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Latest News for: psei
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Sharp rise in COVID-19 cases pulls down PSEi by over 100 pts
The Philadelphia Inquirer 12 Aug 2021
The benchmark Philippine Stock Exchange Index (PSEi) fell over 100 points on Thursday after the Department of Health (DOH) announced a ...
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PSEi slides down 6,500
The Manila Times 12 Aug 2021
The bellwether Philippine Stock Exchange index (PSEi) dropped by 1.65 percent or 110.29 points to close at 6,556.57, while the wider All Shares fell by 1.26 percent or 51.68 points to end at 4,059.93. Philstocks Financial Inc ... Regina Capital Development Corp ... He noted that some also decided to keep in cash ahead of the PSEi rebalancing taking effect ... .
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Stocks fall after MSCI index rebalancing
Manila Bulletin 12 Aug 2021
The local stock market fell after the MSCI index rebalancing as well as due to concern over rising COVID cases ... 25882 ... Limlingan said “Other investors decided to keep in cash ahead of the PSEi rebalancing which takes effect at the end of trading tomorrow.“ ... Foreigners were net buyers with net inflows amounting to P50 million. .
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Growth figures giving market plenty to chew on; PSEi gains
The Philadelphia Inquirer 11 Aug 2021
The benchmark Philippine Stock Exchange Index (PSEi) on Wednesday ended in positive territory as investors turned their attention to ...
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Stocks rise on US gains, MSCI rebalancing
Manila Bulletin 11 Aug 2021
The local stock market rose on the back of gains in the US as well as positioning ahead of the rebalancing of the MSCI (Morgan Stanley Capital International), which measures the performance of the large and mid cap segments of the Philippines market ... 25608 ... “ ... .
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Stocks dip despite stronger Q2 GDP
Manila Bulletin 10 Aug 2021
The local stock market dipped despite the report of a stronger than expected gross domestic product (GDP) for the second quarter as investors fret over the impact of the lockdown in the second semester ... 25317. Volume was steady at 1.56 billion shares worth P6.31 billion as gainers edged out losers 94 to 88 with 54 unchanged ... .
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PSEi in the green ahead of GDP release
The Manila Times 09 Aug 2021
The benchmark Philippine Stock Exchange index (PSEi) improved by 1.42 percent or 92.66 points to 6,632.57, while the wider All Shares climbed by 0.95 percent or 38.45 points to close at 4,093.87 on Monday. Philstocks Financial Inc ... Tantiangco added that optimism also stemmed from the release of more second quarter financial earnings of corporations ... .
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COVID, earnings, GDP to steer stock market
Manila Bulletin 09 Aug 2021
Trading at the stock market this week will be influenced by the COVID-19 situation as well as the release of key economic data by the Philippine and US governments ... “A high growth figure is expected due to low-base effects ... Meanwhile, it noted that, “The PSEi basket reshuffle is expected drive volatility as funds rebalance their holdings.”.
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Converge welcomes early inclusion in PSEi, Services Index
Sun Star 07 Aug 2021
CNVRG) has qualified for early inclusion in the benchmark Philippine Stock Exchange Index (PSEi) as its market capitalization reached nearly P180 billion at the close of trade on August 5, 2021 ... The PSEi is composed of 30 members which represent the largest, most valuable, and most liquid companies in the local exchange.
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PSEi ends flat amid index rebalancing
The Philippine Star 06 Aug 2021
The rebalancing of the benchmark index as well as the somber mood in Asia despite solid gains on Wall Street limited the market’s movement yesterday ... .
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