Market Enters 7th year of Bull Run

The bulls have ruled the local stock market in the last six years and the consensus points to the local stock barometer continuing to explore uncharted territory this year. In the first three months of the year, the Philippine Stock Exchange index (PSEi) has posted 23 record closing levels and 17 intra-day record highs and […]
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PH Stocks Down Anew on Profit Taking

Manila—(PHStocks)—After achieving the highest level in intra-day trade so far this year (7,016.71 on 7 July) before closing at 6,999.1, the Philippine Stock Exchange index (PSEi) retreated on profit taking Tuesday, 8 July, closing the trading session at  6,948.52, down by 0.72% or 50.58 points. All counters are in the red, led by the Mining […]
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PH Stocks Succumb to Profit Taking Anew

Manila—(PHStocks)—The mainboard Philippine Stock Exchange index (PSEi) fell below the 6,800-level Monday, 26 May, as investors lock in their gains and stay in the sidelines ahead of the release of the country’s first-quarter GDP report. The PSEi shed 0.31% or 20.91points to close the session at 6.790.42. Only the Industrial sector managed to maintain its level, […]
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BLOG: Tread Carefully

We are nearing the middle of May, yet what we’re hearing in the market right now are bullish macroeconomic forecasts and indexes hitting record highs. This, despite the lingering subconscious nagging of “Sell in May and go away” mantra that most so-called seasoned investors and traders usually believe, or adhere to. I tend to think […]
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PSEi Clings to 6400 Level amid Selloff

Manila—(PHStocks)—Philippine stocks were down for the second session Thursday, 20 March, as investors lock in their profits. The benchmark Philippine Stock Exchange index (PSEi) dropped further by 0.7% or 45.14 points to close today’s trading at 6,417.35, keeping its foothold at the 6400 level. This, following a 4-point decline yesterday. Related Articles:Bloomberry In, Petron Out […]
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PH Stocks Slide on Profit Taking

Manila—(PHStocks)—Philippine stocks were down on Wednesday, 12 March, as investors pocketed their gains after a two-day rally. The Philippine Stock Exchange index (PSEi) lost 1.03% or 67.11 points to close today’s session at 6,462.47. Related Articles:Bloomberry In, Petron Out of PSE IndexContinued Reforms to Boost PSEiPH Stocks Down Anew on Profit TakingPH Stocks Succumb to […]
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PSE Releases New Index Composition

Makati—(PHStocks)—The Philippine Stock Exchange (PSE) is announcing the results of the regular review of the PSE index (PSEi) and sector indices covering trading activity for the period July 2012 to June 2013. The review of the composition of the indices was based on the previously approved criteria used for selecting the members of the indices. […]
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PH Stocks Rally on Upbeat US Retail Market Data

Manila—(PHStocks)—Philippine stocks extended their rally Wednesday, 14 August, buoyed by upbeat retail market data in the United States. The benchmark Philippine Stock Exchange (PSE) index breached the 6,600 level – gaining 101.99 points or 1.56% to close the day’s trading at 6,656.61. Related Articles:Bloomberry In, Petron Out of PSE IndexPSE to Introduce New Indices, Starts […]
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