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Daily Market Notes August 27, 2015
PSEi 7,022.09 +154.17 (2.24%) TURNOVER 13.38B THE CALM The other day, Wall Street futures were up 300, and that Tueday night, the DOW did go up about 300 points, but was spooked and even closed lower a few hundred points. Yesterday, Wednesday night for us, same upbeat Dow futures in the 200-300 bull zone, but this time, no head fakes as the DOW managed an impressive 600 point close. Wh... read more...
LN's UCC's Oct 22 '14
7154... - a magical close today with the help of last minute mark ups on the Ayalas - BPI, AC and ALI... We have quipped that the market is bound to bounce back with a vengeance and here we are , right at about those touching these resistances... Also looking solid and basing now is of course the international markets as well... This should bode well for plays and the market in general go... read more...
Philippine Economy Grows by 5.6% in Q2-2015
The Philippine economy grew by an average of 5.6 percent during the second quarter of 2015, down from the 6.7-percent rise during the same period last year, but higher than the revised 5.0 percent growth in the first quarter. In a press conference held at 10:00 AM today, Economic Planning Secretary and National Economic and Development Authority Director-General Arsenio Balisacan said the econo... read more...
Investment Tips: Quotes from the Philippines' Leading Investment Gurus
Last month, ADVFN, owner of Finance Manila, co-sponsored one of the biggest investment conferences in the Philippines as its official data provider, held at the SMX Convention Center, SM Aura, in Taguig City. Now on its eighth run, the Money Summit and Wealth Expo 2015 attracted thousands of individuals at different stages of investing experience to a two-day event which featured a simultaneous... read more...