PHStocks Week in Review: PH Stocks End Lower

Manila—(PHStocks)—Philippine stocks ended June’s first week of trading up by 1.73% from last week, which saw massive sell-off that drove the index down to 6,600 level. The benchmark Philippine Stock Exchange index (PSEi) closed the session at 6,762.62 today, 6 June, down by 0.14% or 9.82 points from the previous day’s session, but showing stability after […]
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Bloodbath Continues; PSEi Falls Back to 6,600

Manila—(PHStocks)—Philippine stocks opened the trading week on a negative note amid weak performance in the U.S. market. The Philippine Stock Exchange index (PSEi) fell by a further 1.21% or 80.75 points to close today’s trading at 6,604.35. The Services segment continued its growth, weathering the selloff to close 0.29% higher today. The remaining indices were […]
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PH Stocks Climb

Manila—(PHStocks)—After the sellout in the previous trading day, Philippine stocks recovered and climbed back to 6,600 levels Tuesday, 15 April. The Philippine Stock Exchange index (PSEi) rose by 0.49% or 32.11 points to close the session at 6,621.66. All counters finished in the green, led by the Financials, which gained 1.17%; followed by Mining and […]
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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 Sustain Uptrend

Manila—(PHStocks)—Philippine stocks continue their growth Thursday, 27 February, on sustained positive market sentiment amid strong corporate earnings results. The benchmark Philippine Stock Exchange index (PSEi) went up by 0.51% or 32 points to end the session at 6,354.79. Related Articles:PH Stocks Recover on Positive SentimentPH Stocks Fall on Profit TakingPH Stocks Bounce BackPH Stocks: Selloff […]
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PH Stocks Recover on Positive Sentiment

Manila—(PHStocks)—Philippine stocks were up Wednesday, 26 February, as investors scoop up bargains after a series of profit taking during the past three sessions. The Philippine Stock Exchange index (PSEi) rose by 0.43% or 27 points to close today’s trading at 6,322.6. The Industrial sector continued its climb, gaining 1.06%, while the Holding Firms sector went […]
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PH Stocks Fall on Profit Taking

Manila—(PHStocks)—Philippine stocks fell Monday, 24 February, as investor cashed in on their gains. The benchmark Philippine Stock Exchange index (PSEi) went up by as much as 64 points in early trade, before plunging down to close today’s session at 6,296 – about 0.19% lower from Friday’s (21/2) close of 6,297.25. Only the Industrial index gained […]
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PH Stocks Surge on Strong Economic Forecast

Manila—(PHStocks)—Philippine stocks surged Wednesday, 2 October, as the Asian Development Bank (ADB) upped its economic growth forecast on the Philippines. In its Asian Development Outlook (ADO) update report, the ADB announced revisions for its growth forecasts for countries in the Asia-Pacific region. ADB forecasts the Philippines’ economy to grow by 7 percent—up from the previous […]
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