Monthly Archives: May 2016

MARKET SUMMARY The PSEi extended its gains yesterday to settle at 7464.34, an increase of 52.66 points or 0.71% as the country’s duopoly form an agreement to acquire San Miguel Corporation’s valuable 700-megahertz spectrum to strengthen their duopolistic hold in … Continue reading →

MARKET SUMMARY The PSEi moves up 35.3 points or 0.48% last Friday to close slightly above the 7400 level at 7411.68. The broader All shares index as well improved 18.33 points or 0.42%. Counters ended with gains last Friday except … Continue reading →

MARKET SUMMARY The local bellwether, the PSEi, failed to continue its three-day rally falling 87.57 points or 1.17% yesterday. Bulk of the decline came from Business Tycoon John Gokongwei Jr.’s conglomerate, (JGS) pulling down the index by 54.16 out of … Continue reading →

MARKET SUMMARY The local bourse jumped 107.23 points or 1.46% to close at 7463.95, 7.36% up year-to-date. The broader All shares index grew 45.2 points or 1.02%. All counters ended with gains except for the Mining and Oil sector which … Continue reading →

March 2016 Trade balance ECONOMIC UPDATE: MARCH BALANCE OF TRADE Philippines’ trade deficit in March deepened six-fold y-o-y to US$1.75bn as falling exports offset the steady rise in imports; imports grew 12% to US$6.4bn on electronics, machinery, equipment, iron and … Continue reading →

MARKET SUMMARY The local bourse was up yesterday 50.03 points or 0.68% to close at 7356.72. The broader All shares index was also up yesterday with 18.95 points or 0.43%. Counters ended mixed yesterday but most ending with gains. The … Continue reading →

MARKET SUMMARY The local bourse was able to inch up 7.66 points yesterday or 0.10% from the previous session. The broader All shares index was also able to inch up a few points, 7.18 or 0.16%, to settle at 4393.16. … Continue reading →