Philippine Stock dailies January 20. More selling for the PSEi

PSEi 4,006.24 | down -33.32 | -0.82% Value 5.3B Asian stocks were weaker by 1% as China reports more signs of overheating growth, which is a sure harbinger of more rate hikes, direct or indirect. Over at wall street, Goldman posting lower than expected results gave no reason for a bullish market. Local stocks’ selling […]

Philippine stock rundown January 14 Aboitiz Powers the day

PSEi 4,132.04 | up 61.93 | 1.52% Value Php 5.6B Dow Jones    11,731.90    -23.54    (-0.20%) S&P 500    1,283.76    -2.20    (-0.17%) Nasdaq    2,735.29    -2.04    (-0.07%) Unemployment data showing Americans still losing more jobs than expected was not any reason for a continued uptick.  The Dow Industrials was mostly in negative territory for the day. It was […]

DMN May 13

PSEi    3,327.69         UP     58.28 value php    5,178,991,755.00 Dow     10,896.91    +148.65    (1.38%) S&P 500 1,171.67    +15.88    (1.37%) Nasdaq   2,375.31    +0.64    (0.03%) Global markets shake off EuroZone jitters to trade up at least 1% worldwide! Wall Street’s DJIA has yet to reach its recent high above 11k, yet the PSEi has shown resilient strength in breaking its […]

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