PH Stocks Recover

Manila—(PHStocks)—After a two-day decline, Philippine stocks recovered today as investors hunt for bargains. The benchmark Philippine Stock Exchange index (PSEi) went up by 1.15% or 90.37 points to close today’s trading at 7,927.49. The wider All Shares index, meanwhile, recovered 44.82 points to finish at 4,730.32. Related Articles:PH Stocks Down AnewPHStocks Week in Review: Selling […]
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PHStocks Exclusive: Top 50 Best Performing Stocks in May 2016

Manila—(PHStocks)—Last month saw the Philippines’ presidential elections, and the looming change of administration in the country saw investor mood getting more positive, as seen in the mostly positive levels of the mainboard PSE index. We have yet to see really the impact of this new government in the country’s economy. Let’s just hope it’s for […]
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Philex Petroleum Posts PhP44.2M Net Loss for 1Q2015

Pasig—(PHStocks)—Philex Petroleum Corp. (PSE: PXP) incurred a consolidated net loss of PhP44.2 million for the three-month period ended 31 March 2015, compared to a net income of PhP25.7 million during the same period last year. The net loss attributable to equity holders of the parent company amounted to PhP22.8 million, compared to PhP20.2 million during the same […]
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PSEi Extends Growth, Hits New Record

Manila—(PHStocks)—The bulls beat the bears as the Philippine Stock Exchange (PSE) index continued its steady growth on Monday, 26 January, buoyed by market sentiment on the European Central Bank’s (ECB) stimulus announcement last week. The PSEi closed today’s trading at 7,586.67, up by 0.5% or 37.74 points. This is despite the profit-taking early in the […]
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PSEi Hits Record High

Manila—(PHStocks)—The Philippine Stock Exchange (PSE) index reached a new high on Friday, 23 January, buoyed by the European Central Bank’s (ECB) stimulus announcement last night. Investors worldwide cheered the announcement by ECB President Mario Draghi that the bank will start buying bonds worth €60 billion a month. This has fueled a positive market sentiment today, with […]
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PH Stocks Firm Up

Manila—(PHStocks)—The mainboard Philippine Stock Exchange (PSE) index went up for the second straight session as investors hunt for bargains amid strong market fundamentals. The PSEi increased by 0.71% or 51.41 to close today’s session at 7,275.62. The Mining and Oil index suffered a 1.3% decline amid continued weakness in crude prices. The Property index, on […]
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PH Stocks Bounce Back

Manila—(PHStocks)—Local stocks recover on Friday, 28 November, as investor appetite returned after the sellout in the previous day due to profit taking and the lower-than-expected GDP crowth for the country. The Philippine Stock Exchange (PSE) index went up by 0.4% or 29 points to finish the month’s trading at 7,294.38. Most counters were back in […]
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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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