PH Stocks Extend Losses

Manila—(PHStocks)—Philippine stocks continued their slump Tuesday, 6 August, as investors stay in the sidelines ahead of the “ghost month”. The benchmark Philippine Stock Exchange (PSE) index slid by 1.37% or 88.95pts to close today’s session at 6,420.78. The Mining and Oil index continue to gain albeit slowly; today, the index inched higher by 0.23%. The […]
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PH Stocks End Losing Streak

Manila—(PHStocks)—Philippine stocks edged slightly higher on Tuesday, July 30, capping a three-day decline. The benchmark Philippine Stock Exchange (PSE) index gained 0.15% to close the day’s trading at 6,728 – in line with the positive performance of regional markets, which were mostly up ahead of the US Federal Reserve policy meeting. After surging by 3.7% […]
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PH Stocks Post Gains Amid Regional Market Declines

Manila—(PHStocks)—Philippine stocks withstood profit taking early in the session to recover from yesterday’s dip. The benchmark Philippine Stock Exchange (PSE) index posted a 0.5% increase to close today’s trading at 6,480.12 amid regional market declines on downbeat China economic data. Trading was generally subdued, with two counters posting declines and most counters just managing to […]
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PH Stocks Extend Rally, End 1H13 Trading on Positive Note

Manila—(PHStocks)—Philippine stocks rallied for the third session amid market optimism in Asia as well as sustained investor confidence in the United States after the Fed’s announcement of continued stimulus program. The mainboard Philippine Stock Exchange (PSE) index added 2.17% or 137.28 points to close at 6,465.28 today, 28 June – ending the last trading day […]
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PH Stocks Down for Fifth Session

Manila—(PHStocks)—Philippine stocks were down for the fifth straight session Tuesday, 25 June, amid continued hot money outflows due to the negative market sentiment from Fed’s announcement of tapering its QE program, and weighed even further down by the current credit crunch in China. Although the bulls staged a late rally to somehow ease the stocks’ […]
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Sell-off Pulls PH Stocks Below 6000 Level

Manila—(PHStocks)—Philippine stocks succumb to sell-off amid continued investor pessimism gripping the market. The benchmark Philippine Stock Exchange (PSE) index dropped by 3.42% or 211.12 points to close today’s trading at 5,971.05 – losing close to 20% of its value since it hit a market high of 7392 in the middle of last month. China’s slide […]
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PH Stocks Face Bloody Monday

Manila—(PHStocks)—After the recovery last Friday, Philippine stocks again faced another bout of profit taking, fuelled by continued media speculation on whether or not the US Fed will end or reduce its stimulus programme early. The Philippine Stock Exchange (PSE) index shed 3.68% or 258.57 points to close the market at 6,763.38 today, June 4. Value […]
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