PH Stocks Down on Profit Taking

Manila—(PHStocks)—Philippine stocks fell on profit taking Friday, 4 April, after a week of strong gains. The mainboard Philippine Stock Exchange index (PSEi) shed 0.39% or 25.88 points to close the week at 6,561.2. This week also marked the first time in five months that the local stock market reached its peak. Despite the sell-off, the […]
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PSEi Climbs Back to 6400

Manila—(PHStocks)—Philippine stocks rallied on Tuesday, 18 March, buoyed by recovery in regional markets. The mainboard Philippine Stock Exchange index (PSEi) gained 1.04% or 66.56 points to close today’s trading at 6,466.55. All counters were back in the green, led by the Property sector, which rose by 1.43%. The Mining and Oil index gained 1.17% and […]
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PH Stocks Bounce Back on Bargain Hunting

Manila—(PHStocks)—Philippine stocks rebounded Monday, 17 March, as investors hunt for bargains after a series of profit taking and selloff last week. The Philippine Stock Exchange index (PSEi) withstood another round of selloff in the afternoon session, pulling up by the end of trading to post a 0.14% gain and close today’s market at 6,399.99. Only […]
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PH Stocks Fall Further on Chinese Economy Slowdown

Manila—(PHStocks)—Philippine stocks extended their declines Friday, 14 March, on investor worries on China’s economic growth. The Philippine Stock Exchange index (PSEi) slid by 0.6% or 38.55 points to close this week’s trading at 6,391.24. Except for the Holding Firms segment, which rebounded by 0.43%, all remaining counters were in the red. The Services sector dropped […]
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PH Stocks Firming Up

Manila—(PHStocks)—Philippine stocks were up for the third session Tuesday, 18 February, as the market gets closer to the earnings reports season. The benchmark Philippine Stock Exchange index (PSEi) went up 0.42% or 26 points to close today’s trading at 6,193.97 amid investor optimism of corporate earnings results. Related Articles:PH Stocks Extend Declines on Weak China […]
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