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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

High rice prices to persist until September – DA

Despite sufficient rice stocks in the first half of the year, elevated rice prices may persist until September due to high international prices caused by the El Niño phenomenon, according to the Department of Agriculture......»»

Category: newsSource:  philstarRelated NewsFeb 8th, 2024

Stocks cheer slower inflation results for January

The stock market continued its ascent yesterday after domestic inflation was reported to have slowed down in January......»»

Category: financeSource:  philstarRelated NewsFeb 7th, 2024

Stocks climb ahead of January inflation

The stock market started the week on a positive note as the main index stayed above the 6,700 level ahead of today’s January inflation report......»»

Category: financeSource:  philstarRelated NewsFeb 5th, 2024

Stock market update: S& P 500 reaches all-time high following strong jobs report and impressive tech earnings.

Stocks closed the week on a positive note as the U.S. job market showed robust growth and tech companies delivered impressive earnings. The S&P 500.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 3rd, 2024

Fed Chief Powells Remarks on March Rate Cut Unlikely to Cause Stock Tumble: The Daily Guardians Guide to Navigating the Market

Title: Market Rebounds After Fed Chief’s Comments, Tech Stocks Experience Declines Subtitle: Investors Advised to Be Cautious Amidst Volatility Date: [Insert Date] Author: [Your Name].....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 2nd, 2024

PSEi tumbles as Fed quashes rate cut hopes

Local stocks retreated yesterday as investors took cues from Wall Street’s overnight performance......»»

Category: financeSource:  philstarRelated NewsFeb 2nd, 2024

Xinhua world economic news summary at 0900 GMT, Jan. 31

TOKYO -- Tokyo stocks closed higher on Wednesday, as investors took an optimistic attitude for the domestic earnings season over positive results reported by Japanese firms. Japan's benchmark Nikkei stock index, the 225-issue Nikkei Stock Average ended up 220.85 points, or 0.61 percent, from Tuesday to close the day at 36,286.71. The broader Topix index, meanwhile, finished 24.17 points, or 0.96 percent,.....»»

Category: sportsSource:  abscbnRelated NewsFeb 1st, 2024

Stocks slip on profit-taking

The stock market fell for a second consecutive session yesterday as investors stayed mostly on the sidelines ahead of the release of the country’s gross domestic product......»»

Category: financeSource:  philstarRelated NewsJan 30th, 2024

US leads bull market

Last week saw a significant surge in US stocks, with record highs attained across major indices......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024

Rice stocks down 25 percent in December – PSA

The country’s rice inventory posted a 25.2 percent decline in December, according to data from the Philippine Statistics Authority......»»

Category: newsSource:  philstarRelated NewsJan 22nd, 2024

Sandigan junks forfeiture vs Marcos crony-owned telco

The Sandiganbayan has dismissed a forfeiture case against several alleged cronies of the late dictator Ferdinand Marcos Sr. and his widow, former first lady Imelda Marcos, seeking to recover in favor of the government shares of stocks in Eastern Telecommunications Philippines Inc., allegedly illegally acquired during martial law......»»

Category: newsSource:  philstarRelated NewsJan 12th, 2024

As a new investor, how should I pick stocks to invest in?

For 99% of people who ask this question, the best answer would probably be: “You don’t.” But that’s a very unsatisfying response to give someone who has come to the market with big eyes and bigger dreams, and it’s the kind of response that starts out true but could (at some point) cease being true and constructive as the investor gains understanding and skills......»»

Category: financeSource:  philstarRelated NewsJan 11th, 2024