Stocks fall for 3rd day on fresh trade war fears

PHILIPPINE shares skidded for the third day on Friday on fears of a renewed trade war between the United States and China, with China markets falling into bear territory. As of the noon break, the bellwether Philippine Stock Exchange index (PSEi) dropped 1.13 percent or 86.06 points to 7,552.65 while the broader All Shares declined 0.62 percent or 28.71 […]

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PSEi skids to 7700 level after Aug inflation data

THE stock market fell to the 7,700 territory in early trading Wednesday following the release of higher- than-expected August inflation data. As of 11:33 a.m., the benchmark Philippine Stock Exchange index (PSEi) was down 1.62 percent or 127.42 points at 7,754.40 while the wider All Shares was down 1.35 percent or 64.88 points at 4,730.98. Regina Capital Development […]

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PH stocks lower in morning trade on disappointing data 

PHILIPPINE shares fell in early trading on Monday as investors factored in the unfavorable macroeconomic data last week, with some also rebalancing their portfolios given the start of ghost month. The benchmark Philippine Stock Exchange index dropped 152.99 points or 1.96 percent at 7,651.99 at the close of morning trade while the broader All Shares declined 65.97 […]

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Foreign selling drags PSEi in morning trade

PHILIPPINE shares retreated in early trading on Tuesday on foreign selling along with profit-taking by local investors following five straight days of market gains. At the noon break, the benchmark Philippine Stock Exchange index (PSEi) was down 109.52 points or 1.41 percent at 7,663.80 while the wider All Shares was down 44.57 points or 0.96 percent at 4,600.71. Philstocks […]

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