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PSEi up despite weaker GDP

Published May 11, 2021, 4:38 PM The local stock market managed to hold its ground despite news that the Philippine economy’s performance was worse than expected. The Philippine Stock Exchange index (PSEi) inched up 9.42 points or 0.15 percent to close at 6,326.83 as sectoral indices were evenly mixed. Photo credit: PSE Information Desk Volume remained anemic at 9.95 billion shares worth P4.64 billion as losers beat gainers 122 to 82 with 43 steady. “Philippine shares closed in the green despite the lower than expected first quarter GDP print as investors focused on the rebalancing of the MSCI, and more earnings releases,” said Regina Capital Development Corporation Managing Director Luis Limlingan.

Japhet tantiangcoLuis limlinganEquities head of research chrisRegina capital development corporationPhilippine stock exchangeFinancial senior analyst japhet tantiangcoResearch chrisபங்குகள் தலை ஆஃப் ஆராய்ச்சி கிறிஸ்ரெஜினா மூலதனம் வளர்ச்சி நிறுவனம்பிலிப்பைன் ஸ்டாக் பரிமாற்றம்ஆராய்ச்சி கிறிஸ்

Stocks bounce on bargain hunting

PSE file photo The main index rose 58.70 points or 0.94 percent to close at 6,317.41 as all sectors rose across the board. Volume remained low though at 2.05 billion shares worth P4.57 billion as gainers beat losers 116 to 97 with 46 unchanged. “Philippine shares closed higher as bets began to pour on the latest first quarter GDP figures, more earnings releases and the possible easing of US monetary policy following the weaker April jobs report, “ said Regina Capital Development Corporation Managing Director Luis Limlingan. He added that, “Furthermore, the BSP’s stress test showed that the financial soundness indicators of the banking industry remain sound.”

Japhet tantiangcoLuis limlinganResearch groupEquities head of research chris mangunRegina capital development corporationNational capital regionFinancial senior analyst japhet tantiangcoResearch chris mangunஆராய்ச்சி குழுரெஜினா மூலதனம் வளர்ச்சி நிறுவனம்தேசிய மூலதனம் பகுதி

PH stocks gauge slips, peso rises anew vs US dollar

PH stocks gauge slips, peso rises anew vs US dollar
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Luis limlinganHolding firmsRegina capital development corporationPhilippine stock exchangeவைத்திருத்தல் நிறுவனங்கள்ரெஜினா மூலதனம் வளர்ச்சி நிறுவனம்பிலிப்பைன் ஸ்டாக் பரிமாற்றம்

Stocks continue to head south on worries over economy

Photo credit: https://www.pse.com.ph The PSEi lost 24.07 points or 0.38 percent to close at 6,258.71 although the Services and Mining counters marked some gains. Volume declined again, with 2.1 billion shares worth P4.66 billion changing hands, as losers edged out gainers 106 to 104 with 35 unchanged. “Philippine shares closed lower as investors focused their attention on the highly anticipated jobs data, while fund managers continued to assess the new set of earnings that came out,” said Regina Capital Development Corporation Managing Director Luis Limlingan. He added that, other funds continue to leave for countries that have been vaccinating rapidly in hopes that their economies would recover sooner than others.

Japhet tantiangcoLuis limlinganRegina capital development corporationFinancial senior analyst japhet tantiangcoரெஜினா மூலதனம் வளர்ச்சி நிறுவனம்

Stocks continue to drop

Photo credit: https://www.pse.com.ph The main index dropped 16.91 points or 0.27 percent to close at 6,282.78 with blue chip Holding Firms leading the slide while Property stock headed advancers. Volume improved to 13.84 billion shares worth P5.28 billion as losers beat gainers 126 to 77 with 44 steady. “Local shares continued to slide as momentum continued to shift to the US as strong earnings results and economic optimism pushed the Dow to record highs,” said Regina Capital Development Corporation Managing Director Luis Limlingan. He added that, “funds continued to assess which companies are performing well for the quarter, with recent releases such as TEL, ICT all reporting, while other big names will be released in the coming days.”

Japhet tantiangcoLuis limlinganEquities head of research chris mangunHolding firmsRegina capital development corporationFinancial senior analyst japhet tantiangcoResearch chris mangunவைத்திருத்தல் நிறுவனங்கள்ரெஜினா மூலதனம் வளர்ச்சி நிறுவனம்