Tag: index

THE benchmark index ended its four-day winning streak, closing in the red on Thursday on profit taking following developments in the coronavirus disease 2019 (COVID-19) situation in the country.

LOCAL SHARES climbed further on Wednesday on last-minute bargain hunting as optimism over the start of the government’s vaccination program continued to lift the market.

PHILIPPINE SHARES closed in the green as investors remained optimistic after the country’s coronavirus disease 2019 (COVID-19) vaccinations started.

LOCAL STOCKS climbed on Monday as investors chose to stay in the market after yields on US bonds surged last week.

PHILIPPINE SHARES are expected to climb this week as investors expect the government’s coronavirus disease 2019 (COVID-19) vaccination program to start as planned.

LOCAL SHARES are expected to correct today as February ends, with the month seeing the market underperforming amid local and global developments.

PHILIPPINE SHARES closed in the red on Wednesday as investors processed President Rodrigo R. Duterte’s decision to keep Metro Manila under strict quarantine measures until the country’s inoculation program begins.

THE BENCHMARK Philippine Stock Exchange index (PSEi) inched up on Tuesday after President Rodrigo R. Duterte said Metro Manila’s shift to a modified general community quarantine (MGCQ) will only be possible once the country starts its vaccination program.

PHILIPPINE SHARES declined on Monday as investors remained cautious ahead of President Rodrigo R. Duterte’s decision on the easing of quarantine restrictions in Metro Manila.

STOCKS are expected to climb this week as the market anticipates the possible easing of quarantine restrictions and updates on the national vaccine indemnification fund.

LOCAL SHARES declined further on Thursday on the delay in the Philippines’ inoculation program and as the US central bank said the world’s largest economy may need more stimulus as the pandemic continues.

PHILIPPINE SHARES fell on Wednesday as concerns over the Taal volcano recent activity and the peso’s weakness caused the market to become cautious.

LOCAL STOCKS climbed on Tuesday as global equities rallied and following the National Economic and Development Authority (NEDA) chief’s suggestion to further ease quarantine restrictions to help boost consumption.

LOCAL SHARES declined further on Monday as the market anticipates companies’ earnings reports and with the country’s vaccination program still being finalized.

THE MARKET is expected to trade sideways this week as investors look forward to the start of the government’s coronavirus disease 2019 (COVID-19) vaccination program and following the central bank’s decision to keep interest rates at their current record lows.

LOCAL STOCKS declined on Thursday following the release of more corporate earnings results and as investors awaited the Bangko Sentral ng Pilipinas’ (BSP) policy decision, which was announced after the market’s close.

PHILIPPINE SHARES continued to climb on Wednesday as the rise in global coronavirus cases slowed and on expectations that the central bank will keep rates low at its meeting today.

SHARES ended higher on Monday after the filing of another stimulus package meant to boost the country’s economic recovery and as the government readies its vaccination efforts.

SHARES are expected to move sideways this trading week as investors pocket their profits while they await the central bank’s decision at its first policy meeting for the year.

SHARES closed higher on Thursday after the ratification of the Corporate Recovery and Tax Incentives for Enterprises (CREATE) bill and ahead of the release of January inflation data.

THE MAIN INDEX ended in negative territory on Wednesday following news on the government’s outstanding debt and as investors booked their profits after the market’s two-day rally.

PHILIPPINE STOCKS closed higher on Tuesday as investor sentiment got a lift from the Bicameral Conference Committee’s approval of the proposed Corporate Recovery and Tax Incentives for Enterprises Act (CREATE).

PHILIPPINE SHARES bounced back on Monday as market sentiment improved due to factory activity data and the nearing arrival of coronavirus disease 2019 (COVID-19) vaccines in the country.

SHARES are projected to decline in the upcoming trading week as investors await the upcoming release of January inflation data.

STOCKS closed lower on Thursday following the release of data showing the Philippine economy continued to shrink in the fourth quarter, resulting in a full-year contraction in gross domestic product (GDP).

SHARES closed lower on Wednesday as investors await the release of the country’s gross domestic product (GDP) data and on rising coronavirus disease 2019 (COVID-19) cases nationwide.

PHILIPPINE shares declined anew on Tuesday as the country confirmed the local transmission of the new coronavirus disease 2019 (COVID-19) variant from the United Kingdom (UK).

LOCAL SHARES bounced back on Monday as investors picked up bargains at the last minute and on news of a $1.9-trillion economic stimulus package being pushed in the United States.

SHARES are expected to move sideways this trading week as investors await the release of 2020 gross domestic product (GDP) data on Thursday.

THE MAIN INDEX closed lower on Thursday, extending its decline to a fifth day, as investors remained cautious over the deployment of coronavirus disease 2019 (COVID-19) vaccines and the country’s economic outlook.

PHILIPPINE shares closed lower for the fourth consecutive day on Wednesday ahead of the upcoming change of leadership in the United States.

STOCKS closed lower for the third straight day on Tuesday amid a lack of positive catalysts for the market and continued uncertainty over the country’s economic outlook.

LOCAL SHARES ended lower on Monday as investors engaged in profit taking and amid a lack of positive catalysts for the market.

PHILIPPINE SHARES are expected to move sideways this week, with investors seen remaining cautious as they wait for more firm signs of economic recovery.

PHILIPPINE shares ended higher on Thursday, ending its two-day skid, on the government’s approval of Pfizer, Inc.’s coronavirus disease 2019 (COVID-19) vaccine for emergency use.

THE MAIN INDEX closed lower on Wednesday, extending its decline to a second day, as investors booked profits from the local market’s heavyweights.

PHILIPPINE SHARES closed in negative territory on Tuesday, ending its three-day rally, as investors opted to pocket gains following a global debt watcher’s comments on the country’s growth prospects.

STOCKS ended in positive territory on Monday as the market welcomed a proposal to amend economic provisions of the 1987 Philippine Constitution to attract more foreign investments into the country.

STOCKS are expected to climb this trading week with market sentiment getting a boost from the upcoming change of leadership in the United States (US).

PHILIPPINE SHARES closed higher on Thursday as market sentiment was lifted after the Democratic Party gained control of the United States (US) Senate and on the better showing of US markets.

SHARES declined on Wednesday as market sentiment was hit by data showing faster inflation and the continuous spread of the coronavirus disease 2019 (COVID-19) across the world.

SHARES ended in negative territory on Tuesday as investors booked their gains and as market sentiment was dampened by recent manufacturing data.

LOCAL STOCKS ended the first trading day of 2021 on a high note as investor sentiment got a lift from the ongoing rollout of coronavirus disease 2019 (COVID-19) vaccines around the world.

STOCKS are expected to climb during the first trading week of 2021 as investor sentiment is seen to improve on the developments on coronavirus disease 2019 (COVID-19) vaccines over the holiday break.

LOCAL shares closed in positive territory on Tuesday, the last trading day for the year, as investor sentiment was lifted by the signing of the 2021 national budget.