Artuji

Icon

Pop culture news and internet buzz

Local Equities Rebound

The local equities rebounded for the second straight day due to bargain hunting. The PSEi gained 86.19 points, or +1.22% to close at 7,154.22. Most indices ended in green led by the property (+2.48%) and financials (+2.17%) sectors.

Market breadth was positive with 111 advances outnumbering 67 declines, while 41 issues remained unchanged. Total value turnover reached Php3.31 billion. Foreign investors were net buyers at Php16.33 million.

asia stock markets 4 Local Equities Rebound Read the rest of this entry »

BSP Says PH Debt Still at Comfortable Levels

Bangko Sentral ng Pilipinas (BSP) data showed that the country’s foreign debt remained at comfortable levels.

The external debt ratio as percentage of gross national income declined from 18.3% in the 2nd quarter of 2013 to 17.6% in the same three months of this year, but lower than the 17.9% in the first three months of the current year.

stock market 1 BSP Says PH Debt Still at Comfortable Levels Read the rest of this entry »

Local Equities Gain on Fed Interest News

The local equities market gained 55.45 points (+0.77%) to close at 7,287.29, advancing for the third consecutive day due to positive investor sentiment after the Federal Reserve decided to keep interest rates low for a “considerable time” after QE3 ends.

asia stock markets 4 Local Equities Gain on Fed Interest News Read the rest of this entry »

Advertisements



Sponsors


Get Updates Fast