Local stocks continue slump
THE main index continued its descent for the second day on the back of lingering fears of an looming recession in the United States.
PSE index slips as US Treasury yields decline
LOCAL EQUITIES slipped Thursday as fears of a recession in the United States plagued sentiment both locally and overseas.
Shares rebound as investors hunt for bargains
LOCAL SHARES recovered on Wednesday as investors hunted for bargains despite continued negative sentiment due to the Hong Kong protests.
PHL stocks decline as HK protests dent sentiment
LOCAL SHARES fell on Tuesday as heightened protests in Hong Kong dragged already negative sentiment due to the US-China trade war.
Recent BSP rate cut seen to provide market lift
LOCAL SHARES may rebound in the days ahead as investors continue to digest the central bank’s most recent interest rate cut.
US-China tensions, GDP data dampen sentiment
LOCAL SHARES fell last week, as a combination of tensions from the US-China trade war, weak economic growth data, and the MSCI rebalancing took a toll on investor sentiment.
Disappointing GDP data weighs further on investors’ mood
LOCAL EQUITIES mostly headed south as the week ended, extending weakness that marked Thursday as investors further digested news of the country’s slowing economic growth.
PSE index inches down on slower Q2 GDP growth
By Arra B. Francia, Senior Reporter
THE MAIN INDEX ended slightly lower on Thursday following slower gross domestic product (GDP) expansion in the second quarter.
The...
Stocks rebound ahead of BSP meeting, GDP data
LOCAL EQUITIES bounced back on Wednesday, taking cues from the recovery of world markets as well as the series of economic data to be released on Thursday.
Local shares drop further on yuan’s devaluation
LOCAL EQUITIES retreated further on Tuesday, as trade war tensions escalated after the United States called out China for allegedly manipulating its currency.
PSEi sinks to 7,800 level on US-China tensions
THE MAIN INDEX plunged to the 7,800 level on Monday, going down with the rest of the region due to escalating trade tensions.
Market volatility seen ahead of BSP policy meet
VOLATILITY may prevail in the week ahead for local shares amid fresh trade tensions between the US and China, while investors may also look at the results of the Bangko Sentral ng Pilipinas’ (BSP) upcoming policy meeting.