Stocks decline further on continued profit taking
STOCKS continued to decline on Tuesday as investors pocketed their gains from last week’s rally and following weak Philippine manufacturing activity data.
The Philippine Stock...
PSEi drops in cautious trade before inflation data
PHILIPPINE SHARES dropped on Monday to snap their five-day winning run as investors stayed on the sidelines before the release of key data later...
Stocks may extend rally on BSP’s rate cut hints
PHILIPPINE SHARES may extend their climb this week after the Bangko Sentral ng Pilipinas (BSP) chief signaled that they could kick off their rate...
Philippine shares rally, tracking Wall Street’s rise
PHILIPPINE SHARES climbed for a fourth straight day on Thursday, tracking Wall Street’s overnight rise, as bargain hunting continued ahead of the central bank’s...
Stocks extend climb before BSP policy decision
THE MAIN INDEX rallied for a third straight session on Wednesday, climbing to the 6,300 level, as investors continued to buy bargains ahead of...
PSEi rises further as foreigners turn net buyers
SHARES closed higher on Tuesday as foreigners turned net buyers after nine straight sessions of selling before the Philippine central bank’s policy meeting and...
PSEi rises to 6,200 level to end eight-day slide
PHILIPPINE STOCKS rebounded on Monday to ending their eight-day losing streak as investors bought cheap issues and amid data showing that government spending on...
Bargain hunting likely before BSP policy review
BARGAIN HUNTING may prop up Philippine shares this week after the index ended at a seven-month low on Friday, and as the market awaits...
PSEi extends slide on weak economic outlook
THE MAIN INDEX ended lower for the seventh straight session on Thursday after a global think tank said the Philippine economy is expected to...
PSEi down for a sixth straight day on foreign selling
THE PHILIPPINE Stock Exchange index (PSEi) closed lower for a sixth consecutive day on Wednesday amid increased selling pressure from foreign investors.
The benchmark index...
Philippine shares inch lower as rate cut bets ease
PHILIPPINE SHARES ended lower on Tuesday amid expectations that the Bangko Sentral ng Pilipinas (BSP) would implement fewer rate cuts this year.
The benchmark Philippine...
PSEi may move sideways in absence of leads
PHILIPPINE SHARES could move sideways this week on expectations of bargain hunting as investors look ahead to the Bangko Sentral ng Pilipinas’ (BSP) next...