PH Stocks Bounce Back

Manila—(PHStocks)—Philippine stocks recovered yesterday’s losses, buoyed by optimism in U.S. growth prospects as well as expectations of higher global growth forecasts by the International Monetary Fund. The benchmark Philippine Stock Exchange index (PSEi) gained 0.66% or 39.04 points to close at 5,986.48 today, 8 January. All counters are in the green, led by the Property […]
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PH Stocks Extend Gains on US Rebound

Manila—(PHStocks)—Philippine stocks were up for the third straight session Tuesday, 17 December, as investors continue to take position amid the downtrend last week and a strong rally in US stocks. The Philippine Stock Exchange index (PSEi) closed at 5,928.99, up by 2%. All counters were in the green, led by the Industrials, which gained 2.83%. […]
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PH Stocks Edge Higher on Bargain Hunting

Manila—(PHStocks)—Philippine stocks recover slightly on Friday, December 13, as investors start to hunt for bargain stocks after bumpy trading this week. The Philippine Stock Exchange index (PSEi) closed at 5,767.13, nearly unchanged from Thursday’s (12 December) 5,762.53. Nevertheless, this is being seen as a start of a turnaround as investors started to hunt for bargains. […]
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PH Stocks Down Anew on Profit Taking

Manila—(PHStocks)—Philippine stocks falter on a new wave of profit taking Thursday, 15 August, after a rally yesterday. The benchmark Philippine Stock Exchange index (PSEi) slid by 1.14% or 75.9 points to close today’s trading at 6,580.71. Contrary to yesterday’s market performance, the Mining and Oil index was the only sector to post gains (+0.45%). All […]
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PH Stocks Slide on Profit Taking

Manila—(PHStocks)—Philippine stocks end lower Thursday, 4 July, as investors move to cash in on some of their gains. The benchmark Philippine Stock Exchange (PSE) index slipped by 0.24% or 15.86 points to close the day’s trading at 6,464.26. Today, the Industrials and the Holding Firms sectors suffered declines, with the former losing 0.59% while the […]
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PH Stocks Maintain Rise

Manila—(PHStocks)—PH stocks rallied for the fourth session Monday, 1 July – the first trading day of the second half of the year – in line with market optimism in Asia. The benchmark Philippine Stock Exchange (PSE) index rose by 0.95% or 61.34%, withstanding an early profit taking seen in the market, to close the day’s […]
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Rebound Continues; PH Stocks Climb to 6300

Manila—(PHStocks)—Philippine stocks continued their rally Thursday, 27 June, amid positive market sentiment and moves by China to stabilize its financial market. The benchmark Philippine Stock Exchange (PSE) index went up by 3.42% or 209.06 points to close today’s trading at 6,328. In fact, PSEi again led the Asia Pacific stock market indices in terms of […]
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PH Stocks Continue Recovery

Manila—(PHStocks)—Philippine stocks reversed their trend early this week and regain their losses Friday, 7 June, as investors start to hunt for bargains. The Philippine Stock Exchange (PSE) index went up by 1.41% or 92.94 points to close the week at 6,701.95. All counters were back in the green, led by the Financials sector, which increased […]
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