PHStocks

Manila—(PHStocks)—Philippine stocks were down for a second session Friday, 24 May, amid continued profit taking. The benchmark Philippine Stock Exchange (PSE) index closed at 7,268.91, down by 0.62% from yesterday’s close of 7,314.38. All counters bled. The Industrials shed 0.7% while the Financials slid by 0.64%. Both the Mining and Oil and Services indices dropped by 0.61%. The wider All Shares index, on the other hand, slid by 0.44%. Trading…

Manila—(PHStocks)—Building up on its momentum from yesterday’s upturn, the Philippine Stock Exchange (PSE) index gained 0.71% or 45.73 points to close at 6,518.71 today, 22 March. Except for the Industrials, which lost 0.12%, all remaining counters remain in the green. Biggest gainer is the Financials index, which grew by 1.38%, followed by the Mining & Oil sector, which gained 1.01%. Value turnover reached PhP9.32 billion on 769.5 million traded shares….

Manila—(PHStocks)—Philippine stocks extended their declines Monday, 18 March, with the bellwether Philippine Stock Exchange (PSEi) index closing at 6,536.18, down by 1.78% or 118.42pts. The bloodshed was across the board. The Property sector shed 2.88%; Holding Firms, 2.81%; and Mining and Oil index, 1.91%. This despite continued positive news in the country, such as a the setting up shop of a Singaporean firm in the country to pursue investment opportunities,…

Manila—(PHStocks)—Philippine stocks ended their rally Thursday as investors lock in their gains. The mainboard Philippine Stock Exchange index (PSEi) opened at 6,320.74, up 0.79% (9:30am), and went on to 6,323.7 after 10 minutes of trading. It went on to reach an intraday peak of 6,332.27 as the government announced a 6.8% GDP (gross domestic product) growth for the fourth quarter of 2012. The index then went on to close at…

Manila—(PHStocks)—Philippine stocks rallied to a new record high amid expectations of strong economic growth ahead of the announcement on Thursday. The bellwether Philippine Stock Exchange index (PSEi) closed Wednesday’s trading day at 6,271.23 – up 0.59% from yesterday, whereupon it breached the 6,200 level. In fact, intraday trading set new record highs as well today as PH stocks reached 6,300 points. In the screenshot below, the PSEi hit 6,301.09 by…