Stocks may rebound on second-quarter results
SHARES may move up on the first trading week of the month, as investors look toward the June inflation figure alongside corporate earnings reports for the second quarter.
PSEi close higher on last trading day of 1st half
LOCAL shares recovered on Friday, ending the first half of the year on a positive note on the back of window dressing alongside gains in international markets.
Shares drop on concerns over US-China trade war
SHARES DOVE anew on Thursday, quickly reversing gains in the previous session as trade tensions pulled down most markets overseas.
Stocks up on bargain hunting, window dressing
SHARES JUMPED on Wednesday as investors continued to hunt for bargains and fund managers started window dressing their portfolios.
Main index rebounds as investors buy bargains
LOCAL SHARES staged a last-minute rebound on Tuesday, jumping back to the 7,000 level as investors looked for bargains.
PSE index drops below 7,000 on global concerns
LOCAL EQUITIES slipped, bringing the main index below the 7,000 mark on Monday, as global trade tensions continued to bring market jitters.
Shares to trade sideways after hitting fresh low
THE MAIN INDEX is seen to trade mostly sideways in the coming days after hitting a new record low in 17 months last week due to concerns on the trade war between the United States and China alongside the peso’s depreciation.
Bourse sinks deeper as gloom persists
THE BOURSE sank deeper on Friday after straying briefly into positive territory moments before closing, marking what an analyst noted was one of the market’s steepest weekly falls in recent history.
Stocks extend decline as BSP hikes key rates anew
LOCAL EQUITIES plummeted on Thursday as bearish sentiment hounded the country, following the Bangko Sentral ng Pilipinas’ (BSP) second rate hike and the continued exit of foreign funds from the Philippine market.
Shares near bear territory on overseas tensions
LOCAL EQUITIES tumbled on Wednesday, moving closer to bear territory amid rising tensions between the United States and China.
PSEi slumps to 15-month trough on US-China rift
THE Philippine Stock Exchange index (PSEi) slumped to its lowest level in 15 months Tuesday, June 19, as the trade war between two of the world’s largest economies escalated, while analysts back home looked toward the local central bank’s policy meeting.
PHL stocks down on cautiousness ahead of BSP
LOCAL EQUITIES plunged on Monday, bringing the index to a new low for the year as investors stayed cautious ahead of the Bangko Sentral ng Pilipinas’ (BSP) meeting on Wednesday amid a weakening peso.