PSEi Rallies to Break 7,600 Level

Manila—(PHStocks)—The Philippine Stock Exchange (PSE) index broke the 7,600 resistance level to set a new intraday record and an all-time high trading record this year. Buoyed by the positive market sentiment, the PSEi closed today’s trading at 7,630.57, up by 0.58% or 43.9 points. The Financials index went up by 1.62%, followed by the Industrials, […]
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PH Stocks Continue Steady Climb

Manila—(PHStocks)—Philippine stocks were up for the fourth consecutive trading day as investors bet on a Santa Claus rally this month. The mainboard Philippine Stock Exchange (PSE) index grew by 0.22% or 16.52 points to close the session at 7,360.75—a new high this year—on Wednesday, 3 December. All counters finished almost flat, except for the Industrial […]
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PH Stocks Extend Gains for 3rd Session

Manila—(PHStocks)—Philippine stocks were up for the third consecutive trading day as investors flock to equities on optimistic market expectations. The benchmark Philippine Stock Exchange (PSE) index went up by 0.17% or 12.5 points to close trading at 7,344.23 on Tuesday, 2 December. All counters finished in the green, led by the Property (+0.57%) and Mining and […]
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Lower-than-forecast GDP Growth Halts PH Stocks’ Rally

Manila—(PHStocks)—Philippine stocks retreated anew on Thursday, 27 November, as investors soured on the market after a lower-than-expected third-quarter GDP results. According to the Philippine Statistics Authority – National Statistical Coordination Board, the Philippine economy grew by 5.3% for the third quarter of this year from last year. This is lower than the 6.4 percent growth […]
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PSEi Continues Slow, Steady Growth

Manila—(PHStocks)—Philippine stocks extended their gains for a third day as investors digest earnings and market news abroad, with S&P 500 recording its 42nd record close of the year. The Philippine Stock Exchange (PSE) index further gained 0.64% or 45.94 points to close trading at 7,275.66 Tuesday, 18 November. Related Articles:PHStocks Week in Review: PH Stocks […]
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PH Stocks Firm Up

Manila—(PHStocks)—Philippine stocks recovered from yesterday’s declines as investors take a cue from strong corporate financial results for the third quarter. The benchmark Philippine Stock Exchange (PSE) index climbed back to the 7,200-mark after gaining 0.26% or 18.71 points Friday, 14 November. The index closed at 7,217.34, up by 0.16% from last week. The Financials, Mining […]
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PH Stocks Rebound

Manila—(PHStocks)—After two sessions of declines, Philippine stocks recovered Tuesday, 11 November, buoyed by strong performance in Wall Street. The mainboard Philippine Stock Exchange (PSE) index went up by 0.17% or 12.43 points to close at 7,204.55. The Financials and Mining and Oil indices remained in red. The Property sector, on the other hand, was the […]
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PH Stocks Continue Downtrend

Manila—(PHStocks)—Philippine stocks declined further Monday, 10 November, as investors continue to cash in on their gains. The Philippine Stock Exchange (PSE) index went down by 0.19% or 13.60 points to close at 7,192.12. Except for the Services sector, which was flat, all counters remain in red. Losses, however, are minimal. The biggest loser, Property index, […]
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