PSEi sinks 3.5% as rising virus cases cause sell-off
STOCKS ended lower on Friday as investors booked profits amid surging coronavirus disease (COVID-19) infections and stricter lockdown restrictions in some provinces.
The benchmark Philippine...
Shares extend decline on 2020 GDP contraction
STOCKS closed lower on Thursday following the release of data showing the Philippine economy continued to shrink in the fourth quarter, resulting in a full-year contraction in gross domestic product (GDP).
Stocks drop further ahead of GDP data release
SHARES closed lower on Wednesday as investors await the release of the country’s gross domestic product (GDP) data and on rising coronavirus disease 2019 (COVID-19) cases nationwide.
Shares sink on local transmission of virus strain
PHILIPPINE shares declined anew on Tuesday as the country confirmed the local transmission of the new coronavirus disease 2019 (COVID-19) variant from the United Kingdom (UK).
PSEi rebounds on bargain hunting, US stimulus
LOCAL SHARES bounced back on Monday as investors picked up bargains at the last minute and on news of a $1.9-trillion economic stimulus package being pushed in the United States.
Stocks to move sideways ahead of GDP report
SHARES are expected to move sideways this trading week as investors await the release of 2020 gross domestic product (GDP) data on Thursday.
Shares drop as investor optimism wanes on lack of leads
LOCAL shares ended lower on Friday as investor optimism was dampened on the lack of positive catalysts and the ongoing coronavirus disease 2019 (COVID-19)...
PSEi sinks as recovery prospects remain uncertain
THE MAIN INDEX closed lower on Thursday, extending its decline to a fifth day, as investors remained cautious over the deployment of coronavirus disease 2019 (COVID-19) vaccines and the country’s economic outlook.
Stocks drop further ahead of Biden inauguration
PHILIPPINE shares closed lower for the fourth consecutive day on Wednesday ahead of the upcoming change of leadership in the United States.
Local shares close lower on lack of fresh leads
STOCKS closed lower for the third straight day on Tuesday amid a lack of positive catalysts for the market and continued uncertainty over the country’s economic outlook.
Stocks extend drop on profit taking, virus worries
LOCAL SHARES ended lower on Monday as investors engaged in profit taking and amid a lack of positive catalysts for the market.
Shares to move sideways on cautious sentiment
PHILIPPINE SHARES are expected to move sideways this week, with investors seen remaining cautious as they wait for more firm signs of economic recovery.