Topic page on {?keyword?} | ABS-CBN News

Oil, equities hit by fears over economic impact of deadly virus

Agence France-Presse
Posted at Jan 27 12:40 PM

The economic shock to China and the world -- just as a growth slowdown appeared to be easing -- could be massive, according to one analyst. Read more »

Asian markets stabilize after China virus nerves

Agence France-Presse
Posted at Jan 24 06:15 PM

Asian markets halted their slide Friday with investor nerves eased after a week of volatility prompted by the rapid spread of a viral illness in China. Read more »

Asian markets rattled as China steps up virus response

Agence France-Presse
Posted at Jan 23 11:51 AM

Hong Kong and Shanghai both dropped 0.9 percent in morning trade while Tokyo was 0.6 percent lower.  Read more »

PH shares notch 2nd weekly loss for 2020

ABS-CBN News
Posted at Jan 17 11:54 PM

Philippine shares staged a last-minute bounce -- making it today's best performer in Asia. But the local market's rally wasn't enough to turn the whole week around. Read more »

PSEi bucks Asia rally

ABS-CBN News
Posted at Jan 10 05:32 PM

Philippine shares skip out on the regional rally brought by the de-escalation of U.S.-Iran tensions. The main index remained at the 7,700 level and posted its first weekly loss for the year. An analyst believes resolutions to domestic and geopolitical issues could boost the local market. Read more »

PSEi recovers amid easing Iran-U.S. tensions

ABS-CBN News
Posted at Jan 09 05:37 PM

Philippine shares recover alongside Asian peers following the seeming de-escalation of Iran-U.S. tensions. The main index remained at the 7,700 level. An analyst sees more foreign selling and range-bound trading until the main index reaches 8,000. Read more »

THE DAY IN PHOTOS: January 8, 2020

ABS-CBN News
Posted at Jan 09 12:07 AM

Here are the day's big stories in photos. Read more »

PSEi recovers amid faster-than-expected December inflation print

ABS-CBN News
Posted at Jan 07 05:39 PM

Philippine shares recovered alongside Asian peers as concerns about a further deterioration in the situation in the Middle East fade. The main index climbed back above the 7,800 level following the release of the country's December inflation print. An analyst believes investors are looking to move on from regulatory issues plaguing some firms. Read more »

PSEi falls amid US-Iran tensions

ABS-CBN News
Updated as of Jan 06 06:57 PM

Philippine shares fall in step with Asian peers amid heightened tensions between the United States and the Middle East.  Read more »

PH shares fall in holiday-thinned trading

ABS-CBN News
Posted at Dec 26 11:02 PM

Philippine shares returned from the holidays on the back foot, underperforming the rest of Asia. Read more »

Global stock markets coast through Christmas Eve

Agence France-Presse
Posted at Dec 25 08:16 AM

Global stock markets were mostly flat in quiet Christmas Eve trading on Tuesday, running out of fizz before the festive break, although the Nasdaq hit its ninth straight record close. Read more »

Stock market predictions are as reliable as weather forecasts

Jeff Sommer, The New York Times
Posted at Dec 25 05:44 AM

Strategists, some of whom are smart, are issuing precise predictions for where the market will be in 12 months and they look authoritative. The record shows that they are not as rock-solid as they appear. Read more »

PSEi falls back to 7,600

ABS-CBN News
Posted at Dec 19 06:17 PM

Philippine shares fall for the first time in three sessions, underperforming the rest of Asia. The main index fell back to the 7,600 level. But an analyst remains optimistic for the rest of the year.  Read more »

PSEi stages last minute recovery to end

ABS-CBN News
Updated as of Dec 18 06:04 PM

Philippine shares staged a last minute recovery to end the day flat. The main index still closed above 7,700. An analyst expects the local market to remain subdued for the rest of the year. Read more »

PSEi advances after Wall Street

ABS-CBN News
Posted at Dec 17 05:52 PM

Philippine shares advance alongside Asian peers on the back of trade optimism and Wall Street's run to all-time highs. The main index closed above the 7,700 territory. But shares of Manila Water suffered their biggest drop on record. An analyst believes investors have been spooked by reports of bankruptcy among water concessionaires.   Read more »

PSEi slips despite US-China interim trade deal

ABS-CBN News
Posted at Dec 16 06:50 PM

Philippine shares slip along with some Asian peers as investors remain cautious about the recently announced interim trade deal between US and China. The main index still closed above 7,700. An analyst sees some bearish sentiment in the local market.   Read more »

PSEi rallies after Trump reportedly signs off on trade deal with China

ABS-CBN News
Posted at Dec 13 05:53 PM

Philippine shares rise alongside Asian peers after U.S. Pres. Trump reportedly signed off on a phase one trade deal with China. The main index surged back above the 7,800 territory. But an analyst does not expect a Santa Claus Rally to happen this year.  Read more »

PSEi extends losses ahead of BSP policy announcement

ABS-CBN News
Posted at Dec 12 06:01 PM

Philippine shares extended losses ahead of the BSP's last policy announcement for the year. The main index still settled at the 7,700 level. An analyst expects monetary easing to continue next year. Read more »

PSEi advances ahead of BSP meeting

ABS-CBN News
Posted at Dec 11 08:11 PM

An analyst believes the issues surrounding local water concessionaires could deter the market from staging a Santa Claus Rally. Read more »

PSEi dips ahead of last BSP policy meeting for 2019

ABS-CBN News
Posted at Dec 09 08:38 PM

Here's your daily update from the Philippine Stock Exchange. Read more »