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Stocks stop slide on good earnings reports

The local stock market took a breather from its downward trend as investor sentiment was buoyed by positive corporate earnings reports.

The main index rose 50.93 percent or 0.78 percent to close at 6,607.13 as Conglomerates led the advance while Banks and Industrials retreated. Volume declined t ....

Claire Alviar , Luis Limlingan , Philstocks Financial Assistant Research , Regina Capital Development Corporation ,

Earnings optimism boosts PH stocks; peso up

UP. The local bourse's main index recovered on Wednesday (March 1, 2023) despite the decline of its United States counterparts, ending days of slide caused by concerns on inflation and the path of Federal Reserve tightening moves. The peso rose anew against the US dollar due in part to the PSEi's rise and the better-than-expected budget gap of the government for 2022. (PNA graphics) MANILA - The local bourse recovered on Wednesday despite the negative close of United States equities while the peso sustained its gain against the US dollar. After several days of decline, the Philippine Stock Exchange index (PSEi) rose by 0.78 percent, or 50.93 points, to 6,607.13 points. All Shares followed with a rise of 0.35 percent, or 12.19 points, to 3,539.36 points. Most of the sectoral gauges also increased during the day, led by Holding Firms after it inched up by 2.45 percent. It was trailed by Property, 1.25 percent; Mining and Oil, 0.39 percent; and Services, 0.07 percent. On the other ....

San Carlos , Negros Occidental , United States , Michael Ricafort , Bangko Sentral , Luis Limlingan , Rizal Commercial Banking Corporation , Holding Firms , Regina Capital Development Corporation , Philippine Stock Exchange , Commercial Banking Corporation , Up The Local Bourse 39s Main Index Recovered On Wednesday March 1 , 023 Despite The Decline Of Its United States Counterparts , Nding Days Of Slide Caused By Concerns On Inflation And The Path Federal Reserve Tightening Moves Peso Rose Anew Against Us Dollar Due In Part To Psei 39s Rise Better Than Expected Budget Gap Government For 2022 Pna Graphics Manila Local Bourse Recovered Wednesday Despite Negative Close United States Equities While Sustained Its Gain After Several Decline , He Philippine Stock Exchange Index Psei Rose By 0 78 Percent , R 50 93 Points , Go 6 , 607 13 Points All Shares Followed Witha Rise Of 0 35 Percent , R 12 19 Points , O 3 , 539 36 Points Most Of The Sectoral Gauges Also Increased During Day , Ed By Holding Firms After It Inched Up 2 45 Percent Was Trailed Property , Ndustrial Declined By 1 13 Percent And Financials 0 61 Volume Reached 715 8 Million Shares Amounting To Php7 Billion Decliners Led Advancers At 100 92 While 44 Were Unchanged Luis Limlingan , Egina Capital Development Corporation Rcdc Head Of Sales , Aid Psei Regained Its Footing After Several Days Of Slide Despite The Negative Close Us Counterparts Quot Investors Seem To Be Optimistic Regarding Better Than Expected Releases Corporate Earnings , Uot He Said However ,

Earnings optimism boosts PH stocks; peso up

UP. The local bourse's main index recovered on Wednesday (March 1, 2023) despite the decline of its United States counterparts, ending days of slide caused by concerns on inflation and the path of Federal Reserve tightening moves. The peso rose anew against the US dollar due in part to the PSEi's rise and the better-than-expected budget gap of the government for 2022. (PNA graphics) MANILA - The local bourse recovered on Wednesday despite the negative close of United States equities while the peso sustained its gain against the US dollar. After several days of decline, the Philippine Stock Exchange index (PSEi) rose by 0.78 percent, or 50.93 points, to 6,607.13 points. All Shares followed with a rise of 0.35 percent, or 12.19 points, to 3,539.36 points. Most of the sectoral gauges also increased during the day, led by Holding Firms after it inched up by 2.45 percent. It was trailed by Property, 1.25 percent; Mining and Oil, 0.39 percent; and Services, 0.07 percent. On the other ....

San Carlos , Negros Occidental , United States , Michael Ricafort , Bangko Sentral , Luis Limlingan , Rizal Commercial Banking Corporation , Holding Firms , Regina Capital Development Corporation , Philippine Stock Exchange , Commercial Banking Corporation ,

Peso strengthens, PSEi slips as investors await US economic data

MIXED. The Philippine Stock Exchange index (PSEi) declined anew on Tuesday (Feb. 28, 2023) as investors looked forward to more economic data releases from the United States that are expected to impact rate adjustment decision of the Federal Reserve. On the other hand, the peso regained its strength against the US dollar due to the correction of the greenback and the positive US pending homes sales and durable goods orders for January 2023. (PNA graphics) MANILA - The local bourse ended the month in the negative territory as investors looked forward to more economic data releases from the United States but the peso regained its footing against the greenback. For the fourth consecutive day, the Philippine Stock Exchange index (PSEi) slipped and ended the day at 6,556.20 points, down by 0.65 percent or 43.14 points. All Shares followed with a drop of 0.14 percent, or 5.08 points, to 3,527.17 points. Half of the sectoral gauges also finished with declines namely Holding Firms, 2.36 percent ....

San Carlos , Negros Occidental , United States , Michael Ricafort , Luis Limlingan , Morgan Stanley Capital International , Rizal Commercial Banking Corporation , Holding Firms , Regina Capital Development Corporation , Philippine Stock Exchange , City Home Price Index , Federal Reserve , Commercial Banking Corporation , Mixed The Philippine Stock Exchange Index Psei Declined Anew On Tuesday Feb 28 , 023 As Investors Looked Forward To More Economic Data Releases From The United States That Are Expected Impact Rate Adjustment Decision Of Federal Reserve On Other Hand , He Peso Regained Its Strength Against The Us Dollar Due To Correction Of Greenback And Positive Pending Homes Sales Durable Goods Orders For January 2023 Pna Graphics Manila Local Bourse Ended Month In Negative Territory As Investors Looked Forward More Economic Data Releases From United States But Footing Fourth Consecutive Day , He Philippine Stock Exchange Index Psei Slipped And Ended The Day At 6 , 556 20 Points , Own By 0 65 Percent Or 43 14 Points All Shares Followed Witha Drop Of , R 5 08 Points , O 3 , 527 17 Points Half Of The Sectoral Gauges Also Finished With Declines Namely Holding Firms , Inancials Rose By 1 61 Percent , Ndustrial By 1 43 Percent And Mining Oil 0 35 Volume Reached 74 Billion Shares Amounting To Php21 18 Advancers Surpassed Decliners At 117 80 While 40 Were Unchanged Luis Limlingan , Egina Capital Development Corporation Rcdc Head Of Sales , Aid Psei Was Affected Partly By The Earnings Reports Listed Firms And Morgan Stanley Capital International Msci Rebalancing ,

Peso strengthens, PSEi slips

The local bourse ended the month in the negative territory as investors looked forward to more economic data releases from the United States but the peso ....

San Carlos , Negros Occidental , United States , Michael Ricafort , Luis Limlingan , Morgan Stanley Capital International , Rizal Commercial Banking Corporation , Holding Firms , Regina Capital Development Corporation , Philippine Stock Exchange , City Home Price Index , Federal Reserve , Commercial Banking Corporation ,