PH Stocks Falter on Profit Taking

Manila—(PHStocks)—Philippine stocks declined on Friday, 2 August, as investors lock in gains amid the rally the previous day. The benchmark Philippine Stock Exchange (PSE) index dropped by 1.91% or 127.49 points to close the first trading week of the month at 6,533.95. All counters are back in the red, led by the biggest loser, the […]
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PH Stocks Down for Third Session

Manila—(PHStocks)—Philippine stocks declined for the third straight session Monday, 29 July, amid thin trading. The Philippine Stock Exchange (PSE) index slid by 0.68% or 45.96 points to close today’s trading at 6,717.66. While most of the sectors posted weak performances, the Mining and Oil index surged by 3.7%. The Services sector also posted gains, finishing […]
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PH Stocks End Slightly Higher

Manila—(PHStocks)—Philippine stocks recovered slightly Monday, 22 July, amid quiet trading in the market. The benchmark Philippine Stock Exchange (PSE) index inched higher by 0.1% to close at 6,627.36. Total value turnover was just PhP4.7 billion on 864 million shares traded. According to PSE data, foreign buying was PhP2.2 billion while foreign selling was Php2.21 billion. […]
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PH Stocks Crash on QE News

Makati—(PHStocks)—Philippine stocks took a beating Thursday, 20 June, as investors over-reacted to news about the US Fed’s plans for its ongoing quantitative easing (QE) program. The Philippine Stock Exchange (PSE) index fell by 2.86% or 186.53pts to close today’s trading at 6,326.67 – wiping its gains during the last rally. The rest of the markets […]
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PH Stocks Remain in Red

Manila—(PHStocks)—Philippine stocks continue their slide amid gloomy sentiment in global markets. The Philippine Stock Exchange (PSE) index went down by 1.73% or 115.58 points to close today’s trading at 6,557.89 – posting its third day of continued declines. All counters are still in red, led by the Property segment this time, which lost 3.14%. The […]
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PH Stocks Recover, Close In On 4,900-pt Mark

Manila—(PHStocks)—Local shares ended Friday on a high note amid news of Greece sealing its bailout package. The bellwether Philippine Stock Exchange (PSE) surged by 2.4% to close 17 February at 4,880.71 points – about 20 points short of breaching the 4,900-point mark – after just less than two months into the year. All counters registered […]
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