Stock index to rise further on earnings reports
THE MAIN INDEX is seen to keep rising this week, driven by earnings reports from listed banks which analysts expect to have seen gains in the third quarter.
Bourse ends flat, but stays above 8,000 and up for fifth week in a...
LOCAL SHARES ended flat on Friday in the face of MSCI rebalancing and signs of improving Sino-US trade ties, staying above 8,000 for the fifth straight day and gaining for the fifth week in a row.
PSEi rebounds as economic growth picks up in Q3
LOCAL SHARES recovered on Thursday as investors turned bullish following improved gross domestic product (GDP) growth in the third quarter.
Stocks sink on cautiousness ahead of GDP data
LOCAL SHARES took a nosedive on Wednesday as investors went on a selling spree ahead of the announcement of third-quarter gross domestic product (GDP) data on Thursday.
October inflation good news fuels bourse’s climb
THE MAIN INDEX on Tuesday logged its best finish in more than three months on optimism fueled by an official report showing easing October inflation that met market expectations and more good news on the Sino-US trade front.
PSEi returns above 8,000 on earnings optimism
THE MAIN INDEX returned above the 8,000 level on positive corporate earnings reports at home as well as signs of improving US economic and global trade prospects.
Shares to climb on positive inflation, GDP data
SHARES may rise this week on the release of likely positive October inflation and third-quarter gross domestic product (GDP) data, along with the continuation of corporate earnings filings.
PSEi slips below 8,000 as Fed cuts policy rates
THE MAIN INDEX quickly abandoned the 8,000 level at the end of this week’s trading as investors shy away from making bets ahead of the holidays and following the rate cut by the US Federal Reserve.
Stocks rise above 8,000 on improved outlook
THE Philippine Stock Exchange index (PSEi) finished above the 8,000 level on Wednesday as investors returned to the local market on an improved outlook.
PSEi inches closer to 8,000 on positive sentiment
THE PHILIPPINE Stock Exchange index (PSEi) inched closer to breaching the 8,000 mark yesterday as investors reacted to earnings reports and positive developments in the US-China trade war.
Shares climb on positive third-quarter earnings
LOCAL STOCKS picked up on Monday as publicly listed companies started reporting positive earnings in the third quarter.
Stocks seen sideways in shortened trading week
LOCAL SHARES are seen to trade sideways this week as trading is cut a day shorter due to the observance of All Saints’ Day on Friday.