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Stocks fall as inflation still high

The Philippine stock market dropped further on concern that the April inflation rate remained high. The main index fell 59.46 points or 0.94 percent to close at 6,299.69 with only the Mining and Oil counter advancing. Photo credit: https://www.pse.com.ph Volume also fell, down to 4.15 bi

Luis limlinganEquities head of research chrisRegina capital development corporationPhilstocks financial research associate claire alviarFinancial research associate claire alviarResearch chrisபங்குகள் தலை ஆஃப் ஆராய்ச்சி கிறிஸ்ரெஜினா மூலதனம் வளர்ச்சி நிறுவனம்ஆராய்ச்சி கிறிஸ்

PH stocks fall anew on global COVID surge

Photo credit: https://www.pse.com.ph The main index lost 61.03 points or 0.94 percent to close at 6,439.39 although the Services sector managed to advance. Volume remained thin at 3.46 billion shares worth P5.37 billion as gainers actually outnumbered losers 108 to 92 with 52 unchanged. “Philippine stocks slipped anew as regional COVD-19 cases continue to pile up around the world,” said Regina Capital Development Corporation Managing Director Luis Limlingan He noted that, “Another round of better-than-expected earnings did little to push benchmarks up. Equity prices retreated from recent highs amid concerns that India will impose coronavirus-related restrictions as well.” Philstocks Research Associate Claire Alviar said “The local bourse declined along with regional peers following the drop of the US markets overnight as concerns over the rising Covid-19 cases globally weighed on sentiment.”

Luis limlinganEquities head of research chrisPhilstocks research associate claire alviarRegina capital development corporationResearch associate claire alviarResearch chrisபங்குகள் தலை ஆஃப் ஆராய்ச்சி கிறிஸ்ரெஜினா மூலதனம் வளர்ச்சி நிறுவனம்ஆராய்ச்சி கிறிஸ்

Stocks weaken further after late night address by Duterte

Photo credit: https://www.pse.com.ph The PSEi dropped 60.85 points or 0.93 percent to close at 6,457.79 with only the Services counter managing to eke out a gain. Volume improved slightly to 1.93 billion shares worth P6.1 billion as losers beat gainers 134 to 64 with 50 steady. “The local bourse’s downtrend persisted, settling below the key 6,500 level. This, as the government announced the possibility of stricter lockdown measures should the cases continue to rise, and as the COVID-19 death toll breached 15,000 yesterday,” said Regina Capital Development Corporation Managing Director Luis Limlingan. Philstocks Financial Senior Analyst Japhet Tantiangco said “The local bourse extended its decline as our COVID-19 situation continued to weigh on investor confidence. This comes as our daily additional Coronavirus cases remain elevated, in turn, clouding our economic outlook.”

Japhet tantiangcoLuis limlinganEquities head of research chrisRegina capital development corporationFinancial senior analyst japhet tantiangcoResearch chrisபங்குகள் தலை ஆஃப் ஆராய்ச்சி கிறிஸ்ரெஜினா மூலதனம் வளர்ச்சி நிறுவனம்ஆராய்ச்சி கிறிஸ்

Mortgage-heavy banks advised to redeploy cash to boost earnings

Mortgage-heavy banks advised to redeploy cash to boost earnings
nationalmortgagenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nationalmortgagenews.com Daily Mail and Mail on Sunday newspapers.

National bank holdingsAmeris bancorpPlainscapital bankUs bank research chris mcgrattyHilltop holdingsResearch chrisFirst westernதேசிய வங்கி ஹோல்டிங்ஸ்அமெரிஸ் பேன்கார்ப்மலையடிவாரம் ஹோல்டிங்ஸ்ஆராய்ச்சி கிறிஸ்முதல் மேற்கு

Stocks rise on signing of CREATE Act

Stocks rise on signing of CREATE Act
mb.com.ph - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mb.com.ph Daily Mail and Mail on Sunday newspapers.

Japhet tantiangcoLuis limlinganEquities head of research chris mangunRegina capital development corporationFinancial senior analyst japhet tantiangcoResearch chrisரெஜினா மூலதனம் வளர்ச்சி நிறுவனம்ஆராய்ச்சி கிறிஸ்