Tag: index
Stocks drop on worries of recession due to virus
PHILIPPINE SHARES declined yesterday on mounting worries of a recession due to the coronavirus disease 2019 (COVID-19) pandemic.
PHL shares to remain volatile amid virus fears
SHARES are expected to remain volatile this week, with investors still reacting to developments regarding the coronavirus disease 2019 (COVID-19) pandemic.
Stocks down 2.5% as fears persist over rising COVID-19 cases
LOCAL shares closed the week on a negative note as the country continues to record more cases of the 2019 coronavirus disease (COVID-19), prompting investors to book gains while wary of the impact of the pandemic on the economy.
Index posts biggest one-day rise in over a decade
THE PHILIPPINE Stock Exchange index (PSEi) saw its biggest one-day jump in almost 13 years yesterday, driven by improved investor confidence over the government’s efforts to support the economy amid the coronavirus disease 2019 (COVID-19) pandemic.
PSEi returns to 5,000 level on BSP’s RRR cut
THE MAIN INDEX broke into the 5,000 level on Wednesday as investors celebrate the central bank’s reserve ratio cut, which is seen to help address the economic impact of the coronavirus disease 2019 (COVID-19) pandemic.
Shares rebound on Fed, BSP stimulus measures
LOCAL SHARES gained some momentum yesterday as investors reacted to news of monetary easing measures in the Philippines and United States.
PSE index ends lower on selling due to virus fears
THE MAIN INDEX closed lower on Monday as most investors opted to sell due to fears amid the coronavirus disease 2019 (COVID-19) pandemic.
Shares may drop further as coronavirus spreads
LOCAL SHARES are expected to decline further this week as the country continues its efforts to stop the spread of the coronavirus disease 2019 (COVID-19).
Philippine stocks veterans see more pain after record plunge
PHILIPPINE stocks investors, crushed by the steepest plunge on record, should brace for more pain, according to the country’s seasoned market watchers.
Stocks rise in volatile session
STOCKS climbed on Friday after the massive sell-offs in the previous day.
Stocks in free fall, erasing P1.16 trillion in market value
THE Philippine Stock Exchange index (PSEi) plunged by a record 13.34% on Thursday, erasing P1.16 trillion in market value.
Shares plummet as trading resumes after halt
LOCAL SHARES crashed to historic lows yesterday as the market recorded heavy sell-offs as it reopened after a two-day shutdown.
Asian stocks fall after historic Wall Street plunge
TOKYO — Asian shares fell on Tuesday in a topsy-turvy session following one of Wall Street’s biggest one-day routs in history as headlines about the coronavirus outbreak and its global economic impact whiplashed investor sentiment.
Stocks plunge as investors assess virus impact
LOCAL SHARES plunged on Monday as investors continue to assess the economic impact of the coronavirus disease 2019 (COVID-19) pandemic.
Volatility seen amid uncertainties due to virus
LOCAL SHARES are seen to remain volatile this week as investors grapple with uncertainties brought by the coronavirus disease 2019 (COVID-19) pandemic.
Stocks rise 1% as investors, pension funds snap bargains
LOCAL stocks ended on a positive note on Friday, capping a wild week that saw the equities market reel from the continuous spread of the novel coronavirus disease (COVID-19) epidemic.
PSEi sinks to 5,700 level as coronavirus spreads
THE MAIN INDEX succumbed to the 5,700 level yesterday, seeing a massive sell-off due to lingering worries over the coronavirus disease 2019 (COVID-19) pandemic.
Main index climbs further despite cautious trade
THE MAIN INDEX marked its second consecutive day of increase yesterday, but is yet to break into the 6,400 level as investors remained cautious of the coronavirus outbreak’s economic impact.
PSE index inches higher as investors buy bargains
LOCAL SHARES saw a slightly better close on Tuesday, ending flat amid improved performances of some index members.
PHL shares plunge on worries over coronavirus
LOCAL STOCKS dropped to enter bear territory on Monday, battered by sustained worries on the coronavirus disease 2019 (COVID-19) and the collapse of oil prices globally.
PSEi to move sideways ahead of earnings reports
THE MAIN INDEX is seen to keep moving with uncertainty this week due to the coronavirus disease 2019 (COVID-19) outbreak, but a possible catalyst will be the release of earnings of index heavyweights.
Shares back in the red as PHL reports new coronavirus cases
LOCAL shares slumped back into red territory amid renewed worries as the Department of Health (DoH) on Friday reported a Filipino male with no history of travel abroad has tested positive for the coronavirus disease (COVID-19).
Main index climbs further as Feb. inflation slows
THE MAIN INDEX marked its third day of increase yesterday amid the Philippine government’s report of slower inflation last month.
PSEi advances on bargain hunting amid concerns
LOCAL SHARES sustained their climb yesterday as investors turned bargain hunters amid the coronavirus disease 2019 (COVID-19) watch.
Stocks rise ahead of G7 call on virus response
THE MAIN INDEX closed higher on Tuesday as investors across the world anticipate new measures from intergovernmental economic organization Group of Seven (G7) to address the coronavirus disease 2019 (COVID-19) outbreak.
Shares slump further on fears over virus outbreak
STOCKS dropped further on Monday on last-minute profit taking among investors as fears on the outbreak of the coronavirus disease 2019 (COVID-19) continue to weigh on the market.
Shares to extend decline on coronavirus impact
LOCAL SHARES are seen to keep dropping this week as the impact of the coronavirus disease 2019 (COVID-19) outbreak continues to haunt investors.
Stocks tumble 2.6% amid investor fears
THE main index fell by 2.6% on Friday to close the week in the negative territory as investors moved to keep their investments safe.
Index rebounds as investors pick up bargains
THE MAIN INDEX ended its three-day losing streak on Thursday, lifted by activity from bargain hunters, but still failed to break into the 7,000 level.
PSEi plunges to 6,900 level as COVID-19 spreads
THE MAIN INDEX plunged to the 6,900 level yesterday as Philippine shares continued spiralling on sustained fears from the worsening coronavirus disease 2019 (COVID-19) outbreak.
Coronavirus, earnings to drive trading at PSE
LOCAL SHARES are seen driven by investor sentiment on the coronavirus disease 2019 (COVID-19) outbreak amid tempering of the tides by the release of full year 2019 earnings by listed firms.
PSE index slumps on worries over coronavirus
THE MAIN INDEX slumped on Monday on rising investor worries across the globe over the coronavirus disease 2019 (COVID-19) outbreak.
Shares seen steady on firms’ earnings reports
LOCAL SHARES are seen to move in a stable range this week, with major catalysts being the release of corporate earnings and developments in the outbreak of the coronavirus disease 2019 (COVID-19).
PSE index falls back to 7,300 level
THE main index returned to red territory on Friday, dropping to the 7,300 level on the back of a technical pullback.
Shares rise further as China cuts benchmark rate
THE MAIN INDEX sustained its climb on Thursday as positive investor sentiment due to China’s rate cut buoyed the local bourse.
PHL stocks climb on inflows due to virus concerns
PHILIPPINE SHARES advanced on Wednesday to join its regional peers in attracting buyers due to the flight of money away from highly-affected markets of the coronavirus disease 2019 (COVID-19).
Local shares close flat amid lack of fresh leads
LOCAL SHARES closed flat on Tuesday as investors shied away from trading amid a lack of strong market catalysts.
PSE index ends higher as worries over virus ease
THE MAIN INDEX closed higher on Monday as investor worries over the coronavirus disease 2019 (COVID-19) started to wane and bargain hunters flocked the market in anticipation of corporate earnings.
PHL stocks to move sideways amid uncertainties
TRADING at the local bourse is seen to stay quiet as market players await developments that would reduce uncertainties.
Local shares down 1.6% as virus spooks investors
THE main index edged lower on Friday as investors continue to worry over the coronavirus disease 2019 (COVID-19) outbreak.
PSE index inches higher on easing virus worries
THE MAIN INDEX managed to stay up before trading closed on Thursday as investor worries over the novel coronavirus eased in favor of bargain hunting.
Shares decline anew ahead of MSCI rebalancing
PHILIPPINE STOCKS closed lower on Wednesday as investors await the announcement of Morgan Stanley Capital International’s (MSCI) rebalancing.
Main index inches higher on bargain hunting
THE MAIN INDEX edged higher on Tuesday as bargain hunters gave the market a lift before the session’s close.
Local stocks end lower as investors pocket gains
LOCAL SHARES ended lower on Monday as local investors turned sellers following last week’s surge in bargain hunters.
PHL shares to move sideways on easing concerns
PHILIPPINE STOCKS are expected to keep moving sideways this week amid an easing in worries over the novel coronavirus (nCoV) and the start of the release of corporate earnings reports.
