PHL shares decline as peso weakens to P54:$1
SHARES fell on Wednesday as the Philippine peso posted its lowest finish against the greenback in 13 years, alongside escalating trade tensions between the United States and China.
Stocks slump on US-North Korea meet concerns
LOCAL EQUITIES slumped on Tuesday as the second meeting between United States and North Korean leaders alongside the delay of President Rodrigo R. Duterte’s scheduled speech in the afternoon dampened investor sentiment.
PHL shares end flat as investors pick up bargains
SHARES opened the week on a flattish note as investors went bargain hunting, while some were still reeling from last week’s news, particularly the faster-than-expected inflation print and the US’ threat of more tariffs on Chinese products.
Sentiment to stay negative after inflation shock
SENTIMENT at the local market may still be dampened over last week’s report of a faster-than-expected inflation rate, but investors will be on the lookout for optimistic prospects here and abroad.
PSEi continues slide amid inflation concerns, foreign selling
LOCAL STOCKS fell anew on Friday as investors factored in a possible rate hike due to the higher-than-expected August inflation, alongside renewed global trade concerns.
PSEi drops as investors assess inflation’s impact
THE LOCAL BOURSE tumbled further on Thursday as the faster-than-expected August inflation print continued to roil the market and as global trade tensions further dampened sentiment.
Shares plunge as inflation hits fresh peak in Aug.
STOCKS suffered a bloodbath during Wednesday’s trading after August inflation figures ended much higher than expected.
Stocks rebound as investors make inflation bets
SHARES bounced back on Tuesday as investors placed their bets ahead of the release of August inflation data on Wednesday.
PSEi slips on profit-taking ahead of inflation data
LOCAL EQUITIES slumped on the first trading day of September as investors awaited the release of August inflation data, which is expected to clock in another fresh high.
Shares seen to start September on positive note
SHARES are expected to rise in the week ahead, taking cues from the positive finish in August and expectations for listed companies’ plans during last quarter of 2018.
Window-dressing enables bourse to end flat
THE MAIN INDEX ended Friday flat and closed the week and the month higher due to month-end window-dressing after spending most of Friday in the red due to investor caution on nagging global trade worries as well as Argentina’s and Turkey’s economic woes.
PHL stocks rebound ahead of MSCI rebalancing
LOCAL EQUITIES staged a gradual climb on Thursday, as investors looked forward to the MSCI rebalancing on Friday and amid positive sentiment across international markets.