PH Stocks Retreat on Profit Taking

Manila—(PHStocks)—Philippine stocks ended the week on a weaker note Friday, 16 May, as investors lock in their gains after the rally early in the week. The mainboard Philippine Stock Exchange index (PSEi) shed 0.46% or 31.62 points to close the week at 6,817.71, keeping its foothold at the 6800 level. All counters were in the red, […]
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PH Stocks Edge Higher

Manila—(PHStocks)—Philippine stocks sustained their growth amid continued investor optimism in the country’s macroeconomic outlook. The benchmark Philippine Stock Exchange index (PSEi) further grew by 0.4% or 27.63 points to close today’s session at 6,880.44. The market, however, faced a round of profit taking, with the Mining and Oil index losing 1.01%, and the Financials, 0.75%. The gainers, […]
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PH Stocks Hit Best Finish So Far in 2014

Manila—(PHStocks)—Philippine stocks closed today’s trading on a record high for the year so far as investors buy into the market on improved macroeconomic outlook. The Philippine Stock Exchange index (PSEi) gained 0.61% or 41.47 points to close today’s trading at 6,852.81 – the highest mark yet achieved this year. This on the back of the […]
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PH Stocks Extend Gains

Manila—(PHStocks)—Philippine stocks ended the week, and the first trading day of May, on a positive note. The Philippine Stock Exchange index (PSEi) further gained 0.52% or 35.06 points to close the session at 6,742.97. All counters end in the green, led by the Mining & Oil index, which jumped by 2.27%. The wider All Shares […]
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Bloodbath Continues; PSEi Falls Back to 6,600

Manila—(PHStocks)—Philippine stocks opened the trading week on a negative note amid weak performance in the U.S. market. The Philippine Stock Exchange index (PSEi) fell by a further 1.21% or 80.75 points to close today’s trading at 6,604.35. The Services segment continued its growth, weathering the selloff to close 0.29% higher today. The remaining indices were […]
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PHStocks Week in Review: Recovery

Manila—(PHStocks)—Philippine stocks managed to pull a late-week recovery to close the month of November on a positive note. The Philippine Stock Exchange index (PSEi) closed at 6208.82 on Friday, 29 November, up by 0.63% from Thursday (28/11) and up by 2.04% from last week amid the country’s strong economic performance during the third quarter. All […]
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PH Stocks Rebound on Strong Economic Data

Manila—(PHStocks)—Philippine stocks recover Thursday, 28 November, as investor confidence get a boost from the third quarter economic data released by the National Statistical Coordination Board (NSCB). The mainboard Philippine Stock Exchange index (PSEi) jumped by nearly 2% or 116 points to close the day’s trading at 6,169.96 as the Philippines post a GDP growth of […]
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PH Stocks Break 6,600-Level

Manila—(PHStocks)—Philippine stocks continue their surge Friday, 18 October, buoyed by positive market sentiment in the United States. The Philippine Stock Exchange index (PSEi) went up by 0.72% or 46.95 points to close the week’s trading at 6,607.83, breaking past the 6,600-level as investor confidence continue to be in the high amid positive market news from […]
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