Market likely to consolidate amid rising virus infections

Share prices at the Philippine Stock Exchange are expected to consolidate within the 7,000 to 7,300-point level over the near-term period as investors weigh rising COVID 19 cases and the availability of vaccine in the country within the first half of the year......»»

Category: lifestyleSource: abscbn abscbnJan 11th, 2021

Stock market falls to lowest level in nearly three months

Stocks tumbled Friday on rising virus infections worldwide and weak consumer spending that has been hampering economic recovery due to lockdown restrictions......»»

Category: financeSource:  thestandardRelated NewsJan 29th, 2021

Market tumbles; Dito, GT Capital decline

The stock market slumped Wednesday on continued consolidation and concerns on rising virus infections in Europe and the US......»»

Category: financeSource:  thestandardRelated NewsJan 7th, 2021

Stock market declines; Metrobank and Dito rise

The stock market fell slightly Friday for the fourth straight session in another dull trading amid rising infections in Europe and other countries that have seen governments impose partial lockdowns......»»

Category: financeSource:  thestandardRelated NewsSep 26th, 2020

Stock market slips for third straight day; Puregold rises

The stock market fell for the third straight day Thursday following another sharp sell-off on Wall Street as investors were bombarded by a perfect storm of problems including rising virus infections, new lockdowns, a slowing economic recovery, stalled US stimulus talks and election uncertainty......»»

Category: lifestyleSource:  abscbnRelated NewsSep 24th, 2020

Gilas minds nothing but training

Gilas Pilipinas stays concentrated on its buildup for the FIBA Asia Cup Qualifiers in Qatar amid the rising virus cases in the region that already forced the postponement of matches in neighboring Bahrain......»»

Category: sportsSource:  philstarRelated NewsFeb 12th, 2021

Market down slightly; Basic Energy jumps

The stock market slipped for the second straight day as investors began consolidating their portfolio amid rising COVID 19 cases and the rollout of vaccine within the first half of the year......»»

Category: financeSource:  thestandardRelated NewsJan 13th, 2021

Return of in-person classes on hold due to virus mutation concerns

MANILA, Philippines — President Rodrigo Duterte canceled limited in-person classes, which were supposed to be pilot-tested in January, amid rising concerns over the new coronavirus variant that was first reported in the United Kingdom early this month and is feared to be more infectious than the earlier form. Duterte announced his decision on Saturday during a […] The post Return of in-person classes on hold due to virus mutation concerns appeared first on Cebu Daily News......»»

Category: sportsSource:  abscbnRelated NewsDec 27th, 2020

Market retreats; Apollo, BPI climb

Stocks retreated Tuesday from a 10-month high, as Asian markets fell across the board after surging virus infections forced governments to impose tighter containment measures, trumping the rollout of vaccines......»»

Category: financeSource:  thestandardRelated NewsDec 15th, 2020

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

Asian markets mixed as focus turns to US election

Asian markets were mixed Monday following last week's painful global sell-off, with attention on the US presidential election, which comes against a backdrop of rising virus infections across the country and Europe......»»

Category: financeSource:  thestandardRelated NewsNov 2nd, 2020

Clashes in Barcelona over virus restrictions

Protesters clashed with police in central Barcelona on Friday after hundreds gathered to demonstrate against new coronavirus restrictions, including a curfew and a ban on leaving the city over the holiday weekend.  A protester throws crowd control barriers towards members of the Catalan regional police force Mossos d’Esquadra as clashes erupt during a demonstration against new coronavirus restrictions in Barcelona on October 30, 2020. (Photo by Josep LAGO / AFP) A spokesman for the Mossos d’Esquadra regional police told AFP up to 700 protesters attended the rally which later turned violent when a group of some 50 people “began throwing dangerous objects” at police, prompting them to try and break up the crowd.  An AFPTV correspondent in the central Plaza Sant Jaume saw scores of demonstrators wearing face masks, many chanting “freedom”, hurling rocks and crowd control barriers at police in full riot gear as the surrounding streets filled with smoke from burning barricades. Sirens wailed throughout the city centre as police sought to disperse the protesters with batons and firefighters hosed down fires in several large wheelie bins. Twenty police officers were injured in the clashes and twelve people were arrested, the regional police said on Twitter.  At least two establishments were looted and several police vehicles damaged, it added. A protest in the northern Spanish city of Burgos also turned violent when several dozen young protestors began throwing bottles and stones at police and torching rubbish bins, the Diario de Burgos news website reported.  “What’s happening in Burgos tonight only brings more pain and destruction. Anger won’t get us out of here,” tweeted Francisco Igea, number two in the Castilla y Leon region.  Despite the many restrictions imposed in Spain since July, when the number of cases began rising again, infections have spiralled with the virus claiming more than 35,000 lives and infecting more than 1.1 million people.  Almost all of Spain’s regions have imposed border closures in the hope of avoiding a new lockdown, but in Catalonia, where bars and restaurants have been closed since mid-October, the authorities have imposed extra restrictions.  Residents have been barred from leaving towns and cities over the weekend with police on Friday checking drivers on the main roads leading out of Barcelona......»»

Category: newsSource:  inquirerRelated NewsOct 31st, 2020

Europe lockdown

The exponential rise in COVID-19 infections in Europe and the US has alarmed global businessmen and market investors. Ensuing lockdowns to contain the virus spread, especially in France and Germany, will mean a stalled re-opening of economies in the continent and that the road to recovery is nowhere near......»»

Category: newsSource:  thestandardRelated NewsOct 30th, 2020

Germany virus death toll passes 10,000: health institute

Germany has suffered more than 10,000 Covid-19 deaths since the start of the pandemic, according to official data published Saturday.  People wear face protecting masks on October 22, 2020 downtown Munich, amid the novel coronavirus Covid-19 pandemic. (Photo by Christof STACHE / AFP) A total of 10,003 deaths have been recorded by the Robert Koch Institute, a federal government agency, with 418,005 infections recorded nationwide. Of those, 14,714 were diagnosed in the last 24 hours — a daily record. Robert Koch Institute president Lothar Wieler said Germany was facing a “very serious” situation and asked the population to adhere to social distancing measures. Germany was spared during the first wave of coronavirus infections that hit Europe in spring but is now suffering a sharp increase in cases along with the rest of the continent. Authorities have tightened measures against the pandemic including the adoption of a public assembly ban. Chancellor Angela Merkel last weekend asked the country to reduce their social contact and stay home as much as possible. “What winter will be, what our Christmas will be, will be decided in the days and weeks to come,” she had warned......»»

Category: newsSource: NewsOct 24th, 2020

Market rises slightly; MerryMart, ICTSI climb

The stock market rose slightly Thursday in thin trading, with sentiments weighed down by rising virus cases and fresh lockdowns in Europe......»»

Category: financeSource:  thestandardRelated NewsOct 16th, 2020

Stocks plunge further as virus worries linger

The stock market failed to bounce back yesterday as investors found it difficult to stay amid the continued uncertainties brought about by COVID-19 pandemic......»»

Category: financeSource:  philstarRelated NewsOct 8th, 2020

Stock market climbs to end 4-day slump

The stock market rose slightly Monday on bargain hunting to end a four-day losing streak amid worries about fresh global virus spikes and the reimposition of economically damaging containment measures......»»

Category: financeSource:  thestandardRelated NewsSep 29th, 2020

South Cotabato reviews capacity to address possible surge in virus cases

GENERAL SANTOS CITY (MindaNews / 03 September) – The provincial government of South Cotabato has launched a review of its available patient care resources for coronavirus disease 2019 (COVID-19) as it braces for a possible surge of infections amid the confirmed local transmission. South Cotabato Gov. Reynaldo Tamayo Jr. met on Thursday with hospital owners […].....»»

Category: newsSource:  mindanewsRelated NewsSep 3rd, 2020

Bataan logs 25 new COVID-19 cases

BALANGA CITY, Bataan – A total of 25 new coronavirus disease 2019 (COVID-19) infections have been reported in Bataan, increasing its total tally to 799. Citing the latest report of the Provincial Health Office, Governor Albert Garcia said on Friday that of the 25 cases, 23 were from Mariveles, which is home to the province’s freeport area that has placed some multi-national companies under lockdown. Mariveles’ municipal government has ordered the lockdown of some villages. The Balanga City public market has also been under lockdown for disinfection, but will reopen on Sunday morning.  Garcia said among the new cases were a six-year-old boy from Mariveles and six senior citizens. Five were from Mariveles – a 64-year-old, a 72-year-old, and a 64-year-old health worker, all women; and a 60-year-old and a 66-year-old, both men – and a 78-year-old woman from Pilar.  Some 17 other new cases were also from Mariveles and one from this city. Garcia said contact tracing showed that 16 of the 25 cases had close contact with those who earlier tested positive for the virus. The number of those who have recovered, meanwhile, rose to 499 with the recovery of 17 patients – eight came from Abucay, five from Limay, and one each from this city, Orion, Morong, and Mariveles. There remain 284 active cases while the number of deaths stood at 16. Of the 12,835 who have undertaken Covid-19 tests, 11,851 have tested negative for the virus while 185 were still waiting for the results of their tests, the PHO said. .....»»

Category: sportsSource:  abscbnRelated NewsAug 29th, 2020

Millions back under lockdown in Philippines amid surge in virus cases

Millions of people in the Philippines were ordered to stay home Tuesday as global coronavirus infections kept soaring, with the World Health Organization warning against relying on a vaccine "silve.....»»

Category: newsSource:  philippinetimesRelated NewsAug 4th, 2020

Market ends flat; Ayala Land, Puregold rise

Stocks closed virtually flat Tuesday amid fears over a spike in coronavirus infections around the world, the reimposition of containment measures, and China-US tensions......»»

Category: financeSource:  thestandardRelated NewsJul 15th, 2020