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Investors stage last-minute bargain hunt amid thin trades ahead of SONA

THE PHILIPPINE STOCK EXCHANGE index (PSEi) edged up but stopped short of the 7,400 mark amid last-minute bargain hunting after spending much of Friday in red territory.

Asia markets rally as China’s yuan defies Trump dollar warning

Hong Kong, China — Asian markets advanced Friday, with Shanghai gaining 2% as China's weak yuan currency defied US President Donald Trump's criticism of...

PSEi falls back below 7,400 amid lack of leads

STOCK PRICES slumped below 7,400 on Thursday amid thin trading, as investors stayed on the sidelines due to lack of leads.

PSEi slides in thin trading

Stock prices slumped on Thursday, July 19, amid thin trading as investors stayed on the sidelines due to lack of leads. The benchmark Philippine Stock...

Asia stocks fall on trade war fears

Hong Kong -- Asian markets mostly fell Thursday, July 19, as the US Federal Reserve chief's upbeat assessment of the economy failed to allay...

Bourse ends at one-month peak on Fed cues

THE Philippine Stock Exchange index (PSEi) finished at a one-month high on Wednesday, drawing strength from Wall Street’s rise on Federal Reserve Chairman Jerome Powell’s optimistic remarks on the US economy and solid earnings results.

Stocks edge higher after Fed chair’s ‘dovish’ remarks

By Arra B. Francia, Reporter Shares advanced on Wednesday, July 18, boosted by the positive performance of international markets after United States Federal Reserve Chairman...

Cryptocurrency rally builds steam as Bitcoin surpasses $7,500

Cryptocurrencies extended their rebound on Wednesday, July 18, as Bitcoin traded above $7,500 for the first time in a month, shrugging off security and...

Asian markets rise after Fed chief boosts US confidence

Hong Kong -- Asian markets rose on Wednesday, tracking a Wall Street rally after the head of the Federal Reserve expressed confidence in the...

Investors turn attention to earnings reports

THE MAIN INDEX eked out last-minute gains on Tuesday after moving within a tight range as investors await the release of corporate earnings results in the coming weeks.

Asia stocks mixed as Japan outperforms on yen drop

Asian equities were mixed Tuesday as investors assess whether corporate earnings can deliver on high expectations against a backdrop of trade tensions. Treasuries and...

Bourse caps four-day rally amid lack of leads

EQUITIES slipped on Monday as the market consolidated amid a lack of catalysts.

Emerging market sell-off is only going to get worse, survey says

With the Federal Reserve still boosting interest rates and President Donald Trump still raising tariff threats, the bottom for emerging markets remains some way...

Bitcoin climbs as big-name investors start taking an interest

Bitcoin headed for its biggest increase in two weeks on Monday amid a steady drip of news reports suggesting some of the biggest names...

PSEi ends four-day rally

Local equities slumped on Monday, July 16, as the market continued to consolidate within range due to lack of catalysts. The bellwether Philippine Stock Exchange...

Shares to move within tight range on thin volume

SHARE PRICES are seen to move within a narrow range in the week ahead, with analysts banking on an increase in trading volume for the main index to sustain its upward trajectory.

Shares inch up amid escalating US-China tensions

SHARES closed a tad higher on Thursday, with no new leads to draw investors back to the market.

US stocks decline as oil tumbles, dollar rallies

US stocks fell as crude plunged the most in two years and the dollar spiked higher amid renewed tensions over trade and geopolitics. The S&P...

PSEi jumps as investors pick up large-cap issues

THE MAIN INDEX jumped on Wednesday on selective buying of large-cap firms, as most investors remained on the sidelines due to lack of new leads.

PHL stocks climb as trade war fears overseas ease

LOCAL EQUITIES climbed on Tuesday, tracking the positive finishes of its global counterparts.

PSEi buoyed by Wall Street gains

Local equities climbed on Tuesday, July 10, tracking the positive finishes of its global counterparts. The bellwether Philippine Stock Exchange index (PSEi) firmed up 0.65%...

PSEi ends flat as inflation dampens sentiment

SHARES barely moved on Monday as the higher inflation print in June and a projected interest rate hike in August dampened investor sentiment.

Stocks finish flat, holding firms lead gainers

Shares barely moved on Monday, July 9, as the higher inflation recorded last June and the projected interest rate hike in August put a...

Stocks to move sideways ahead of Q2 earnings

THE Philippine Stock Exchange index (PSEi) is likely to continue trading sideways this week as investors anticipate second-quarter results that could push trading volume higher.

PSE review finds 62 firms Shariah-compliant

THE Philippine Stock Exchange said it classified 62 securities as compliant with Islamic finance principles, as of June 25.

Bourse retreats further on inflation, trade war fears

THE MAIN INDEX marked its second day of decline on Friday as investors continued to reel from a faster-than-estimated June inflation that was reported on Thursday morning, becoming the odd-man out among largely positive Asian markets.

PSE index bleeds as inflation exceeds estimates

THE MAIN INDEX bled on Thursday after June inflation data turned out to be much faster than expected.

Asian markets slip ahead of US-China tariff deadline

Hong Kong -- Asian stocks edged down Thursday as investors fretted over US-China tariffs which are due to kick in within hours and threaten...

Stocks rally on bargain hunting ahead of data

LOCAL STOCKS jumped to their fourth straight day of gains on Wednesday as investors continued to search for bargains given the main index’s historically low valuation.

RCBC unveils online forex trading platform

Rizal Commercial Banking Corp. (RCBC) has launched an online platform allowing its clients to buy and sell local and foreign currencies. In a statement Wednesday,...

Stocks rally as investors hunt for bargains

By Arra B. Francia, Reporter Local stocks climbed on Wednesday as investors continued to search for bargains given the main index’s historically low valuation. The benchmark...

Locals see opportunity in $55-B Philippine stocks rout

UNFAZED by a foreign-led sell-off that wiped out about $55 billion in Philippine stocks, some local individual investors are seeing opportunities to buy.

Shares climb in thin trade ahead of inflation data

SHARES firmed up on Tuesday amid thin trading as investors stayed on the sidelines ahead of the release of June inflation data.

Stocks inch up ahead of inflation report

By Arra B. Francia, Reporter Shares firmed up on Tuesday amid thin trading, as investors stayed on the sidelines ahead of the release of June...

Asia stocks fall as yuan-slide contagion assessed

Stocks in Asia extended declines and the yuan slumped once again amid debate surrounding the impact of an escalating trade war and fear of...

Stock market seen to end at 7,500 level this year

PHILSTOCKS Financial, Inc. projects the local market to end the year at the 7,500 to 7,700 level, significantly lowering its target to take into account inflationary pressures and its effects on consumer spending, alongside other economic factors.

PSE index extends gains as investors buy bargains

THE MAIN INDEX started the third quarter on a positive note as investors continued to look for bargains, with sentiment also getting a lift from the positive finishes among international markets last week.

Stocks climb as bargain hunting continues

The main index started the first trading session of the third quarter on a positive note, as investors continued to look for bargains with...

Capital raised via stock market hits P150 billion in first half

CAPITAL raised at the stock market reached a record P150 billion in the first half, as companies braved the local market amid prevailing volatility.

Stocks may rebound on second-quarter results

SHARES may move up on the first trading week of the month, as investors look toward the June inflation figure alongside corporate earnings reports for the second quarter.

PSEi close higher on last trading day of 1st half

LOCAL shares recovered on Friday, ending the first half of the year on a positive note on the back of window dressing alongside gains in international markets.

Emerging-market carnage sidesteps India as locals buy stocks

As emerging-market stocks reel under the pressure of a rising dollar and fiery trade rhetoric, Indian equities are charting a different course. The nation’s benchmark...

Bitcoin bloodbath nears dot-com levels as many tokens go to zero

Bitcoin’s meteoric rise last year had many observers calling it one of the biggest speculative manias in history. The cryptocurrency’s 2018 crash may help...

Stocks rebound on window dressing

By Arra B. Francia, Reporter Local shares recovered on Friday, June 29, ending the first half of the year on a positive note on the...

Shares drop on concerns over US-China trade war

SHARES DOVE anew on Thursday, quickly reversing gains in the previous session as trade tensions pulled down most markets overseas.