Philippine Stock Market Updates Nov 26 testing our patience

PSEi 4,053.58 | down -43.91 | -1.07% Value 4.7B Wall Street closed for thanksgiving day, and Europe trades slightly higher. Today, Asia trades down almost 1%, citing North Korean tensions once again. However, continued European debt concern from Spain and Portugal also sour sentiments. Local trading’s opening pop was brief in both duration and measurement, […]

DMN June 1

PSEi          3,266.62         DOWN    6.11 value php     2,715,945,810.00 Wall street Holiday Monday, Memorial Day The cat is away, and supposedly the mouse can play, but “cat futures” pointed .5% lower, dampening any positive hopefulness for Asia, despite Europe closing flat last night. Only a handful of index stocks gained: AGI 5.8 TEL BDO CHIB ICT, while […]

DMN May 31

PSEi                 3,272.73         UP     20.10 VALUE PHP              2,525,478,770.00 Dow10,136.63-122.36(-1.19%) S&P 5001,089.41-13.65(-1.24%) Nasdaq2,257.04-20.64(-0.91%) At the end of Friday’s trade, Wall street shorters try to square off some trading ahead of the long weekend due to Memorial Day holiday this Monday.  Intraday lows of dow being down over 150 gradually rose until the DJIA was lower by […]

DMN May 17

PSEi                 3,289.31         DOWN   41.11 value php                3,493,049,132.50 Dow  10,620.16    -162.79    (-1.51%) S&P 500  1,135.68    -21.75    (-1.88%) Nasdaq    2,346.85    -47.51    (-1.98%) Renewed Eurozone debt fears and Wall Street’s continued correction set the momentum for Asia’s downward trek this morning. Our own PSEi was being its own resilient self.  turning down 30 at the open and recovering […]

Daily Market Notes January 6, 2010

PSEi  3,039.93         UP     11.47value php 2,378,812,215.00 DOW    11.94 -0.11% 10,572.02NASDAQ 0.29 +0.01% 2,308.71S&P 500 3.53 +0.31% 1,136.52 After a fantabulous opening day, Wall Street corrects on the second day and recovers most of the red by the close. Asia continues to trek higher, dragging our PSEi along with sustained NFB. huge NFB came from these […]

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