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Stock-Market Outlook | VG Cabuag

Last week Share prices gained for the fifth straight week as investors shrugged off global recession fears after numerous listed firms reported strong financial results. The benchmark Philippine Stock Exchange index (PSEi) gained 39.98 points to close at 6,913.21 points. The main index fell just once on Monday, but was…

Stock-Market Outlook | VG Cabuag

Last week Share prices inched higher for the fourth straight week after the Bangko Sentral ng Pilipinas (BSP) kept policy rates steady. The benchmark Philippine Stock Exchange index gained 23.07 points to close at 6,873.23 points. The main index fell at the start of the week, but made gains for…

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STOCK-MARKET OUTLOOK • VG Cabuag

Last week SHARE prices plunged last week as the main index lost 2 percent, amid ongoing geopolitical tensions in the Middle East and macro-economic headwinds. The main index gave up 123.44 points to close at 6,142.90. “From a technical standpoint, it is noticed that the market is having a hard time getting past its 50-day

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