Stocks drop due to profit taking, lack of leads
PHILIPPINE shares went down on Wednesday as investors took profits and stayed on the sidelines while looking for fresh leads after the Christmas break.
The...
PHL shares may rise in last trading days of 2023
PHILIPPINE SHARES may rise this week as investors rebalance their portfolios before the year’s close and look towards 2024, focusing on the outlook for...
Shares dip on Wall Street’s slide, hawkish views
PHILIPPINE stocks closed lower on Thursday to track Wall Street’s performance overnight and after the local central bank chief said rates might stay “higher...
PSEi inches lower as investors wait for catalysts
PHILIPPINE shares went down slightly on Wednesday as investors looked for new catalysts that would nudge the main index above the 6,500 level.
The...
Local shares rise on positive economic outlook
PHILIPPINE shares rose on Tuesday amid an improved economic outlook and as investors anticipate a year-end window dressing.
The benchmark Philippine Stock Exchange index (PSEi)...
PSEi slips as investors pocket profits from rally
THE MAIN INDEX declined on Monday as investors pocketed their gains after the bellwether’s ascent to the 6,400 level late last week.
The benchmark Philippine...
Shares seen to move sideways amid profit taking
PHILIPPINE shares are expected to move sideways for the trading week as analysts are projecting investors to book profits after the market’s strong finish...
PHL stocks rebound as Fed hints at policy easing
PHILIPPINE SHARES rebounded on Thursday on improved investor sentiment as the US Federal Reserve kept rates steady at its final meeting this year, with...
Shares drop as market awaits Fed, BSP decisions
PHILIPPINE SHARES declined anew on Wednesday as investors anticipate the policy decisions of the US Federal Reserve and the Bangko Sentral ng Pilipinas (BSP).
The...
PSEi rises before US CPI data, policy meetings
PHILIPPINE STOCKS rose on Tuesday to end a three-day skid as investors await the release of November US consumer price index (CPI) data and...
PHL stocks drop as US jobs data fuel rate bets
STOCKS dropped further on Monday following strong US jobs data, which could support expectations that interest rates will remain steady in the world’s largest...
Fed, BSP meetings to drive this week’s trading
THE UPCOMING policy meetings of the US Federal Reserve and the Bangko Sentral ng Pilipinas (BSP) will be the main drivers of this week’s...