PH Stocks Surge on Upbeat Market Sentiment

Manila—(PHStocks)—The Philippine stock market was up for the fourth session, tracking regional markets on strong factory data in the United States. The benchmark Philippine Stock Exchange index (PSEi) went up by 1.12% or 73 points to close the week at 6,587.72. All counters are in the green, led by the Property sector, which gained 2.19%. […]
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Unionbank Offers to Buy Export Bank

Aboitiz-led Union Bank of the Philippines (PSE: UBP) has offered to come in as the white knight of Export and Industry Bank (EIB), proposing a framework to revitalize the shuttered bank as part of the universal bank’s strategy to grow in preparation for the Southeast Asian economic integration. Read More Source: Philippine Daily Inquirer Related Articles:UnionBank […]
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PHStocks Exclusive: 50 Top-performing Stocks for 2013

The Philippine stock market had a heck of a ride in 2013. The year started with a record high 5,860.99 points (2 January), following 2012’s ender at 5,812.73 (28 December 2012). What followed were historic high upon historic high finishes for the Philippine Stock Exchange index (PSEi). Things get even more interesting as the country […]
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PHStocks Exclusive: Top 50 Stock Performers for December

Here are the top 50 stock performers for the month of December (last trading date, 27 December 2013): 1. MacroAsia Corp. (PSE: MAC): PhP 3.95, 106.8% 2. Synergy Grid & Development Phils. Inc. (PSE: SGP): PhP390.00, 25.89% 3. Atlas Consolidated Mining and Development Corporation (PSE: AT): PhP14.54, 24.49% Related Articles:PHStocks Exclusive: 50 Top-performing Stocks for 2013PHStocks Exclusive: […]
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PH Stocks Close Higher Ahead of Holidays

Manila—(PHStocks)—Philippine stocks recover Monday, 23 December, as investor confidence get a boost from news that the U.S. economy has grown faster than projected in the third quarter. The Philippine Stock Exchange index (PSEi) went up by 0.34% or 19.75 points to close today’s trading at 5,854.88. Related Articles:PH Stocks Down for Second SessionPH Stocks Edge […]
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PH Stocks Down on Subdued Trading, Profit Taking

Manila—(PHStocks)—Philippine stocks slid on Tuesday, 24 September, as investors lock in their gains while others stayed in the sidelines amid looming U.S. budget talks. The mainboard Philippine Stock Exchange index (PSEi) declined by 0.26% to 6,461.38, slightly wiping out gains made yesterday. Related Articles:PH Stocks: Selloff Continues on Poor US Manufacturing DataPH Stocks Bounce BackPH […]
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China Manufacturing Data Pushes Up PH Stocks

Manila—(PHStocks)—Philippine stocks recovered Monday, 23 September, buoyed by a better-than-expected China manufacturing data. The benchmark Philippine Stock Exchange index (PSEi) went up by 0.83% to close the day’s trading at 6,477.94. All counters are back in the green, led by the Property index, which posted a 1.02 gain after last week’s profit taking. The Services […]
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PH Stocks Succumb to New Round of Profit Taking

Manila—(PHStocks)—Philippine stocks take a breather on Friday, 20 September, as investors lock in their gains after the surge in the market on Thursday due to the U.S. Federal Reserve’s announcement that they will maintain their $85 billion bond-buying program. The benchmark Philippine Stock Exchange index (PSEi) ended 1.34% lower to 6,424.45, dragged down by International […]
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