PH Stock dailies January 13 About WESM or Wholesale Electricity Spot Market

PSEi 4,070.11 | up 32.88 | 0.81% Value Php 6.5B Dow 11,755.44 +83.56 (0.72%) S&P 500 1,285.96 +11.48 (0.90%) Nasdaq 2,737.33 +20.50 (0.75%) American and Asian Stocks continue riise on Portugal Bond auction and external stimulus from Japan and China. It seems America is back to using the tagline of “upbeat economic outlook” on its […]

Philippine stock market update January 6 sinking commodities, rising local mining plays

PSEi 4,217.25 | 4.27 | 0.10% Value Php 4.3B Dow Jones    11,722.89    +31.71    (0.27%) S&P 500    1,276.56    +6.36    (0.50%) Nasdaq    2,702.20    +20.95    (0.78%) Even as of our early morning yesterday, Wall Street futures were already pointing negative 30 on the DOW, which accelerated into down 70 by noon.  This doom and gloom was quickly averted […]

PSEI daily market update dec 20

PSEi 4,077.06 +19.73/0.48% Val 4.2 B Dow Jones 11,491.91 -7.34 (-0.06%) S&P 500 1,243.91 +1.04 (0.08%) Nasdaq 2,642.97 +5.66 (0.21%) Wall Street continues with flattish trading, while the biggest news to excite Asia was South Korea doing their own muscle flexing by holding their own Military Drills. Most asian stocks dropped by mid day but […]

Philippine Market Update Nov 25 GDP slows, Metro Pacific Mining looking for partner

PSEi 4,097.49 | down -27.05 | -0.66% Value PHP 5.3b Dow Jones    11,187.28    +150.91    (1.37%) S&P 500    1,198.35    +17.62    (1.49%) Nasdaq    2,543.12    +48.17    (1.93%) Trading volume was light ahead of Thanksgiving Day on Thursday. Stock and bond markets will be closed for the holiday and stocks will reopen for short sessions on Friday.  Traders were […]

Philippine Market Update Nov 24 Shots fired in the PSEi

PSEi 4,124.54 | down -22.81 | -0.55% Value Php 5B Dow Jones    11,036.37    -142.21    (-1.27%) S&P 500    1,180.73    -17.11    (-1.43%) Nasdaq    2,494.95    -37.07    (-1.46%) With yesterday’s spark of conflict between the North and South Korea, Europe followed through matching Asia’s 1.5 to 2% drop, sending wall Street down over 1% as well. The Philippine Equity […]

Philippine Stock Market Update Nov 23 back to the red

PSEi 4,147.35 | down -39.54 | -0.94% Value Php 5.2B With Ireland already accepting the bailout in principle as they work out the package details, early trade in the West was positive, including futures markets, but turned negative by the close. Just this noon, North Korea on Tuesday fired dozens of artillery shells at a […]

Philippine Daily Market Update Nov 22 2010

PSEi 4,186.89 | down -16.71 | -0.40% Value Php 7.6B Dow Jones 11,203.55 +22.32 (0.20%) S&P 500 1,199.73 +3.04 (0.25%) Nasdaq 2,518.12 +3.72 (0.15%) Wall Street sank half a percent at early trade last Friday, but recovered all of the losses to close slightly higher. Trading today across the region on commodities, currencies against the […]

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