Stocks extend decline on Ayala group’s woes
THE MAIN INDEX continued its decline on Tuesday due to regulatory risks that are hounding the Ayala group.
PSE index sinks as Ayala-owned firms decline
THE MAIN INDEX took a nosedive on Monday due to the slump in Ayala-owned stocks, which followed remarks from the Office of the President regarding one of the company’s properties in University of the Philippines Diliman.
Shares to trade sideways ahead of Q4 GDP data
TRADING at the stock market is seen to stay quiet until the government’s scheduled release of its gross domestic product (GDP) report this week.
Local stocks recover on positive foreign news
PHILIPPINE shares recovered on Friday due to favorable developments in the international scene.
Shares extend decline following US-China deal
PHILIPPINE STOCKS continued to decline on Thursday as investors chose to flock to Wall Street amid lingering concerns following the signing of the phase one trade deal between United States and China.
PSE index sinks to 7,600 level on US-China talks
PHILIPPINE SHARES joined their regional peers in an upsetting trading close on Wednesday as investors reacted to news that US tariffs on Chinese goods will remain despite the signing of the phase one trade deal.
PSEi picks up on bargain hunting as trade resumes
LOCAL SHARES opened the trading week slightly higher as bargain hunters emerged upon the resumption of business operations in the country on Tuesday.
PHL stocks to take cues from US-China trade talks
THE RESUMPTION of trading today is seen to take cues from the slated signing of the US-China phase one deal tomorrow, as investors around the world keep a close watch on any development between the two countries’ attempt to end their two-year trade war.
Shares to rise on signing of US-China trade deal
THE MAIN INDEX is seen to be buoyed by global events in the coming week as eyes are focused on the scheduled signing of the Sino-US trade deal on Wednesday.
Stocks close lower as investors await US-China trade deal
THE main index ended lower at the close of the week as investors decided to hold off in anticipation of the signing of the trade pact between United States and China next week.
PHL shares end higher as US-Iran tensions ease
LOCAL SHARES kept fluctuating on Thursday, bouncing back to record a gain yesterday as investor concerns on the US-Iran friction eased.
Main index drops as US-Iran tensions escalate
THE MAIN INDEX returned to red territory on Wednesday after investors shied away from the market due to increasing tensions between the United States and Iran.