Tag: index
PSE index climbs on positive data, vaccine hopes
LOCAL SHARES rose on Thursday on the back of positive investor sentiment, particularly from foreigners, due to improved manufacturing figures and positive trials for a coronavirus disease 2019 (COVID-19) vaccine.
Stocks close flat on foreigners’ window dressing
THE MAIN INDEX closed flat at the start of the third quarter amid a 142% jump in value turnover and month-end window dressing by foreign investors.
PSEi closes higher on bargain hunting, Wall St.
THE LOCAL MARKET closed in green territory on Tuesday as US indices also rose.
Stocks drop on concerns over rising virus cases
PHILIPPINE SHARES opened the trading week lower as investors grew more cautious over the increasing number of coronavirus disease 2019 (COVID-19) cases across the world.
Shares to fall on continued rise in COVID-19 cases
LOCAL SHARES are expected to maintain a downward bias this week as weak investor sentiment over rising cases of coronavirus disease 2019 (COVID-19) patients prevail.
Stocks drop further on virus, economic worries
THE LOCAL MARKET closed lower on Thursday amid investor concerns over climbing coronavirus disease 2019 (COVID-19) cases and a dimmer outlook for the Philippine economy.
Rising coronavirus cases cause PSEi to decline
PHILIPPINE SHARES continued to slump on Wednesday on worries over rising coronavirus disease 2019 (COVID-19) cases.
Shares decline on rise in new coronavirus cases
LOCAL SHARES ended lower on Tuesday as fear over rising cases of coronavirus disease 2019 (COVID-19) patients continued to affect investor sentiment.
PHL stocks lifted by last-minute bargain hunting
By Denise A. Valdez, Reporter
THE MAIN INDEX ended Monday’s session in green territory as bargain hunters pushed the market higher at the last minute...
Shares expected to continue slump this week
PHILIPPINE SHARES are expected to keep declining this week as concerns over the coronavirus disease 2019 (COVID-19) pandemic make a resurgence and amid worries over geopolitical events.
PHL stocks climb on last-minute bargain hunting
THE MAIN INDEX ended Thursday’s session with gains as dampened investor sentiment was offset by last-minute bargain hunting.
Main index ends flat following FTSE rebalancing
THE MAIN INDEX closed flat on Wednesday on the rebalancing of the Financial Times Stock Exchange (FTSE) and tensions between China and India started to affect investor sentiment.
Stocks rebound on Fed plan to buy firms’ bonds
LOCAL SHARES closed higher on Tuesday, joining a region-wide climb, after the US Federal Reserve announced plans to help corporations amid the coronavirus disease 2019 (COVID-19) pandemic.
PSEi down by almost 5% on second wave fears
THE MAIN INDEX plummeted on Monday on increasing worries over a second wave of coronavirus disease 2019 (COVID-19) cases across the world.
Shares likely to decline as momentum runs out
THE LOCAL MARKET may continue to be full of profit takers this week as the main index undergoes correction and investor optimism starts to wane.
Shares end higher as blue chips drive rebound
LOCAL SHARES ended the trading week with gains as some blue chips lifted the main index following profit taking earlier in the day.
PSEi declines anew on profit taking, lack of leads
LOCAL SHARES failed to keep their momentum on Wednesday as profit takers swarmed the market due to the lack of a strong catalyst.
Shares extend gains amid volatile trading session
THE MAIN INDEX closed with gains on Tuesday amid a volatile trading session that saw it falling by as much as 76 points.
Drop in US unemployment lifts Philippine stocks
LOCAL SHARES bounced back on Monday as investors reacted to the unexpected rise in jobs in the United States in May.
Stocks to extend climb on positive sentiment
LOCAL SHARES are seen to extend their climb this week as businesses continue to reopen due to the relaxed quarantine.
PSEi climbs past 6,500 as virus concerns ease
LOCAL SHARES continued to surge on Thursday as the main index hit the 6,500 mark, marking the market’s best finish since pre-lockdown days.
Stocks rise further on hopes of economic rebound
THE benchmark Philippine Stock Exchange index (PSEi) maintained its surge on Wednesday as bullish investors pulled the market up on confidence over the country’s economic rebound.
PSEi back at 6,000 level on positive sentiment
THE MAIN INDEX returned to the 6,000 level on Tuesday as investors sustained their optimism over the Philippine economy’s revival.
Shares climb on first day of relaxed quarantine
PHILIPPINE SHARES sustained their upward momentum on Monday as Metro Manila embarked on the first day of a relaxed lockdown.
Market to watch case count as economy reopens
THE country’s ability to keep the number of coronavirus disease 2019 (COVID-19) cases low despite a relaxed lockdown will determine the movement of the market this week.
PSEi breaches 5,800 on relaxation of Metro Manila lockdown
THE MAIN INDEX broke into the 5,800 level at the end of Friday’s session as bulls flocked to the market on optimism over the easing of the lockdown in Metro Manila starting next week.
Hopes of relaxed lockdown lift Philippine stocks
LOCAL SHARES ended with gains on Thursday as investors looked forward to the relaxation of the Metro Manila quarantine next week.
Stocks rebound on optimism over virus vaccine
LOCAL SHARES ended Wednesday’s session higher as prospects of an anti-coronavirus disease 2019 (COVID-19) vaccine lifted investor sentiment.
PSEi dips as market waits for lockdown decision
THE MAIN INDEX closed lower on Tuesday as investors waited for an announcement about what will happen to the Metro Manila lockdown after May 31.
Worries of surge in infections to pull shares down
LOCAL SHARES are seen to decline this week on lasting worries about second waves of the coronavirus disease 2019 (COVID-19) pandemic.
Stocks to decline due to rising US-China tensions
THE MAIN INDEX is seen to close lower this week as investors continue reacting to the increasing tensions between the United States and China.
Stocks end three-day gains, declines 1.16%
THE LOCAL market fell 1.16% on Friday, ending three consecutive days of gains as worries from investors continue while the coronavirus disease 2019 (COVID-19) pandemic remains.
PSE index extends climb on positive sentiment
THE MAIN INDEX climbed for a third straight day on Thursday, mirroring the rise in Wall Street overnight amid optimism on the government’s warming stance on private partnerships.
Shares rise as stimulus hopes spur bargain hunting
THE MAIN INDEX sustained its uptrend at the close of trading on Wednesday on last-minute bargain hunting amid expectations of further stimulus from the US government.
PHL stocks rebound on news of antiviral drug
LOCAL SHARES recovered on Tuesday as prospects of an antiviral drug against the coronavirus disease 2019 (COVID-19) sparked optimism among investors.
Shares close lower on lack of positive catalysts
PHILIPPINE shares closed lower on Monday as trading was muted on the lack of positive catalysts.
Stocks to move sideways on US-China conflict
LOCAL SHARES are expected to move sideways this week as investors monitor the Sino-US conflict.
Local shares decline on fresh US-China tensions
THE main index gave up its gains on Friday and settled at the 5,500 level, as increasing tensions between the United States and China pushed investors away from the local bourse.
PHL shares rise amid decline in global markets
PHILIPPINE SHARES bounced back yesterday as investors turned to the local market amid the decline in regional and global equities.
Stocks drop as Metro Manila remains on lockdown
LOCAL SHARES retreated on Wednesday as investors assessed the economic impact of the government’s decision to keep the National Capital Region on lockdown for another two weeks.
PSE index closes lower on extended quarantine
THE MAIN INDEX closed in red territory yesterday as investor sentiment turned sour on the extension of the lockdown in Metro Manila, Laguna and Cebu City until the end of the month.
Stocks up on hopes of relaxed lockdown measures
LOCAL SHARES closed higher on Monday as investors expect positive news from the government regarding the easing of lockdown measures at the end of this week.
Local shares to move sideways on ECQ decision
LOCAL SHARES may move sideways this week as investors digest talks between the United States and China and watch out for announcements on an extension or lifting of the enhanced community quarantine (ECQ) in Metro Manila.
Stocks down as investors fear economic impact of pandemic
WORRIES of a worsening economy left investors wary, pulling down the 30-member main stock index to close lower a day after the country saw a contraction in gross domestic product (GDP) that ended a 21-year growth streak.
Local shares close higher on bargain hunting
LOCAL SHARES closed higher on Thursday as investors ignored the economic contraction reported in the first quarter and instead went bargain hunting on the market.
