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Stocks up for third day

SHARE prices advanced for a third straight session on Thursday, tracking a regional rebound said to have been spurred by an easing of investor concerns over the US-China trade war. The benchmark Philippine Stock Exchange index (PSEi) added 0.23 percent or 16.85 points to close at 7,350.58 while the wider All Shares inched up 0.16 percent or [...] The post Stocks up for third day appeared first on The Manila Times Online......»»

Category: newsSource: manilatimes_net manilatimes_netJul 12th, 2018

Late buying lifts stocks to green zone anew

The stock market managed to recover yesterday on late buying after languishing in the red on Monday......»»

Category: financeSource:  philstarRelated NewsJul 17th, 2018

Regional Woes pull down PH stocks

The local stock barometer started the week on a sluggish mode as regional markets were muted by concerns over China's economic growth. The Philippine Stock Exchange index (PSEi) shed 29.74 poi.....»»

Category: newsSource:  philippinetimesRelated NewsJul 17th, 2018

Stocks rise slightly; Metro Pacific up

Stocks rise slightly; Metro Pacific up Source link link: Stocks rise slightly; Metro Pacific up.....»»

Category: newsSource:  manilainformerRelated NewsJul 17th, 2018

Stocks retreat, end four-day rally

Stocks retreat, end four-day rally Source link link: Stocks retreat, end four-day rally.....»»

Category: newsSource:  manilainformerRelated NewsJul 16th, 2018

Profit-taking seen; consolidation expected

Local stocks are seen vulnerable to profit-taking this week as last week's bounce lacked conviction as indicated by the meager trading volume. The Philippine Stock Exchange index (PSEi) rose b.....»»

Category: newsSource:  philippinetimesRelated NewsJul 16th, 2018

Should the Catholic Church in the Philippines be taxed?

It is impossible to tell but what few Filipinos know is that there is a lot of money coming from Church contributions, stocks and equity holdings. Moreover there are still 23 friar lands in the Philippines......»»

Category: newsSource:  philstarRelated NewsJul 15th, 2018

PH stocks gain more ground

  The local stock barometer firmed up for the fourth straight session yesterday, flirting with the 7,400 mark in intra-day trade in line with mostly upbeat regional markets.   The main-share Philippine Stock Exchange index (PSEi) added 48.6 points or 0.66 percent to close at 7,399.18. The index hit as high as 7,405.42 in intra-day trade.   Across regional markets, stock markets were mostly higher as US-China trade war jitters have waned for now.   Investors took heart from upbeat trading on Wall Street overnight. The Dow Jones Industrial Average added 224.44 points or 0.91 percent.   Except for the services counter, all sub-indices ende...Keep on reading: PH stocks gain more ground.....»»

Category: newsSource:  inquirerRelated NewsJul 13th, 2018

Stocks extend win streak to 4 days

Share prices extended their winning streak to four days, ending the week on a positive note as strong corporate earnings for the second quarter start to pour in......»»

Category: financeSource:  philstarRelated NewsJul 13th, 2018

June hot money outflows accelerate as bears dominate stocks

Foreign capital lodged in short-term investments flowed out of the Philippines for a second consecutive month in June--a phenomenon attributed by the Bangko Sentral ng Pilipinas to rising returns o.....»»

Category: newsSource:  philippinetimesRelated NewsJul 13th, 2018

PH rice stocks down in June

DESPITE recent rice imports aimed at boosting domestic stocks, the country’s total rice inventory stood at 2.36 million metric tons (MMT) in June, lower than the volume recorded a year ago and in May, the Philippine Statistics Authority (PSA) said. In its latest “Rice and Corn Stocks Inventory” report, the state-run statistics agency said the [...] The post PH rice stocks down in June appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsJul 12th, 2018

Stocks up for third day

SHARE prices advanced for a third straight session on Thursday, tracking a regional rebound said to have been spurred by an easing of investor concerns over the US-China trade war. The benchmark Philippine Stock Exchange index (PSEi) added 0.23 percent or 16.85 points to close at 7,350.58 while the wider All Shares inched up 0.16 percent or [...] The post Stocks up for third day appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsJul 12th, 2018

PSEi keeps pace with optimistic Asian neighbors, marking 3rd day of rally

The local stock barometer gained for the third straight session yesterday, tracking mostly firmer regional markets. The main-share Philippine Stock Exchange index (PSEi) added 16.85 points or 0.23 percent to close at 7,350.58. The index was boosted by gains eked out by the financial, industrial, holding firm and services counters. On the other hand, the mining/oil and property counters slipped. Value turnover was still thin at P5.53 billion. There were 106 decliners that edged out 84 advancers, while 46 stocks were unchanged. The PSEi was led higher by Megaworld, which gained 4.03 percent. GT Capital added 3.82 percent while Metrobank, the day's most actively traded ...Keep on reading: PSEi keeps pace with optimistic Asian neighbors, marking 3rd day of rally.....»»

Category: newsSource:  inquirerRelated NewsJul 12th, 2018

June ‘hot money’ outflows accelerate as bears dominate stocks

Foreign capital lodged in short-term investments flowed out of the Philippines for a second consecutive month in June---a phenomenon attributed by the Bangko Sentral ng Pilipinas to rising returns overseas and investors' worries about high domestic inflation and the weakening currency. In a statement, the central bank said $516 million worth of registered foreign portfolio investments left the country last month, reversing the $73 million in net inflows reported during the same period last year. The June net outflows were also more than double the amount recorded in May of $206 million. "This may be attributed to the US Federal Reserve's decision to increase interest rates and i...Keep on reading: June ‘hot money’ outflows accelerate as bears dominate stocks.....»»

Category: newsSource:  inquirerRelated NewsJul 12th, 2018

NFA mulls additional rice imports

State-run National Food Authority is considering importing another 500,000 metric tons of rice due to the depletion of the agency’s stocks......»»

Category: financeSource:  philstarRelated NewsJul 12th, 2018

Blue chips push stocks to 3rd straight gain

The Philippine Stock Exchange index extended its winning streak to three days amid firmer regional markets and as investors continued to pick large-cap listed companies......»»

Category: financeSource:  philstarRelated NewsJul 12th, 2018

US stocks decline as oil tumbles, dollar rallies

US stocks fell as crude plunged the most in two years and the dollar spiked higher amid renewed tensions over trade and geopolitics. The S&P 500 dropped the most in two weeks, as energy and material producers tumbled at least 2 percent on renewed angst that the Trump administration’s trade stance will damp demand for […].....»»

Category: financeSource:  bworldonlineRelated NewsJul 11th, 2018

Trade war standoff, US rally pull up stocks

The stock market bucked the regional downtrend, soaring 100.44 points, or 1.38 percent, as concerns over the full-blown trade war between the US and China start to ease......»»

Category: financeSource:  philstarRelated NewsJul 11th, 2018

Stocks shrug off US-China trade war

Share prices gained yesterday despite rising concerns over the full-blown trade war between the US and China......»»

Category: financeSource:  philstarRelated NewsJul 11th, 2018

PHL stocks climb as trade war fears overseas ease

LOCAL EQUITIES climbed on Tuesday, tracking the positive finishes of its global counterparts......»»

Category: newsSource:  bworldonlineRelated NewsJul 10th, 2018

Global stocks rally despite uncertainties

LONDON: A global stocks rally took root Monday after strong US jobs data, and despite Brexit uncertainty that boosted the pound. Asian and European equities were spurred higher, extending pre-weekend gains, as Friday’s solid jobs report reinforced confidence in the US economy and helped soothe trade war nerves. “European stock markets are higher after a [...] The post Global stocks rally despite uncertainties appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsJul 9th, 2018