Tag: index

PHILIPPINE SHARES continued moving sideways on Wednesday as investors started taking into consideration the expiration of current quarantine measures in the country towards the end of the month.

LOCAL SHARES declined on Tuesday as investors started worrying about the rise in coronavirus disease 2019 (COVID-19) cases overseas.

THE MAIN INDEX ended nearly unchanged on Monday as the lack of a strong catalyst kept investors on the sidelines.

PHILIPPINE SHARES may continue falling this week due to the lack of a strong catalyst that could push it up and help it stay at the 6,000 level.

LOCAL SHARES surrendered on Wednesday as investors took profits ahead of the policy decision of the US Federal Reserve.

THE MAIN INDEX re-entered the 6,000 level on Tuesday as last-minute bargain hunting caused local shares to rebound from earlier intraday losses.

THE MAIN INDEX inched closer to the 6,000 level on Monday as investors remained optimistic over the economy’s recovery amid relaxed quarantine restrictions.

PHILIPPINE SHARES are seen moving sideways this week with an upside as investors got a confidence boost from the passage of a fresh stimulus package on Friday.

THE MAIN INDEX stayed below the 6,000 level on Thursday as the lack of a strong catalyst pulled it lower at the close of trading.

THE LOCAL MARKET surrendered to profit takers on Wednesday, pulling the main index back to the 5,900 level, following the drop in Wall Street as it reopened on Tuesday.

THE MAIN INDEX sustained its upward trajectory on Tuesday to break into the 6,000 level on bargain hunting as investors held on to hopes of an economic recovery.

LOCAL SHARES advanced on Monday as investor worries started to ease following last week’s economic data releases and the extension of the relaxed quarantine until the end of the month.

LOCAL SHARES are expected to move sideways this week as investors continue to weigh the impact of continuing quarantine measures that restrict many sectors to limited operations.

THE BENCHMARK Philippine Stock Exchange index (PSEi) snapped a five-day losing streak on Thursday on the reported improvement in local unemployment data.

LOCAL SHARES continued to drop on Wednesday as investors weighed the repercussions of relaxed quarantine measures for September.

THE MAIN INDEX continued to drop on Tuesday, marking its fourth straight day of decline, on lower local manufacturing data and geopolitical tensions involving China.

LOCAL SHARES are seen to recover this week due to improved investor sentiment as September starts.

THE LOCAL BOURSE continued declining in August, but the drop was at a much slower pace than the previous month’s, as the market lacked strong catalysts besides the rising number of coronavirus cases.

THE MAIN INDEX closed nearly flat on Thursday, trading with a negative bias as investor sentiment remained tepid due to the coronavirus disease 2019 (COVID-19) pandemic.

PHILIPPINE SHARES went down on Wednesday, along with several Asian stocks at the time of the market’s closing, as investors continued to yield to uncertainties caused by the coronavirus pandemic.

THE PHILIPPINE Stock Exchange index (PSEi) recovered on Tuesday, but still fell short of hitting the 6,000 mark on lackluster trading.

THE MAIN INDEX returned to the 5,900 level on Monday due to the absence of a strong catalyst, which caused a sell-off in more than half of blue-chip stocks.

THE STOCK MARKET is seen moving sideways in the upcoming trading week amid rising coronavirus disease 2019 (COVID-19) cases in the country.

LOCAL SHARES ended in negative territory on Thursday as investors took profits ahead of the long weekend and sought to digest the newly passed Bayanihan II economic stimulus package.

STOCKS dropped on Wednesday as investors booked profits after the shift to relaxed quarantine protocols and ahead of the central bank’s policy-setting meeting.

LOCAL SHARES closed in positive territory at the end of Tuesday’s session as investor sentiment improved on news of the return of Metro Manila and nearby provinces to relaxed lockdown protocols starting Aug. 19.

PHILIPPINE SHARES ended in negative territory on Monday as investors awaited the government’s announcement of new quarantine protocols in Metro Manila and nearby provinces.

LOCAL SHARES are expected to rally this week as investors wait for the government’s announcement on quarantine measures to be implemented in Metro Manila.

THE MAIN INDEX closed in positive territory on Thursday, breaching the 6,000 level, as investors remained hopeful of a shift to relaxed quarantine measures by next week.

PHILIPPINE SHARES continued growing on Wednesday on hopes that the lockdown will ease next week and news of a coronavirus vaccine from Russia.

LOCAL SHARES closed higher on Tuesday over investor optimism that the current two-week lockdown will not be extended beyond Aug. 18.

THE MAIN INDEX started the week with gains as investors continued looking for bargain stocks following last week’s sell-off.

LOCAL SHARES are expected to move sideways this week with a downward bias as investors continue to look for indicators that would determine the fate of businesses after the lockdown.

PHILIPPINE SHARES extended their rally on Wednesday as investors decided to buy before the government released the second-quarter gross domestic product (GDP) report.   

LOCAL SHARES recovered on Tuesday as the selling pressure started subsiding and with most investors hoping companies can endure the reimposition of stricter quarantine measures.

PHILIPPINE SHARES declined on Monday as investors went on a selling spree following the sudden implementation of stricter quarantine measures in Metro Manila and other urban provinces.

PHILIPPINE SHARES may recover this week on a technical bounce despite the wave of second-quarter earnings reports anticipated to reflect declines.

PHILIPPINE SHARES dropped on Thursday, leaving the main index below the 6,000 level ahead of the long weekend, as investors anticipated the government’s announcement on quarantine restrictions come August.

THE MAIN INDEX closed in green territory for the second consecutive day as investors stayed on the sidelines while waiting for news on the United States’ second coronavirus stimulus package.

PHILIPPINE SHARES rebounded on last-minute bargain hunting on Tuesday, but failed to return to the 6,000 level due to losses intraday caused by the lack of clarity about the government’s coronavirus disease 2019 (COVID-19) recovery plan.

LOCAL SHARES dropped on Monday as investors were worried over the likelihood Metro Manila will be placed under strict lockdown measures again.

PHILIPPINE SHARES are expected to perform better this week due to bargain hunters after weeks of market decline.

THE MAIN INDEX sank on Thursday, hitting the 5,900 level intraday before recovering at the close on last-minute bargain hunting.

THE MAIN INDEX continued to go down on Wednesday as investors erred on the side of caution, with the growing number of coronavirus disease 2019 (COVID-19) cases threatening economic recovery.

THE LOCAL MARKET ended in negative territory on Tuesday as investors were cautious amid rising coronavirus disease 2019 (COVID-19) cases in the country.