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Category Archives: Stock Trading

PSE Weekly Stock Market Update (Sept. 17-21)

The Philippine Stock Exchange (PSE) applauded the decision of the US Federal Reserve to cut its benchmark interest rate by half a percentage point, soaring to 3,423.73 at the end of the trading week, up by almost 4% week-on-week. Analysts, however, cautioned investors over some

PSE to honor winners of 2007 Open Stock Trading Tournament

The Philippine Stock Exchange (PSE) is set to award on October 3 the top players of its recently concluded Open 2007 Stock Trading Tournament. The stock trading simulation game started in March 2007 and attracted more than 500 students from over 40 colleges and universities

Philippine stocks soar on US Fed rate cut

The Philippine stock market welcomed the decision of the US Federal Reserve to cut its benchmark interest rate by 50 basis points, ending the trading day higher by 2.23% or 73.23 points to close at 3,362.98. Total shares traded yesterday were 3.3 billion valued at

PSE Weekly Stock Market Update (Sept. 10-14)

Despite a surge right after the Erap guilty verdict was handed out, the Philippine Stock Exchange (PSE) closed slightly lower last week, with most investors remaining on the sidelines waiting for the results of the US Federal Reserve policy meeting on September 18. The main

PSE Weekly Stock Market Update (Sept. 3-7)

The Philippine stock market closed lower last week, with most investors remaining cautious ahead of the expected Sandiganbayan verdict this week on former Pres. Joseph Estrada's plunder case and the US Federal Reserve policy meeting on September 18. The main index closed at 3,332.97, down

PSE Weekly Stock Market Update (Aug. 28-31)

The Philippine stock market continued its winning streak last week, boosted by growing expectations of an intervention in US capital markets by the Federal Reserve and the higher-than-expected GDP of the Philippines reported for the 2nd quarter. The main index closed at 3,365.29, up by

PSE Weekly Stock Market Update (Aug. 21-24)

The Philippine stock market recovered from the previous week's slump, closing at 3,206.94, a one-week increase of 11.18%. The recovery was attributed to an easing of the US credit market worries and the reduction of the key discount rate by the Federal Reserve. The Year-to-Date

PSE Weekly Stock Market Update (Aug. 13-17)

Due to lingering concerns in the US subprime market, the main index of the Philippine Stock Exchange (PSE) ended the week lower at 2,884.34, down by 13.96%. Losers swamped gainers, 159 to 18. Eight shares were unchanged. Average daily value turnover for the week was