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Index rallies on strong reg’l markets

The benchmark Philippine Stock Exchange index snapped out of Monday’s jitters, rallying by 102.54 points to finish at 6,207.72, while the broader All Shares index gained by 48.31 points or 1.34 percent to finish at 3,645.17......»»

Category: financeSource: philstar philstarJun 30th, 2020

Stock Market: PSEi recovers as Wall St. rallies on strong US data

THE MAIN INDEX posted gains on Tuesday, tracking the rise of US markets driven by the release of the data from the world's largest economy showing acceleration in their services sector......»»

Category: financeSource:  bworldonlineRelated NewsDec 6th, 2016

Tokyo s Nikkei hits three-month high on US rallies

Tokyo's benchmark Nikkei index hit a three-month high on Wednesday as investors took heart from a strong showing on Wall Street and steady gains on Chinese shares......»»

Category: financeSource:  thestandardRelated NewsJun 3rd, 2020

Plunging projections

Stock markets around the world staged strong rallies early last week, giving the impression that the fight against the global coronavirus pandemic was being won. While the rebound faltered by midweek, it showed how investors were hungry for positive developments, their decisions swayed by even the smallest signs of hope in the global war against […] The post Plunging projections appeared first on Cebu Daily News......»»

Category: newsSource:  inquirerRelated NewsApr 13th, 2020

Stocks break past 8,000 as trade tensions ease

The Philippine Stock Exchange index (PSEi) opened the week on a strong note, breaking past the 8,000 mark, as it tracked foreign markets which showed some optimism on easing global trade tensions......»»

Category: financeSource:  philstarRelated NewsJun 11th, 2019

Index rises on last-minute bargain hunting

The benchmark Philippine Stock Exchange index (PSEi) opened the week on a strong note after the market saw some last-minute bargain hunting......»»

Category: financeSource:  philstarRelated NewsJun 23rd, 2020

The end of the strong US dollar?

After many years of uninterrupted strength, the strong US dollar may finally be over. The dollar index is down 5.8 percent......»»

Category: financeSource:  philstarRelated NewsJun 7th, 2020

WHAT IF… Bea De Leon missed the rest of Season 77?

Ateneo de Manila University achieved perfection in UAAP Season 77 after the Lady Eagles swept their way to a second straight women’s volleyball title. Stacked with powerful hitters in Alyssa Valdez, Michelle Morente, Ella de Jesus and Jho Maraguinot, Ateneo’s offense was unstoppable. The Katipunan-based squad also had prized setter Jia Morado and libero Denden Lazaro with veteran middle Amy Ahomiro. But another vital cog that made Ateneo a super team that year was the presence of rookie middle Bea De Leon. The former Poveda standout earned a starting spot in the Tai Bundit-mentored team, which the year before completed a Cinderella story with a championship.    De Leon proved her worth and even had a strong case for the coveted Rookie of the Year award. She was having a splendid season until she was forced to miss three games after suffering a finger injury during practice with Ateneo already in a 10-game romp. De Leon chose to just have her left index finger stitched and have therapy than go under the knife. She returned just in time for the pivotal end of the elimination round match against archrival De La Salle University. Getting the green light to play on the eve of the game, De Leon was surprised as she was included in the starting line-up and she did not disappoint.       De Leon, who risked aggravating her heavily bandaged finger, scored 11 points including three kill blocks in the Lady Eagles’ 25-20, 21-25, 25-23, 27-25, victory that sent Ateneo straight to the Finals with a thrice-to-beat advantage. From there, Ateneo made history. But what if De Leon underwent surgery? One thing is for sure, De Leon would be out of commission for an extended period if not for the remainder of the season. Without her, Ateneo would surely be in a precarious situation in that decisive end of the elims match against the Lady Spikers. Taking down DLSU won’t be easy for the Lady Eagles to begin with. In their first meeting, Ateneo had to come back from a set down to outlast DLSU in a five sets match. Without De Leon, Coach Tai would be forced to put in either veteran but seldom-used Aeriel Patnongon or another rookie Maddie Madayag to help Ahomiro. Both rode the bench in the first Ateneo-DLSU encounter. DLSU, which was coming off a six-game win run, would be in a favorable position to exploit its height advantage and would’ve had an open sky for the Lady Spikers’ hitters.    And if DLSU won that game against an Ateneo squad missing its starting middle, that would put the semifinals in the usual Final Four format. The Lady Eagles will still have a twice-to-beat advantage and would still overpower Far Eastern University. As for DLSU, coming off a win over Ateneo, the Lady Spikers would be in high spirits against National University. The twice-to-beat Lady Spikers might not need to go to a do-or-die decider against the Lady Bulldogs. Probably, DLSU would have been spared of losing its best scorer Ara Galang from a harrowing knee injury. Of course, the Finals would’ve been a different story. Ateneo will be missing De Leon’s Finals average of eight points per game and a vital piece both on offense and defense.       But then again, the Lady Eagles still had its ace Valdez and their reliable wings to take care of the scoring as well as the steady Ahomiro. We can never know what the outcome of that Finals series would have been if De Leon missed the rest of the season. But we can surely say that De Leon’s return from that finger injury proved to be a decisive moment in the Lady Eagles' historic perfect season.     --- Follow this writer on Twitter, @fromtheriles.....»»

Category: sportsSource:  abscbnRelated NewsMay 27th, 2020

Stocks down on fears over second wave as lockdowns ease

Fears of a second wave of coronavirus infections in some parts of the world weighed on equities Tuesday, bringing a dose of hard reality to markets after weeks of rallies fuelled by the easing of lockdown measures and hopes for economic recovery. .....»»

Category: financeSource:  thestandardRelated NewsMay 12th, 2020

Bridging network gap in a time of crisis

Data from LinkedIn Opportunity Index 2020 revealed that the majority of Filipinos believe that having strong connections is important to get ahead in life.....»»

Category: techSource:  thestandardRelated NewsApr 29th, 2020

PSEi posts slight gain as market cheers improvement in oil prices

The local stock barometer firmed up for the first time this week on Thursday as global markets welcomed a nascent recovery in global oil prices. The main-share Philippine Stock Exchange index (PSEi) added 25.8 points or 0.46 percent to close at 5,599.55. AAA Equities head of research Christopher Mangun said investors found relief in the […] The post PSEi posts slight gain as market cheers improvement in oil prices appeared first on Cebu Daily News......»»

Category: newsSource:  inquirerRelated NewsApr 24th, 2020

U.S. calls on ASEAN to close markets selling illegal wildlife

MANILA, Philippines – The United States (US) government urged Southeast Asian countries to shut down wet markets that sell illegal wildlife as the world grapples with the  coronavirus pandemic believed to have originated at a wildlife market in China.  "Given the strong link between illegal wildlife sold ........»»

Category: newsSource:  rapplerRelated NewsApr 23rd, 2020

Stock market rallies on stimulus program

The stock market opened the week on a strong note yesterday on optimism over the monetary and fiscal stimulus program to stem the economic impact of the coronavirus pandemic......»»

Category: newsSource:  philstarRelated NewsApr 13th, 2020

Nikkei opens higher on massive US stimulus

TOKYO (AFP) — The key Nikkei index opened higher on Friday, extending rallies on Wall Street after the US Federal Reserve unveiled massive new stimulus. The Nikkei 225 index was up 0.50 percent, or 96.92 points, at 19,442.69 in early trade, while the broader Topix index slipped 0.23 percent, or 3.22 points, to 1,413.76. “Japanese […] The post Nikkei opens higher on massive US stimulus appeared first on Daily Tribune......»»

Category: newsSource:  tribuneRelated NewsApr 10th, 2020

Oil rallies as deal takes shape before key meeting

Oil prices extended gains Thursday after Russia signalled it was ready to cut output before a key producers' meeting aimed at boosting energy markets as the coronavirus pandemic strangles demand......»»

Category: financeSource:  thestandardRelated NewsApr 9th, 2020

Index soars by 224 points

The stock market soared by more than 200 points yesterday, opening the week on a strong note......»»

Category: financeSource:  philstarRelated NewsApr 6th, 2020

Shoprite jumps 13% as JSE shows signs of life after crash

After the worst crash on Wall Street since 1987, markets moved higher on Tuesday.By lunchtime on Tuesday, the JSE's all-share index was up 1.4% to 41 058 points. It lost 8.3% on Monday, whil.....»»

Category: newsSource:  philippinetimesRelated NewsMar 18th, 2020

Shoprite jumps 13% as JSE shows signs of life after crash

After the worst crash on Wall Street since 1987, markets moved higher on Tuesday.By lunchtime on Tuesday, the JSE's all-share index was up 1.4% to 41 058 points. It lost 8.3% on Monday, whil.....»»

Category: newsSource:  manilanewsRelated NewsMar 17th, 2020

Wall Street, Treasury bond sink after Fed rate cut

Wall Street stocks fell further Tuesday afternoon as markets reacted skeptically to the Federal Reserve’s surprise interest rate cuts to boost the US economy. The benchmark Dow Jones Industrial Average stood at 25,837.44, down 3.2 percent or 865 points. The broad-based S&P 500 shed 3.1 percent to 2,993.84, while the tech-rich Nasdaq Composite Index slid […] The post Wall Street, Treasury bond sink after Fed rate cut appeared first on Daily Tribune......»»

Category: newsSource:  tribuneRelated NewsMar 3rd, 2020

Stocks may enter bear territory

Share prices are expected to continue their decline this week, with the strong possibility that the benchmark index may enter the bear market territory amid the worsening COVID-19 contagion......»»

Category: financeSource:  thestandardRelated NewsMar 1st, 2020

PH Stocks, Peso Weaken Still Due to Covid-19

Philippine stocks ended the week in negative territory and the peso weakened still due to concerns over the continued rise of coronavirus disease 2019 (Covid-19) cases around the globe. The Philippine Stock Exchange index (PSEi) slipped further to 6,787.91 points, down 2.58 percent or 179.93 points. “Local and international markets did not find any relief […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 29th, 2020