Stocks inch lower on US credit rating downgrade
PHILIPPINE SHARES slipped on Monday as investors monitor the potential impact of Moody’s move to downgrade the United States’ credit rating.
The bellwether Philippine Stock...
Philippine shares may climb on bargain hunting
PHILIPPINE STOCKS may rise this week as investors hunt for bargains while awaiting more corporate results and global trade developments.
On Friday, the Philippine Stock...
PSEi drops to 6,400 level as investors book profits
PHILIPPINE STOCKS dropped further on Thursday, pulling the main index back to the 6,400 level, as investors continued to pocket their gains from the...
Stocks down on profit taking after two-day climb
PHILIPPINE STOCKS slipped on Wednesday as investors booked profits from the market’s two-day climb and monitored the release of corporate results.
The Philippine Stock Exchange...
PSEi climbs to 4-month high after US-China truce
PHILIPPINE stocks on Tuesday hit their highest close in more than four months as investors cheered the 90-day tariff truce between the US and China.
Generally peaceful elections may spur PSEi
MARKETS are expected to cheer generally peaceful midterm elections on May 12, and with Philippine President Ferdinand R. Marcos, Jr’s economic policies likely to get a boost from allies in the new Congress, analysts said.
Easing bets, midterm elections may drive PSEi
EXPECTATIONS of further policy easing after slower economic growth in the first quarter and easing inflation are expected to drive Philippine stocks this week.
Stock...
Shares drop on weaker-than-expected GDP data
STOCKS DROPPED on Thursday due to weaker-than-expected Philippine gross domestic product (GDP) growth last quarter and after the Federal Reserve warned of potential risks...
PSEi extends climb as BSP chief signals more cuts
PHILIPPINE SHARES climbed further on Wednesday on hopes for further rate cuts from the Bangko Sentral ng Pilipinas (BSP) amid easing inflation and with...
Stocks rebound as inflation sharply slows in April
PHILIPPINE STOCKS rebounded on Tuesday as headline inflation slowed to an over five-year low in April, paving the way for further monetary easing.
The bellwether...
Shares drop on profit taking before inflation data
PHILIPPINE STOCKS ended their three-day climb on Monday as investors booked profits before the release of April inflation data.
The benchmark Philippine Stock Exchange index...
Stocks may rise before PHL inflation, GDP data
PHILIPPINE STOCKS may extend their climb this week on hopes for positive inflation and gross domestic product (GDP) data.
On Friday, the bellwether Philippine Stock...