Massive Selloff Pulls Down PSEi to 6,900 Level

Manila—(PHStocks)—Bloodbath. Philippine stocks suffered massive selloff amid weak investor sentiment in regional markets. The benchmark Philippine Stock Exchange (PSE) index plunged by 2.71% or 194.17 points to close today’s session at 6,966.21. All counters were in the red, led by the 3.2% drop in the Holding Firms index. The Property sector declined by 2.48% while […]
Continue reading…

 

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 […]
Continue reading…

 

PH Stocks Rebound

Manila—(PHStocks)—After two sessions of declines, Philippine stocks recovered Tuesday, 11 November, buoyed by strong performance in Wall Street. The mainboard Philippine Stock Exchange (PSE) index went up by 0.17% or 12.43 points to close at 7,204.55. The Financials and Mining and Oil indices remained in red. The Property sector, on the other hand, was the […]
Continue reading…

 

PH Stocks Retreat

Manila—(PHStocks)—Philippine stocks slid amid profit taking Friday, 7 November. The Philippine Stock Exchange (PSE) index went down by 0.43% or 30.91 points to close the first trading week of November at 7,205.72. All counters are back in the red, but—except for the Financials, which dropped by 1.01%, all remaining indices—losses were minimum. The Property index, […]
Continue reading…

 

PH Stocks End Lower

Manila—(PHStocks)—Philippine stocks closed the week on a lower note amid the continuous uncertainty in global markets. The mainboard Philippine Stock Exchange (PSE) index slid by 018% to close the session at 7,103.55 today, October 25. While the Services, Holding Firms and Industrial indices managed to maintain their levels, the rest of the counters fell, led […]
Continue reading…