Shares drop on delays in gov’t vaccine program
PHILIPPINE SHARES closed in the red on Wednesday as investors processed President Rodrigo R. Duterte’s decision to keep Metro Manila under strict quarantine measures until the country’s inoculation program begins.
PSEi inches up as Duterte rejects shift to MGCQ
THE BENCHMARK Philippine Stock Exchange index (PSEi) inched up on Tuesday after President Rodrigo R. Duterte said Metro Manila’s shift to a modified general community quarantine (MGCQ) will only be possible once the country starts its vaccination program.
GLOBAL MARKETS | Commodities rally, stocks steady, yields off highs
By Danilo Masoni and Anshuman Daga
MILAN/SINGAPORE - Optimism about the economic outlook pushed commodity prices to new highs on Tuesday, helping stocks steady as expectations of a dovish testimony...
PHL shares drop ahead of decision on lockdown
PHILIPPINE SHARES declined on Monday as investors remained cautious ahead of President Rodrigo R. Duterte’s decision on the easing of quarantine restrictions in Metro Manila.
PSEi seen to rise on likely easing of restrictions
STOCKS are expected to climb this week as the market anticipates the possible easing of quarantine restrictions and updates on the national vaccine indemnification fund.
Stocks climb on possible easing of quarantine measures
LOCAL SHARES ended the week higher amid a recommendation to place Metro Manila under eased restriction measures as the government finalizes its vaccination program.
The...
PSEi declines further on vaccine concerns, Fed
LOCAL SHARES declined further on Thursday on the delay in the Philippines’ inoculation program and as the US central bank said the world’s largest economy may need more stimulus as the pandemic continues.
Stocks drop on Taal’s activity, inflation concerns
PHILIPPINE SHARES fell on Wednesday as concerns over the Taal volcano recent activity and the peso’s weakness caused the market to become cautious.
Local shares rise on potential lockdown easing
LOCAL STOCKS climbed on Tuesday as global equities rallied and following the National Economic and Development Authority (NEDA) chief’s suggestion to further ease quarantine restrictions to help boost consumption.
Stocks drop further as market remains cautious
LOCAL SHARES declined further on Monday as the market anticipates companies’ earnings reports and with the country’s vaccination program still being finalized.
Shares to move sideways on profit taking, BSP
THE MARKET is expected to trade sideways this week as investors look forward to the start of the government’s coronavirus disease 2019 (COVID-19) vaccination program and following the central bank’s decision to keep interest rates at their current record lows.
GLOBAL MARKETS — Stocks hit record highs; yields highest since March
By Caroline Valetkevitch
NEW YORK - MSCI's gauge of stocks across the globe rose for a 10th straight session on Friday and hit another record high as...