PH Stocks Down 25pts

Manila—(PHStocks)—The mainboard Philippine Stock Exchange index (PSEi) ended today’s market session at 7,860.77, down by 25.26 points or 0.32%. All counters were down, albeit minimally, while the Services index closed at 1,686.14, up by 0.28%. The Property index fell by 0.52%, while the Mining and Oil sector shed 0.5%. The wider All Shares index dropped […]
Continue reading…

 

PHStocks Exclusive: Top 50 Best Performing Stocks in April 2016

Manila—(PHStocks)—We have yet to see the real impact of the recent elections in our country’s stock market. Over the past few days, however, the Philippine Stock Exchange index has seen pretty strong finish owing to the relatively fast, credible and peaceful national elections on May 9. Market observers meanwhile expect the euphoria to taper in the next […]
Continue reading…

 

Asian Terminals Gets Port of Batangas Contract

Manila—(PHStocks)—Asian Terminals Inc. (PSE: ATI), its subsidiary ATI Batangas Inc., and the Philippine Ports Authority, recently signed the Contract for the Management, Operation, Maintenance and Development of Phase I, Port of Batangas. The contract is effective from October 1, 2015 until September 30, 2025. Related Articles:PH Stocks Down 25ptsATI Spending PhP8B for ExpansionLower-than-forecast GDP Growth […]
Continue reading…

 

Lower-than-forecast GDP Growth Halts PH Stocks’ Rally

Manila—(PHStocks)—Philippine stocks retreated anew on Thursday, 27 November, as investors soured on the market after a lower-than-expected third-quarter GDP results. According to the Philippine Statistics Authority – National Statistical Coordination Board, the Philippine economy grew by 5.3% for the third quarter of this year from last year. This is lower than the 6.4 percent growth […]
Continue reading…

 

PH Stocks Firm Up

Manila—(PHStocks)—Philippine stocks recovered from yesterday’s declines as investors take a cue from strong corporate financial results for the third quarter. The benchmark Philippine Stock Exchange (PSE) index climbed back to the 7,200-mark after gaining 0.26% or 18.71 points Friday, 14 November. The index closed at 7,217.34, up by 0.16% from last week. The Financials, Mining […]
Continue reading…

 

PH Stocks Retreat

Manila—(PHStocks)—Philippine stocks slid amid profit taking Friday, 7 November. The Philippine Stock Exchange (PSE) index went down by 0.43% or 30.91 points to close the first trading week of November at 7,205.72. All counters are back in the red, but—except for the Financials, which dropped by 1.01%, all remaining indices—losses were minimum. The Property index, […]
Continue reading…

 

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 […]
Continue reading…