Tag: index

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.

LOCAL stocks rallied on Friday amid reports of the trade dispute between the US and China may soon be settled, and expectations the inflation rate will ease this year.

SHARES bounced back on Thursday as investors welcomed the US Federal Reserve’s decision to keep rates steady, alongside end-of-the-month window dressing.

LOCAL EQUITIES fell on Wednesday as investors chose to pocket profits ahead of trade talks between the United States and China, as well as the upcoming decision of the US Federal Reserve.

THE MAIN INDEX closed relatively unchanged on Tuesday, as heavy foreign buying cushioned the negative sentiment from regional markets following heightened tensions between the United States and China.

LOCAL BROKERAGE firm COL Financial Group, Inc. is “cautiously optimistic” that the Philippine Stock Exchange index (PSEi) would end the year at the 8,600 level, as it expects inflation to further slow down and the peso to strengthen against the US dollar.

THE MAIN INDEX ended flat at the close of trading on Monday amid global fears over the US-China trade war, but still remained above the 8,000 mark.

LOCAL STOCKS are expected to continue trading sideways this week with a slight downward bias in anticipation of tamer trading during the month-end.

PHILIPPINE SHARES slipped on Friday on a lack of leads to sustain investor interest, even as it held the 8,000 line and marked the fourth straight week of gains.

THE MAIN INDEX returned to the 8,000 level on Thursday as investors shrugged off the lower-than-expected gross domestic product (GDP) data for 2018.

THE Philippine Stock Exchange, Inc. (PSE) has amended the guidelines for short-selling transactions on Wednesday, clarifying that short- selling orders will not be allowed during the market’s pre-open and pre-close phase.

THE MAIN INDEX edged lower on Wednesday on profit taking amid expectations of slower global economic growth due to the US-China trade war.

THE MAIN INDEX eked out gains on Tuesday following minimal movement due to a lack of leads.

LOCAL EQUITIES tumbled on Monday as investors adopted a wait-and-see mode ahead of the release of 2018 economic growth figures this week.

STOCKS may trade sideways in the week ahead with a possible upward bias should economic growth figures come in better than expected.

THE MAIN INDEX ended Friday at a nine-month high as heavyweights continued to rally, returning above 8,000 and marking the second straight day and third consecutive week of gains.

SHARES bounced back on Thursday as index heavyweights SM Prime Holdings, Inc. (SMPH) and Ayala Corp. (AC) recovered from heavy losses in the previous session.

HEAVYWEIGHTS dragged the main index on Wednesday as Mitsubishi Corp. reduced its stake in Ayala Corp. (AC) while the Department of Interior and Local Government’s (DILG) intent to wipe out all reclamation projects in Manila Bay hurt SM Prime Holdings, Inc. (SMPH), which has ambitious projects set in the harbor.

LOCAL STOCKS slid slightly on Tuesday as investors awaited the British parliament’s take on a historic vote on the Brexit deal, while China’s trade data brought disappointment.

THE MAIN INDEX opened the week on a positive note amid a recovery in banking stocks and news that the new real estate investment trusts (REIT) rules will be out in the first half of the year.

STOCKS MAY move sideways in the week ahead as a breather is expected to support the main index’s rally in the coming days.

SHARES fell on the last trading day of the week as investors turned cautious on the banking sector after news of Korean firm Hanjin’s $412-million loan default from five of the country’s largest banks.

SHARES CONTINUED their ascent on Thursday, bringing the main index closer to the 8,000 level on hopes of warmer trade relations between the United States and China after their officials’ meeting this week.

THE MAIN INDEX soared past the 7,900 level on Wednesday, following optimistic views on trade relations between the United States and China alongside the continued flow of foreign funds into the local bourse.

THE MAIN INDEX corrected on Tuesday as investors chose to take profit while others stayed on the sidelines, waiting for the results of the trade talks between the United States and China.

LOCAL EQUITIES booked gains on Monday as investors turned upbeat prior to the start of meetings between the United States and China to defuse their ongoing trade war.

SHARES MAY CORRECT in the week ahead on the back of profit taking after the main index hit a high of 7,801.50, while investors also anticipate the release of trade numbers for 2018.

PHILIPPINE EQUITIES climbed for a fifth straight trading day on Friday on the back of investor optimism in the face of easing inflation, with consumer stocks particularly benefiting from the latest price data.

LOCAL STOCKS surged on Thursday as investors continued to buy shares in anticipation of better inflation figures for December.

SHARES FIRMED up on the first trading day of the year amid thin volume, as investors looked ahead to the release of likely slower inflation data for December.

LOCAL EQUITIES are seen to firm up in the first trading day of 2019 as investors await the release of data on December inflation as well as the country’s economic growth.

THE local bourse tanked on the last trading day of 2018, failing to hold on to early morning gains as investors chose to take profits amid year-end window dressing.

LOCAL EQUITIES recovered on Thursday amid a stellar performance from Wall Street overnight.

SHARES TREKKED lower on Wednesday due to thin trading, while also weighed down by the weakness of markets abroad.

LOCAL EQUITIES may trade sideways in the last three trading days of 2018 amid a shortened week and as investors take a pause for the holiday break.

THE PHILIPPINE STOCK EXCHANGE index (PSEi) closed below the 7,500 mark on Friday and was lower on the week after climbing for five straight weeks, dragged down by Wall Street’s plunge ahead of a long Christmas weekend.

STOCKS SLIPPED on Thursday following the US Federal Reserve’s decision to hike benchmark rates during its last policy meeting for 2018.

SHARES SOARED on Wednesday as investors reacted positively to the drop in oil prices, which could signal slower inflation and faster growth.

LOCAL EQUITIES dropped on Tuesday, tracking the negative sentiment in global markets as investors expect a more hawkish tone from the US Federal Reserve’s upcoming meeting.

STOCKS moved sideways on Monday amid a lack of local catalysts and ahead of the US Federal Reserve’s policy meeting.

LOCAL SHARES may trade sideways in the week ahead amid a lack of leads and as investors go on break for the Christmas holidays.

LOCAL shares ended flat on Friday as market sentiment was dampened by Chinese retail sales and industrial output data showing continued weakness in the world’s second largest economy.

THE Philippine Stock Exchange, Inc. (PSE) will establish a new subsidiary that will handle its real estate assets, including its old office in Ayala Avenue, Makati City.

LOCAL EQUITIES extended gains on Thursday on hopes that the United States and China will resolve their trade dispute.

SHARES CLOSED on a positive note on Wednesday despite trading in the red for most of the day, as investors welcomed US President Donald J. Trump’s positive comments on reaching a trade deal with China.