Shares retreat as high US inflation fans Fed bets
LOCAL SHARES ended lower on Thursday as high US inflation caused fears of a bigger rate hike from the Federal Reserve and despite better Philippine gross domestic product (GDP) growth in the first quarter.
Local stocks slip ahead of GDP, US inflation data
STOCKS declined on Wednesday ahead of the release of the country’s first-quarter gross domestic product (GDP) and the US inflation data, and amid the initial count of the election results.
Stocks slide on election results, Wall St. volatility
SHARES slid on Tuesday on the results of the national elections and Wall Street volatility.
Sideways trading seen ahead of election results
STOCKS may move sideways this week as the market awaits the results of the national elections held on Monday.
Trading declines on US rate hike, higher inflation
INVESTORS remained cautious as stocks ended lower during the first week of May, driven by the US Federal Reserve’s rate hike, the release of local inflation data, and amid the upcoming national elections.
PHL shares rally on Fed rate hike, policy signals
SHARES rallied on Thursday following the US Federal Reserve’s policy decision and the release of Philippine April inflation data.
Stocks rebound on bargain hunting after break
STOCKS rebounded on Wednesday on bargain hunting after the one-day trading break and ahead of the expected rate hike from the US Federal Reserve.
Weak trading seen as market waits for Fed hike
STOCKS may continue to drop as investors stay cautious ahead of the expected aggressive rate hike by the US Federal Reserve as well as the release of Philippine April inflation data.
Stocks sink ahead of Fed meeting, inflation data
SHARES continued to decline on Monday ahead of the US Federal Reserve’s policy meeting and the release of Philippine inflation data.
Volatility to continue on rate hike, inflation fears
STOCKS may continue to remain volatile this week amid rate hike fears due to rising inflation, the lockdown in China and the war in Ukraine.