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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PHStocks Week in Review: Optimism

Manila–(PHStock)–Local shares ended the week on a positive note, recovering from a three-day poor performance, on optimism of a possible bailout deal in Greece next week. The mainboard Philippine Stock Exchange index (PSEi) closed at 4,880.71, up by 2.03% from last week, and 20 points shy of breaching the 4,900-point mark. The week of 13-17 […]
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PH Stocks Regain Losses

Manila–(PHStocks)–Local shares recovered slightly on Friday, 10 February, after profit taking in the previous day. The bellwether Philippine Stock Exchange index (PSEi) went up by 0.29% or 13.9 points to close the roller coaster week at 4,783.52, after a breaching the 4,800-point mark twice. All counters except the Industrial and Holding Firms indices were up. […]
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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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PH Stocks Retreated

Manila—(PHStocks)–Possible profit taking wiped off the gains earned by local shares yesterday as the market retreated at the close the week after a strong three-day rally. The bellwether Philippine Stock Exchange Index (PSEi) dropped to 4,758.57 points at the close of the market today, after touching a record 4,822 points yesterday. All counters except the […]
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PH Stocks Recover

Manila–(PHStocks)–Local shares ended the month of January on a positive note, recovering the slight losses yesterday. The bellwether Philippine Stock Exchange Index (PSEi) closed Tuesday at 4,682.44, up 0.82% from yesterday. However, the Services Index went down for the second consecutive day this week, ending at 1,724.59, down 0.38%. All other counters were up, led […]
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PHStocks Week in Review: Steady She Goes

Still fresh from the heels of the recent announcement regarding Philippine Long Distance Telephone Co.’s (PSE: TEL) acquisition from JG Summit Holdings Inc. (PSE: JGS) ownership interest in Digital Telecommunications Philippines Inc. (Digitel, PSE: DGTL), the local stock market continued its growth this week, with the main board Philippine Stock Exchange index (PSEi)  gaining 0.51% […]
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PH Stocks Recover

Local shares recover Thursday, with the bellwhether Philippine Stock Exchange index (PSEi) gaining 0.16% or 6.9 points to edge up to 4,219.43 points. The wider all-shares index likewise went up, posting a 0.3% increase to 3,093.93 points. On a sectoral basis, three indices closed the day with gains while three counters were back in red. […]
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