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Monday, December 4, 2023

Stocks

Stock market seen taking cues from inflation report

Investors are expected to take cues from the upcoming economic data this week, including the November inflation print, amid the market’s continued consolidation. China Bank Capital managing director Juan Paolo Colet said a sustained slowdown in inflation rate could persuade the Bangko Sentral ng Pilipinas to maintain current interest rates in its policy meeting next week. He said the signs of cooling US job market could also support view that the...

Market rose on first day of December trading

Philippine stocks started December trading on a positive note amid the drop...

Stock market rose on first day of December trading

Philippine stocks started December trading on a positive note amid the drop...

Stocks, peso fall on profit-taking, buck other Asian markets’ uptrend

Philippine stocks fell for a second day, bucking the uptrend in other...

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Local stocks decline amid profit-taking

Philippine stocks pulled back on Wednesday after two straight days of gains. The bellwether Philippine Stock Exchange index dropped 44.43 points, or 0.70 percent, to...

PSEi rises above 6,300 as oil prices ease

Philippine stocks rose Tuesday, following a long break, on growing optimism about the economy and easing global oil prices amid the temporary truce between...

Improved economic outlook to lift stock trading this week

Philippine stocks are expected move sideways with an upward trend in this shortened trading week on improving economic outlook. Financial markets were closed Monday, which...

Stock exchange gets approval to resume talks on PDS buyout

The Securities and Exchange Commission (SEC) said Friday it approved the Philippine Stock Exchange Inc.’s (PSE) bid to negotiate the acquisition of additional shares...

PH stocks, peso rise on growing optimism

Both the Philippine stocks and the peso closed higher Friday on growing optimism about the fourth-quarter economic activities. The 30-company Philippine Stock Exchange index went...

Philippine stock market bounced back Friday

Philippine stocks ended the week in the green as sustained buying pushed the benchmark index closer to the key resistance level of 6,300. The 30-company...

Steniel avoids delisting from PSE, but stock trading remains frozen

Trading of Steniel Manufacturing Corp.’s stocks will remain suspended even after the company complied with the 20-percent minimum public ownership (MPO). The Philippine Stock Exchange...

Stock market retreats on profit taking; peso remains strong

The Philippine stock market edged slightly lower Thursday ahead of the US Thanksgiving holiday. The 30-company Philippine Stock Exchange index lost 6.98 points, or 0.11...

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