Daily Archives: May 20, 2016

Philstocks Financial, Inc. Daily Notes, May 20, 2016

MARKET SUMMARY The local bourse takes a breather from the four day winning streak, shaving off 106.97 points or 1.42% from the previous day as investors lock in gains from the recent rally. The broader All Shares index lost 52.56 … Continue reading

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Economic Update: 1Q16 National accounts

1Q16 National Accounts Economic Update: 1Q16 National accounts GDP accelerates to 6.9%, higher-than-expected, on industry and services growth; agriculture contracts for 4th straight quarter worsened by the effect of El Nino; investments in fixed capital soars; growth to be fuelled … Continue reading

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