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Philippines
Tuesday, May 21, 2024

Stocks

PH stocks climb on optimism over lower interest rates

Local shares rose Monday, tracking Asian markets’ movement, following the strong performance of US equities on Friday. The 30-company Philippine Stock Exchange index jumped 64.09 points, or 0.97 percent, to close at 6,682.78, while the broader all-shares index added 24.55 points, or 0.70 percent, to settle at 3,548.70. All sectoral indices ended the in green led by mining and oil which went up 4.95 percent, financials by 1.68 percent and services...

Stocks likely to sustain sideways trading

Local stocks are expected to sustain their sideways movement this week as...

Stocks end the week in the red on last-minute selling pressure

Philippine stocks ended the week in the red, tracking Wall Street’s decline...

PH, Asian stocks rebound as US inflation rate eases

Philippine stocks rebounded Thursday along with most Asian markets as US inflation...

LATEST Stocks

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PH shares decline, buck Wall St. rally as investors await BSP meet

Local share prices declined Wednesday despite Wall Street’s rally as investors await the outcome of Bangko Sentral ng Pilipinas’ (BSP) policy meeting later this...

Bloombery’s earnings declined 11% to P2.6b in three months

Earnings of casino operator Bloomberry Resorts Corp. declined 11 percent in the first quarter of 2024 on lower revenues and pre-operating expenses related to...

PH stocks inch up amid muted trading

The Philippines stock market inched up Tuesday on muted trading as investors await thje US inflation report and  the Morgan Stanley Capital International (MSCI)...

Stocks climb; peso closes at 57.86 a dollar

Philippine stocks rebounded Monday, but the peso fell as investors anticipate a slower US inflation rate that may lead the Federal Reserve to cut...

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