News

PH shares notch 1st weekly gain in almost a month

ABS-CBN News
Posted at May 24 11:15 PM

Despite more upbeat news on US-China trade relations, Philippine shares end the day down, but notch their first weekly gain in almost a month. Read more »

PH shares decline as trade jitters persist in Asia

ABS-CBN News
Posted at May 23 11:47 PM

Philippine shares are in the red as more suppliers cut ties with embattled Chinese tech firm Huawei. Read more »

PH shares continue rise for 4th day

ABS-CBN News
Posted at May 22 11:41 PM

Philippine shares defied extending gains despite escalating trade tensions. Read more »

PH shares back to 7,700 amid temporary reprieve for Huawei

ABS-CBN News
Posted at May 22 01:21 AM

The temporary reprieve for Chinese telco giant Huawei seemed to give Asian shares a lift as most markets, including the Philippines, end the day higher.  Read more »

PH shares jump to 7,600 level supported by late afternoon rally

ABS-CBN News
Posted at May 20 11:27 PM

 An analyst believes fundamentals, not monetary adjustments, will be the main market drivers in the long-term.  Read more »

PH shares recover losses after BSP reserve requirement cut

ABS-CBN News
Posted at May 17 11:04 PM

While the local market's performance is down for the week overall, a reserve requirement cut from the central bank gave quite a boost to investor sentiment Read more »

PH shares fall anew

ABS-CBN News
Posted at May 16 10:55 PM

Philippine shares fell to 7,400 as global headwinds and a lack of good catalysts weigh on market sentiment.  Read more »

PH shares drop to 7,500 level despite Asia rally

ABS-CBN News
Posted at May 15 11:28 PM

Philippine shares succumbed to selling pressure for the fourth day in a row, struggling to make back losses from earlier this week due to US-China trade tensions. Read more »

US-China rift affects Philippine stocks as trading resumes after polls

ABS-CBN News
Posted at May 15 02:35 AM

The rift between the US and China affected sentiments here in the Philippines. Read more »

SEC approves registration for one-person corporations

ABS-CBN News
Posted at May 10 10:35 PM

The easier option to register businesses is expected to generate millions of new company applications and improve business activity in the country. Read more »

PH shares dip despite central bank’s policy rate cut

ABS-CBN News
Posted at May 10 10:20 PM

The central bank's rate cut did little to lift sentiment and investors look forward more to cuts in the reserve requirement for banks. Read more »

PH shares fall amid slower growth in 1st quarter 2019

ABS-CBN News
Posted at May 09 11:00 PM

Philippine shares tumbled as investors digested weaker-than-expected growth numbers. Read more »

PH shares outperform peers, as trade-war fears grip Asia

ABS-CBN News
Posted at May 08 11:32 PM

Philippine shares managed to post modest gains as investors brace for Thursday, where they'll digest key economic data and major monetary policy decisions. Read more »

PH shares rise back above 7,900 amid slower inflation

ABS-CBN News
Posted at May 07 10:20 PM

Philippine shares rose above 7,900 as inflation eased further in April. Read more »

PH shares tumble amid trade tensions between US, China

ABS-CBN News
Posted at May 06 11:43 PM

Philippine shares tumbled because of trade tensions between the United States and China, but investors remain optimistic with the country's inflation data out Tuesday. Read more »

Globe Telecom Q1 net income up 44 percent on data push

ABS-CBN News
Posted at May 06 09:41 AM

The Ayala-led carrier said it posted net income of P6.7 billion in the first quarter. Core net income, which excludes the impact of non-recurring charges and foreign exchange and market-to-market charges, grew 40 percent. Read more »

PH shares fall below 8,000 but eke out weekly gain

ABS-CBN News
Posted at May 03 10:46 PM

Philippine shares slip for the day but still finished the week with a gain. Read more »

PH shares bounce back above 8,000 after S&P credit rating upgrade

ABS-CBN News
Posted at May 02 11:21 PM

The Philippine Stock Exchange index rose back above 8,000 as investors react to S&P's decision to award the Philippines its highest sovereign credit rating ever. Read more »

PH shares notch 2nd monthly gain ahead of Labor Day

ABS-CBN News
Posted at Apr 30 11:25 PM

The S&P credit rating upgrade for the Philippines came after trade closed on the last trading day of April, but as this report tells us, the Philippine Stock Exchange index did fine without that bit of good news, notching its second straight monthly gain. Read more »

PH shares rise on last-minute jump amid thin trade

ABS-CBN News
Posted at Apr 29 11:34 PM

Philippine shares enjoyed a last-minute kick amid thin volumes and lackluster earnings. Read more »