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 Climbs to 7,300

Manila—(PHStocks)—Philippine stocks surge Monday, 24 November, tracking performance in other Asian markets as investors cheer the prospect of further policy stimulus in Europe, and the Chinese central bank’s interest rate cut. The Philippine Stock Exchange (PSE) index went up by 0.67% or 48.95 points to close today’s trading at 7,325.13. All counters finished in the […]
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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 Retreat on Profit Taking

Manila—(PHStocks)—Philippine stocks ended the week on a weaker note Friday, 16 May, as investors lock in their gains after the rally early in the week. The mainboard Philippine Stock Exchange index (PSEi) shed 0.46% or 31.62 points to close the week at 6,817.71, keeping its foothold at the 6800 level. All counters were in the red, […]
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Rally Continues; PSEi Climbs Back to 6,700

Manila—(PHStocks)—Philippine stocks continued their rally Wednesday, 30 April, amid investor optimism on corporate earnings. The Philippine Stock Exchange index (PSEi) went up by 1.08% or 71.46 points to close the month’s trading at 6,707.91. All counters remain in the green, led again by the Property sector, which extended its gains by a further 1.67%. The […]
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PH Stocks Extend Growth

Manila—(PHStocks)—Philippine stocks extended their growth Wednesday, 16 April, as the local market takes a break for Lent. The Philippine Stock Exchange index (PSEi) rose further by 0.75% or 49.52 points to close the short trading week at 6,671.18. All counters remained in the green, led by the Property sector, which gained 1.43%. The wider All […]
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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 Surge on Upbeat Market Sentiment

Manila—(PHStocks)—The Philippine stock market was up for the fourth session, tracking regional markets on strong factory data in the United States. The benchmark Philippine Stock Exchange index (PSEi) went up by 1.12% or 73 points to close the week at 6,587.72. All counters are in the green, led by the Property sector, which gained 2.19%. […]
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