PH Stocks Edge Higher

Manila—(PHStocks)—Philippine stocks sustained their growth amid continued investor optimism in the country’s macroeconomic outlook. The benchmark Philippine Stock Exchange index (PSEi) further grew by 0.4% or 27.63 points to close today’s session at 6,880.44. The market, however, faced a round of profit taking, with the Mining and Oil index losing 1.01%, and the Financials, 0.75%. The gainers, […]
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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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PH Stocks Extend Growth

Manila—(PHStocks)—Philippine stocks extended their growth Wednesday, 16 April, as the local market takes a break for Lent. The Philippine Stock Exchange index (PSEi) rose further by 0.75% or 49.52 points to close the short trading week at 6,671.18. All counters remained in the green, led by the Property sector, which gained 1.43%. The wider All […]
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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 Fall Further on Chinese Economy Slowdown

Manila—(PHStocks)—Philippine stocks extended their declines Friday, 14 March, on investor worries on China’s economic growth. The Philippine Stock Exchange index (PSEi) slid by 0.6% or 38.55 points to close this week’s trading at 6,391.24. Except for the Holding Firms segment, which rebounded by 0.43%, all remaining counters were in the red. The Services sector dropped […]
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PH Stocks Surge; PSEi Break Past 6500

Manila—(PHStocks)—Philippine stocks continue their uptrend Wednesday, 5 March, as investors remain upbeat amid strong corporate earnings. The Philippine Stock Exchange index (PSEi) rose by 0.94% or 60.68 points to close the session at 6,516.82. Except for the Mining and Oil and Property sectors, which declined by 0.38% and 0.39%, respectively, all other indices were up, […]
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PH Stocks Continue Growth, PSEi Edges Closer to 6,300

Manila—(PHStocks)—Philippine stocks were up for the fourth session Wednesday, 19 February, on continued market optimism. The mainboard Philippine Stock Exchange index (PSEi) jumped by 1.62% or 100 points to close today’s trading at 6,294.62. All counters were in the green, led by the Property segment, which rose by 2.68%. The Holding Firms sector increased by 2.1%, […]
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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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