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PSEi keeps upswing, hitting 7,146.35 ahead of GDP for Q2

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Philippine Stock Exchange.  AFP FILE PHOTO

The local stock barometer extended its winning streak for the fifth session on Tuesday, tracking an upbeat sentiment in Wall Street to set a new peak for this year ahead of the Philippines’ second quarter economic data report.

Posted: August 26th, 2014 in Latest Business Stories | Read More »

PSEi hits new high for 2014 at 7,096.49 despite ‘ghost month’

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PSE index as of August 20, 2014, 3:39 PM. Screengrab from http://edge.pse.com.ph/index/form.do

The local stock barometer retested the 7,100 mark and carved a new high for 2014 on Wednesday as investors rode on the positive momentum for local equities.

Posted: August 20th, 2014 in Latest Business Stories | Read More »

PSEi surges above 7,000

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PSE index as of August 20, 2014, 3:39 PM. Screengrab from http://edge.pse.com.ph/index/form.do

The local stock barometer surged to a new high for the year on Tuesday, firming up above 7,000, on follow-through buying related to the MSCI rebalancing alongside a favorable regional backdrop.

Posted: August 19th, 2014 in Featured Gallery,Latest Business Stories,Photos & Videos | Read More »

PSEi stays on upswing

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Philippine Stock Exchange.  AFP FILE PHOTO

The local stock barometer resumed its upswing on selective buying on Monday as investors priced in the final burst of second quarter earnings reporting, the MSCI rebalancing and improved risk-taking across the region.

Posted: August 18th, 2014 in Latest Business Stories | Read More »

PSEi breaches 7,000; Wall Street rally, MSCI index weight re-balancing cited

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Philippine Stock Exchange.  AFP FILE PHOTO

The local stock barometer finished beyond the 7,000-mark for the first time in 15 months on Thursday as select large-cap stocks benefited from the latest MSCI index weight re-balancing alongside good tidings from an overnight Wall Street rally.

Posted: August 14th, 2014 in Latest Business Stories | Read More »

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