PH Stocks Make Strong Rebound

Manila—(PHStocks)—Positive market sentiment in the United States amid economic growth, and announcements from the China government to ease its financial market have fuelled Philippine stocks’ strong rally today, 26 June. The benchmark Philippine Stock Exchange (PSE) index soared by 5.7% – the highest recorded growth among the Asia-Pacific stock indexes today – to close the […]
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PH Stocks Near Record High

Manila—(PHStocks)—Philippine stocks continued their climb Wednesday, 22 May, as investors continue to remain bullish in the country’s economic outlook. The benchmark Philippine Stock Exchange (PSE) index went up by 0.78% or 57.49 points to close today’s trading at 7,385.07 – less than 10 points away from its record high 7,392.2. All counters are back in […]
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Downtrend Continues

Manila—(PHStocks)—Philippine stocks declined further in Friday, 17 May, amid continued profit taking. The mainboard Philippine Stock Exchange (PSE) index slid by 0.42% or -31.07 to 7,279.87 as investors continued to cash in on gains achieved over the previous rally. Despite the bloodshed, the Financials index managed to pull in a gain of 0.03%. The rest […]
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PH Stocks Take a Pause

Manila—(PHStocks)—Philippine stocks retreated on Thursday, 16 May, amid investors cashing in on their gains over the recent surge in the market. The bellwether Philippine Stock Exchange (PSE) index shed 1.10% or -81.26 to close the trading day at 7,310.94 – a day after touching the 7,400 level intraday. Profit-taking was widespread. All counters were in […]
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Profit Taking Halts PH Stocks Rally

Manila—(PHStocks)—Philippine stocks succumbed to profit taking as investors lock in their gains amid the recent bull run that was further lifted by Standard and Poor’s investment grade rating for the country. The mainboard Philippine Stock Exchange (PSE) index slid by 0.62% to 7,170.65 on Monday, May 6, but not before hitting a new record intraday […]
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PHStocks Week in Review: Strong Beginning

Manila—(PHStocks)—Philippine stocks ended the week and greeted the first trading day of February on a strong note, reaching another record high and cementing their level above 6,300. The mainboard Philippine Stock Exchange index (PSEi) went up by 2.45% to 6,318.61 week-on-week, on the back of the country’s strong economic performance in the fourth quarter of […]
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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 […]
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PH Stocks Cement Foothold at High 4900s

Manila–(PHStocks)–The bellwether Philippine Stock Exchange index (PSEi) ended Friday, 9 March, 0.5% higher from the previous day at 4,980.71 points, continuing on its track to breach 5,000 points again. The PSEi reached 5,016.30 points on Friday, 2 March, and further grew to 5,030.58 on Monday, 5 March. Tuesday and Wednesday saw massive selloffs as investors […]
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