News

Asian markets extend decline ahead of OPEC meeting

ABS-CBN News
Posted at Dec 07 12:15 AM

The Organisation of the Petroleum Exporting Countries' (OPEC) expected production cuts is also affecting local market sentiment, as Philippine shares joined the wide-scale sell-off. Read more »

PH shares join global rally amid US-China trade war truce

ABS-CBN News
Posted at Dec 03 11:35 PM

Philippine shares join a global rally on the back of the trade war truce between the US and China, breaching the 7,500 level.  Read more »

Asian markets relieved at China-US truce, Australian dollar jumps

Wayne Cole, Reuters
Posted at Dec 03 07:52 AM

Trade-exposed currencies led the early gains, with the Australian dollar notching a 4-month peak, while the dollar slipped against the yuan. Read more »

Analyst: US-China trade war to benefit PH markets

ABS-CBN News
Posted at Dec 01 03:23 AM

Philippine markets get to react to the G20 Summit next week as the Philippine Stock Exchange is close Friday due to the Bonifacio Day holiday.  Read more »

PH shares fail to hold above 7,400 despite net foreign buying

ABS-CBN News
Posted at Nov 28 11:33 PM

Philippine shares give in to profit taking, failing to hold the 7,400 support level.  Read more »

Trump warning on China to test mood in Asian markets

Wayne Cole, Reuters
Posted at Nov 27 08:29 AM

In an interview with The Wall Street Journal, Trump said he expected to move ahead with raising tariffs on $200 billion in Chinese imports to 25 percent from 10 percent currently. Read more »

PH shares close at 2-month high

ABS-CBN News
Posted at Nov 26 11:27 PM

Philippine shares rallied, outperforming other bourses in Asia and ending the day at its highest in two months.  Read more »

PH shares outperform Asia bourses, close above 7,300

ABS-CBN News
Posted at Nov 24 01:12 AM

Philippine shares land in positive territory as they outperform other Asian bourses. Read more »

PH shares dip, take cue from Wall Street

ABS-CBN News
Posted at Nov 21 11:43 PM

Philippine shares close sideways, tracking the downturn on Wall Street.  Read more »

PH shares buck regional decline

ABS-CBN News
Posted at Nov 20 11:28 PM

Philippine shares buck a regional downtrend on the day of Chinese President Xi Jinping's state visit. Read more »

PH shares surge past 7,200 ahead of Xi Jinping visit

ABS-CBN News
Posted at Nov 20 12:05 AM

Philippine shares surged past the 7,200 level ahead of the arrival of Chinese President Xi Jinping.  Read more »

Shares back above 6,900 ahead of BSP policy meeting

ABS-CBN News
Posted at Nov 14 11:01 PM

Investors seem to be relaxed ahead of the Bangko Sentral ng Pilipinas' policy meeting Thursday as Philippine shares rise above the crucial 6,900 level. Read more »

Asian shares falter, dollar at 16-month peak on Europe, Brexit woes

Swati Pandey, Reuters
Posted at Nov 13 08:27 AM

MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.4 percent to a 1-1/2 week trough, with Australian and New Zealand shares opening sharply lower. Read more »

PH shares dip despite Asia rally

ABS-CBN News
Posted at Nov 12 11:30 PM

Philippine shares slipped again Monday despute the general boarse relief in Asia. Read more »

PH shares join downturn in Asia

ABS-CBN News
Posted at Nov 09 11:42 PM

Philippine shares succumbed to selling pressure Friday, joining a region-wide slump. Read more »

PH shares hit near 2-week high

ABS-CBN News
Posted at Nov 05 11:49 PM

Philippine shares play catch up to last week's gains in global equities as the local market reopen following the 4-day weekend. Read more »

PH shares buck rally in Asia, but stays above 7,000

ABS-CBN News
Posted at Oct 31 12:05 AM

Some analysts believe the PSE index may be stuck in lethargic trading until the end of the year. Read more »

Asian stocks fragile as trade tensions escalate

Tomo Uetake, Reuters
Posted at Oct 30 09:49 AM

MSCI's broadest index of Asia-Pacific shares outside Japan slid 0.1 percent, tracking falls in US stocks. The index has fallen more than 12 percent this month. Read more »

Last-minute jolt helps PH shares close above 7,100

ABS-CBN News
Posted at Oct 29 11:47 PM

Philippine shares eked out modest gains on Monday amid the latest slew of corporate earnings.  Read more »

Asian shares seen bouncing back but sentiment still fragile

Swati Pandey, Reuters
Posted at Oct 29 08:27 AM

A sense of fear has gripped financial investors after hefty losses across major equity indices last week left them with negative returns for the year. Read more »