PHL shares end flat after Fed policy statement
Philippine shares closed flattish on Thursday as activity remained tepid with minimal volatility.
The benchmark Philippine Stock Exchange index (PSEi) slid 3.10 points or 0.05%...
Stocks drop anew on increased selling pressure
LOCAL SHARES surrendered on Wednesday as investors took profits ahead of the policy decision of the US Federal Reserve.
PSEi returns to 6,000 level on Wall Street gains
THE MAIN INDEX re-entered the 6,000 level on Tuesday as last-minute bargain hunting caused local shares to rebound from earlier intraday losses.
PSE index nears 6,000 mark on recovery hopes
THE MAIN INDEX inched closer to the 6,000 level on Monday as investors remained optimistic over the economy’s recovery amid relaxed quarantine restrictions.
Stocks to rise as Duterte signs stimulus package
PHILIPPINE SHARES are seen moving sideways this week with an upside as investors got a confidence boost from the passage of a fresh stimulus package on Friday.
Stocks rebound on economic recovery hopes
THE MAIN INDEX closed higher on Friday as investors gained some optimism before heading into the weekend.
The benchmark Philippine Stock Exchange index (PSEi) picked...
Lack of catalysts keeps main index below 6,000
THE MAIN INDEX stayed below the 6,000 level on Thursday as the lack of a strong catalyst pulled it lower at the close of trading.
PSEi sinks to 5,900 level on Wall Street’s decline
THE LOCAL MARKET surrendered to profit takers on Wednesday, pulling the main index back to the 5,900 level, following the drop in Wall Street as it reopened on Tuesday.
Bargain hunters lift PSE index back to 6,000 level
THE MAIN INDEX sustained its upward trajectory on Tuesday to break into the 6,000 level on bargain hunting as investors held on to hopes of an economic recovery.
Local shares advance on easing worries over virus
LOCAL SHARES advanced on Monday as investor worries started to ease following last week’s economic data releases and the extension of the relaxed quarantine until the end of the month.
PHL stocks to move sideways on lack of catalysts
LOCAL SHARES are expected to move sideways this week as investors continue to weigh the impact of continuing quarantine measures that restrict many sectors to limited operations.
PSEi ends higher on ‘positive’ prices, jobs data
Philippine shares ended the trading week in positive territory as investors responded favorably to recent reports on the country’s lower inflation and unemployment rates....