For this year, they also signalled an “overweight” on the sector, amid favourable interest rate environment and sustained strong economic fundamentals. The Philippine Stock Exchange index (PSEi) breached the 8,500 level […] The post Analysts on banks’ stocks: Aggressive purchase and hold at current levels (4th Quarter Banking Report 2017) appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsFeb 28th, 2018

Stocks sustain momentum, mark fresh record territory

MANILA, Philippines — It was another festive day at the Philippine Stock Exchange yesterday as the main composite index soared to another record high......»»

Category: financeSource:  philstarRelated NewsSep 18th, 2017

Stock Market: Shares sustain climb on Asia, Wall Street's rise

STOCKS climbed further, lifting the main index back to the 7,800 level on Monday, as markets in Asia rose in line with Wall Street......»»

Category: financeSource:  bworldonlineRelated NewsMay 22nd, 2017

Stock Market: PSEi retreats after briefly touching 8,000 level

STOCKS slipped on Tuesday, taking a breather from three straight sessions of gains and failing to sustain the Philippine Stock Exchange index's (PSEi) rally past 8,000 level......»»

Category: financeSource:  bworldonlineRelated NewsMay 9th, 2017

Mining rebound fails to lift index

MANILA, Philippines - Investors took profits from the stock market yesterday but the mining stocks defied the trend following the decision of the Commission.....»»

Category: financeSource:  philstarRelated NewsMay 3rd, 2017

Index stays above 7,700

MANILA, Philippines -  Share prices managed to stay above the 7,700 level yesterday, mirroring the general uptrend in regional stocks, analysts said......»»

Category: financeSource:  philstarRelated NewsApr 26th, 2017

Stock Market: Stocks off to a weak start dragged by blue chips

THE local stock market failed to sustain the positive momentum seen at the end of last week as index heavyweights fell amid lingering uncertainties, analysts said......»»

Category: financeSource:  bworldonlineRelated NewsOct 17th, 2016

Stocks fall further on US-China trade tensions

LOCAL equities slumped further to the 7,200 level in early trade on worries over the escalating trade war between the US and China and ahead of the upcoming Monetary Board (MB) meeting of the Bangko Sentral ng Pilipinas (BSP) this week. At the midday break, the Philippine Stock Exchange index was down 128.20 points or [...] The post Stocks fall further on US-China trade tensions appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsJun 19th, 2018

Stocks fall on rate concerns ahead of BSP meeting

THE stock market fell 2.2 percent in early trading on Monday as investors sold off positions ahead of a possible interest rate adjustment when the Monetary Board, the policymaking body of the Bangko Sentral ng Pilipinas (BSP), meets later this week. The benchmark Philippine Stock Exchange index (PSEi) fell 168.12 points or 2.23 percent to pause at [...] The post Stocks fall on rate concerns ahead of BSP meeting appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsJun 18th, 2018

Tokyo stocks open higher on cheaper yen

Tokyo stocks opened higher on Friday helped by a cheaper yen against the dollar partly due to the European Central Bank’s policy decision and expectations for brisk US economic growth. The benchmark Nikkei 225 index edged up 0.56 percent or 127.39 points to 22,866.00 in early trade while the broader Topix index was up 0.49 […] The post Tokyo stocks open higher on cheaper yen appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsJun 15th, 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 slide as trade grap widens

Shares slumped on Friday, June 8, tracking the slower performance of regional markets alongside the widening trade gap reported for April. The bellwether Philippine Stock Exchange index fell back from the 7,800 level, dropping 0.80% or 62.57 points to finish at 7,740.74. The broader all shares index also went down 0.72% or 33.76 points to […] The post Stocks slide as trade grap widens appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsJun 8th, 2018

May inflation cited as PSEi gains 1.4%

Lower-than-expected inflation numbers and market gains elsewhere cheered investors on Tuesday with the bellwether Philippine Stock Exchange index gaining 1.40 percent or 106 points to end the day at 7,685.76. The wider All Shares rose by 1.06 percent or 49.11 points to close at 4,664.29. “Philippine stocks rallied, as the US counterparts did, as traders [...] The post May inflation cited as PSEi gains 1.4% appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsJun 5th, 2018

Stocks bounce back as May inflation below target

Market investors cheered the lower–than–expected inflation figure, sending the benchmark index back in positive territory, above the 7,600 mark......»»

Category: financeSource:  philstarRelated NewsJun 5th, 2018

Stocks extend recovery despite lingering global woes

The benchmark Philippine Stock Exchange index managed to recover yesterday despite lingering global uncertainties......»»

Category: financeSource:  philstarRelated NewsJun 2nd, 2018