Stocks end lower on inflation, rate hike concerns
SHARES continued to drop on Monday as investors stayed cautious amid fears of rate hikes and inflationary pressures that continue to affect Western markets.
The...
PHL shares to continue decline on consolidation
By Arra B. Francia, Reporter
LOCAL STOCKS are seen to continue falling in the week ahead before the main index can establish momentum to propel...
Local stocks slump amid global rout
By Arra B. Francia, Reporter
LOCAL stocks took another beating on Friday, tracking the bloodbath in international markets as investors resumed profit taking.
The main index...
Main index declines anew ahead of BSP decision
STOCKS closed in negative territory again on Thursday, Feb. 8, as investors awaited the results of the local central bank’s first policy meeting for...
Shares rebound as rout eases valuation concerns
LOCAL SHARES bounced back on Wednesday along with the recovery of international markets, as the index’s steep decline from the 9,000 level brought back valuations...
PHL stocks extend decline, joining global sell-off
By Arra B. Francia, Reporter
SHARES continued to tumble on Tuesday as global markets continued their sell-off on fears of faster rate hikes from the United...
PSEi plunges to 8,600 level on hawkish Fed fears
By Krista A. M. Montealegre,
National Correspondent
LOCAL STOCKS took a beating at the start of the week, joining a global equity sell-off on fears that...
Stocks to consolidate ahead of BSP policy meet
LOCAL EQUITIES may continue consolidating in the week ahead, with investors setting their eyes on the first policy meeting of the Bangko Sentral ng...
Bargain hunt spurs slight recovery
PHILIPPINE EQUITIES recovered on Friday from three straight days of decline to close above the 8,800 mark, with one analyst attributing the week’s positive...
Main index declines amid valuation concerns
By Arra B. Francia, Reporter
LOCAL EQUITIES extended losses on Thursday, as concerns on the hefty valuations of stocks among investors prompted another sell-off.
The main...
PHL shares extend decline as correction continues
SHARES continued their decline on Wednesday, ending a strong month that saw nine fresh peaks with what analysts welcomed as a healthy correction.
The bellwether...
Stocks decline to track sell-off in other markets
By Arra B. Francia, Reporter
STOCKS bled on Tuesday, tracking the sell-off seen in other regional markets after hitting consecutive record highs in previous weeks.
The...