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Shares extend climb as US-China tensions cool

SHARES climbed on Monday, continuing to bounce back from oversold conditions last week.

Bourse surprises with ‘dizzying rally’

THE PHILIPPINE STOCK EXCHANGE index (PSEi) exited bear territory on Friday amid what one analyst described as “a dizzying rally”, but its strong recovery was not enough to prevent its third straight week-on-week drop.

PHL stocks sink further into bear market territory

THE MAIN INDEX sank deeper into bear territory on Thursday, as investors favored international markets versus placing their investments in the country.

Shares slump as Ompong triggers inflation fears

LOCAL EQUITIES plunged on Tuesday on fears of more inflationary pressures following the onslaught of typhoon Ompong last weekend.

PSE index ends flat in super typhoon’s aftermath

THE MAIN INDEX barely moved on Monday as investors stayed on the sidelines following the typhoon that ravaged some parts of the country over the weekend, alongside prevailing fears over the trade war between the United States and China.

Shares to rise as local investors return to market

SHARES are seen to move upward in the week ahead after two consecutive weeks in the red, with more local investors participating in the market amid the exit of foreign funds.

Investors fret as storm threatens

THE PHILIPPINE STOCK EXCHANGE index (PSEi) retreated on Friday from Thursday’s gain that had otherwise snapped six straight sessions of losses, as lack of compelling leads gave way to pessimism in the face of a huge storm that was expected to hit Luzon’s farms hard on Saturday at a time of spiking inflation.

PSE index halts six-day slump on selective buying

THE MAIN INDEX snapped its six-day losing streak on Thursday as investors went on selective buying of stocks with good valuations.

Emerging value in Asia’s stocks not enough to win investors

HONG KONG — Asian stocks are trading at a two-year low versus the rest of the world, but most of the region’s emerging markets are still failing to attract investors.

PHL shares decline as peso weakens to P54:$1

SHARES fell on Wednesday as the Philippine peso posted its lowest finish against the greenback in 13 years, alongside escalating trade tensions between the United States and China.

Stocks slump on US-North Korea meet concerns

LOCAL EQUITIES slumped on Tuesday as the second meeting between United States and North Korean leaders alongside the delay of President Rodrigo R. Duterte’s scheduled speech in the afternoon dampened investor sentiment.

PHL shares end flat as investors pick up bargains

SHARES opened the week on a flattish note as investors went bargain hunting, while some were still reeling from last week’s news, particularly the faster-than-expected inflation print and the US’ threat of more tariffs on Chinese products.

Sentiment to stay negative after inflation shock

SENTIMENT at the local market may still be dampened over last week’s report of a faster-than-expected inflation rate, but investors will be on the lookout for optimistic prospects here and abroad.

PSEi continues slide amid inflation concerns, foreign selling

LOCAL STOCKS fell anew on Friday as investors factored in a possible rate hike due to the higher-than-expected August inflation, alongside renewed global trade concerns.

PSEi drops as investors assess inflation’s impact

THE LOCAL BOURSE tumbled further on Thursday as the faster-than-expected August inflation print continued to roil the market and as global trade tensions further dampened sentiment.

Two more Fed hikes could trigger a US bear market, brokerage...

The Federal Reserve may trigger a U.S. equity bear market after two more interest-rate increases, according to the brokerage Stifel Nicolaus. If expectations of two...

Bitcoin falls off another cliff as cryptocurrency slump deepens

Cryptocurrencies dropped sharply for the second time in less than 24 hours, sinking toward a nine-month low amid concern that broader adoption of digital...

Shares plunge as inflation hits fresh peak in Aug.

STOCKS suffered a bloodbath during Wednesday’s trading after August inflation figures ended much higher than expected.

Trade worries caused Asian shares to deepen 2018 losses in August

ASIAN stocks slipped in August, dragged down by the trade dispute between China and the United States, while the plunge in the Turkish lira prompted some investors to sell emerging market assets.

Stocks rebound as investors make inflation bets

SHARES bounced back on Tuesday as investors placed their bets ahead of the release of August inflation data on Wednesday.

Stocks rebound as investors place bets on inflation

Shares bounced back on Tuesday, Sept. 4, as investors placed their bets ahead of release of August inflation figures on Wednesday. The 30-company Philippine Stock...

PSEi slips on profit-taking ahead of inflation data

LOCAL EQUITIES slumped on the first trading day of September as investors awaited the release of August inflation data, which is expected to clock in another fresh high.

Asian markets sink as global trade concerns return

Hong Kong — Asian markets started Monday on a negative note as trade tensions returned to the fore with Donald Trump eyeing fresh tariffs...

Shares seen to start September on positive note

SHARES are expected to rise in the week ahead, taking cues from the positive finish in August and expectations for listed companies’ plans during last quarter of 2018.

Gold drops for fifth month amid a rally in dollar, stocks

Gold is set for a fifth straight monthly decline, the longest losing run in half a decade, hit by a strengthening dollar and U.S....

Window-dressing enables bourse to end flat

THE MAIN INDEX ended Friday flat and closed the week and the month higher due to month-end window-dressing after spending most of Friday in the red due to investor caution on nagging global trade worries as well as Argentina’s and Turkey’s economic woes.

PHL stocks rebound ahead of MSCI rebalancing

LOCAL EQUITIES staged a gradual climb on Thursday, as investors looked forward to the MSCI rebalancing on Friday and amid positive sentiment across international markets.

MSCI rebalancing, positive sentiment lift stocks

Local equities staged a gradual climb on Thursday, Aug. 30, as investors looked forward to the MSCI rebalancing on Friday and the positive sentiment...

Shares slump as market consolidates after rally

SHARES SLUMPED on Wednesday as the local market paused for a break after rallying past the 7,800 level in previous days.

Stocks climb on improved volume, Wall Street

LOCAL EQUITIES jumped on Tuesday, benefiting from the return of investors after a long weekend alongside gains recorded across international markets.

Stock markets rise after US-Mexico deal

London, United Kingdom -- Stock markets climbed on Tuesday, tracking another Wall Street record following a trade deal struck between the United States and...

Shares to move sideways on likely thin volume

LOCAL EQUITIES may trade sideways in the week ahead as volumes are seen to thin due to the shorter trading period alongside expectations for the US Federal Reserve to maintain rates.

Crypto tycoons are about to learn how rich they really are

Some of the world’s biggest cryptocurrency tycoons are about to find out how much they’re really worth. The secretive bosses of Bitmain Technologies Ltd., Canaan...

Global stock markets swim higher in Wall Street’s wake

Paris -- Global stock markets rallied Monday, taking their cue from last week's record showing on Wall Street, but trading in Europe was thin...

PSEi books weekly gain amid trade war worries

THE MAIN INDEX posted gains last week, after a unit of one of the country’s largest conglomerates announced its plan to raise as much as P142 billion through a follow-on offering.

Are stock investors haunted by the Ghost Month?

Are stock investors haunted by the Ghost Month? The Hungry Ghost Month is the seventh month in the Chinese lunar calendar. During this time, the...

PSEi down on profit-taking

LOCAL STOCKS slipped on Friday as traders took profits after climbing for two consecutive days.

World Bank says demand for blockchain bond tops expectations

Washington -- The World Bank raised Aus$110 million ($80.9 million) in the first-ever blockchain bond offering following investor demand that exceeded expectations, the global...

Asian markets mixed after trade talks

Hong Kong -- Asian markets were mixed on Friday as China-US trade talks wrapped up with little progress being made, while the dollar held...

Chinese casino tycoon ‘missing’ as stocks plunge

Hong Kong -- Shares in an Asian casino operator plunged almost 20% in Hong Kong on Friday as it said its tycoon head had...

Stocks up as market awaits US-China trade talks

LOCAL EQUITIES rallied on Thursday, as investors looked to the resumption of talks between the United States and China on their ongoing trade war.

Asian markets down as China, US hold talks but impose tariffs

Hong Kong -- Asia's major markets were mostly down Thursday as China and the US exchanged fresh tit-for-tat tariffs on billions of dollars of...

PHL shares rise on investors’ selective buying

SHARES jumped on Wednesday on selective buying of large-cap stocks after investors returned to the market following the Eid’l Adha holiday.

Cryptocurrencies climb as market watchers cite short sovering

Bitcoin jumped more than 5 percent in the span of a few minutes on Wednesday, pacing a rally in cryptocurrencies as market watchers cited...

Copper’s weakness a worrying signal for global growth

LONDON -- The plunge in the price of copper by more than 20% since the beginning of June has worried analysts who see it as a bad signal for the global economy.