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YIELDS ON government securities (GS) traded on the secondary market continued to climb slightly last week due to the market’s correction after significant declines seen last month.
INFLATION further eased for the fifth straight month in March, the Philippine Statistics Authority (PSA) reported, lending support to the central bank’s view that price increases will ease this year even as officials signaled caution against swift plans to cut policy rates.
MEGAWIDE CONSTRUCTION Corp. was one of the most actively traded stocks in the Philippine Stock Exchange last week on account of the attractiveness of the company’s future growth prospects according to analysts.
WITH THE DOWNTREND in inflation allowing room for the central bank to retain or cut key interest rates, analysts remain bullish on bank stocks this year as they expect banks’ to net higher earnings and at the same time, lower funding costs.
YIELDS on government securities (GS) traded on the secondary market went sideways as traders anticipate the planned auction of new retail Treasury bonds.
THE country’s industrial production posted a double-digit contraction in December – its biggest in 13 months, the Philippine Statistics Authority (PSA) reported this morning.
INFLATION, as experienced by low-income families, further eased in December, driven by a slowdown in price increases in food and utilities, the Philippine Statistics Authority (PSA) said.
THE OVERALL year-on-year increase in prices of widely used goods eased for the second straight month in December by its slowest pace in seven months, the Philippine Statistics Authority reported on Friday, giving the central bank room to consider the impact of its next monetary policy moves on economic growth.