Shares rebound ahead of US-China trade talks
THE BENCHMARK INDEX rebounded yesterday ahead of the fresh round of trade negotiations between the United States and China scheduled later this week.
PSEi declines on fears of US growth slowdown
THE MAIN INDEX slumped on Monday as investors were cautious amid fears of a slowdown in the world’s largest economy, which boosted bets of another rate cut by the US Federal Reserve.
PHL stocks to move sideways on weak sentiment
SHARES MAY move sideways in the week ahead amid generally weak investor sentiment, although some may continue bargain hunting after last week’s sell-off.
Local shares bounce back as inflation eases
LOCAL shares bounced back at the end of the trading week as investors reacted to the news of inflation easing more than expected in September and to the possibility of the Fed lowering interest rates again this month.
Trade war escalation drags PSEi to 7,500 level
THE MAIN INDEX spiraled down to the 7,500 level on Thursday, after the United States planned to raise tariffs on $7.5 billion of European goods, escalating the global trade war.
Shares fall further on weak US manufacturing data
LOCAL SHARES plunged for the fourth straight session on Wednesday, dragged by news on how the US-China trade war has hit the United States’ manufacturing sector.
PSE index extends decline on negative sentiment
THE MAIN INDEX retreated on Tuesday as investor sentiment remained dim amid fears of a global economic slowdown.
Stocks drop on concerns over US-China trade war
LOCAL EQUITIES fell on Monday, moving with most Asian indices as investors grew more concerned about the United States’ trade war with China.
Sound fundamentals not enough to lift sentiment
PHILIPPINE stocks may trade even lower in the week ahead amid a lack of catalysts that could boost investor sentiment.
Bourse ignores BSP rate cut, falls for second week
LOCAL SHARES on Friday ignored an expected boost to appetite from the Bangko Sentral ng Pilipinas’ (BSP) widely anticipated interest rate cut the preceding day and, instead, yielded to weakness on Wall Street and most other Asian bourses.
Market sits out BSP rate move on the sidelines
SHARES ended flat on Thursday as investors stayed on the sidelines ahead of the Bangko Sentral ng Pilipinas’ (BSP) sixth monetary policy review for the year that resulted in 2019’s third cut in policy interest rates, as widely expected.
Bourse manages last-minute turnaroud to end flat
THE MAIN INDEX made a last-minute turnaround on Wednesday — on the eve of the Bangko Sentral ng Pilipinas (BSP) meeting where a 25-basis-point cut on benchmark interest rates is widely expected — after spending much of the day in the red as investment sentiment worldwide took a hit from the US House of Representatives move to start an impeachment inquiry against US President Donald Trump.