PH Stocks Retreat on Profit Taking

Manila—(PHStocks)—Philippine stocks ended the week on a weaker note Friday, 16 May, as investors lock in their gains after the rally early in the week. The mainboard Philippine Stock Exchange index (PSEi) shed 0.46% or 31.62 points to close the week at 6,817.71, keeping its foothold at the 6800 level. All counters were in the red, […]
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PH Stocks Extend Gains

Manila—(PHStocks)—Philippine stocks ended the week, and the first trading day of May, on a positive note. The Philippine Stock Exchange index (PSEi) further gained 0.52% or 35.06 points to close the session at 6,742.97. All counters end in the green, led by the Mining & Oil index, which jumped by 2.27%. The wider All Shares […]
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PSEi Down Anew on Profit Taking

Manila—(PHStocks)—Philippine stocks were down anew on profit taking Tuesday, 25 March, after the market recovery on Monday (24 March). The mainboard Philippine Stock Exchange index (PSEi) fell below the 6400 level, ending at 6,336.34 – down by 1% or 64.33 points. All counters finished in the red, led by the Mining and Oil index, which […]
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PH Stocks: Selloff Continues on Poor US Manufacturing Data

Manila—(PHStocks)—Philippine stocks were down for the third straight session Tuesday, 4 February, amid news of poor US manufacturing data for January. Overnight in the US, benchmark indices fell through key support levels: the Dow Jones Industrial Average closed down 326.05 points (-2.08%); S&P 500 fell 40 points (-2.28%) to 1,741.89; and Nasdaq declined by 106 […]
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PH Stocks Down on US Fed Taper News

Manila—(PHStocks)—Philippine stocks suffered declines Thursday, 30 January, on news of a further tapering of the US Federal Reserve’s quantitative easing program. The benchmark Philippine Stock Exchange index (PSEi) declined by as much as 85.72 points earlier in the session, but managed to cut losses by only 0.47% or 28.65 points at the end of trading […]
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PH Stocks Stumble Anew

Manila—(PHStocks)—Philippine stocks erased yesterday’s gains to finish today’s session at almost the same level as last week. The mainboard Philippine Stock Exchange index (PSEi) went down by 0.64% or 38.37 points to close at 5,947.44 today, 7 January. Most counters were back in the red, led by the Industrials, which shed 1.68%. The Services sector […]
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PH Stocks Recover as Investors Take Position

Manila—(PHStocks)—Philippine stocks were up Monday, 6 January, as investors start pick up bargain stocks after last Friday’s profit taking. The benchmark Philippine Stock Exchange index (PSEi) ended the trading day 0.64% or 37.88 points higher – regaining its losses last week – to 5,985.81. Related Articles:PH Stocks Stumble AnewPH Stocks Down for Second SessionPH Stocks […]
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PH Stocks End First Trading Day of 2014 in the Green

Manila—(PHStocks)—Philippine stocks were up in the first trading day of the year, lifted by the seasonal “January effect”. The benchmark Philippine Stock Exchange index (PSEi) rose by 1.6% or 94.43 points to close today’s session at 5,984.26 – the fifth straight trading session of growth. Related Articles:PH Stocks Bounce BackPH Stocks Recover as Investors Take […]
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