PH Stocks Face Bloody Monday
Manila—(PHStocks)—After the recovery last Friday, Philippine stocks again faced another bout of profit taking, fuelled by continued media speculation on whether or not the US Fed will end or reduce its stimulus programme early. The Philippine Stock Exchange (PSE) index shed 3.68% or 258.57 points to close the market at 6,763.38 today, June 4. Value turnover, in particular, reached PhP16.58 billion amid traded volume of 2 billion shares. All counters…
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Tags:AAA , ABG , ALI , Asia Amalgamated , Asiabest , ATN , ATN Holdings , ATR , Ayala Land , CLOUD , FGEN , First Gen , First Philippine Holdings , FPH , GERI , Global-Estate Resorts , GLOBALPORT , GT Capital , GTCAP , IP Converge , Kim Eng , LCB , Lepanto Consolidated , LMG , LMG Chemicals , MAKE , Maybank , MBT , Metrobank , Metropolitan Bank , PBC , PGOLD , Philex , Philippine Bank of Communications , PORT , Puregold , PXP , RCI , Roxas , SM , SM Development , SM Investments , SM Prime , SMDC , SMIC , SMPH , TBGI , TKC Steel , Transpacific Broadband
Market Jitters, Profit Taking, Pull Down PH Stocks
Manila—(PHStocks)—After yesterday’s sharp recovery, investors cashed in on their gains while others stayed away from the markets amid jitters across the region. The positive news of the Philippines’ first quarter GDP growth of 7.8%—which beats analysts forecasts, outpaces most ASEAN countries including Indonesia’s 6%, Thailand’s 5.3%, and Vietnam’s 4.9%, and even beating that of China’s 7.7% GDP growth for the same quarter—did very little to stimulate the local bourse. At…
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Tags:AAA , AC , ALHI , ALI , Anchor Land , Asia Amalgamated , ATN Holdings , ATNB , Ayala , Ayala Land , E-Game , EG , FGENG , First Gen , Ginebra , GSMI , ICT , International Container , IP E-Game , Keppel , KPH , LCB , Lepanto Consolidated , Mabuhay Holdings , Mabuhay Vinyl , Manila Jockey Club , Manulife , Mariwasa SIAM , MBT , Metrobank , Metropolitan Bank & Trust Company , MFC , MG , MHC , Millenium Global , MJC , MMI , MRC , MRC Allied , MVC , OM , Omico , PHA , Philippine Savings Bank , Premiere Horizon , PSB , REG , Republic Glass , ROCK , Rockwell , San Miguel , SLF , SM , SM Investments , SMIC , Sun Life , VITA , Vitarich , Vivant , VUL , Vulcan Industrial , VVT , Zeus Holdings , ZHI
PH Stocks Up on Upbeat Market Sentiment
Manila—(PHStocks)—Positive market performance in the US have lifted Philippine stocks Wednesday, 29 May, as local stocks stage a strong rebound. The Philippine Stock Exchange (PSE) index went up by 1.62% or 115.35 points 7,228.57, as investors continue to scoop up bargains after a three-day decline. All shares are back in the green, again led by the Mining and Oil sector, which gained 4.86%. The Industrials segment went up by 2.1%,…
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Tags:AGI , Alliance Global , BC , Benguet , Calapan Ventures , FAF , First Abacus , H2O , Highlands Prime , HP , IS , Island Information , JFC , JOH , Jollibee , Jolliville , Keppel Philippine , KPHB , LC , LCB , Lepanto Consolidated , MA , MAB , Manila Mining , Metro Pacific Investments , MG , Millenium Global , MPI , MPIC , Pancake House , PCKH , PHES , Philex Petroleum , Philippine Estates , Philippine Long Distance Telephone Co. , PLDT , PXP , SFI , Shang Properties , SHNG , SM , SM Investments , SM Prime , SMIC , SMPH , Swift Foods , TEL , TKC Steel , Zeus Holdings , ZHI
PH Stocks Start Recovery as Investors Hunt for Bargains
Manila—(PHStocks)—Philippine stocks overcame what initially seemed to be another weak trading during the morning session. Trading recovered late in the afternoon session as investors hunted for bargains from three straight days of decline. The Philippine Stock Exchange (PSE) index went up by 0.22% to 7,113.22 at the close of trading Tuesday, 28 May. Except for the Holding Firms and Services indices, all counters are back in the green, led by…
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Tags:ALCO , Arthaland , ATN Holdings , ATNB , Calapan Ventures , Century Peak Metals , Chemical Industries , CIP , CPM , FFI , FGEN , Filipino Fund , First Gen , GLO , Globe Telecom , green , Greenergy , H2O , Highlands Prime , HP , LC , LCB , Lepanto Consolidated , MAB.Zeus Holdings , Mabuhay Vinyl , Manila Mining , Mariwasa SIAM , MJCI Investments , MJIC , MMI , MVC , Philippine Seven , SEVN , Vivant , VVT , Yehey! , ZHI
PH Stocks Plunge Below 7100
Manila—(PHStocks)—The bloodshed continued, and Philippine stocks were down for a third straight session Monday, 27 May, amid continued profit taking and news of China’s slower pace of growth as well as the possibility of the US Federal Reserve reducing its stimulus if US economic conditions improve. The benchmark Philippine Stock Exchange (PSE) index closed at 7,097.51, sharply down by 2.36% or -171.4 points. All counters continued to be in the…
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Tags:AC , AGI , ALI , Alliance Global , Ayala , Ayala Land , Bank of the Philippine Islands , BDO , BDO Unibank , BHI , BMM , Bogo Medellin , Boulevard Holdings , BPI , EURO , Euro-med , F & J Prince , FJP , Highlands Prime , HP , ICTV , Information Capital , KEP , Keppel , Keppel Philippines Properties , KPH , LC , LCB , Lepanto Consolidated , LIHC , Lodestar Investment , MA , MAB , MAC , MacroAsia , Manila Mining , Mariwasa SIAM , MBT , MEG , Megaworld , MEGW2 , Metrobank , Metropolitan Bank & Trust Company , MMI , OPM , OPMB , Oriental Petroleum , PhilWeb , San Miguel , SLF , SM , SM Investments , SMC , SMIC , Sun Life , Universal Robina , URC , WEB
