Market to consolidate amid holiday trading break
PHILIPPINE SHARES could end the year on a weak note as trading activity is expected to remain tepid amid this holiday-shortened trading week.
On Friday,...
PSEi may stay at 6,000 level as year winds down
PHILIPPINE STOCKS may stay above the 6,000 line on Friday, with trading activity expected to be light amid the holidays and as investors remain...
PHL stocks end flat before two-day trading break
PHILIPPINE STOCKS ended a tad higher on Tuesday on last-minute buying as players mostly stayed on the sidelines and took safe positions before the...
PSEi surges to 6,000 level on holiday optimism
PHILIPPINE SHARES surged on Monday to push the bellwether index back above the 6,000 line on improved business optimism amid the holidays and positive...
Shares may move sideways before holiday break
PHILIPPINE SHARES may trade sideways this week as investors stay cautious ahead of the holiday break and amid a lack of catalysts.
On Friday, the...
Stocks go down on profit taking before US data
PHILIPPINE STOCKS retreated anew on Thursday as traders pocketed their profits from the market’s recent climb amid a lack of fresh leads, with investors...
PHL shares inch up as investors pick up bargains
PHILIPPINE SHARES inched up again on Wednesday as investors picked up bargains and as the peso’s strength versus the dollar provided some relief.
The bellwether...
Stocks edge lower on last-minute profit taking
PHILIPPINE SHARES inched down on Tuesday on last-minute profit taking and as concerns over the economy continued to affect market sentiment.
The bellwether Philippine Stock...
Local shares extend climb on BSP easing hopes
LOCAL SHARES closed higher on Monday on expectations of further monetary easing from the Bangko Sentral ng Pilipinas (BSP) amid dismal growth prospects.
The Philippine...
Stocks may sustain momentum on policy support
PHILIPPINE SHARES may sustain their momentum and continue to climb this week following the bellwether’s return to the 6,000 level on Friday after both...
PSEi rises as Fed, BSP cut rates to boost growth
THE BELLWETHER INDEX moved higher on Thursday as both the US Federal Reserve and the Bangko Sentral ng Pilipinas (BSP) cut benchmark rates again...
PHL shares retreat, weighed by economic concerns
PHILIPPINE SHARES retreated on Wednesday as sentiment turned cautious in anticipation of the policy decisions of the US Federal Reserve and the Bangko Sentral...