PH Stocks Up on Hope of US Budget Resolution

Manila—(PHStocks)—Philippine stocks finished on strong note Friday, 11 October, as investors remain hopeful that the U.S. budget impasse is coming to an end soon. The benchmark Philippine Stock Exchange index (PSEi) gained0.84% or 53.83 points to close the day’s trading at 6,489.8. All counters were in the green, led by the Financials (+1.56%) and Holding […]
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PH Stocks: Bulls Prevail Despite Profit Taking

Manila—(PHStocks)—Philippine stocks extended their gains Tuesday, 8 October, amid continued investor optimism in the country’s economy. The benchmark Philippine Stock Exchange index (PSEi) finished the rough trading day at 6,454.86, up by 0.18% or 11.65 points, despite losing almost 33.81 in morning trade when investors lock in their gains from the previous day’s surge. Related […]
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Third Investment Grade Rating Boosts PH Stocks

Manila—(PHStocks)—Philippine stocks extended their gains Thursday, 3 October, as Moody’s Investors Service—one of the big three credit ratings firms in the world—showed its approval of the current economic growth track of the country, ongoing fiscal and debt consolidation, political stability and improved governance by giving the Philippines its third investment grade rating today. Moody’s raised […]
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PH Stocks Succumb to New Round of Profit Taking

Manila—(PHStocks)—Philippine stocks take a breather on Friday, 20 September, as investors lock in their gains after the surge in the market on Thursday due to the U.S. Federal Reserve’s announcement that they will maintain their $85 billion bond-buying program. The benchmark Philippine Stock Exchange index (PSEi) ended 1.34% lower to 6,424.45, dragged down by International […]
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Bargain Hunting Fuels PSE Turnaround

Manila—(PHStocks)—Philippine stocks recover Thursday, 29 August, as investors hunt for bargains after massive sell-offs early in the week. The benchmark Philippine Stock Exchange index (PSEi) closed today’s trading at 5,944.21, up by 3.59% or 206.15 points. All counters are back in the green, led by the Property segment, which gained 4.64%. The Holding Firms sector went […]
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PHStocks Exclusive: Top 50 Stocks for July

Here are the top 50 performers for the month of July 2013. 1. Alphaland Corporation (PSE: ALPHA): PhP46.00, 130% 2. Oriental Peninsula Resources Group Inc. (PSE: ORE): PhP1.80, 51.3% 3. Federal Resources Investment Group Inc. (PSE: FED): PhP7.52, 41.9% 4. Lepanto Consolidated Mining Company “A” (PSE: LC): PhP0.61, 38.6% 5. Philippine Seven Corporation (PSE: SEVN): […]
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PH Stocks Recover Amid Strong Trading

Manila—(PHStocks)—Philippine stocks recover as investors hunt for bargain after weak trading last week. The benchmark Philippine Stock Exchange (PSE) index went up by 0.62% or 39.58 points to close the day’s trading at 6,443.81. Except for the Financials sector (-0.02%), all indexes were up, led by the Property sector, which gained 1.66%. The Holding Firms […]
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PH Stocks Dip on Weak Trading

Manila—(PHStocks)—Philippine stocks closed this week’s trading on a lower note amid weak trading. The mainboard Philippine Stock Exchange (PSE) index slid by 0.26% or 16.56 points to close at 6,404.23 – improving from its performance in the early session, wherein it dropped by as much as 49.94 points to the 6300 level. Except for the […]
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