Home Tags Index

Tag: index

PSE index sinks to 7,800 level on foreign selling

THE MAIN INDEX fell to the 7,800 level on Tuesday on concerns over the trade negotiations between the United States and China happening this week, in addition to foreign investors’ selling spree.

Shares climb on hopes of positive US-China talks

LOCAL EQUITIES rose on Monday on the back of rosy prospects for the trade talks between the United States and China happening this week.

PHL stocks to firm up ahead of corporate earnings

LOCAL SHARES may firm up in the days ahead following the weakness that prevailed last week, as investors await the release of 2018 financial results.

Friday marks second straight weekly fall ahead of PSEi rebalancing

WEAKNESS returned to Philippine equities on Friday — marking the second straight weekly fall — as traders adjusted portfolios ahead of the main index’s rebalancing on Monday, as the ongoing Sino-US trade row weighed on investors’ minds amid a lack of more compelling leads at home and as foreigners snapped back to selling mode.

Bourse breaks 4-day fall, but ends short of 8,000

THE Philippine Stock Exchange index (PSEi) snapped its four-day losing streak on Thursday as foreigners returned to buying mode, but this was not enough to pull the bourse back above the 8,000 mark.

PSEi falls below 8,000 as foreigners turn sellers

THE MAIN INDEX plunged for the fourth straight session on Wednesday, marking its worst finish in nearly a month on sustained profit taking.

Bourse falls further towards 8,000 on profit taking

THE BOURSE ended lower for the third straight trading day on Tuesday, falling below the 8,000 mark for the first time in seven sessions before clawing back just above that line as investors went on another round of profit taking, opting for second-liners instead of blue chips.

Investors cautious as earnings reports trickle in

THE PHILIPPINE Stock Exchange index (PSEi) began the week lower for the second straight trading day, with investors staying cautious as fourth-quarter and full-year 2018 earnings reports begin to trickle in and amid nagging uncertainty in the trade row between the world’s two biggest economies.

PSEi seen coasting as investors await 2018 results

THE BOURSE can be expected to coast at least through early this week, as investors await the release of listed firms’ 2018 financial results.

PSE index slips on lack of fresh leads

THE local stock market finished the week on a negative note on the lack of new catalysts to support its upward trajectory.

PSEi climbs to 8,100 level ahead of BSP decision

STOCKS RECOVERED on Thursday even as investors stayed on the sidelines ahead of the central bank’s first policy meeting of the year.

Stocks drop on profit taking after inflation data

LOCAL EQUITIES slumped on Wednesday despite surging intraday, as investors earlier cheered the slower-than-expected January inflation print but eventually succumbed to profit taking.

PHL shares seen to climb as inflation slows further

SHARES ARE SEEN to rise on Wednesday following the better than expected inflation reading for the month of January.

Stocks decline in subdued trade ahead of holiday

LOCAL EQUITIES dropped on the first trading day of the week, as most investors paused ahead of the Chinese New Year holiday.

Shares seen sideways ahead of inflation, holiday

LOCAL SHARES may trade sideways in the week ahead as investors go on holiday ahead of the Chinese New Year, but may get a lift from expectations of a lower inflation report for January.

PSEi rallies as hopes rise on Trump-Xi meeting

LOCAL stocks rallied on Friday amid reports of the trade dispute between the US and China may soon be settled, and expectations the inflation rate will ease this year.

Stocks rebound as Fed keeps policy stance steady

SHARES bounced back on Thursday as investors welcomed the US Federal Reserve’s decision to keep rates steady, alongside end-of-the-month window dressing.

Shares fall ahead of US-China talks, Fed review

LOCAL EQUITIES fell on Wednesday as investors chose to pocket profits ahead of trade talks between the United States and China, as well as the upcoming decision of the US Federal Reserve.

PSE index dips on heightened US-China tensions

THE MAIN INDEX closed relatively unchanged on Tuesday, as heavy foreign buying cushioned the negative sentiment from regional markets following heightened tensions between the United States and China.

PHL stock index seen to end year at 8,600 level

LOCAL BROKERAGE firm COL Financial Group, Inc. is “cautiously optimistic” that the Philippine Stock Exchange index (PSEi) would end the year at the 8,600 level, as it expects inflation to further slow down and the peso to strengthen against the US dollar.

PHL stocks end flat ahead of US-China trade talks

THE MAIN INDEX ended flat at the close of trading on Monday amid global fears over the US-China trade war, but still remained above the 8,000 mark.

PSEi to trade sideways on month-end slowdown

LOCAL STOCKS are expected to continue trading sideways this week with a slight downward bias in anticipation of tamer trading during the month-end.

Bourse slips but stays above 8,000

PHILIPPINE SHARES slipped on Friday on a lack of leads to sustain investor interest, even as it held the 8,000 line and marked the fourth straight week of gains.

Main index returns to 8,000 on positive sentiment

THE MAIN INDEX returned to the 8,000 level on Thursday as investors shrugged off the lower-than-expected gross domestic product (GDP) data for 2018.

Bourse operator amends short-selling guidelines

THE Philippine Stock Exchange, Inc. (PSE) has amended the guidelines for short-selling transactions on Wednesday, clarifying that short- selling orders will not be allowed during the market’s pre-open and pre-close phase.

PSEi edges lower on lingering growth concerns

THE MAIN INDEX edged lower on Wednesday on profit taking amid expectations of slower global economic growth due to the US-China trade war.

PSE index ekes out small gain amid lack of leads

THE MAIN INDEX eked out gains on Tuesday following minimal movement due to a lack of leads.

Shares drop on cautiousness ahead of GDP report

LOCAL EQUITIES tumbled on Monday as investors adopted a wait-and-see mode ahead of the release of 2018 economic growth figures this week.

Stocks to trade sideways ahead of PHL GDP data

STOCKS may trade sideways in the week ahead with a possible upward bias should economic growth figures come in better than expected.

Bourse extends gains to nine-month peak

THE MAIN INDEX ended Friday at a nine-month high as heavyweights continued to rally, returning above 8,000 and marking the second straight day and third consecutive week of gains.

SM Prime, Ayala help fuel bourse’s recovery

SHARES bounced back on Thursday as index heavyweights SM Prime Holdings, Inc. (SMPH) and Ayala Corp. (AC) recovered from heavy losses in the previous session.

PSEi down as property stocks plunge on AC, SMPH

HEAVYWEIGHTS dragged the main index on Wednesday as Mitsubishi Corp. reduced its stake in Ayala Corp. (AC) while the Department of Interior and Local Government’s (DILG) intent to wipe out all reclamation projects in Manila Bay hurt SM Prime Holdings, Inc. (SMPH), which has ambitious projects set in the harbor.

Main index declines anew on Brexit, China data

LOCAL STOCKS slid slightly on Tuesday as investors awaited the British parliament’s take on a historic vote on the Brexit deal, while China’s trade data brought disappointment.

PSEi rises as banking stocks recover from sell-off

THE MAIN INDEX opened the week on a positive note amid a recovery in banking stocks and news that the new real estate investment trusts (REIT) rules will be out in the first half of the year.

Shares to move sideways after last week’s rally

STOCKS MAY move sideways in the week ahead as a breather is expected to support the main index’s rally in the coming days.

Stocks fall as banks take hit from Hanjin default

SHARES fell on the last trading day of the week as investors turned cautious on the banking sector after news of Korean firm Hanjin’s $412-million loan default from five of the country’s largest banks.

PHL shares climb on strong foreign fund inflows

SHARES CONTINUED their ascent on Thursday, bringing the main index closer to the 8,000 level on hopes of warmer trade relations between the United States and China after their officials’ meeting this week.

PSEi surges past 7,900 as US, China wrap up talks

THE MAIN INDEX soared past the 7,900 level on Wednesday, following optimistic views on trade relations between the United States and China alongside the continued flow of foreign funds into the local bourse.

PSE index corrects as investors pocket profits

THE MAIN INDEX corrected on Tuesday as investors chose to take profit while others stayed on the sidelines, waiting for the results of the trade talks between the United States and China.

Local stocks climb as US-China trade talks start

LOCAL EQUITIES booked gains on Monday as investors turned upbeat prior to the start of meetings between the United States and China to defuse their ongoing trade war.

Shares may drop as market corrects after surge

SHARES MAY CORRECT in the week ahead on the back of profit taking after the main index hit a high of 7,801.50, while investors also anticipate the release of trade numbers for 2018.

Investors take heart from weaker inflation

PHILIPPINE EQUITIES climbed for a fifth straight trading day on Friday on the back of investor optimism in the face of easing inflation, with consumer stocks particularly benefiting from the latest price data.

PSEi soars on positive sentiment ahead of data

LOCAL STOCKS surged on Thursday as investors continued to buy shares in anticipation of better inflation figures for December.

Shares end higher in thin trade on inflation bets

SHARES FIRMED up on the first trading day of the year amid thin volume, as investors looked ahead to the release of likely slower inflation data for December.

Stocks may climb ahead of inflation, GDP data

LOCAL EQUITIES are seen to firm up in the first trading day of 2019 as investors await the release of data on December inflation as well as the country’s economic growth.