Tag: index

PHILIPPINE SHARES continued their positive performance on Thursday on bargain hunting and the release of the country’s gross domestic product (GDP) growth data.

LOCAL SHARES ended flat on Wednesday as investors decided to wait it out until the release of the gross domestic product (GDP) data for the fourth quarter of 2019 on Thursday.

THE MAIN INDEX continued its decline on Tuesday due to regulatory risks that are hounding the Ayala group.

THE MAIN INDEX took a nosedive on Monday due to the slump in Ayala-owned stocks, which followed remarks from the Office of the President regarding one of the company’s properties in University of the Philippines Diliman.

TRADING at the stock market is seen to stay quiet until the government’s scheduled release of its gross domestic product (GDP) report this week.

PHILIPPINE shares recovered on Friday due to favorable developments in the international scene.

PHILIPPINE STOCKS continued to decline on Thursday as investors chose to flock to Wall Street amid lingering concerns following the signing of the phase one trade deal between United States and China.

PHILIPPINE SHARES joined their regional peers in an upsetting trading close on Wednesday as investors reacted to news that US tariffs on Chinese goods will remain despite the signing of the phase one trade deal.

LOCAL SHARES opened the trading week slightly higher as bargain hunters emerged upon the resumption of business operations in the country on Tuesday.

THE RESUMPTION of trading today is seen to take cues from the slated signing of the US-China phase one deal tomorrow, as investors around the world keep a close watch on any development between the two countries’ attempt to end their two-year trade war.

THE MAIN INDEX is seen to be buoyed by global events in the coming week as eyes are focused on the scheduled signing of the Sino-US trade deal on Wednesday.

THE main index ended lower at the close of the week as investors decided to hold off in anticipation of the signing of the trade pact between United States and China next week.

LOCAL SHARES kept fluctuating on Thursday, bouncing back to record a gain yesterday as investor concerns on the US-Iran friction eased.

THE MAIN INDEX returned to red territory on Wednesday after investors shied away from the market due to increasing tensions between the United States and Iran.

STOCKS recovered on Tuesday amid favorable developments in the local scene, and investors shrugging off the December 2019 inflation data, which was the fastest since June 2019.

PHILSTOCKS Financial, Inc. is seeing the main index finishing the year within the 8,700 to 8,800 level, backed by growth of company earnings and complemented by economic growth despite uncertainties in the local and international fronts.

SHARES failed to sustain their gains on Monday as geopolitical issues caused investors to be more cautious.

THE Philippines’ main index showed its first climb after three days on Friday as investors took cues on the mild improvement in the Philippines’ factory output for December.

PHILIPPINE STOCKS tanked on the first day of trading for 2020 as money flew to China following its central bank’s decision to reduce banks’ reserve requirement ratio (RRR) and as uncertainty continues to hover on water stocks and ABS-CBN Corp. due to a rift with the government.

LOCAL SHARES are seen to move upwards on the first trading day and week of 2020 as investors expect the signing of the national budget for this year and positive developments in the US-China trade war.

LOCAL shares continued its sluggish performance on the last trading day of 2019, on as investors took profits ahead of the long holiday.

PHILIPPINE SHARES failed to sustain their gains on Thursday as investors anticipate little market activity as the year comes to an end.

LOCAL SHARES are seen to sustain their upward momentum on Thursday backed by the continued recovery of water stocks, window dressing, and expectations of a better year ahead.

SHARES ended in the green territory on Monday on last-minute buying despite more foreign outflows.

PHILIPPINE STOCKS are seen to trade lower at the close of the decade as uncertainty continues to loom until after the holidays.

LOCAL SHARES managed to recover towards the end of the trading day after falling early on Friday, giving investors some respite from a week that has seen some stocks stumbling on negative sentiments on those in the water business.

LOCAL STOCKS failed to hold on to gains on Thursday as investors were worried about the impeachment of US President Donald Trump.

PHILIPPINE SHARES continued their recovery on Wednesday as water stocks surged on the back of favorable developments in their issues with the government.

LOCAL SHARES climbed on Tuesday as investors turned bargain hunters following positive global developments.

THE MAIN INDEX slumped on Monday as the market started consolidating following last week’s rally.

LOCAL SHARES are seen to trade sideways this week as investors wait on any developments in the US-China trade talks and the Dec. 15 deadline for imposing tariffs on Chinese goods.

THE main index ended on a high note this week as investors turned bullish after positive developments on the Sino-US trade talks and the Philippine central bank’s decision to keep interest rates unchanged.

LOCAL SHARES traded lower on Thursday in anticipation of the last policy meeting of the Bangko Sentral ng Pilipinas (BSP), which concluded after the market closed.

SHARE prices bounced back on Wednesday as the deadline to impose US tariffs on Chinese products inched closer while the Fed meeting drove investors to Philippine stocks.

LOCAL SHARES continued to drop on Tuesday as investors chose to stay on the sidelines ahead of the policy meetings of the US Federal Open Market Committee (FOMC) and the Bangko Sentral ng Pilipinas.

PHILIPPINE SHARES failed to sustain their recovery on Monday as investors poured money into the US market on the back of better jobs market data.

PHILIPPINE STOCKS are seen to move this week in accordance with market sentiment on the central bank’s policy meeting and any tariff adjustments by the United States on Chinese products -- two events scheduled in the coming week.

PHILIPPINE SHARES managed to crawl back above 7,800 on Friday even as investors had already factored in November inflation that came in as expected by the market.

THE MAIN INDEX recorded its third straight day of decline on Thursday amid the pickup in November inflation and positive developments in the US-China trade negotiations.

SHARES continued their sluggish performance on Wednesday amid developments here and abroad.

THE MAIN INDEX slipped on Tuesday as the local bourse mirrored the decline in Wall Street trading on Monday, which took cues from the uncertainties over the US-China trade agreement.

THE LOCAL BOURSE welcomed the Yuletide season with glee as Philippine shares increased on positive sentiment on China’s purchasing managers index (PMI) and Sino-US trade negotiations.

PHILIPPINE SHARES may trade higher in the coming week amid the government’s release of its November inflation report and the rate cut announcement in the week that will follow.

LOCAL shares were down for the second straight day as investors continue to worry on the Sino-US trade talks following US President Donald Trump’s signing of a pro-Hong Kong legislation.

PHILIPPINE SHARES failed to sustain its recovery on Thursday, reflecting the downward performance of Asian markets after the US decided to sign a bill supporting protesters in Hong Kong, which could negatively impact developments in the US-China trade war.