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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

Index recovers as investors return to hunt for bargains

The benchmark Philippine Stock Exchange index recovered yesterday as market investors finally decided to hunt for cheap stocks......»»

Category: financeSource:  philstarRelated News7 hr. 47 min. ago

Stocks fall to 4-week low ahead of BSP rate meeting

The stock market went on a tailspin again yesterday, with the index falling back to the 6,800 level not seen since Oct. 11, as investors remained cautious ahead of the policy meeting of the Bangko Sentral ng Pilipinas (BSP) on Thursday......»»

Category: financeSource:  philstarRelated NewsNov 13th, 2018

Saudi to cut output, oil prices advance

Oil prices advanced Monday after crude kingpin Saudi Arabia announced plans to cut output in the face of global oversupplies and demanded that other producers followed suit. Higher crude lifted shares across the commodities sector, helping London’s FTSE 100 index featuring the likes of BP and Shell, to rise slightly overall. Tobacco stocks however slumped, […].....»»

Category: newsSource:  tribuneRelated NewsNov 12th, 2018

Stocks weaken anew as negative bias persists

The benchmark Philippine Stock Exchange index (PSEi) weakened by the end of trading yesterday, retreating by 42.62 points, or 0.61 percent to close at 6,926.20......»»

Category: financeSource:  philstarRelated NewsNov 12th, 2018

Local stocks tumble amid Wall Street crash

Share prices suffered heavily yesterday with the Philippine Stock Exchange index spiralling down below the 7,000 mark again......»»

Category: financeSource:  philstarRelated NewsOct 25th, 2018

Stocks reverse course, finish mostly lower

The stock market returned to negative zone yesterday. The benchmark Philippine Stocks Exchange index (PSEi) ended lower again, finishing at 7,197.62, down 38.54 points or 0.53 percent......»»

Category: financeSource:  philstarRelated NewsOct 23rd, 2018

Stocks end nearly flat on lack of market catalysts

The Philippine Stock Exchange index (PSEi) closed flat yesterday as investors continued to wait for market-moving catalysts......»»

Category: financeSource:  philstarRelated NewsOct 19th, 2018

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:  philippinetimesRelated NewsOct 19th, 2018