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Stocks retreat as investors stay on sidelines

Share prices retreated yesterday as investors opted to stay on the sidelines with trading shortened to three sessions this Holy Week......»»

Category: financeSource:  philstarRelated NewsMar 25th, 2024

Thin volume seen on short trading week

Local stocks are expected to move sideways this week with only three trading days due to the Holy Week break......»»

Category: financeSource:  philstarRelated NewsMar 24th, 2024

Stocks up, peso breaches 56:$1

The stock market posted slight gains yesterday as it tracked upswing in US markets, while the peso weakened and breached the 56 to $1 barrier......»»

Category: financeSource:  philstarRelated NewsMar 20th, 2024

Sharon Cuneta has a warning about stock market investing 

When investing in stocks, Cuneta has several pointers based on her experience......»»

Category: entertainmentSource:  philstarRelated NewsMar 20th, 2024

PSEi falls, mirrors US equities

Local stocks plunged to close the week in the red as they mirror negative sentiment in US equities......»»

Category: newsSource:  philstarRelated NewsMar 15th, 2024

Index attempts to break past 7,000 anew

Local stocks will likely seek direction from the US markets this week in a bid to break past the 7,000 threshold anew......»»

Category: financeSource:  philstarRelated NewsMar 11th, 2024

Stocks snap losing streak

Investors yesterday ended the week pushing the market back in the win column, as they finished pricing in the impact of the inflation uptick in February and a number of corporate results......»»

Category: financeSource:  philstarRelated NewsMar 8th, 2024

Stocks retreat on hawkish Fed, BSP rate signals

Stock investors were turned off yesterday by policy signals from monetary authorities here and abroad, dragging the local market to a third straight day of decline......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2024

Stocks pull back on inflation impact

Investors yesterday pulled the market back closer to the 6,900 territory, pricing in the impact of inflation landing on the higher end of the target band......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

Market steps closer to 7,000 level

Investors yesterday pushed the benchmark index to within the 7,000 territory, as they opened the week making bets on local stocks ahead of the reporting February inflation......»»

Category: newsSource:  philstarRelated NewsMar 5th, 2024

Ombudsman suspends NFA execs amid cheap rice sale probe

Agriculture Secretary Francisco Laurel said that the Department of Agriculture has implemented the Ombudsman's preventive suspension order for the officials allegedly involved in the “improper” sale of rice buffer stocks......»»

Category: newsSource:  philstarRelated NewsMar 4th, 2024

No sugar MAV this year – SRA

The government did not allow the importation of sugar at a lower tariff rate in the current minimum access volume (MAV) year since the country has ample stocks to meet domestic consumption, the Sugar Regulatory Administration said......»»

Category: financeSource:  philstarRelated NewsMar 4th, 2024

Market ends week in negative territory

Local stocks fell yesterday to close the week in the red as investors decided to take profits at the last minute......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

NFA defends sale of cheap rice; farmers slam ‘mafia’

The National Food Authority yesterday defended the sale of rice to some traders, saying the NFA is allowed to dispose of aging stocks amid the alleged anomalous sale of rice to traders......»»

Category: newsSource:  philstarRelated NewsFeb 28th, 2024

‘Pork prices to go up as DA limits imports’

Limiting imports under lower tariff rate could drive pork prices higher as micro, small and medium enterprises would lose access to “cheaper” imported stocks, meat importers warned yesterday......»»

Category: financeSource:  philstarRelated NewsFeb 26th, 2024

Selling pressures drag local stocks down

The Philippine Stock Exchange index fell below the 6,900 level, slipping by 0.31 percent or 21.72 points to end at 6,891.49 amid selling pressures at the start of the trading week......»»

Category: financeSource:  philstarRelated NewsFeb 26th, 2024

Stocks to test 7,000 resistance

The stock market looks to sustain its momentum and advance to the 7,000 level this week, with investors keeping an eye on more corporate earnings results and positive cues abroad to fend off selling pressures......»»

Category: financeSource:  philstarRelated NewsFeb 25th, 2024

Stocks bounce back as market cheers higher FDI inflow

The stock market bounced back yesterday as investors cheered the country’s November net inflow of foreign direct investments......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

ChatGPT – Year of the Dragon

The bull market in stocks was driven by the enthusiasm over artificial intelligence and the myriads of possibilities that it offers. Considering this and the upcoming Chinese New Year, we thought it was appropriate to ask ChatGPT, OpenAI’s chat bot, about its forecasts for the year of the dragon......»»

Category: financeSource:  philstarRelated NewsFeb 12th, 2024

Rice inventory up 10 percent in January

The country’s total rice inventory at the start of the year rose by almost 10 percent to over two million metric tons on the back of higher stocks in commercial entities......»»

Category: financeSource:  philstarRelated NewsFeb 10th, 2024