Topic: stock-market

PSEi ends flat ahead of Trump's trade speech

PSEi ends flat ahead of Trump's trade speech

ABS-CBN News
Posted at Nov 12 06:45 PM

Philippine shares end the day flat as investors await U.S. President Trump's upcoming Economic Club speech. The main index pared losses at the end of trading day and closed just above 8,000. An analyst believes external headwinds will continue to influence market sentiment. Read more »

PSEi rallies amid better-than-expected Q3 GDP

PSEi rallies amid better-than-expected Q3 GDP

ABS-CBN News
Posted at Nov 07 08:15 PM

Philippine shares rally at the close following the country's better-than-expected Q3 GDP print. The main index closed above 8,000. Despite the acceleration, an analyst believes the country's full-year growth will settle below government's 6%-7% target. Read more »

PSEi slips after Fed rate cut

PSEi slips after Fed rate cut

ABS-CBN News
Posted at Oct 31 06:04 PM

Philippine shares retreat alongside most Asian peers despite the U.S. Federal Reserve's decision to cut rates. The main index fell back below 8,000 for the day but snapped its two-month losing streak. An analyst sees a rebound in the market next week. Read more »

PSEi rallies ahead of Fed interest rate decision

PSEi rallies ahead of Fed interest rate decision

ABS-CBN News
Posted at Oct 30 05:57 PM

Philippine shares extended gains for a fourth straight session and outperformed the rest of Asia. The main index pierced through the 8,000 resistance level, even as some investors took to the sidelines ahead of the U.S. Federal Reserve's latest policy decision. An analyst chalks up the rally to window dressing but believes it is barely sustainable. Read more »

PSEi advances amid optimism on U.S.-China trade deal

PSEi advances amid optimism on U.S.-China trade deal

ABS-CBN News
Posted at Oct 29 05:28 PM

Philippine shares extend gains for a third straight session as investors monitor developments on the U.S.-China trade front. The main index still settled above 7,900. An analyst expects local investors to reenter the picture once the market pierces through the 8,000 resistance level. Read more »

PSEi dips amid Brexit uncertainties

PSEi dips amid Brexit uncertainties

ABS-CBN News
Posted at Oct 23 08:40 PM

Philippine shares dip alongside Asian peers following new Brexit uncertainties. The main index still managed to stay above the 7,900 territory. An analyst believes the main index saw a technical decline amid a lack of catalysts to move the market.   Read more »

PSEi gains on U.S.- China trade optimism

PSEi gains on U.S.- China trade optimism

ABS-CBN News
Posted at Oct 22 05:49 PM

Philippine shares advance alongside Asian peers following positive news from the U.S. and China trade talks. The main index climbed back above the 7,900 territory. An analyst hopes the country's strong fundamentals can encourage foreign buying. Read more »

PSEi falls but posts second weekly gain

PSEi falls but posts second weekly gain

ABS-CBN News
Posted at Oct 18 06:20 PM

Philippine shares fall alongside Asian peers after China released worse-than-expected GDP figures. The main index still managed to post a second weekly gain but fell back to the 7,800 territory. An analyst believes the market is not likely to recover.  Read more »

PSEi recovers amid Brexit deal optimism

PSEi recovers amid Brexit deal optimism

ABS-CBN News
Posted at Oct 16 06:11 PM

Philippine shares rise alongside Asian peers as reports indicate that a Brexit deal may be within reach. The main index surged to the 7,900 territory. But an analyst believes investors should stay on the sidelines. Read more »

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