Advertisements


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 likely to trade sideways

The index may trade sideways this week as investors sit on the sidelines awaiting the decision of the Bangko Sentral ng Pilipinas (BSP) on interest rates, traders said......»»

Category: financeSource:  philstarRelated NewsSep 24th, 2018

Stocks seen sideways ahead of BSP, Fed reviews

THE MAIN INDEX will likely trade sideways in the week ahead as investors anticipate the Bangko Sentral ng Pilipinas’ (BSP) action on interest rates on Thursday. The post Stocks seen sideways ahead of BSP, Fed reviews appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsSep 23rd, 2018

Peso Stays Afloat, Local Stocks Down on Trade War Jitters

Trade war concerns along with fears of a further rise in domestic inflation due to Typhoon Ompong’s (Mangkhut) devastation increased risk-off sentiment resulting to another slide of the Philippines main equities gauge but the peso improved in line with its regional peers. The Philippine Stock Exchange index (PSEi) ended the day on the red at […].....»»

Category: newsSource:  metrocebuRelated NewsSep 19th, 2018

AVC Asian Cup: PH fails to sustain strong start, falls to Australia in 5 sets

Team Philippines came off the gates with fire in its eyes, but unfortunately lost steam only after the second set to yield to AustraliaSundaynight in the opener of the AVC Asian Cup women's championship in Nakhon Ratchasima, Thailand. With Alyssa Valdez and Aby Marano at the helm, the Filipinas played at full speed and power to stun the Australians in the first two frames but failed to adjustments when the taller, stronger enemy made its move en route to a 21-25, 21-25, 26-24, 25-16, 15-10 come-from-behind triumph. The Philippines, ranked 79th in the world, shocked the world No. 42 with off-tangent shots coming from different directions to put the Australian defense in disarray. Qui...Keep on reading: AVC Asian Cup: PH fails to sustain strong start, falls to Australia in 5 sets.....»»

Category: newsSource:  inquirerRelated NewsSep 16th, 2018

PH shares rebound, snap losing streak

The local stock barometer firmed up past the 7,500 level on selective buying of large-cap stocks on Thursday, tracking a rebound across regional markets.   The main-share Philippine Stock Exchange index (PSEi) recouped 68.17 points, or 0.92 percent, to close at 7,517.37 as investors cheered the US' proposal to hold another round of trade talks with China.   After breaking through the 7,460-7,500 support area alongside the peso depreciation on Wednesday, local stock brokerage Papa Securities said all wasn't lost for the PSEi as US markets were "finding optimism once again in anticipation of another possible round of trade talks."   All counters ended highe...Keep on reading: PH shares rebound, snap losing streak.....»»

Category: newsSource:  inquirerRelated NewsSep 14th, 2018

Stocks bounce back on late buying spree

The local stock market finally ended its six-day losing streak yesterday, with the benchmark Philippine Stock Exchange index finally regaining strength......»»

Category: financeSource:  philstarRelated NewsSep 13th, 2018

Index falls for 6th day, ends below 7,500

The stock market was down again yesterday, with the benchmark Philippine Stock Exchange index falling below the 7,500 mark as renewed fears of a trade war spilled over Asian stocks......»»

Category: financeSource:  philstarRelated NewsSep 12th, 2018

Local stocks continue to weaken

The local stock barometer slid on Tuesday as investors awaited a "surprise" national address scheduled by President Duterte.   The main-share Philippine Stock Exchange index (PSEi) shed 78.14 points or 1.03 percent to close at 7,518.01 as foreign funds continued to exit the market. In intraday trade, the index fell to as low as 7,492.40.   "Some investors are going on bargain-hunting as there will always be markets and companies that will do better than others amid the ongoing US-China trade war and rising inflation environment," BDO Unibank chief strategist Jonathan Ravelas said.   Ravelas said the local market could bounce from the 7,500 support level, ...Keep on reading: Local stocks continue to weaken.....»»

Category: newsSource:  inquirerRelated NewsSep 12th, 2018