Local stocks slump as PHL growth prospects dim
THE MAIN INDEX weakened anew on Wednesday, nearing its record low for the year as the sluggish outlook on the country prompted more foreign investors to pull out their funds from the local market.
Main index ekes out gain on last-minute buying
STOCKS eked out gains on Tuesday after posting losses for most of the session, as foreign investors continued to flee the market without any signs of new catalysts to bring them back.
PSE index falls on inflation, interest rate concerns
LOCAL EQUITIES slumped on Monday as investors remained cautious given inflationary pressures on the Philippine economy.
Shares to decline further amid lack of fresh leads
SHARES may continue falling in the week ahead given the lack of catalysts that may encourage investors to return to the market.
PSEi slides as investors shrug off inflation data
LOCAL equities fell amid lackluster trading on Friday following the release of September inflation data which revealed a new nine-year high.
Investors take cover ahead of inflation report
THE MAIN INDEX plunged deeper into bear territory on Thursday as investors sold stocks most affected by rising inflation and interest rates.
Main index rebounds on Fed chairman’s remarks
THE MAIN INDEX snapped its three-day losing streak on Wednesday as it took a breather from oversold conditions in previous sessions.
Stocks slump as oil prices stoke inflation concerns
LOCAL EQUITIES tumbled on Tuesday as the rise of global oil prices heightened inflation fears alongside the continued sell-off by foreign investors.
PSE index falls ahead of Sept. inflation report
LOCAL SHARES fell on Monday as investors stayed on the sidelines while anticipating the release of inflation figures on Friday.
PHL shares seen rebounding after BSP rate hike
SHARES may move upward in the week ahead as investors react to the Bangko Sentral ng Pilipinas (BSP)’s latest move to counter inflation, while awaiting the release of September consumer price index data.
PSE index continues to slide
THE Philippine stock market ended the quarter in the red, as the month-end’s window dressing failed to stem the market’s continued slide.
Stocks rebound on last-minute buying, rate hikes
LOCAL EQUITIES rebounded on Thursday as investors picked up selected stocks at the last minute, while factoring in the expected rate hikes from the Bangko Sentral ng Pilipinas (BSP) and the United States Federal Reserve.