Bulls Fail to Lead Rebound for PH Stocks

Manila—(PHStocks)—Philippine stocks closed this week’s trading on a negative note as simultaneous profit taking and bargain hunting swamped the market. The Philippine Stock Exchange (PSE) index slid for the fifth straight session, losing 0.6% or 40.11pts to end Friday, 15 March, at 6,654.6. Nevertheless, the Industrials and Holding Firms managed to recover slightly, gaining 0.38% […]
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PHStocks Week in Review: History in the Making

Manila—(PHStocks)—If last week was phenomenal, this week has been historical; one that would go down in the annals of the Philippine stock market history. Philippine stocks opened the week of January 7 on strong note, with the bellwether Philippine Stock Exchange index (PSEi) gaining 1.23% to close the trading day at a record high 6,044.91 […]
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Profit Taking Ends PH Stocks Rally, PSEi Down 1.19%

Manila—(PHStocks)—Philippine stocks ended their seven-day rally amid profit taking across the board, where a total of 2.15 billion shares changed hands, valued at PhP23.2 billion. Despite closing the trading day at 6,018.57pts, down by 1.19% from yesterday, the mainboard Philippine Stock Exchange index (PSEi) still managed to maintain its foothold well above the 6,000-point mark. […]
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PHStocks Week in Review: Cyclical

Manila—(PHStocks)—Local shares had a roller coaster ride this week as profit taking and bargain hunting sent the market up and down. The bellwether Philippine Stock Exchange index (PSEi) started the week by regaining its footing at the 4,800-point mark on Monday, 6 February. The next day saw investors cashing in on gains, with the PSEi […]
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PH Stocks Again in Red

Manila—(PHStocks)—The local stock market is back in red today as all shares retreated after a comeback to the 4,800-mark yesterday. The bellwether Philippine Stock Exchange index (PSEi) shed 60.35 points to 4,755.98, a 1.25% decline compared to yesterday’s 1.21% growth. All counters did not fare well today, with the Mining & Oil Index posting the […]
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PH Stocks Climb Back

Manila—(PHStocks)–Local shares recovered today, with the bellwether Philippine Stock Exchange index (PSEi) gaining 1.21% and breaching the 4,800-point mark again, to close at 4,816.33. All counters except the Mining & Oil Index posted gains. Gainers were led by the Financials sector, which continued its on-week growth of 4.89% with a 3.23% increase today. The Holding […]
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PHStocks Week in Review: Milestone One

Manila—(PHStocks)—Local shares achieved a milestone last week as the Philippine Stock Exchange index (PSEi) breached the 4,800-point mark by closing at at 4,822.08 on Thursday, 2 February. However, the market retreated on Friday, 3 February, to end at 4,758.57 points, probably after investors’ profit-taking. Nevertheless, weekly performance is satisfactory. Compared to the market closing last […]
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PSEi Hits Record 4,822

Manila–(PHStocks)–PH stocks continue their rally today as the Philippine Stock Exchange Index (PSEi) surge to record 4,822.08, up 2.26 percent – edging closer and closer to the 5,000-point mark. All counters are on the up, led by the Holding Firms sector, which posted a 3.7% gain to close the day at 3,918.34 points. The Property Index […]
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