PSE index inches up on mixed earnings results
SHARES FIRMED UP on Thursday, defying the weakness in markets abroad as investors were cautious about prospects on the US-China trade war.
Shares extend decline on US-China tariff threats
STOCKS continued to decline on Wednesday as the market was weighed down by threats of new tariffs by the US on Chinese goods.
Local stocks slump on last-minute profit taking
STOCKS failed to sustain their momentum on Tuesday on last-minute profit taking due to developments in the US-China trade war.
PSEi surges past 8,300 on Fed, BSP easing bets
THE MAIN INDEX surged past the 8,300 mark on Monday as investors continued to bet on monetary policy easing by the US central bank.
PSE index may climb past 8,200 on Q2 earnings
LOCAL STOCKS are expected to climb beyond the 8,200 mark this week amid increased trading from investors due to the release of second-quarter earnings reports.
PSEi closes in on 8,200
LOCAL SHARES closed in on 8,200 on Friday — fueled partly by a return of net foreign buying — but failed to hit that level and finished lower at the end of the session amid lack of sufficient leads to sustain the lift.
Stocks extend climb on Fed, BSP rate cut bets
LOCAL SHARES extended their gains on Thursday as investors continued to price in possible rate cuts by the US and local central banks.
PHL shares end higher on Federal Reserve watch
LOCAL SHARES ended higher on Wednesday as investors remained on the lookout for hints on the next policy move of the US Federal Reserve.
Stocks drop further ahead of Powell testimony
SHARES CONTINUED to drop on Tuesday, following the negativity in Wall Street as investors waited for further clues from the US Federal Reserve on their decision on interest rates.
Shares decline as region weakens on US jobs data
LOCAL EQUITIES fell on Monday as they succumbed to the region’s weakness following strong jobs data from the United States last week.
Investors to take heart from slowing inflation
LOCAL EQUITIES are seen to rise in the week ahead as investors get a boost from lower June inflation reported on Friday last week and expectations of better second-quarter earnings reports that are due to be released soon.
Stocks rise as inflation slows anew
STOCKS climbed on Friday as inflation decelerated to its slowest level in almost two years in June.