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Main index inches up on last-minute buying

Share prices traded mostly lower yesterday, but the main index managed to pare losses on last-minute buying in large cap stocks, aiding a return to positive territory at the close......»»

Category: financeSource: philstar philstarFeb 24th, 2021

Index returns to 7,000 level

Last-minute buying propped up the stock market yesterday, enabling the index to bounce back to the 7,000 level on news government is considering to ease quarantine restrictions nationwide......»»

Category: financeSource:  philstarRelated NewsFeb 16th, 2021

Index climbs on strong property sector

The benchmark Philippine Stock Exchange index, the stock market gauge, climbed yesterday on last minute buying, gaining 61.95 points to close at 6,150.70......»»

Category: financeSource:  philstarRelated NewsJul 20th, 2020

Last minute buying lifts stocks ahead of GDP data

Last minute bargain hunting lifted the stock market index yesterday, rising by 2.08 points, or 0.02 percent, to close at 7,468.73......»»

Category: financeSource:  philstarRelated NewsJan 22nd, 2020

PSEi maintains grasp on 8,000-point level

Investors buying in the last minute of trading lifted the local bourse to the 8,000-point mark on Tuesday. The benchmark Philippine Stock Exchange index (PSEi) inched up by 0.04 percent or 2.96 points to close at 8,012.34 while the wider All Shares shed 0.01 percent or 0.66 points to finish at 4,788.62. PSEi in the […].....»»

Category: newsSource:  manilatimes_netRelated NewsNov 12th, 2019

Hello, World Cup: A record field set for FIBA s main event

By Tim Reynolds, Associated Press SHANGHAI (AP) — The biggest basketball World Cup is about to begin. Many of the world’s top players — and a couple of the world’s top national teams — are not in China for the FIBA World Cup, a 32-team extravaganza that begins Saturday. At stake over the next 16 days: The world championship, along with seven of the 11 remaining available berths in next summer’s Tokyo Olympics. And several teams figure they can be the one to thwart the United States’ bid for an unprecedented third straight crown. “We’re here to go for gold,” said Sasha Djordjevic, the coach of Serbia — a team that some consider the tournament’s gold-medal favorite. “Every game that we play will be the biggest game for us.” The first eight games of the tournament are Saturday, and things will move quite rapidly. The eight-game-a-day pace continues through Sept. 9, with quarterfinal games on Sept. 10 and 11, semifinals on Sept. 13 with the event capped by the gold- and bronze-medal games in Beijing on Sept. 15. All told, 92 games will be played in eight cities. “We have nothing to lose,” said Japan guard Yuta Watanabe, whose team will face the U.S. in the group stage. FIBA changed much about the tournament for this edition. The event was moved back a year; the last World Cup was in 2014, and it was bumped to 2019 this time around to avoid going against the FIFA World Cup for men’s soccer in the same years. The field was expanded from 24 to 32 and qualifying rules were vastly altered largely to keep NBA and other pro-league players from helping their countries reach the event. For some nations, that became a huge problem. European champion Slovenia, the world’s seventh-ranked team, is not in the World Cup. Same goes for world No. 9-ranked Croatia, which lost eight of its 12 qualifying games. Yet for other nations, the changes sparked opportunity — Nigeria, Venezuela, Italy and Japan all qualified for the first time since 2006, and Poland made the field for the first time since 1967. “The World Cup is an unbelievable competition,” said Canada coach Nick Nurse, who doubles as coach of the NBA champion Toronto Raptors. “Great teams and coaches and scouting and work and preparation that will make anyone better for going through that. So I’m extremely honored and excited and humbled to be here.” Most of the top Americans aren’t in the World Cup, a few because of injuries, other candidates cited schedule concerns. Of the 35 leading scorers from this past NBA season who would have been eligible to play for the U.S. team, only two — Kemba Walker of the Boston Celtics and Donovan Mitchell of the Utah Jazz — are wearing the red, white and blue in China. “I’m more concerned with who is here than who isn’t,” U.S. coach Gregg Popovich said. For the international teams, though, there’s minimal concern about big-name absences. Greece is led by NBA MVP Giannis Antetokounmpo of the Milwaukee Bucks, Serbia is led by All-NBA center Nikola Jokic of the Denver Nuggets and France features third-team All-NBA center Rudy Gobert. And the host Chinese are hoping to make a splash as well. “It’s a rare opportunity for all of us,” former NBA player Yi Jianlian, now the Chinese captain, said in Beijing earlier this week. “You can feel the special duty when you see the national flag on your chest.” Some other things to know as the World Cup begins: FORMAT Teams were drawn into eight groups of four for the opening round, with the two top teams from each group making the round of 16 and the others going into classification games to determine 17th through 32nd place. Games are four 10-minute quarters, so regulation is eight minutes shorter than an NBA game. The 3-point line is a bit closer than in the NBA, especially from the top of the arc — that’s 22 feet, 2 inches in FIBA play, or 19 inches closer than the NBA stripe. The top two teams from the Americas, top two from Europe and top regional finisher form Asia, Africa and Oceania will clinch spots to join Japan in the 2020 Olympics; the last four spots in the 12-team field for the Tokyo Games will come down to qualifying next July. BEST GROUP The so-called “group of death” would be Group H, with Australia (which just beat the U.S. in a friendly to snap a 78-game winning streak by the Americans), Lithuania and Canada. All three of those teams are likely good enough to advance, yet only two will get to the round of 16 with a shot at the quarterfinals. Senegal rounds out that group. U.S. RECORD The Americans have won 19 consecutive World Cup (formerly known as the world championship) games, and are 14-0 in games in China when using a roster composed of NBA players (8-0 in the 2008 Olympics and 6-0 in other games there in 2006 and 2008). Mason Plumlee is the only player on this year’s U.S. World Cup team that was on the gold-medal-winning roster at this event in 2014. REFRESHER COURSE Seven of the eight quarterfinalists from the 2014 World Cup are in this year’s field. The U.S. beat Lithuania and Serbia beat France in the semifinals, and the Americans rolled to a 129-92 win in the gold-medal game behind 26 points from Kyrie Irving. France rallied in the fourth quarter to beat Lithuania for bronze 95-93. GLOBAL GAME FIBA, basketball’s global organizing body, says the tournament will be televised in at least 176 countries and territories......»»

Category: sportsSource:  abscbnRelated NewsAug 31st, 2019

PSEi recovers on last-minute buying

Last-minute buying lifted the stock market to recover on Monday after ending in the loss for two consecutive trading days. The bellwether Philippine Stock Exchange index (PSEi) climbed by 1.83…READ.....»»

Category: newsSource:  manilatimes_netRelated NewsAug 19th, 2019

Index holds above 8,000 even as traders cash out

The share prices tumbled yesterday as market investors took profits at the last minute, sending the main composite index down by 12.67 points, or 0.15 percent, to 8,141.82......»»

Category: financeSource:  philstarRelated NewsJul 13th, 2019

Late buying spree props up stocks

The benchmark Philippine Stock Exchange index finished higher yesterday, buoyed by some last minute buying......»»

Category: financeSource:  philstarRelated NewsJul 10th, 2019

Last-minute buying keeps bourse up

THE stock market rose for a fourth straight day on Friday as investors bought up at the last minute. The benchmark Philippine Stock Exchange index (PSEi) recovered from intra-day losses,…READ The post Last-minute buying keeps bourse up appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsJun 22nd, 2019

Extended foreign buying propels PSEi closer to 8,000 as May ends

LOCAL EQUITIES ended the month up for the fourth straight trading day and marked the second weekly climb, buoyed by foreign buying that pushed the main index closer to the 8,000 mark last seen on May 2......»»

Category: financeSource:  bworldonlineRelated NewsMay 31st, 2019

Index surges on last-minute bargain hunting

MANILA, Philippines – As the year comes to a close, investors scrambled for some last-minute bargain hunting, pushing up the main composite index back to the.....»»

Category: financeSource:  philstarRelated NewsDec 28th, 2016

Last-minute buying props up index

MANILA, Philippines - Shares prices managed to make a last-minute rebound after a volatile session yesterday, analysts said......»»

Category: financeSource:  philstarRelated NewsDec 2nd, 2016

Index stays in the red on last-minute selling

Stocks continued on a downtrend yesterday as investors remained cautious, opting to take profits from the market’s recent runup......»»

Category: financeSource:  philstarRelated NewsFeb 15th, 2021

PSEi takes cue from foreign markets, ends week higher

Local stocks took their cue from the bullish markets abroad as the main index finished at its highest level in three weeks......»»

Category: newsSource:  philstarRelated NewsJan 8th, 2021

Stocks slide for 2nd day on renewed virus worries

The local stock market went into a tailspin yesterday, with the main index falling below the 7,000 mark earlier in the day before closing at 7,047.85......»»

Category: financeSource:  philstarRelated NewsJan 6th, 2021

PSEi suffers first 2021 rout on coronavirus variant anxiety

Panic returned to the Philippine Stock Exchange trading floor on Wednesday, with the main index shedding 1.21% to close at 7,047.85......»»

Category: newsSource:  philstarRelated NewsJan 6th, 2021

Investors optimistic on strong recovery for earnings, stocks

MANILA, Philippines — After a nerve-wracking year marked by an unprecedented lockdown to contain a coronavirus (COVID-19) pandemic, investors are looking forward to a recovery in corporate earnings and stock prices this 2021. The main-share Philippine Stock Exchange index (PSEi) may rebound to 7,878 this year on the back of a 39.7 percent recovery in […] The post Investors optimistic on strong recovery for earnings, stocks appeared first on Cebu Daily News......»»

Category: newsSource:  inquirerRelated NewsJan 4th, 2021

Stock market rallies; index finishes above 7,000 again

The stock market jumped Tuesday as investors resumed their vaccine-fueled buying spree, though traders were kept in check by the specter of surging virus infections......»»

Category: financeSource:  thestandardRelated NewsDec 2nd, 2020

PH Stocks Rises Amid Pandemic

With the 7,000-level comeback on Friday, the Philippine Stock Exchange index (PSEi) rises which also benefited the Philippines Peso (PHP). Main stocks climbed by 2.46% or 172.17 points, a total of 7,169.79 points while other trade stocks also rose by 2.23% or 91.85 points to 4,219.39 points. The mining and oil industry topped the scores […].....»»

Category: sportsSource:  abscbnRelated NewsNov 24th, 2020

Wave of optimism buoys share prices

Wave of optimism buoys share prices Iris Gonzales (The Philippine Star) – November 24, 2020 – 12:00am MANILA, Philippines — The stock market opened the week on a positive note, with the main composite index rising by 8.83 points or 0.12 percent to close at 7,178.62. Likewise, the broader All Shares index finished at 4,254.26, […].....»»

Category: newsSource:  balitaRelated NewsNov 24th, 2020