Tag: index

LOCAL SHARES continued to surge on Thursday as the main index hit the 6,500 mark, marking the market’s best finish since pre-lockdown days.

THE benchmark Philippine Stock Exchange index (PSEi) maintained its surge on Wednesday as bullish investors pulled the market up on confidence over the country’s economic rebound.

THE MAIN INDEX returned to the 6,000 level on Tuesday as investors sustained their optimism over the Philippine economy’s revival.

PHILIPPINE SHARES sustained their upward momentum on Monday as Metro Manila embarked on the first day of a relaxed lockdown.

THE country’s ability to keep the number of coronavirus disease 2019 (COVID-19) cases low despite a relaxed lockdown will determine the movement of the market this week.

THE MAIN INDEX broke into the 5,800 level at the end of Friday’s session as bulls flocked to the market on optimism over the easing of the lockdown in Metro Manila starting next week.

LOCAL SHARES ended with gains on Thursday as investors looked forward to the relaxation of the Metro Manila quarantine next week.

LOCAL SHARES ended Wednesday’s session higher as prospects of an anti-coronavirus disease 2019 (COVID-19) vaccine lifted investor sentiment.

THE MAIN INDEX closed lower on Tuesday as investors waited for an announcement about what will happen to the Metro Manila lockdown after May 31.

LOCAL SHARES are seen to decline this week on lasting worries about second waves of the coronavirus disease 2019 (COVID-19) pandemic.

THE MAIN INDEX is seen to close lower this week as investors continue reacting to the increasing tensions between the United States and China.

THE LOCAL market fell 1.16% on Friday, ending three consecutive days of gains as worries from investors continue while the coronavirus disease 2019 (COVID-19) pandemic remains.

THE MAIN INDEX climbed for a third straight day on Thursday, mirroring the rise in Wall Street overnight amid optimism on the government’s warming stance on private partnerships.

THE MAIN INDEX sustained its uptrend at the close of trading on Wednesday on last-minute bargain hunting amid expectations of further stimulus from the US government.

LOCAL SHARES recovered on Tuesday as prospects of an antiviral drug against the coronavirus disease 2019 (COVID-19) sparked optimism among investors.

PHILIPPINE shares closed lower on Monday as trading was muted on the lack of positive catalysts.

LOCAL SHARES are expected to move sideways this week as investors monitor the Sino-US conflict.

THE main index gave up its gains on Friday and settled at the 5,500 level, as increasing tensions between the United States and China pushed investors away from the local bourse.

PHILIPPINE SHARES bounced back yesterday as investors turned to the local market amid the decline in regional and global equities.

LOCAL SHARES retreated on Wednesday as investors assessed the economic impact of the government’s decision to keep the National Capital Region on lockdown for another two weeks.

THE MAIN INDEX closed in red territory yesterday as investor sentiment turned sour on the extension of the lockdown in Metro Manila, Laguna and Cebu City until the end of the month.

LOCAL SHARES closed higher on Monday as investors expect positive news from the government regarding the easing of lockdown measures at the end of this week.

LOCAL SHARES may move sideways this week as investors digest talks between the United States and China and watch out for announcements on an extension or lifting of the enhanced community quarantine (ECQ) in Metro Manila.

WORRIES of a worsening economy left investors wary, pulling down the 30-member main stock index to close lower a day after the country saw a contraction in gross domestic product (GDP) that ended a 21-year growth streak.

LOCAL SHARES closed higher on Thursday as investors ignored the economic contraction reported in the first quarter and instead went bargain hunting on the market.

THE MAIN INDEX ended lower on Wednesday as general investor sentiment remained cautious over the brewing Sino-US tensions.

THE PHILIPPINE market emerged as one of Asia’s best performers on Tuesday as the main index bounced back on the president’s apology to listed water concessionaires.

THE MAIN INDEX snapped its three-day climb on Monday due to record low manufacturing data in April and brewing tensions between the United States and China.

LOCAL SHARES are seen to climb this week as investors expect a recovery in some sectors with the easing of rules for areas under enhanced community quarantine (ECQ) and general community quarantine (GCQ).

BPI Securities Corp. is downgrading its 2020 projection for the Philippine Stock Exchange index (PSEi) to 6,600 from its initial estimate of 9,000 due to the coronavirus disease 2019 (COVID-19) pandemic.

THE MAIN INDEX kept its upward trajectory yesterday as investors remained optimistic in anticipation of easing quarantine measures in select areas across the country.

LOCAL SHARES sustained their gains on Wednesday, moving in step with regional peers, as investors reacted to the gradual reopening of economies and the meeting of the US Federal Reserve.

THE LOCAL MARKET ended in the green as investors digested hints from the government of an end to the enhanced community quarantine (ECQ) and a shift to a general community quarantine (GCQ) after.

THE MAIN INDEX closed lower on Monday as investors kept assessing the economic effect of the extended enhanced community quarantine (ECQ) and the earnings reports of listed companies.

STOCKS are seen to move sideways this week as investors take cues from company earnings, guidance reports and possible monetary stimulus abroad in light of the ongoing coronavirus disease 2019 (COVID-19) pandemic.

LOCAL SHARES closed the trading week in red territory as investors were cautious due to the extension of the enhanced community quarantine (ECQ) in Metro Manila and select regions.

LOCAL SHARES snapped their three-day losing streak yesterday on the back of improved investor sentiment evidenced by a rebound in global markets.

THE MAIN INDEX marked its third straight day of decline on Wednesday as the market was taken over by profit taking.

PHILIPPINE SHARES continued to fall on Tuesday as investors reacted to the historic drop in oil prices to new lows overnight.

THE MAIN INDEX closed lower yesterday as uncertainties over the coronavirus disease 2019 (COVID-19) pandemic continued to cloud investor sentiment globally.

LOCAL SHARES are seen to remain volatile this week as the end of the Luzon lockdown looms and annual stockholders’ meetings begin.

THE LOCAL market ended on a positive note on Friday on news that the Bangko Sentral ng Pilipinas (BSP) cut its policy rates by another 50 basis points (bps) to support the economy, which is struggling from the impact of the coronavirus disease 2019 (COVID-19) pandemic.

PHILIPPINE STOCKS wiped out their gains on Thursday as profit takers entered the market and fear of the coronavirus disease 2019 (COVID-19) pandemic prevailed.

LOCAL SHARES sustained their climb on Wednesday as bargain hunters continued fanning the market’s rise.

THE MAIN INDEX sustained its climb on Tuesday and broke into the 5,700 level, as investor optimism was fueled by positive trade data from China.