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US stocks end mostly higher after earnings deluge

AP photo

US stocks Thursday finished a holiday-shortened week mostly higher following a plethora of earnings reports that generally met or exceeded expectations.

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

PSEi returns to 6,400 level

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pse03312014

The local stock barometer returned to the 6,400 level on Monday on quarter-end portfolio buying as well as bets on monetary stimulus in China.

Posted: March 31st, 2014 in Latest Business Stories | Read More »

PSEi drops as BSP’s monetary tightening looms

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PSE index as of March 27, 2014, 3:40 PM. Screengrab from http://www.pse.com.ph

The local stock barometer slipped on Thursday ahead of a keenly awaited meeting by the local central bank, which has indicated a bias to shift to a monetary tightening cycle.

Posted: March 27th, 2014 in Latest Business Stories | Read More »

PSEi rises over upbeat US consumer report

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pse.com.ph photo

The local stock barometer rose slightly on Wednesday as most regional markets were lifted by an upbeat US consumer confidence report.

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

PSEi slips below 6,400 anew

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PSE index as of March 25, 2014, 3:46 PM. Screengrab from http://www.pse.com.ph

The local stock market swung back to negative territory as investors exercised caution in the absence of fresh catalysts and against a backdrop of mostly weaker regional markets.

Posted: March 25th, 2014 in Latest Business Stories,Photos & Videos | Read More »

PSEi retreats amid sluggish regional markets

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AP FILE PHOTO

The local stock barometer returned to the doldrums on Wednesday, ending a two-day run-up, as investors lacked new catalysts amid a mostly sluggish regional backdrop.

Posted: March 19th, 2014 in Latest Business Stories | Read More »

PSEi returns to 6,400 level as most regional markets recover

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pse.com.ph photo

The local stock barometer gained for the second session on Tuesday, bringing the main index back to the 6,400 level, as a recovery in most regional markets boosted risk-taking.

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

PSEi firms up but ends up short of 6,400-mark

By
pse03172014

After a three-day decline, the local stock barometer firmed up on Monday but settled at a tad below the 6,400 mark.

Posted: March 17th, 2014 in Latest Business Stories | Read More »

PSEi returns to 6,500

By
pse03112014

The local stock index climbed past the 6,500-mark on Tuesday as some offshore investors realigned funds in favor of the Philippines.

Posted: March 11th, 2014 in Latest Business Stories | Read More »

PSEi manages modest gain amid sluggish regional markets

By
pse03102014

The local stock barometer modestly gained on Monday on improved investor sentiment even as most other markets in the region were weighed down by sluggish data out of China and Japan.

Posted: March 10th, 2014 in Latest Business Stories | Read More »

PSEi climbs back to 6,500 level

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Philippines Stocks Exchange. AP FILE PHOTO

The local stock barometer retested the 6,500 mark on Thursday as investor appetite further improved with a strong corporate earnings flow and the inclusion of more Philippine corporations into the FTSE All-World Index.

Posted: March 6th, 2014 in Latest Business Stories | Read More »

PSEi resumes upswing

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Philippine Stock Exchange AFP FILE PHOTO

The local stock index swung back to positive territory on Wednesday after three days of profit-taking in the stock market, still driven by optimism about local corporate earnings.

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

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