Tag: index

THE BOURSE on Tuesday failed to sustain upward momentum of the past three trading days due to the lack of fresh positive news on the Sino-US trade front which weighed on Wall Street and China’s market.

THE MAIN INDEX gained for the third straight trading day as the week began, joining its regional peers in cheering signs of progress in resolving the raging Sino-US trade war.

LOCAL SHARES may not have enough impetus to sustain last Friday’s gains, with developments in the Sino-US trade row expected to remain top of mind for investors.

LOCAL SHARES sustained their momentum on the last day of this week’s trading after positive developments in the trade talks between the United States and China.

SHARES recovered in yesterday’s trading amid optimism on the results of the trade negotiations between United States and China.

THE MAIN INDEX dropped to the 7,600 level on Wednesday as investors stayed on the sidelines in anticipation of the trade talks between United States and China.

THE BENCHMARK INDEX rebounded yesterday ahead of the fresh round of trade negotiations between the United States and China scheduled later this week.

THE number of listed firms compliant with Islamic principles of finance fell in the quarter ending June, the Philippine Stock Exchange, Inc. (PSE) said Monday.

THE MAIN INDEX slumped on Monday as investors were cautious amid fears of a slowdown in the world’s largest economy, which boosted bets of another rate cut by the US Federal Reserve.

SHARES MAY move sideways in the week ahead amid generally weak investor sentiment, although some may continue bargain hunting after last week’s sell-off.

LOCAL shares bounced back at the end of the trading week as investors reacted to the news of inflation easing more than expected in September and to the possibility of the Fed lowering interest rates again this month.

THE MAIN INDEX spiraled down to the 7,500 level on Thursday, after the United States planned to raise tariffs on $7.5 billion of European goods, escalating the global trade war.

LOCAL SHARES plunged for the fourth straight session on Wednesday, dragged by news on how the US-China trade war has hit the United States’ manufacturing sector.

THE MAIN INDEX retreated on Tuesday as investor sentiment remained dim amid fears of a global economic slowdown.

LOCAL EQUITIES fell on Monday, moving with most Asian indices as investors grew more concerned about the United States’ trade war with China.

PHILIPPINE stocks may trade even lower in the week ahead amid a lack of catalysts that could boost investor sentiment.

LOCAL SHARES on Friday ignored an expected boost to appetite from the Bangko Sentral ng Pilipinas’ (BSP) widely anticipated interest rate cut the preceding day and, instead, yielded to weakness on Wall Street and most other Asian bourses.

SHARES ended flat on Thursday as investors stayed on the sidelines ahead of the Bangko Sentral ng Pilipinas’ (BSP) sixth monetary policy review for the year that resulted in 2019’s third cut in policy interest rates, as widely expected.

SOME of the Philippines’ top money managers see central bank easing and low inflation pushing the nation’s equity benchmark back above the key 8,000 level.

THE MAIN INDEX made a last-minute turnaround on Wednesday — on the eve of the Bangko Sentral ng Pilipinas (BSP) meeting where a 25-basis-point cut on benchmark interest rates is widely expected — after spending much of the day in the red as investment sentiment worldwide took a hit from the US House of Representatives move to start an impeachment inquiry against US President Donald Trump.

LOCAL SHARES recovered slightly on Tuesday, as investors anticipated the Bangko Sentral ng Pilipinas’ (BSP) monetary policy decision this week.

THE MAIN INDEX barely moved, but with a negative bias, on Monday as investors stayed on the sidelines amid lingering concerns about the US-China trade war.

SHARES MAY bounce back in the coming days after the main index sustained losses for most of last week, with investors’ eyes trained on the Bangko Sentral ng Pilipinas’ (BSP) policy decision and the passage of the 2020 national budget.

THE MAIN INDEX fell for the fourth straight day, below the 7,900 line, to mark its lowest point in 12 sessions, as investors kept watch of the Financial Times Stock Exchange (FTSE) rebalancing that takes effect on Monday and anticipated another interest rate cut when the Bangko Sentral ng Pilipinas (BSP) conducts its sixth policy review for the year next Thursday, Sept. 26.

THE MAIN INDEX closed largely unchanged on Thursday as investors had already factored in the Federal Reserve’s rate cut in previous sessions.

LOCAL EQUITIES slumped on Wednesday as investors stayed on the sidelines ahead of the Federal Reserve’s policy decision due to be released early Thursday, Philippine time.

LOCAL SHARES fell on Tuesday, as the attack on key Saudi oil facilities last Saturday is now expected to prod Philippine inflation through higher oil prices.

THE MAIN INDEX managed to stage a last-minute rebound on Monday due to bargain hunting, ending nearly flat from Friday.

SHARE PRICES could rise this week as investors react to the Bangko Sentral ng Pilipinas’ (BSP) hint of more cuts in interest rates.

LOCAL SHARES firmed up on Friday, taking cues from Wall Street which was boosted by easing trade tensions between the the United States and China.

STOCKS DROPPED on Thursday as investors chose to take profit amid the lack of catalysts, even as most markets abroad rallied on easing trade tensions between the United States and China.

LOCAL SHARES recovered on Wednesday as investors bought up select names towards the market’s close, with those abroad remaining predominantly bullish for the second straight day.

THE main index snapped its four-day winning streak as investors waited for catalysts, such as policy moves of central banks abroad.

LOCAL SHARES ended higher on Monday despite weak economic data from China, which showed a contraction in exports in August as an effect of its trade dispute with the United States.

SHARES may trade sideways this week as investors remain cautious about the US-China trade war as well as whether the Philippines will meet its economic growth target.

LOCAL SHARES gained for the third straight day, joining Wall Street and major Asian markets in cheering easing US-China trade tensions, even as Friday’s finish was lower than a week ago.

LOCAL SHARES continued their recovery on Thursday on the back of slower Philippine inflation and positive developments in Hong Kong and the US-China trade war.

SHARES bounced back on Wednesday even as investors found no clear catalysts to support their trades.

THE MAIN INDEX fell on weak sentiment from US market futures due to the escalation in the US-China trade war.

LOCAL EQUITIES dropped on the first trading day of September as investors went profit taking amid a lack of catalysts.

LOCAL SHARES may tread higher this week with the end of the Chinese ghost month, alongside likely slower August inflation and another rate cut on the horizon.

THE main index bounced back to end the month at the 7,900 level, riding on the positive sentiment in Wall Street after China said it will not immediately retaliate against the United States’ tariff increase this Sunday.

LOCAL SHARES rose on Thursday on window dressing ahead of the last trading day of August.

PHILIPPINE bulls see the nation’s stock index climbing back to 8,000 later this year as corporate profits recover and economic growth accelerates.

THE MAIN INDEX recovered on Wednesday as investors picked up heavyweight stocks oversold in the previous session.