Buy, sell or hold? How to navigate the coronavirus-infected stock market ABS-CBN NewsUpdated as of Apr 02 11:04 AM Wild swings in stock prices here and abroad due to the coronavirus pandemic show the nature of the equities market: it's volatile, an analyst said Thursday. Read more »
LOOK: Philippine Stock Exchange floor empty as coronavirus shifts trading off-site ABS-CBN NewsPosted at Mar 24 02:15 PM The Philippine Stock Exchange trading floor was empty on Tuesday as trades were made off-site in compliance with the Luzon-wide lockdown to stop the spread of COVID-19. Read more »
Philippines shares rebound as Asian markets seek calm from pandemic fears ABS-CBN News and ReutersPosted at Mar 20 10:36 AM Philippine shares on Friday rebounded from one of the steepest falls on record, as financial markets in Asia saw relief in Wall Street's overnight gains. Read more »
Philippine shares dive at resumption of trading, as COVID-19 rattles world markets ABS-CBN NewsUpdated as of Mar 19 10:29 AM Philippine shares fell on the resumption of trading Thursday, tracking the decline in world markets as policy action to fight the COVID-19 pandemic's impact on the global economy failed to halt the running selloff. Read more »
World markets tumble as recession fears eclipse stimulus Roland Jackson and John Biers, Agence France-PressePosted at Mar 19 08:04 AM Global stock and oil markets plunged Wednesday, as vast stimulus measures failed to offset heightened concerns that the worsening coronavirus outbreak will tip the world into a deep recession. Read more »
Philippine stocks to resume trading Thursday with remote transactions ABS-CBN NewsPosted at Mar 18 08:22 AM The Philippine Stock Exchange said trading would resume on Thursday, with transactions done remotely, after authorities exempted financial market platforms from the Luzon-wide COVID-19 lockdown. Read more »
THE DAY IN PHOTOS: March 17, 2020 ABS-CBN NewsPosted at Mar 18 02:28 AM Here are the day's top stories in photos. Read more »
Philippine Stock Exchange seeks lockdown exemptions in order to resume trading ABS-CBN NewsPosted at Mar 17 07:10 PM A position paper asking for travel exemptions during the Luzon-wide lockdown has been submitted to COVID-19 Inter-Agency Task Force (IATF), PSE president and CEO Ramon Monzon Monzon told ANC. Read more »
Makeshift mask Nelson Almeida, AFPPosted at Mar 17 05:23 PM A street vendor wears a plastic bag as a preventive measure against the spread of COVID-19 in downtown Sao Paulo, Brazil, on Monday. Read more »
PH shares suffer another bloodbath amid COVID-19 quarantine ABS-CBN NewsPosted at Mar 17 12:24 AM It doesn't get any better here at home as the Philippine stock market suffered another bloodbath, on its first day of shortened trading hours. Read more »
Philippine shares tumble as COVID-19 quarantine gets underway ABS-CBN NewsPosted at Mar 16 03:17 PM Share prices tumbled Monday, following a 14.4-percent loss last week, in shortened trading hours as Metro Manila observed the second day of a 1-month long quarantine to arrest the spread of COVID-19. Read more »
Finance chief asks GSIS, SSS to boost stock purchases ABS-CBN NewsPosted at Mar 13 03:15 PM The Philippine Stock Exchange Index had fallen intra-day by 10 percent twice in as many days due to investor unease over the 2019 coronavirus disease outbreak, which prompted a 1-month long quarantine of Metro Manila. Read more »
Philippine shares, peso extend losses on COVID-19 worries ABS-CBN NewsUpdated as of Mar 13 12:15 PM Trading at the Philippine Stock Exchange was temporarily halted after the benchmark fell by 10 percent for the second straight day. The peso declined for the third straight day. Read more »
Dow falls 8.7 percent as US stocks face another rout Agence France-PressePosted at Mar 12 10:28 PM Wall Street stocks were deep in the red early Thursday, resuming after a 15-minute suspension as the economic pain from the coronavirus deepens and widens. Read more »
Coronavirus worries sink Philippine shares the most since 2008 financial crisis ABS-CBN NewsUpdated as of Mar 12 08:05 PM Trading was halted shortly before the market closed, after the decline exceeded the 10-percent "circuit breaker." The Philippine Stock Exchange Index was down 10.33 percent to 5,697.13 before 3 p.m. Read more »
Philippine shares sink deeper as coronavirus prompts quarantines ABS-CBN NewsPosted at Mar 12 11:40 AM Philippine shares tumbled on Thursday, poised for the steepest drop since 2015 as coronavirus infections continued in what the World Health Organization now calls a pandemic. Read more »
PH shares extend gains on stimulus hopes ABS-CBN NewsPosted at Mar 12 01:31 AM Philippine shares extended their climb even as the rest of Asia floundered. Read more »
PH shares recover alongside Asian peers ABS-CBN NewsPosted at Mar 11 01:02 AM Philippine shares staged a recovery from Monday's severe rout. Read more »
PH shares sink into bear market territory amid growing COVID-19 concerns ABS-CBN NewsPosted at Mar 10 01:56 AM Philippines shares are shedding blood on the trading floor as the main index fell into bear market territory alongside regional peers. Read more »
Philippine stocks set for bear market on coronavirus worries ABS-CBN NewsUpdated as of Mar 09 04:26 PM The Philippines has so far confirmed 10 cases of COVID-19, triggering a selloff in local equities as the market approached bear territory. Read more »