Monthly Archives: September 2017

Market Wrap A late-day surge allowed the local stock market barometer to close in the green and snapped a three-session, -98.72 points (-1.19%)slump. Asian trading was a mix of gainers and losers with Japaneses hares, dragged by roughly 1,000 firms … Continue reading →

Market Wrap Expectations of lower yields at the day’s Treasury auction drew funds off the equity table, pulling share prices south. A rather slow day on the data front kept investors at bay following a frantic climb to fresh record … Continue reading →

OUR “BEST-IMATE” What do markets do following a record beating week? Can investors be tired? Is a correction, a big one, in the horizon? Or will the momentum of the run to all-time highs be sustained? These are the more … Continue reading →

Market Wrap Getting what it practically expected from the Federal Reserve, stocks continued to reach new records. Local shares would not be left out. Against the backdrop of mobilizations by both pro- and anti-government groups on the day commemorating the … Continue reading →

Market Wrap The PSEi rebounded from yesterday’s slump closing higher by 56.62 points or 0.69% at 8,219.32. Investors took advantage of yesterday’s correction to add more to their positions. Alliance Global Group, Inc. [pse: AGI] topped the list of gainers … Continue reading →

Market Wrap The PSEI eased off record levels, as it lost more than it gained in the immediately preceding session to close at 8162.70 (-131.44 points or -1.58%.) Asian markets were wobbly throughout the day on heightened caution ahead of … Continue reading →

Weekly Wrap The local market appears to have welcomed Santa earlier this year, even as the Chinese Ghost still had a couple of days left. The challenge of breaking the 8,00 and 8,100 barriers with conviction seems to have come … Continue reading →