PSE index tracks Wall Street’s rise on Fed outlook
SHARES continued to rally on Thursday, tracking Wall Street’s performance, even as other markets in the region closed lower amid the crisis faced by China’s Evergrande.
Philippine stocks extend rally on recovery hopes
SHARES extended their climb on Wednesday on hopes of global economic recovery and as the country’s pandemic situation continued to improve, as well as anticipation for the release of third-quarter corporate earnings.
Shares climb further as COVID-19 cases decline
STOCKS went up on Tuesday on the back of the improving coronavirus disease 2019 (COVID-19) situation in the country and the implementation of the new alert level system in other areas besides Metro Manila.
Stocks rise on positive data, gradual reopening
PHILIPPINE shares continued to post gains on Monday on the back of positive economic data and eased restrictions in Metro Manila.
PSEi to move sideways ahead of firms’ Q3 results
PHILIPPINE shares are expected to move sideways this week as investors monitor the country’s coronavirus disease 2019 (COVID-19) situation and in anticipation of third quarter (Q3) corporate earnings reports.
PHL shares climb on lower alert level, positive data
STOCKS closed in the green on Friday on the back of eased restrictions in Metro Manila and positive data.
The Philippine Stock Exchange index (PSEi)...
PSEi rebounds as gov’t eases restrictions in NCR
SHARES surged on Thursday after the government’s pandemic task force eased mobility restrictions in the National Capital Region (NCR) amid a decline in coronavirus disease 2019 (COVID-19) cases.
Shares drop further as IMF cuts growth outlook
PHILIPPINE shares declined on Wednesday after the International Monetary Fund (IMF) lowered its economic growth outlook for the country and as investors remained cautious ahead of the announcement of new quarantine restrictions.
Stocks down on profit taking, inflation concerns
STOCKS inched down on profit taking and developments overseas despite optimism after data released on Monday showed renewed investor interest in the country.
PSEi surges to 7,100 level on improved sentiment
THE main index surged to the 7,100 level on Monday on optimism about the economy’s prospects on the back of the improving coronavirus disease 2019 (COVID-19) situation in the country.
Stocks to move sideways ahead of key reports
STOCKS may move sideways this week ahead of scheduled data releases from the Philippine Statistics Authority (PSA) and the Bangko Sentral ng Pilipinas (BSP) and as the country’s coronavirus disease 2019 (COVID-19) situation continues to improve.
Shares decline on last-minute profit taking
PHILIPPINE shares finished lower on Friday as market investors went on a last-minute profit taking before the end of the trading week.
The benchmark Philippine...