PH Stocks Take a Breather

Manila—(PHStocks)—Philippine stocks declined Friday, 19 July, as investors cash in on their gains after a rally the previous day. The Philippine Stock Exchange (PSE) index kept its hold on the 6,600 level, closing the week at 6,621.02, up by 0.41%. Only the Mining and Oil (+0.57%) and Holding Firms (+0.06%) managed to eke out gains. […]
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PH Stocks Extend Rally, End 1H13 Trading on Positive Note

Manila—(PHStocks)—Philippine stocks rallied for the third session amid market optimism in Asia as well as sustained investor confidence in the United States after the Fed’s announcement of continued stimulus program. The mainboard Philippine Stock Exchange (PSE) index added 2.17% or 137.28 points to close at 6,465.28 today, 28 June – ending the last trading day […]
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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 Down for Fifth Session

Manila—(PHStocks)—Philippine stocks were down for the fifth straight session Tuesday, 25 June, amid continued hot money outflows due to the negative market sentiment from Fed’s announcement of tapering its QE program, and weighed even further down by the current credit crunch in China. Although the bulls staged a late rally to somehow ease the stocks’ […]
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Sell-off Pulls PH Stocks Below 6000 Level

Manila—(PHStocks)—Philippine stocks succumb to sell-off amid continued investor pessimism gripping the market. The benchmark Philippine Stock Exchange (PSE) index dropped by 3.42% or 211.12 points to close today’s trading at 5,971.05 – losing close to 20% of its value since it hit a market high of 7392 in the middle of last month. China’s slide […]
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