PH Stocks Up on Positive Vibes on US Debt Resolution

Manila—(PHStocks)—Philippine stocks recovered on Wednesday, 16 October, as most investors expect resolutions on the US impasse on shutdown as well as the debt ceiling. The mainboard Philippine Stock Exchange index (PSEi) went up by 0.63% or 40.87 points to close the day’s trading at 6,483.57 – failing to break the 6,500 mark despite gaining as […]
Continue reading…

 

PH Stocks Make Strong Rebound

Manila—(PHStocks)—Philippine stocks rebounded sharply on Friday, 8 March, as investors hunt for bargains after profiting from the previous day’s strong growth. The mainboard Philippine Stock Exchange index (PSEi) reached a new record high today, gaining 1.62% or 108.64 points to close at 6.833.77. Market sentiment may have also been swayed by the strong reverberation of […]
Continue reading…

 

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, […]
Continue reading…

 

PHStocks Exclusive: Top 50 Stocks for February

PHStocks has compiled a list of the top 50 gainers for the month of February 2013. The percent growth is based on the closing prices of stocks on January 31 and February 28; except for Philippine Tobacco Flue-Curing & Redrying Corp. (PSE: TFC) and Anchor Land Holdings Inc. (PSE: ALHI), whose closing prices were taken […]
Continue reading…

 

PH Stocks Regain Foothold at 6700 Level, Hit New High

Manila—(PHStocks)—Philippine stocks skyrocketed to new highs on Thursday, February 28, after two successive days of declines. The Philippine Stock Exchange index (PSEi) recovered its losses and, buoyed by the surge by BDO Unibank Inc. (PSE: BDO) and SM Investments Corporation (SMIC, PSE: SM) , regained its foothold in the 6,700 level  and closed today’s trading at new record high 6,721.45, […]
Continue reading…

 

PH Stocks Succumb to Profit Taking

Manila—(PHStocks)—Philippine stocks retreated Tuesday, Feb 26, as widespread profit-taking gripped the market. The benchmark Philippine Stock Exchange index (PSEi) declined by 1.35% to close today’s trading at 6,630.67, wiping the gains it achieved yesterday as it broke past the 6,700 level. All counters were all in red, led by the Property sector which dropped 2.41%. […]
Continue reading…

 

PH Stocks Break 6,700 Level

Manila—(PHStocks)—Philippine stocks made history once again, nine weeks into the year, as the benchmark Philippine Stock Exchange index (PSEi) strongly recovered from last week’s close to breach the 6,700-point mark and conclude trading today, 25 February, at 6,721.33 – up by 56.27 points or 0.84%. All counters were up as well, led by the Industrials […]
Continue reading…

 

PHStocks Week in Review: Steadfast

Manila—(PHStocks)—Philippine stocks displayed their resilience as they end this week on a new record high despite two consecutive days of declines amid investors’ profit taking. The Philippine Stock Exchange index (PSEi) closed the week at 6,139.21 – another milestone for the local bourse – up 1.1% from Thursday’s close of 6072.18, and up 1.45% from […]
Continue reading…