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Stocks snap losing streak

Investors yesterday ended the week pushing the market back in the win column, as they finished pricing in the impact of the inflation uptick in February and a number of corporate results......»»

Category: financeSource:  philstarRelated NewsMar 8th, 2024

Stocks retreat on hawkish Fed, BSP rate signals

Stock investors were turned off yesterday by policy signals from monetary authorities here and abroad, dragging the local market to a third straight day of decline......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2024

Stocks pull back on inflation impact

Investors yesterday pulled the market back closer to the 6,900 territory, pricing in the impact of inflation landing on the higher end of the target band......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

Market steps closer to 7,000 level

Investors yesterday pushed the benchmark index to within the 7,000 territory, as they opened the week making bets on local stocks ahead of the reporting February inflation......»»

Category: newsSource:  philstarRelated NewsMar 5th, 2024

Ombudsman suspends NFA execs amid cheap rice sale probe

Agriculture Secretary Francisco Laurel said that the Department of Agriculture has implemented the Ombudsman's preventive suspension order for the officials allegedly involved in the “improper” sale of rice buffer stocks......»»

Category: newsSource:  philstarRelated NewsMar 4th, 2024

No sugar MAV this year – SRA

The government did not allow the importation of sugar at a lower tariff rate in the current minimum access volume (MAV) year since the country has ample stocks to meet domestic consumption, the Sugar Regulatory Administration said......»»

Category: financeSource:  philstarRelated NewsMar 4th, 2024

Market ends week in negative territory

Local stocks fell yesterday to close the week in the red as investors decided to take profits at the last minute......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

NFA defends sale of cheap rice; farmers slam ‘mafia’

The National Food Authority yesterday defended the sale of rice to some traders, saying the NFA is allowed to dispose of aging stocks amid the alleged anomalous sale of rice to traders......»»

Category: newsSource:  philstarRelated NewsFeb 28th, 2024

‘Pork prices to go up as DA limits imports’

Limiting imports under lower tariff rate could drive pork prices higher as micro, small and medium enterprises would lose access to “cheaper” imported stocks, meat importers warned yesterday......»»

Category: financeSource:  philstarRelated NewsFeb 26th, 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

Stocks to test 7,000 resistance

The stock market looks to sustain its momentum and advance to the 7,000 level this week, with investors keeping an eye on more corporate earnings results and positive cues abroad to fend off selling pressures......»»

Category: financeSource:  philstarRelated NewsFeb 25th, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

ChatGPT – Year of the Dragon

The bull market in stocks was driven by the enthusiasm over artificial intelligence and the myriads of possibilities that it offers. Considering this and the upcoming Chinese New Year, we thought it was appropriate to ask ChatGPT, OpenAI’s chat bot, about its forecasts for the year of the dragon......»»

Category: financeSource:  philstarRelated NewsFeb 12th, 2024

Rice inventory up 10 percent in January

The country’s total rice inventory at the start of the year rose by almost 10 percent to over two million metric tons on the back of higher stocks in commercial entities......»»

Category: financeSource:  philstarRelated NewsFeb 10th, 2024

High rice prices to persist until September – DA

Despite sufficient rice stocks in the first half of the year, elevated rice prices may persist until September due to high international prices caused by the El Niño phenomenon, according to the Department of Agriculture......»»

Category: newsSource:  philstarRelated NewsFeb 8th, 2024

Stocks cheer slower inflation results for January

The stock market continued its ascent yesterday after domestic inflation was reported to have slowed down in January......»»

Category: financeSource:  philstarRelated NewsFeb 7th, 2024

Stocks climb ahead of January inflation

The stock market started the week on a positive note as the main index stayed above the 6,700 level ahead of today’s January inflation report......»»

Category: financeSource:  philstarRelated NewsFeb 5th, 2024

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.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 3rd, 2024

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].....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 2nd, 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