Foreign Portfolio Investments Reach $740M in February

Transactions during February 2011 resulted in a net inflow of $534 million, nearly thrice the $193 million net inflow in January due to lower outflows ($935 million in February 2011 against $1.3 billion in January 2011), according to the Bangko Sentral ng Pilipinas (BSP). The net inflow also represented almost four times the $139 million […]
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PH Stocks Maintain Slow Climb

Local shares were slightly higher Wednesday, amid continuing oil price hikes brought about by the Libya effect. The bellwether Philippine Stock Exchange index (PSEi) gained 0.036% or 1.38 points to close at 3,855.52, while the wider all-shares index posted a 0.43% increase to 2,901.39 points. In terms of sectoral indices, only the Property and Services […]
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PH Stocks Up on Japan’s Improving Nuclear Situation

The bellwether Philippine Stock Exchange index (PSEi) went up 0.26% or 9.83 points to 3,854.14 points on Tuesday, amid news of improving nuclear situation in Japan. The wider all-shares index likewise moved up by 0.34% to 2,888.96 points as investor confidence slowly rebound. The Property index led the gaining sectors with a 1.17% increase, followed […]
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PH Stocks Slightly Up 0.12%

The bellwether Philippine Stock Exchange index (PSEi) went up Monday, a slightly slow but positive market opening for the week as Japan appears to have some success in cooling the nuclear reactors over the weekend. The PSEi closed the trading day at 3,844.31 points, up 0.115% or 4.43 points from Friday, when local shares rebounded […]
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Vista Land Leads Analysts’ Property Stock Picks for 2011

Vista Land and Lifescapes Inc. (PSE: VLL), the country’s largest publicly listed homebuilder, is the top investment choice in the property sector for 2011 of Leo Venezuela, AsiaMoney’s number one ranked property analyst in the Philippines. AsiaMoney magazine’s 2010 broker’s poll ranked Leo Venezuela as the country’s top property analyst and Alfred Dy as the […]
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PH Stocks Down 0.57%

The bellwether Philippine Stock Exchange index (PSEi) ended 0.57% lower on Tuesday, falling slightly below the 3,900-mark at 3,896.31 points. The wider all-shares index suffered the same fate, retreating 0.67% to 2,907.64 points. On a sectoral indices basis, all counters except the Holding Firms segment posted negative growth, with the Property sector having the biggest […]
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PHStocks Week in Review: Having a Break

The week that was could have been considered one solid rally for local shares, with PH stocks gaining steady growth for six consecutive days to go past the 3,900-point mark. The target was reached, but at the end of the week, the market retreated as if trading activity has reached the climax and everyone who’s […]
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PH Stocks Falter, End Six-day Rally

Just when investor confidence has started to gain momentum to reach the 4,000-mark, local shares faltered, with the main board Philippine Stock Exchange index (PSEi) ending its six-day rally on Friday to close at 3,924.35 points—down 0.899%. The wider all-shares index likewise stalled its uptrend, shedding 0.25% to close at 2,934.6 points. All counters, except […]
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