PSEi rises to 5,400 level to open Q2

Credit to Author: Faye Almazan| Date: Wed, 01 Apr 2020 17:37:27 +0000

The stock market continued its winning streak for the second consecutive day on Wednesday — the start of the second quarter of 2020 — but analysts do not expect it sustaining the rally for long. The benchmark Philippine Stock Exchange index (PSEi) increased by 1.64 percent or 87.29 points to close at 5,408.52, while wider […]

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Bourse snaps 3-day rally

Credit to Author: Faye Almazan| Date: Fri, 27 Mar 2020 19:24:14 +0000

The stock market ended its three-day winning streak on Friday after investors decided to cash in. The benchmark Philippine Stock Exchange Index (PSEi) dropped by 2.5 percent or 134.96 points to close at its intraday low of 5,266.2, while the wider All Shares dipped by 0.96 percent to end at 3,219.50. Analysts had expected the […]

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RRR cut lifts PSEi to 5,000 level

Credit to Author: Faye Almazan| Date: Wed, 25 Mar 2020 17:56:57 +0000

The stock market broke through the 5,000 territory on Wednesday as the Bangko Sentral ng Pilipinas’ (BSP) announcement of a considerable reduction in banks’ reserve requirement ratio (RRR) continues to buoy investors. The benchmark Philippine Stock Exchange Index (PSEi) soared by 5.31 percent or 253.49 points to close at 5,027.76, while the wider All Shares […]

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PSEi records minimal slip

Credit to Author: Faye Almazan| Date: Mon, 23 Mar 2020 17:07:24 +0000

The benchmark Philippine Stock Exchange Index (PSEi) ended slightly down on Monday as effects of the coronavirus disease 2019 continue to raise uncertainties in the market. The local bourse fell by 0.74 percent or 35.39 points to close at 4,743.37, while the wider All Shares dropped 0.73 percent or 21.63 points to 2,927.02. AAA Equities […]

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Covid fears plunge PSEi to 4,000 level

Credit to Author: Faye Almazan| Date: Thu, 19 Mar 2020 16:20:43 +0000

The stock market reeled from another record bloodbath on Thursday, almost sinking to the 3,900 territory earlier in the day that forced trading to halt for the third time in a week, as the unabated spread of the coronavirus disease 2019 (Covid-19) in the country continues to alarm investors. The benchmark Philippine Stock Exchange index […]

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PSEi flat; investors on wait-and-see mode

Credit to Author: Lisbet K. Esmael| Date: Tue, 18 Feb 2020 16:22:57 +0000

Local shares were muted on Tuesday as investors await the release of listed companies’ 2019 earnings. The benchmark Philippine Stock Exchange index (PSEi) fell by 0.05 percent or 3.96 points to close at 7,322.89, while the wider All Shares was slightly up by 0.05 percent or 2.28 points to finish at 4,340.98. “Here at the […]

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PSEi goes downhill for 6th consecutive day

Credit to Author: Tyrone Jasper C. Piad| Date: Mon, 03 Feb 2020 16:20:33 +0000

The local bourse has not yet sought refuge from the global epidemic that is the 2019-novel Coronavirus (2019-nCoV), plunging into red territory for sixth consecutive trading day. The benchmark Philippine Stock Exchange index (PSEi) dropped by 0.89 percent or 63.76 points to end at 7,137.03 while the wider All Shares declined 0.82 percent or 35.38 […]

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Shares flat amid coronavirus scare

Credit to Author: Tyrone Jasper C. Piad| Date: Fri, 24 Jan 2020 16:21:58 +0000

DESPITE remaining firmly in the 7,600 territory, the stock market ended the week flat on growing worries about the spread of the novel coronavirus from Wuhan, China. The benchmark Philippine Stock Exchange index (PSEi) added 0.09 percent or 7.06 points to close at 7,623.41, while the wider All Shares climbed by 0.43 percent or 19.37 […]

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