PSEi closes lower as Moody’s cuts PHL growth outlook
SHARES declined on Friday after Moody’s Investors Service cut its growth outlook for the country and amid concerns over the coronavirus disease 2019 (COVID-19)...
Stocks rise as remittances hit seven-month high
PHILIPPINE shares snapped three days of decline on Thursday amid improved remittances and as the implementation of an alert level system in Metro Manila started.
Shares drop on concerns over new restrictions
PHILIPPINE SHARES declined on Wednesday on concerns over the implementation of new coronavirus disease 2019 (COVID-19) restrictions in Metro Manila.
Last-minute profit taking pulls PHL stocks down
PHILIPPINE shares declined on Tuesday due to last-minute profit taking despite trading in green territory for most of the day after the government eased coronavirus disease 2019 (COVID-19) restrictions in the capital.
PSEi drops as investors await gov’t guidelines
STOCKS closed in the red on Monday as investors waited for the final guidelines for the government’s plan to implement localized coronavirus disease 2019 (COVID-19) lockdowns in the capital.
Investors to monitor lockdown implementation
STOCKS may move sideways this week as investors monitor the government’s implementation of targeted lockdowns, which are meant to curb rising coronavirus disease 2019 (COVID-19) infections while boosting economic activity.
PH shares climb as gov’t sets new quarantine scheme
LOCAL shares closed higher on Friday as investor optimism was spurred by the recent government announcement of a new quarantine scheme.
The benchmark Philippine Stock...
PSEi drops as Fed says US economy ‘downshifted’
PHILIPPINE shares declined on Thursday along with other markets in the region after the US Federal Reserve reported slower economic activity amid a fresh surge in coronavirus disease 2019 (COVID-19) cases due to the Delta variant.
Stocks climb as metro kept under strict lockdown
PHILIPPINE shares closed in the green on Tuesday after the government decided to keep Metro Manila under strict lockdown measures due to the continued rise in coronavirus disease 2019 (COVID-19) infections.
Stocks rise as gov’t opts for targeted lockdowns
PHILIPPINE shares closed higher on Tuesday after the government eased quarantine restrictions in Metro Manila in favor of targeted lockdowns.
PSEi drops as PAL files for bankruptcy in the US
SHARES declined on Monday on profit taking and as Philippine Airlines, Inc. (PAL) filed for bankruptcy protection in the United States.
Stocks may rise ahead of inflation, labor data
STOCKS could rise this week on positive sentiment ahead of the release of latest inflation and labor data and as investors await the government’s announcement of new restrictions to curb the spread of coronavirus disease 2019 (COVID-19).