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PHL shares extend decline as correction continues

SHARES continued their decline on Wednesday, ending a strong month that saw nine fresh peaks with what analysts welcomed as a healthy correction. The bellwether...

Stocks decline to track sell-off in other markets

By Arra B. Francia, Reporter STOCKS bled on Tuesday, tracking the sell-off seen in other regional markets after hitting consecutive record highs in previous weeks. The...

Local shares climb on optimism in telco sector

LOCAL EQUITIES climbed on Monday, propped up mainly by telco stocks as delays in the entry of a third telco player renewed sentiments for the...

Market may take breather after climb to 9,000

By Arra B. Francia, Reporter LOCAL SHARES may take a dip in the coming days after reaching three fresh peaks last week, with foreign investors...

PSEi tops 9000 to finish at 2018’s 8th record high

By Arra B. Francia, Reporter AFTER days of flirting with the 9,000 level, the Philippine Stock Exchange index (PSEi) finally broke past this mark to...

Bourse soars above 9000 on positive sentiment

By Arra B. Francia, Reporter PHILIPPINE shares climbed to a fresh peak on Friday as investors continued to be bullish on the country’s economic growth. The...

Bourse recovers to close at 2018’s 7th record high

By Arra B. Francia, Reporter THE MAIN INDEX managed a technical rebound to close at 2018’s seventh record high on Thursday — even as it...

Bourse pulls back from record high on profit taking

SHARES on Wednesday ended a three-day rally that had seen the main index closing short of 9,000 the day before to mark the year’s...

PSEi stops short of 9,000 as GDP data fuel hopes

LOCAL EQUITIES ended Tuesday at the year’s sixth peak, closing just under a point short of the 9,000 mark as initial investor disappointment over...

Bourse closes at fresh peak ahead of Q4 GDP report

THE BOURSE extended gains for a second straight trading day to finish at the year’s fifth record high ahead of today’s fourth-quarter 2017 gross...

Q4 GDP data seen propelling stocks past 9,000

LOCAL STOCKS this week could continue their climb in the face of fourth-quarter gross domestic product (GDP) data due Tuesday that are expected to...

Bourse recovers to post weekly gain

ANTICIPATION of relatively fast Philippine fourth-quarter gross domestic product(GDP) growth and China’s better-than-expected (GDP) expansion for the same period fueled local stocks to recover...

PSE index drops on banks’ stock rights offer plans

LOCAL EQUITIES were down on Thursday, weighed down by banking stocks that recently announced plans to conduct stock rights offerings (SRO). The main index dropped 0.31%...

Stocks decline anew, tracking global markets

By Arra B. Francia, Reporter LOCAL STOCKS dropped on Wednesday, tracking the generally negative close of international markets. The Philippine Stock Exchange index (PSEi) gave up...

PSEi ekes out modest gain after intraday record

By Arra B. Francia, Reporter SHARES charged to another all-time intraday high before pulling back to post a modest gain at the end of Tuesday’s...

Stocks track Wall St.’s rise on positive sentiment

LOCAL EQUITIES climbed on Monday to track the positive finishes of international markets last Friday. The 30-member Philippine Stock Exchange index (PSEi) saw a 0.48%...

PHL shares to move lower as market consolidates

By Arra B. Francia, Reporter SHARES are seen to trade lower this week as investors reposition their portfolios, with eyes set on the release of...

PSEi ends flat as investors stay on sidelines

AFTER hitting fresh highs this week, Philippine shares closed flat on Friday, as investors chose to stay on the sidelines and reposition their portfolios. The...

Equities decline as market corrects after climb

LOCAL EQUITIES dropped on Thursday along with regional markets due to rising global bond yields. The bellwether Philippine Stock Exchange index (PSEi) gave up 1.2% or 107.04...

Shares flat as investors pocket gains from rally

By Arra B. Francia, Reporter LOCAL STOCKS were flat on Wednesday as investors resorted to profit taking ahead of the release of 2017 financial reports...

Stocks soar to 8,900 level on positive sentiment

STOCKS soared on Tuesday, pushing the main index to another all-time high as it tracked the gains of international markets. The bellwether Philippine Stock Exchange...

Stocks to consolidate after last week’s records

By Arra B. Francia, Reporter LOCAL EQUITIES are seen to take a breather this week after hitting three consecutive record highs in the first trading...

PSEi sets fresh record in Wall Street’s wake

By Patrizia Paola C. Marcelo THE Philippine Stock Exchange index (PSEi) has set a new all-time high on Friday, the latest in a string of...

Local shares inch up to fresh peak despite selling

By Krista A.M. Montealegre, National Correspondent LOCAL STOCKS scored another record high on Thursday despite facing selling pressure in early trade, with analysts suggesting that the...

PHL stocks soar past 8,700 on positive sentiment

By Krista A.M. Montealegre, National Correspondent STOCKS trekked higher to open the year, breaking past the 8,700 level for the first time to end at a...

Bourse to see muted trading as market corrects

By Krista A. M. Montealegre, National Correspondent AFTER STAGING a huge rally to close 2017, Philippine stocks may see subdued trading in the first week of...

Shares rise to new high in shortened trading week

SHARES jumped despite having only three trading days last week, allowing the main index to climb further and close the year at its 14th...

Financial marts end 2017 on a high

By Arra B. Francia, Reporter and Karl Angelo N. Vidal THE country’s financial markets ended 2017 with a bang, with the Philippine Stock Exchange index...

Stocks climb further at 2017’s close

STOCKS continued their upward trajectory on Friday, pushing the main index to book another record finish. The 30-member Philippine Stock Exchange index posted a 0.27%...

Shares post gains as window dressing continues

STOCKS continued to climb on Thursday, pushing the Philippine Stock Exchange index (PSEi) to a fresh peak, as window dressing continued to lift the...

Local stocks extend climb on window dressing

By Arra B. Francia, Reporter LOCAL EQUITIES firmed up on the last trading week of 2017 on window dressing despite thinner trading volume. The 30-member Philippine...

Shares seen sideways on 2017’s last trading days

THE MAIN INDEX will likely see thinner volume during the shortened trading week as foreign fund managers take a break for the holiday season. The...

Stocks post gains in thin trade ahead of holidays

By Arra B. Francia, Reporter LOCAL EQUITIES were up for most of last week, amid thin trading as investors stayed on the sidelines to enjoy...

Shares end week in the green on “window dressing”

STOCKS rose for a second straight day on Friday in a session analysts said was characterized by “window dressing” as fund managers rebalance their...

PSEi recovers as investors pick up select stocks

SHARES bounced back on Thursday as investors went on selective buying of some stocks.  The bellwether Philippine Stock Exchange index (PSEi) gained 0.18% or 15.67 points to...

Stocks down as volume thins ahead of holidays

EQUITIES fell on Wednesday following the passage of the tax reform program, as analysts said the market has already priced in its effects earlier this year. The...

Shares decline anew ahead of TRAIN enactment

THE MAIN INDEX yesterday failed to sustain the prior session’s gains, as investors awaited President Rodrigo R. Duterte’s signing of the ratified tax reform...

PHL stocks rebound as investors pick up bargains

By Arra B. Francia, Reporter SHARES jumped on Monday as investors went on bargain-hunting mode as the year comes to a close. The 30-member Philippine Stock...

PSEi may retest 8,500 on portfolio rebalancing

LOCAL EQUITIES may breach the 8,500 mark this week as investors rebalance their portfolios ahead of the holidays. The benchmark Philippine Stock Exchange index (PSEi)...

Stocks slump anew on US tax reform concerns

THE BENCHMARK INDEX ended this week with a slump, tracking the general downturn of regional markets. The 30-member Philippine Stock Exchange index (PSEi) dropped 1.46%...

PSEi rallies above 8,400 on Fed interest rate hike

LOCAL EQUITIES rallied past the 8,400 level on Thursday, reflecting Wall Street’s gains, as the US Federal Reserve implemented a highly anticipated interest rate...

Stocks rise as market prices in tax reform effect

By Arra B. Francia, Reporter SHARES jumped on Wednesday as investors priced up shares of companies set to be affected by the government’s tax reform...

Tax reform watch weighs on investor sentiment

ANY OPTIMISM over the Philippines’ credit rating upgrade on Monday by Fitch Ratings evaporated yesterday, as investors awaiting Congress’ ratification of tax reforms made...

Fitch upgrade cheer provides market lift

OPTIMISM over Fitch Ratings’ increase of the Philippines’ investment-grade credit score cured the bourse of initial weakness on Monday. The Philippine Stock Exchange index (PSEi)...

Stocks to take cues from BSP, Fed policy meetings

STOCKS will move depending on the results of the Bangko Sentral ng Pilipinas (BSP)’ policy meeting this week, alongside announcements from the US Federal...