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.
Local stocks up despite Trump’s tariff threat
LOCAL shares ended the week in the green, despite the United States’ fresh threats to impose more tariffs on Chinese goods.
Shares rise on PHL manufacturing activity report
LOCAL SHARES firmed up on Thursday, reversing losses seen at the start of the session as investors cheered the growth in the country’s manufacturing sector seen last month.
PSEi returns to 8,000 on US-China trade concerns
THE MAIN INDEX retreated to the 8,000 level on Wednesday following another round of warnings from the United States against China on their trade deal, alongside expectations of the US Federal Reserve’s policy decision.
Shares decline as market seeks fresh catalysts
LOCAL SHARES slumped on Tuesday as investors waited for new catalysts, especially the results of the US Federal Reserve’s policy meeting.
PSE index inches higher ahead of Fed meeting
THE MAIN INDEX eked out gains on Monday as investors mostly stayed on the sidelines ahead of the US Federal Reserve’s policy meeting.
Stocks may climb ahead of Fed policy meeting
LOCAL SHARES may rise in the week ahead as investors await the results of the US Federal Reserve’s policy meeting and amid caution on the onset of the so-called ghost month.