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Page 15 - ரெஜினா மூலதனம் வளர்ச்சி கார்ப் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Shares up on manufacturing data, vaccine news

February 1, 2021 | 9:00 pm Font Size AAA PHILIPPINE SHARES bounced back on Monday as market sentiment improved due to factory activity data and the nearing arrival of coronavirus disease 2019 (COVID-19) vaccines in the country. The Philippine Stock Exchange index (PSEi) improved 202.14 points or 3.05% to finish at 6,814.76 yesterday, while the broader all shares index rose 96.34 points or 2.4% to end at 4,103.67. AAA Southeast Equities, Inc. Research Head Christopher John Mangun said in an e-mail that the local bourse closed higher as investor sentiment got a boost from positive manufacturing data. “It was a very good day for the PSEi after it rallied more than 200 points. Aside from the technical bounce that we were already expecting, the sentiment got a boost from January manufacturing numbers,” Mr. Mangun said.

PSEi sinks 3 5% as rising virus cases cause sell-off

January 29, 2021 | 5:43 pm Font Size PHILIPPINE STOCK EXCHANGE STOCKS ended lower on Friday as investors booked profits amid surging coronavirus disease (COVID-19) infections and stricter lockdown restrictions in some provinces. The benchmark Philippine Stock Exchange index (PSEi) slid 239.22 points or 3.49% to end at 6,612.62 on Friday. Meanwhile, the all shares index declined 101.01 points or 2.45% to close at 4,007.33. “The market suffered a significant sell-off and on large value turnover, on sustained foreign outflows. Investors took to the exits, as the news of surging COVID-19 infections and uncertainty over vaccine rollouts clouded recovery expectations,” PNB Securities, Inc. President Manuel Antonio G. Lisbona said in a text message.

Shares drop as investor optimism wanes on lack of leads

January 22, 2021 | 6:31 pm Font Size COURTESY OF PHILIPPINE STOCK EXCHANGE, INC. LOCAL shares ended lower on Friday as investor optimism was dampened on the lack of positive catalysts and the ongoing coronavirus disease 2019 (COVID-19) pandemic. Continuing its decline for a sixth consecutive day, the 30-member Philippine Stock Exchange index (PSEi) dropped 94.46 points or 1.32% to close at 7,045.83, while the broader all-shares index fell 39.29 points or 0.91% to end at 4,261.69. In a mobile phone message, Philstocks Financial, Inc. Senior Research Analyst Japhet Louis O. Tantiangco said the local bourse ended lower due to a lack of positive catalysts. “Optimistic expectations towards the local economy is seen to be waning amid the lack of a catalyst while COVID-19 concerns continue to weigh on sentiment,” Mr. Tantiangco said.

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