PH Stocks Down for Second Session on Profit Taking

Manila—(PHStocks)—The Philippine Stock Exchange (PSE) index was down for a second session Tuesday, January 20, as profit taking continued amid new highs last week. The PSEi closed today’s trading at 7,452.81, a 0.43% decline from yesterday’s finish. PSEi closed last week’s trading at 7,490.88 (14 January)—a new high for this year—before the local stock market […]
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PH Stocks End Lower

Manila—(PHStocks)—Philippine stocks fell Friday, 11 April, as investors take their cue from the sell-off in the U.S. market. The mainboard Philippine Stock Exchange index (PSEi) fell by 0.63% or 41.93 points to close a shorter trading week at 6,596.96. All counters, except for the Mining and Oil index (+0.07%), were in the red, led by […]
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PH Stocks Bounce Back on Bargain Hunting

Manila—(PHStocks)—Philippine stocks rebounded Monday, 17 March, as investors hunt for bargains after a series of profit taking and selloff last week. The Philippine Stock Exchange index (PSEi) withstood another round of selloff in the afternoon session, pulling up by the end of trading to post a 0.14% gain and close today’s market at 6,399.99. Only […]
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PH Stocks Down for Second Session

Manila—(PHStocks)—Philippine stocks extended their declines Friday, 10 January, as sell-off continues. The Philippine Stock Exchange index (PSEi) shed 1.59% or 94.63 points to close this week’s trading at 5,842.88. Most counters were back in the red, led by the Holding Firms segment, which dropped by 2.56%, followed by Financials, which slid by 1.86%. The wider […]
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PH Stocks Recover as Investors Take Position

Manila—(PHStocks)—Philippine stocks were up Monday, 6 January, as investors start pick up bargain stocks after last Friday’s profit taking. The benchmark Philippine Stock Exchange index (PSEi) ended the trading day 0.64% or 37.88 points higher – regaining its losses last week – to 5,985.81. Related Articles:PH Stocks Stumble AnewPH Stocks Down for Second SessionPH Stocks […]
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PH Stocks End Lower Amid Taper Fears; Keep Foothold at 6,000

Manila—(PHStocks)—Philippine stocks ended the first week of December on a weak note as investors stay in the sidelines in line with the almost-a-year-long-persistent-guessing-game on when the U.S. Fed will reduce its stimulus package—especially now that the US posted a higher-than-expected GDP growth of 3.6% for the third quarter of the year. The Philippine Stock Exchange […]
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PH Stocks Up on Bullish Sentiment

Manila—(PHStocks)—Philippine stocks were up Friday, 15 November, as investor confidence gets a lift from soon-to-become U.S. Fed chairman Janet Yellen’s statements that the Fed will likely continue the stimulus package amid tepid economic growth and the persistently high unemployment rate. The Philippine Stock Exchange index (PSEi) went up by 0.29% or 18.52 points to close […]
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Profit Taking Reverses PH Stocks Rally

Manila—(PHStocks)—Philippine stocks dropped on Thursday, 31 October, as investors locked in their profits after the recovery yesterday. The mainboard Philippine Stock Exchange index (PSEi) shed 0.18% or 11.83 points to close the last trading day of the month at 6,585.38. Related Articles:PH Stocks Extend GrowthPH Stocks Firming UpPH Stocks Extend Declines on Weak China PMIPH […]
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