Thursday, May 21, 2026
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Tag: global stock markets

Stocks rise on hopes Fed may end interest hike cycle

MANILA—Local stocks rose Monday in line with most Asian markets on hopes the US Federal Reserve may pause monetary tightening in response to weak...

Stocks rise on bargain hunting, US data

Philippine stocks extended their gains Wednesday on bargain hunting and strong performance of US equities. The 30-company Philippine Stock Exchange index surged 70.29 points, or...

Local stocks rebound, track US market

Local stocks rebounded Thursday from four days of decline, as the benchmark index tracked the positive performance of US and Asian markets. The 30-company bellwether...

Markets mixed on China’s move to cut interest rates

HONG KONG, China—Markets were mixed Monday as China’s decision to cut interest rates again failed to reassure investors, who are increasingly worried about the...

Stocks, peso rise ahead of BSP policy meet

Local stocks and the peso rose Wednesday as investors positioned ahead of the Bangko Sentral ng Pilipinas’ policy-setting meeting on Aug 17. The Philippine Stock...

Local stocks bounce back, brush aside US ratings downgrade

Stocks bounced back Thursday after Wednesday’s sell-off as bargain hunters cautiously picked up shares with promising earnings. The PSE index, the 30-company barometer of the...

Stocks plunge on US credit downgrade

Local stocks plunged Wednesday, tracking the movement of Asian markets after Fitch downgraded the US credit rating. The Philippine Stock Exchange index lost 110.52 points,...

Local stocks rise to end three-day slump

The local stock market inched higher Tuesday to end a three-day slump following overnight gains on Wall Street. The 30-company Philippine Stock Exchange index rose...

Local stocks buck Wall Street’s advance on last-minute selling

Philippine stocks started the week in the red, pushing down the benchmark index below the 6,600 level, on month-end portfolio adjustments. The Philippine Stock Exchange...

Stock market climbs on higher 2nd-quarter corporate earnings

Local stocks rose Wednesday, driven by last minute bargain hunting and expectations of higher second-quarter corporate earnings. The 30-company Philippine Stock Exchange index gained 18.02...

Stocks advance ahead of Fed policy meet

Local stocks rose Tuesday on positive investors’ sentiments following President Ferdinand Marcos Jr.’s second State of the Nation Address Monday and ahead of the...

Market declines as investors await President’s new policies

Local stocks traded sideways Monday ahead of President Ferdinand Marcos Jr.’s State of the Nation Address. The 30-company Philippine Stock Exchange index slipped 16.31 points,...

Stocks climb on positive corporate earnings

Local stocks extended their climb Thursday to close above the 6,600 level, bucking the regional decline amid optimism on second-quarter corporate earnings. The Philippine Stock...

Stocks decline on China’s sluggish growth

Local stocks fell for a second day on worries about China’s sluggish economic growth. The 30-company Philippine Stock Exchange index slipped 21.96 points, or 0.34...
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