Tag: index

STOCKS continued to decline on Wednesday as the market was weighed down by threats of new tariffs by the US on Chinese goods.

THE bull run for Philippine stocks still has legs amid tailwinds of stronger corporate earnings, cooling inflation and continued monetary stimulus.

STOCKS failed to sustain their momentum on Tuesday on last-minute profit taking due to developments in the US-China trade war.

THE MAIN INDEX surged past the 8,300 mark on Monday as investors continued to bet on monetary policy easing by the US central bank.

LOCAL STOCKS are expected to climb beyond the 8,200 mark this week amid increased trading from investors due to the release of second-quarter earnings reports.

LOCAL SHARES closed in on 8,200 on Friday — fueled partly by a return of net foreign buying — but failed to hit that level and finished lower at the end of the session amid lack of sufficient leads to sustain the lift.

LOCAL SHARES extended their gains on Thursday as investors continued to price in possible rate cuts by the US and local central banks.

LOCAL SHARES ended higher on Wednesday as investors remained on the lookout for hints on the next policy move of the US Federal Reserve.

FOREIGN investors turned net buyers of Asian stocks in June as optimism ahead of a meeting between US President Donald Trump and his Chinese counterpart Xi Jinping, along with expectations of US interest rate cuts bolstered sentiment.

SHARES CONTINUED to drop on Tuesday, following the negativity in Wall Street as investors waited for further clues from the US Federal Reserve on their decision on interest rates.

THE Philippine Stock Exchange index (PSEi) is seen to end the year within the 8,400 to 8,600 range, boosted by lower interest rates and the expected earnings growth for listed firms for the rest of the year.

MANAGERS at the three best performing Philippine equity funds see a much rosier second half for Rodrigo Duterte’s term as president, forecasting that the benchmark stock index will climb about 25% over the next three years.

LOCAL EQUITIES fell on Monday as they succumbed to the region’s weakness following strong jobs data from the United States last week.

LOCAL EQUITIES are seen to rise in the week ahead as investors get a boost from lower June inflation reported on Friday last week and expectations of better second-quarter earnings reports that are due to be released soon.

STOCKS climbed on Friday as inflation decelerated to its slowest level in almost two years in June.

LOCAL STOCKS slipped amid tepid trades on Thursday as investors stayed mostly on the sidelines ahead of the release on Friday morning of inflation data for the month of June.

THE MAIN INDEX ended mostly unchanged on Wednesday as investors stayed on the sidelines ahead of the inflation report at the end of the week.

THE Philippine Stock Exchange index (PSEi) finished the first half of 2019 with gains of 7.1%, propped up by net inflows from foreign investors as well as improvements in the economy during the period.

STOCKS firmed up on Tuesday, rising with the rest of the world as the United States and China agreed on a truce to their ongoing trade war.

LOCAL SHARES climbed on Monday on the back of the resumption of trade negotiations between the United States and China.

SHARES MAY firm up in the week ahead in line with lower inflation expectations for the month of June and amid the results of the Group of 20 (G20) summit over the weekend.

THE MAIN INDEX ended the week back below the 8,000 mark for the first time in eight trading sessions on Friday, leading a fall across Asia as investors took profit ahead of top-level Sino-US trade talks at the sidelines of the G20 summit in Osaka, Japan this weekend.

THE MAIN INDEX recovered on Thursday, as investors bought select stocks for end-of-month window dressing.

LOCAL EQUITIES fell on Wednesday as investors continued to wait on the sidelines ahead of trade negotiations between the United States and China later this week.

LOCAL SHARES slumped on Tuesday on a continued lack of catalysts that could boost investor sentiment.

THE MAIN INDEX eked out gains on Monday as investors remained cautious ahead of Washington and Beijing’s discussions on their trade relations.

LOCAL SHARES may continue rising this week on the back of window dressing and ahead of the Bangko Sentral ng Pilipinas’ (BSP) second reserve requirement ratio (RRR) cut.

STOCKS continued to climb on Friday as investors repositioned their portfolios following the Financial Times Stock Exchange index (FTSE) rebalancing, alongside the Bangko Sentral ng Pilipinas (BSP) decision.

SHARES CLIMBED on Thursday, as investors digested dovish comments from the United States Federal Reserve.

THE MAIN INDEX clawed its way back to the 8,000 level on Wednesday, rising along with the rest of the world on hopes of a trade deal between the United States and China.

THE MAIN INDEX firmed up on Tuesday despite moving sideways for most of the session as investors remained cautious ahead of several central bank meetings this week.

LOCAL EQUITIES fell on Monday ahead of the policy meetings of the US Federal Reserve and the Bangko Sentral ng Pilipinas (BSP) this week.

LOCAL SHARES are seen to firm up this week as companies are expected to report good earnings results for the second quarter.

LOCAL equities finished Friday in negative territory as investors took caution over the geopolitical tensions at home and abroad, particularly the continued worries over the US-China trade tensions and the attack on two oil tankers in the Middle East that was seen as a cause for the increase in oil prices.

THE MAIN INDEX firmed up on Thursday, recovering from the previous session’s slump as investors went bargain hunting.

SHARES may move sideways for the rest of the week as investors take profits amid a lack of leads.

LOCAL EQUITIES slipped on Tuesday as investors decided to take profits at the last minute ahead of a trading break for Independence Day.

SHARES firmed up on Monday following the positive performance of international markets last week.

SHARES continued to move higher on Friday albeit on thin trading, as investors waited for new catalysts that could boost the stock market.

THE MAIN INDEX firmed up on Thursday as investors reacted to May inflation data and a potential rate cut by the US Federal Reserve.

LOCAL SHARES may slump in the remainder of the week on the lack of positive leads.

LOCAL STOCKS failed to sustain their climb on Tuesday, reflecting the performance of the Nasdaq index which fell as US technology shares tumbled on antitrust concerns.

THE MAIN INDEX soared past the 8,000 mark on Monday, outperforming international markets as it was supported by heavy foreign buying.

LOCAL SHARES may firm up in the week ahead as investors turn upbeat on the back of easing domestic concerns and the release of May inflation data.

LOCAL EQUITIES ended the month up for the fourth straight trading day and marked the second weekly climb, buoyed by foreign buying that pushed the main index closer to the 8,000 mark last seen on May 2.