Home Tags Stocks

Tag: stocks

Shares end higher as market hunts for bargains

SHARES firmed up on Wednesday as investors continued their bargain hunting after the heavy sell-off seen in the previous week.

Main index returns to 7,700 level as selling eases

THE MAIN INDEX clawed its way back to the 7,700 level on Tuesday as foreign investors slowed their selling spree.

PSEi climbs on market optimism on RRR cut, Q2

LOCAL EQUITIES climbed on Monday as investors turned optimistic on the reserve requirement ratio (RRR) cut as well as a potentially better second quarter due to election spending.

Shares to decline further on US-China trade war

LOCAL SHARES may dive further in the week ahead as foreign investors continue their sell-off in the face of the ongoing trade war between the United States and China.

PSEi caps five days of losses after BSP’s RRR cut announcement

THE PHILIPPINE STOCK EXCHANGE index (PSEi) snapped a five-day losing streak on Friday, with the financial sectoral index gaining the most a day after the Bangko Sentral ng Pilipinas (BSP) announced a 200 basis point phased cut to big banks’ 18% reserve requirements ratio (RRR).

PSEi sinks to 2019 trough as investors flee market

THE MAIN INDEX fell for the fifth straight session on Thursday on continued foreign outflows, with investors moving away from equities due to uncertainties in the US-China trade war.

Stocks decline further as foreign selling persists

LOCAL EQUITIES dropped on Wednesday as foreign investors continued to exit the market.

Shares plunge as China hikes tariffs on US goods

SHARES PLUNGED on Tuesday after China’s tariff hike retaliation against the United States, alongside impacts of the MSCI rebalancing.

Main index to move sideways on earnings, polls

THE MAIN INDEX may move sideways in the week ahead as investors digest the results of the midterm elections alongside more corporate earnings results for the first quarter.

Shares suffer bloodbath on US-China trade row

LOCAL EQUITIES suffered a bloodbath last week alongside global markets after the United States delivered on its promise to more than double tariffs on $200 billion worth of Chinese goods.

Shares decline further as US-China trade woes deepen

SHARES slipped on Friday as investors focused on the US’ tariff hike on $200-billion worth of Chinese goods.

Stocks plunge as economic growth disappoints

SHARES plunged on Thursday after disappointing economic growth figures in the first quarter.

PSE index ekes out gains ahead of GDP data, BSP

THE MAIN INDEX eked out gains after trading in negative territory for most of Wednesday’s session, as investors went on selective buying at the close.

Shares snap two-day decline on easing inflation

STOCKS FIRMED UP on Tuesday as investors welcomed the slower inflation reading for April.

PHL stocks slump on US-China trade deal fears

LOCAL EQUITIES fell on Monday as sentiment turned sour following US President Donald J. Trump’s threats to raise tariffs on $200 billion worth of Chinese goods.

Shares to move sideways ahead of economic data

SHARES MAY continue trading sideways albeit with an upward bias as investors watch out for April inflation data, the central bank’s policy meeting, and first-quarter earnings reports this week.

Profit-taking pulls bourse back below 8,000, capping three-session rally

THE PHILIPPINE STOCK EXCHANGE index (PSEi) failed to sustain strength seen for much of Friday, as profit-taking pulled the bourse back below the 8,000 line and capped a three-session rally.

PSE index returns to 8,000 level on S&P upgrade

LOCAL EQUITIES firmed up on Thursday, as investors reacted positively to the country’s rating upgrade from S&P Global Ratings.

Market seen riding debt rating upgrade euphoria

SHARES are seen to firm up in the remainder of the week as investors cheer the Philippines’ credit rating upgrade from debt watcher S&P Global Ratings late on Tuesday, marking the first such move since 2013 to the highest grade in the country’s history.

PSEi climbs to 7,900 level on GDP, inflation bets

THE MAIN INDEX ran past the 7,900 level on the last trading day of April, as investors were upbeat on the release of gross domestic product (GDP) and inflation data next week.

PSE index ends higher ahead of economic data

THE MAIN INDEX finished higher on Monday despite trading sideways for most of the session as investors remained cautious ahead of the release of economic data.

PHL shares to move sideways ahead of holiday

SHARES are seen to continue trading sideways in the days ahead amid a trading holiday in the middle of the week.

PSEi dips as investors await outcome of US-China trade talks

LOCAL stocks dropped on Friday as investors stayed on the sidelines amid trade negotiations between the United States and China.

Stocks extend rally as index heavyweights climb

THE MAIN INDEX firmed up on Thursday lifted by new highs recorded by index heavyweights.

Shares climb on bargain hunting, earnings bets

LOCAL EQUITIES rose on Wednesday as investors went bargain hunting on the back of optimism for good earnings results in the first quarter.

PSEi inches lower on cautiousness after quakes

THE MAIN INDEX went down on Tuesday as investors stayed cautious following an earthquake that jolted parts of Luzon on Monday afternoon.

PSE index ends flat after two-day trading break

THE MAIN INDEX ended flat on Monday as investors slowly made their way back to trading after the Holy Week break.

Stocks to move sideways as market seeks leads

STOCKS are seen to continue moving sideways in the coming days as investors watch out for shareholders’ meetings this post-Easter week.

PSEi stays above 7,800 in quiet trading ahead of break

STOCKS ended mostly flat on Wednesday as trading was quiet ahead of the Holy Week break.

PHL shares rebound on sustained foreign buying

SHARES rebounded on Tuesday, ending above the 7,800 mark, as Wall Street digested mixed quarterly results from big banks.

Stocks weaken further as investors turn cautious

LOCAL SHARES saw extended weakness, ending below the 7,800 mark on Monday as investors took money off the table ahead of the shortened trading week.

Shares to move sideways ahead of trading break

LOCAL EQUITIES may move sideways in the week ahead as analysts expect thin trading due to the Lenten season break.

Investors start digging in ahead of Holy Week holidays, 2019 budget...

THE PHILIPPINE Stock Exchange Index (PSEi) extended its weakness for the second trading day, dipping below the 7,900 mark on Friday even as it broke a two-week fall.

PSEi slips below 8,000 as trading volume thins

LOCAL SHARES dropped on Thursday as investors paused following the previous session’s flight past the 8,000 level.

PSE index rises to 8,000 level on bargain hunting

THE MAIN INDEX advanced to the 8,000 level on Wednesday as investors went bargain hunting following the short break, alongside foreign investors’ bullish position on the local bourse.

Shares seen sideways as market hunts for leads

SHARES MAY continue trading sideways this week as investors wait for new leads that could help lift sentiment.

PSEi climbs to 7,900 to track Wall Street’s gain

THE MAIN INDEX breached the 7,900 level on Monday, tracking Wall Street’s gains last Friday.

Shares to move lower ahead of Holy Week break

SHARES MAY edge lower in the following days as investors take a break for the upcoming Holy Week.

PSEi rises on slower-than-expected inflation

LOCAL equities climbed on Friday amid slower-than-expected inflation results for the month of March.

Shares decline ahead of March inflation report

LOCAL SHARES dropped on Thursday as investors stayed on the sidelines ahead of the release of inflation data on Friday.

PSE index inches higher ahead of inflation data

THE MAIN INDEX climbed on Wednesday, albeit minimally, after the Asian Development Bank (ADB) trimmed its growth forecast for the country this year.

Shares climb on China, US manufacturing data

SHARES FIRMED UP on Tuesday along with international markets on the back of strong manufacturing data from the United States and China.

Stocks decline on profit taking after weak data

LOCAL EQUITIES dropped on the first trading day of April as investors went profit taking following weak data released last Friday.

Shares may rally ahead of March inflation report

LOCAL SHARES are seen to rally in the week ahead as investors await the release of March inflation data.

Window dressing, US-China trade hopes lift PSEi

THE MAIN INDEX ended March on a positive note, even as it was down from the previous week, partly on month-end window dressing and in step with other bourses that took heart from a fresh round of Sino-US trade talks well into next week.