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European markets plunge on new virus strain
European stocks, oil prices, and the pound slumped Monday as a highly infectious strain of coronavirus in Britain had traders seeking shelter.Sterling lost 1.3 percent against the dollar, with the pound also still being hit as a post-Brexit trade deal between Britain and the EU remained out of reach.The euro gained 1.0 percent against the […].....»»
Amid bearish sentiment, bargain hunting could lift stocks
The stock market is expected to sustain its bearish sentiment this week, but potential bargain hunting may eventually lift shares out of the doldrums......»»
Amid bearish sentiment, bargain hunting could lift stocks
The stock market is expected to sustain its bearish sentiment this week, but potential bargain hunting may eventually lift shares out of the doldrums......»»
‘Traders divert imported fish to evade VAT’
Unscrupulous fish importers are diverting frozen stocks of round scad (galunggong), bonito (tulingan) and mackerel (alumahan) to the wet markets to evade paying value added tax (VAT), the Department of Agriculture said yesterday......»»
Market sizzles after Lenten break
Local stocks were off to a sizzling start following a long break as investors took cues from positive economic developments abroad......»»
Daily Guardian: Asian Stocks Rise Before Key US Inflation Data
Asian shares surged on Monday following gains on Wall Street, with investors closely watching US consumer price data for clues on the Federal Reserve’s policy.....»»
Stocks eke out gains, back at 6,900
The stock market eked out gains to move back up to the 6,900 level as investors continued to hunt for bargains......»»
Thin volume seen on short trading week
Local stocks are expected to move sideways this week with only three trading days due to the Holy Week break......»»
Stocks up, peso breaches 56:$1
The stock market posted slight gains yesterday as it tracked upswing in US markets, while the peso weakened and breached the 56 to $1 barrier......»»
Sharon Cuneta has a warning about stock market investing
When investing in stocks, Cuneta has several pointers based on her experience......»»
PSEi falls, mirrors US equities
Local stocks plunged to close the week in the red as they mirror negative sentiment in US equities......»»
Rice inventory drops to 17-month low
The country’s rice stocks in February fell to their lowest level in more than a year despite higher imports recorded at the start of the year......»»
Index attempts to break past 7,000 anew
Local stocks will likely seek direction from the US markets this week in a bid to break past the 7,000 threshold anew......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»
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......»»