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.
Shares slump as market consolidates after rally
SHARES SLUMPED on Wednesday as the local market paused for a break after rallying past the 7,800 level in previous days.
Stocks climb on improved volume, Wall Street
LOCAL EQUITIES jumped on Tuesday, benefiting from the return of investors after a long weekend alongside gains recorded across international markets.
Shares to move sideways on likely thin volume
LOCAL EQUITIES may trade sideways in the week ahead as volumes are seen to thin due to the shorter trading period alongside expectations for the US Federal Reserve to maintain rates.
PSEi books weekly gain amid trade war worries
THE MAIN INDEX posted gains last week, after a unit of one of the country’s largest conglomerates announced its plan to raise as much as P142 billion through a follow-on offering.