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PSE to see thin trades this week

For this short trading week, the local stock market is seen to experience thin volumes as investors both here and overseas are still on holiday. “Soft trading activity is expected for the last trading week of the year, as participants take their time to mull strategies both in the past and upcoming

Local stock investors wish for Santa Claus rally

Investors will be watching out for signs if Santa Claus will be visiting the local stock market in the last two weeks of trading when the index often rallies before 2021 ends due to positioning for the new year. “Recovery was a major plot-point for equities in 2021, and is likely to spill over to 2

Tap OFWs investing power, solon tells BIR | Jovee Marie de la Cruz

CALLING the sector a “sleeping giant” of potential investors in the Philippines, the chairman of the House Committee on Ways and Means has asked  Internal Revenue Commissioner Caesar Dulay to allow overseas Filipino workers (OFWs) to apply for their Tax Identification Numbers (TINs) online and without the need for face-to-face…

Omicron, inflation, jobs data to influence stock market

Stock investors are seen to remain cautious amid uncertainty over the impact of the Omicron variant while watching out for the release of Philippine inflation and employment data. “Last week’s decline brought the local market back to its 7,000 - 7,100 support range. This week, we may see this suppo

Stock market to remain cautious due to new COVID variant

The local stock market is seen to remain cautious this week as jittery investors wait for more news about the new South African COVID variant that may have the potential to again shut down the global economy. PSEI-NEW-PHOTO-1024x683 “For next week, investors may trade more cautiously amid resurf

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