Falling Industrial Profits in China Drag PH Stocks

Philippine stocks plunged on the first session of the week as regional weakness wrought by the latest economic data out of the region’s largest economy dragged the local equity market to its fifth consecutive decline. Yesterday, the Philippine Stock Exchange Index (PSEi) sank and lost 101.96 points, or -1.47 percent, to 6,815.59, while the broader […]

Monetary Board Keeps Rates Steady

Philippine stocks settled in negative territory in the week ending September 24th, as local market players weighed in weakness in China’s manufacturing sector for the current month, as well as the negative outlook for the country’s growth this year. The shortened trading week saw the Philippine Stock Exchange Index (PSEi) plunging 3.01 percent, settling below […]

ADB Cuts PH Growth to 6%

Tuesday saw local stocks slipping, bucking regional trend, as the market reacted to another cut in growth prospects for this year from a major financial institution, in the absence of positive direction elsewhere. Yesterday, the Philippine Stock Exchange Index (PSEi) dropped 41.18 points, or -0.58 percent, erasing Monday’s gains, to settle at 7,051.23. The broader […]

PSE Snaps Climb on Negative Lead from Wall Street

Philippine stocks fell on Monday snapping six straight days of gains, following a sharp fall on Wall Street on Friday after the US Federal Open Markets Committee decided to keep the policy rates unchanged, putting into question the global economic health. Yesterday, the Philippine Stock Exchange Index (PSEi) gave up 39.50 points, or -0.55 percent, […]

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 […]

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 […]

Election Fever Has Arrived

With less than a year left before the country is again plunged into another protracted battle for the next set of public officials, the nation is already being ushered to a growing discussion as to who is the best man (or woman) for the job to lead the country in the next six years. Already, […]

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