PH Stocks Extend Gains

Manila—(PHStocks)—Philippine stocks continued their upward momentum for the third session, riding on positive news in other parts of the world. The Philippine Stock Exchange (PSE) index gained a further 1.21% or 78.88 points to close at 6,597.59 today, 25 March, amid news of the European Union approving a bailout deal with Cyprus. Only the Mining […]
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Bulls Fail to Lead Rebound for PH Stocks

Manila—(PHStocks)—Philippine stocks closed this week’s trading on a negative note as simultaneous profit taking and bargain hunting swamped the market. The Philippine Stock Exchange (PSE) index slid for the fifth straight session, losing 0.6% or 40.11pts to end Friday, 15 March, at 6,654.6. Nevertheless, the Industrials and Holding Firms managed to recover slightly, gaining 0.38% […]
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PHStocks Week in Review: Selling High

Manila—(PHStocks)—Philippine stocks rode a series of widespread profit-taking this week amid new record highs. Strong macroeconomic fundamentals pushed the benchmark Philippine Stock Exchange index (PSEi) past the 6,700-mark on 25 February, closing at 6,721.33 – up by 56.27 points or 0.84%. This strong growth drove investors to cash in on their gains on 26 February, […]
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Profit Taking Grips PH Stocks Anew

Manila—(PHStocks)—After reaching a new record high yesterday amid late surge in stock buying, in particular that of BDO Unibank Inc. (PSE: BDO) and SM Investments Corporation (SMIC, PSE: SM) shares, the Philippine Stock Exchange index (PSEi) succumbed to a new round of widespread profit-taking – shedding 1.18% or 79.18 to close the first trading day of March at 6,642.27. […]
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PH Stocks End Rally, Keep Foothold Above 6,600

Manila—(PHStocks)—Philippine stocks ended their rally Friday as investors cash in on their gains. Similar to yesterday, the Philippine Stock Exchange index (PSEi) started the morning session on a lower note, declining by 0.41% to 6,641.16 as of 9:47am. Profit taking continued to punish stocks across the board, pushing the PSEi down below the 6,600-point mark […]
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PH Stocks Hit New Record

Manila—(PHStocks)—Philippine stocks rallied on Monday as the market enters the earnings report season. Fueled by investors optimism in the fourth quarter and full-year 2012 financial performance of local players,  the mainboard Philippine Stock Exchange index (PSEi) made history yet again as it gained 0.67% to close today’s trading at 6,565.23, a new record for the […]
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PHStocks Exclusive: Top 50 Stocks for January

PHStocks has compiled a list of the top 50 gainers for the month of January 2013. The percent growth is based on the closing prices of stocks on December 28, 2012, and their closing prices on January 31, 2013, except for MJCI Investments Inc. (PSE: MJIC) and Philippine Tobacco Flue-Curing & Redrying Corp. (PSE: TFC), […]
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PH Stocks Recover, Post Marginal Growth

Manila—(PHStocks)—The mainboard Philippine Stock Exchange index (PSEi) regained its losses yesterday but closed today’s trading nearly flat – gaining only 0.03% to reach 6,459.93 – up by just 1.92pts. On a sectoral basis, only the Financials (+0.58%) and the Holding Firms (+0.16%) indices improved today. The Mining and Oil index wiped out its gains yesterday, […]
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