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Market rally at risk from profit takers
Investors will be on the lookout for fresh catalysts this week which, if successful, could propel the stock market to the 6,900 level, or even back to the 7,000 mark......»»
5th oil price hike set February 6
Oil firms will implement an oil price hike for the fifth straight week......»»
The Wallenberg whirlwind trip
It may have been a quick three-day trip to the Philippines of a member of Sweden’s richest business family, but Mr. Marcus Wallenberg, chairman of both SEB, a leading North European financial group with a current market value of $30.61 billion (approximately P1.7 trillion) as of March 2024, and Saab, a prominent Swedish defense and security company with a market value of $10.36 billion (roughly P580.18 billion) as of the same period, managed to pack in several key meetings on his second day......»»
Below target growth dampens market
The stock market plunged yesterday as the below target economic expansion in the first quarter did not sit well with investors......»»
Higher April inflation drags market
The stock market returned to its losing ways after the country’s inflation was reported to have quickened in April......»»
OceanaGold Philippines all set for stock market debut
OceanaGold (Philippines) Inc., the operator of Didipio gold and copper mine in Nueva Vizcaya, hurdled the final regulatory clearance for its initial public offering, paving the way for its market debut on May 13......»»
Index closes flat on lack of market-moving news
The stock market opened the week with minimal gains as investors waited for catalysts......»»
Stock market continues retreat
The stock market remained in the loss column on its return to action yesterday......»»
Eye on inflation as market returns from long holiday
Investors will keep an eye on the results of the March inflation data this week, as the stock market heads into the second quarter with renewed optimism after managing to close the first quarter on a positive note......»»
Market ends week on high note
The stock market capped off the week on a high note, buoyed by positive cues from the US markets overnight......»»
Market tumbles below 6,800 amid profit taking
The stock market fell below the 6,800 level yesterday as investors continued to engage in profit taking following its recent rally......»»
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......»»
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.....»»
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].....»»
PSE looks forward to capital market reforms with Recto
The Philippine Stock Exchange said it is looking forward to working with newly appointed Finance Secretary Ralph Recto in introducing reforms that would further deepen the capital market......»»
REIT revival looms this year
Stock market investors may see a revival of the real estate investment trust (REIT) market this year......»»
Power spot market prices lower in 2023
The average cost of electricity traded at the spot market went down in 2023, snapping two straight years of increase, the Energy Regulatory Commission said......»»
BSP keeps rates on hold as expected
The Bangko Sentral ng Pilipinas hit the pause button for the fifth straight policy meeting as it kept the benchmark interest rates steady yesterday, but it may start cutting borrowing costs as early as August if a sustained downtrend in inflation becomes fully evident......»»
Holt sparks Dyip win vs Batang Pier
Stephen Holt came up big in the clutch as the Terrafirma Dyip ended a two-game losing streak, 110-108, sending the NorthPort Batang Pier to their fifth straight loss in the PBA Philippine Cup Wednesday at the Ninoy Aquino Stadium in Manila......»»
LeBron, Curry, Durant head US Olympic ‘Dream team’
LeBron James, Stephen Curry and Kevin Durant will spearhead a star-studded United States Olympic basketball squad chasing a fifth straight gold medal at this summer’s Paris Games, officials announced Wednesday. USA Basketball confirmed a formidable 12-man roster bristling with NBA talent that also includes reigning Most Valuable Player Joel Embiid along with Boston Celtics standouts.....»»