PHL stocks extend decline amid lack of catalysts
THE bellwether index continued its descent on Wednesday despite bouncing back to 8,000-territory intraday, as shares traded sideways due to lack of concrete catalysts.
The...
Main index drops below 8,000 on profit taking
THE Philippine Stock Exchange index started the so-called “ghost month” on a negative note, as investors resorted to profit-taking following the market’s 8,000-level performance...
PSEi slips as stocks consolidate anew after climb
THE MARKET opened the week in negative territory as shares consolidated following last week’s strong performance.
The bellwether Philippine Stock Exchange index (PSEi) went down...
Focus turns to Q2 results as PSEi breaches 8,000
AFTER BREACHING the psychological resistance of 8,000 points, the Philippine Stock Exchange index (PSEi) is expected to track second-quarter corporate earnings, with sentiment to...
Stocks remain above 8,000 points ahead of earnings announcements
SHARE prices kept the benchmark index above the 8,000 level at the close of trading Friday as investors took positions ahead of earnings season...
Stocks climb further as Fed keeps rates steady
LOCAL SHARES climbed further on Thursday as US markets logged record highs, with investors also factoring in the widely expected decision from the Federal...
Index ends above 8,000 as investors turn bullish
THE BELLWETHER INDEX climbed to its highest level for the year on Wednesday, breaching the 8,000 level after months of trading in consolidation phase,...
PSEi inches higher as consolidation continues
THE MAIN INDEX inched higher on Tuesday as investors seemed to gain confidence in the administration’s direction following President Rodrigo R. Duterte’s State of...
Local shares decline ahead of Duterte’s SONA
STOCKS opened the week in negative territory as the market took a breather ahead of President Rodrigo R. Duterte’s State of the Nation Address...
Investors to look to SONA, US data for catalysts
INVESTORS will look to President Rodrigo R. Duterte’s State of the Nation Address (SONA) today and corporate earnings results for possible catalysts to push...
Philippine shares rise ahead of Duterte’s SONA
LOCAL shares rose on Friday, closing just below the 8,000 level, bucking the downward trend in most Southeast Asian markets after the European Central...
Shares snap 3-day rally as investors pocket gains
STOCKS snapped their three-day rally on Thursday as investors resorted to profit-taking ahead of the release of companies’ earnings results for the first half.
The...