Tag: index

LOCAL EQUITIES plunged with much of the world on Monday as investors shunned risk in the face of mounting signs of a global growth slowdown ahead.

LOCAL SHARES may edge higher this week, still supported by the central bank’s decision to keep interest rates steady last Thursday.

THE MAIN INDEX advanced to the 8,000 level on Friday, riding on positive sentiment after the local central bank chose to keep interest rates steady in its policy meeting.

LOCAL SHARES jumped on Thursday along with most of regional markets as investors cheered the US Federal Reserve’s decision to keep interest rates steady.

LOCAL SHARES recovered on Wednesday even as investors remained on the sidelines as they waited for more developments on the US-China trade talks and the Federal Reserve’s policy review.

THE MAIN INDEX ended in negative territory on Tuesday as investors took caution ahead of the policy review of the Bangko Sentral ng Pilipinas (BSP) as well as the United States’ and United Kingdom’s central banks, all slated later this week.

STOCKS jumped on Monday as investors awaited the US Federal Reserve’s policy meeting this week.

SHARES MAY continue to trade sideways in the week ahead as investors digest the government’s decision to cut growth targets.

LOCAL STOCKS rose Friday — and for the second week in a row — on the back of portfolio adjustments in the face of Financial Times Stock Exchange (FTSE) rebalancing and as uncertainty over a United States-China trade deal and Brexit drove funds towards major Asian markets.

STOCKS RETREATED on Thursday as investors remained on the sidelines amid a lack of fresh leads.

LOCAL EQUITIES rose on Wednesday even as investors grappled with another make-or-break parliamentary vote on the Brexit.

SHARES firmed up on Tuesday, tracking global indices’ performance as better retail earnings in the United States boosted sentiment.

THE MAIN INDEX moved further down the 7,700 level yesterday amid a lack of fresh catalysts that could boost investor sentiment.

LOCAL EQUITIES are seen to trade sideways in the week ahead as investors turn cautious on the supposed slowdown of the global economy, alongside lingering concerns on the trade war between the United States and China.

SHARES retreated on Friday, tracking the sell-off overseas on the back of fears of the global economic growth slowdown.

THE MAIN INDEX extended gains on Thursday, bucking negative sentiment overseas as investors were concerned over a possible slowdown in global growth.

LOCAL SHARES bounced back on Wednesday as investors turned bargain hunters after enduring losses for most of last week.

THE MAIN INDEX ended flat on Tuesday as investors were surprised at the sudden appointment of Budget chief Benjamin E. Diokno as the new governor of the Bangko Sentral ng Pilipinas (BSP).

LOCAL EQUITIES firmed up on Monday as reports of trade negotiations happening between the United States and China boosted investor optimism.

THE MOVEMENT of shares this week will depend on the release of inflation data for February -- which could dictate how the main index will perform for the rest of the year.

THE PHILIPPINE Stock Exchange index (PSEi) closed on Friday at its lowest level since nearly the start of the year as investors sold heavily amid portfolio adjustment in the face of MSCI rebalancing and after US-North Korea talks in Vietnam this week failed to yield denuclearization progress.

SHARES SUFFERED a bloodshed on Thursday on the back of the MSCI rebalancing, alongside inflation concerns at home and sluggish developments in trade war negotiations overseas.

THE Philippine Stock Exchange index (PSEi) is likely to close at the 8,900 level by end-December, driven by lower interest rates and upbeat earnings expectations for the year, according to investment bank UBS Philippines.

LOCAL EQUITIES fell on Wednesday amid a lack of catalysts, alongside foreign investors’ net selling.

THE MAIN INDEX firmed up on Tuesday, lifted by gains of index heavyweights alongside optimism on the United States and China’s trade deal.

LOCAL STOCKS are seen to firm up this week as more companies disclose their earnings results for 2018, while investors also monitor how trade negotiations between the United States and China will pan out.

THE MAIN INDEX managed to end in positive territory last week amid sideways trading for most of the period as investors awaited the release of more corporate earnings.

SHARES firmed up on Friday as updates on the United States and China’s trade negotiations helped offset fears of a slowdown in world economic growth.

SHARES slipped on Thursday as investors stayed largely on the sidelines amid lack of compelling developments even as foreigners remained predominantly buyers for the second straight day.

SHARES bounced back on Wednesday, tracking positive sentiment across the region as investors were once again upbeat on prospects for the US-China trade war negotiations.

THE MAIN INDEX fell to the 7,800 level on Tuesday on concerns over the trade negotiations between the United States and China happening this week, in addition to foreign investors’ selling spree.

LOCAL EQUITIES rose on Monday on the back of rosy prospects for the trade talks between the United States and China happening this week.

LOCAL SHARES may firm up in the days ahead following the weakness that prevailed last week, as investors await the release of 2018 financial results.

WEAKNESS returned to Philippine equities on Friday — marking the second straight weekly fall — as traders adjusted portfolios ahead of the main index’s rebalancing on Monday, as the ongoing Sino-US trade row weighed on investors’ minds amid a lack of more compelling leads at home and as foreigners snapped back to selling mode.

THE Philippine Stock Exchange index (PSEi) snapped its four-day losing streak on Thursday as foreigners returned to buying mode, but this was not enough to pull the bourse back above the 8,000 mark.

THE MAIN INDEX plunged for the fourth straight session on Wednesday, marking its worst finish in nearly a month on sustained profit taking.

THE BOURSE ended lower for the third straight trading day on Tuesday, falling below the 8,000 mark for the first time in seven sessions before clawing back just above that line as investors went on another round of profit taking, opting for second-liners instead of blue chips.

THE PHILIPPINE Stock Exchange index (PSEi) began the week lower for the second straight trading day, with investors staying cautious as fourth-quarter and full-year 2018 earnings reports begin to trickle in and amid nagging uncertainty in the trade row between the world’s two biggest economies.

THE BOURSE can be expected to coast at least through early this week, as investors await the release of listed firms’ 2018 financial results.

THE local stock market finished the week on a negative note on the lack of new catalysts to support its upward trajectory.

STOCKS RECOVERED on Thursday even as investors stayed on the sidelines ahead of the central bank’s first policy meeting of the year.

LOCAL EQUITIES slumped on Wednesday despite surging intraday, as investors earlier cheered the slower-than-expected January inflation print but eventually succumbed to profit taking.

SHARES ARE SEEN to rise on Wednesday following the better than expected inflation reading for the month of January.

LOCAL EQUITIES dropped on the first trading day of the week, as most investors paused ahead of the Chinese New Year holiday.

LOCAL SHARES may trade sideways in the week ahead as investors go on holiday ahead of the Chinese New Year, but may get a lift from expectations of a lower inflation report for January.