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Philippine stocks advance following Wall Street rally

Philippine stocks bounced back yesterday, aligning with the recovery in Wall Street......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

Shares rebound as May inflation stays within target

The stock market bounced back after a major sell-off the previous day as investors stayed positive despite higher inflation rate announced in May......»»

Category: financeSource:  philstarRelated NewsJun 5th, 2024

Stocks up, peso falls to 19-month low

The stock market sustained Friday’s momentum opening on a high note yesterday as investors shopped for bargains. The peso meanwhile, retreated to a 19-month low against the greenback......»»

Category: financeSource:  philstarRelated NewsJun 3rd, 2024

Economic data seen to drive stock movement

Share prices could advance in the next five days following last week’s plunge should investors take advantage of the market’s attractive position, analysts said......»»

Category: financeSource:  philstarRelated NewsJun 3rd, 2024

Market sustains uptick on bargain hunting

The stock market sustained its uptick for a second straight session yesterday on another round of bargain hunting among investors......»»

Category: financeSource:  philstarRelated NewsApr 19th, 2024

Bargain hunting props up share prices

The stock market returned to its winning ways yesterday as investors gobbled up bargains......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

Share prices slip on profit-taking

The stock market slipped yesterday after rising for three consecutive days as investors cashed in on their profits on the last trading day of the week......»»

Category: financeSource:  philstarRelated NewsFeb 16th, 2024

ERC suspends reserve market settlement

The Energy Regulatory Commission has ordered the Philippine Electricity Market Corp. and the Independent Electricity Market Operator of the Philippines Inc. to suspend settlement amounts in the reserve market......»»

Category: financeSource:  philstarRelated NewsApr 2nd, 2024

PSE spending $11 million to upgrade trading engine

The Philippine Stock Exchange Inc., the operator of the country’s only stock market, is not letting up on its efforts to be up to par with global stock exchanges with investments of about $11 million to bolster its operations......»»

Category: financeSource:  philstarRelated NewsApr 30th, 2024

Live Updates: The Daily Guardian – Stock Market Today

Title: Stock Futures Dip, Yet Disney and Arm Shine in After-Hours Trading: Tech Sector Leads S&P 500 Surge The Daily Guardian In a mixed trading.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 8th, 2024

Data centers: Philippine’s new investment magnet

When we opened the new year, the country celebrated significant gains in foreign direct investment in 2023 and recognized the imperative to fortify its appeal to global investors. In a statement by Philippine Economic Zone Authority director general Tereso Panga, it was highlighted that the country was able to surpass our conservative 10 percent growth target this year, with investment approvals.....»»

Category: financeSource:  philstarRelated NewsJan 25th, 2024

Data centers: Phl’s new investment magnet

When we opened the new year, the country celebrated significant gains in foreign direct investment in 2023 and recognized the imperative to fortify its appeal to global investors. In a statement by Philippine Economic Zone Authority director general Tereso Panga, it was highlighted that the country was able to surpass our conservative 10 percent growth target this year, with investment approvals.....»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

Bargain hunting likely this week

Share prices could continue gaining some ground this week with investors seen hunting for cheap stocks while waiting for fresh leads......»»

Category: financeSource:  philstarRelated NewsMay 27th, 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

Metrobank raises record $1 billion from international bond market

Metropolitan Bank & Trust Co. has raised $1 billion as investors gobbled up its dual tranche offering of five and 10-year dollar-denominated notes as part of its return to the offshore debt market......»»

Category: financeSource:  philstarRelated NewsMar 1st, 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

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......»»

Category: financeSource:  philstarRelated NewsMay 8th, 2024

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......»»

Category: financeSource:  philstarRelated NewsMay 1st, 2024

Strong corporate earnings boost market

The stock market advanced for a fifth straight session yesterday as strong corporate earnings in the first quarter helped buck negative cues from Wall Street overnight......»»

Category: financeSource:  philstarRelated NewsApr 26th, 2024

Stock market continues retreat

The stock market remained in the loss column on its return to action yesterday......»»

Category: financeSource:  philstarRelated NewsApr 11th, 2024