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By: Daxim L. Lucas, Inquirer Business, 17 Oct 2019 The net outflow of short term investments from the Philippines was halved in September compared to the same period last year, but the total exodus so far of foreign portfolio investments continued to rise, according to data form the central bank.
by Doris Dumlao-Abadilla, Philippine Daily Inquirer, Dec 29, 2019 After a tumultuous year that saw the local stock barometer initially hitting all-time highs but reversing later to bearish territory, local equities ended 2018 with the worst annual performance seen in a decade.
MANILA, Philippines – The Philippine bond market posted the fastest growth in emerging East Asia in January to September this year, according to a report released by the Asian Development Bank (ADB).
Property giant Ayala Land Inc. this year will roll out about P5 billion worth of “Homestarter” bonds—an innovative instrument that will allow holders to build up funds to buy an Ayala-developed residential unit.
After weeks of heavy outflows, the tide has turned in emerging markets. NEW YORK (CNNMoney) – Despite ongoing concerns about the Russia-Ukraine standoff and a Chinese slowdown, investors are dabbling in emerging markets once again.
MANILA, Philippines – Foreign stock brokerage houses dominated local stock trades last year, signifying healthy foreign investor appetite for Philippine equities despite volatility in global financial markets.
Investors await window of opportunity to come in MANILA, Philippines—After outperforming all expectations this year, the law of gravity has finally caught up with high-flying local equities. All it took was for US Federal Reserve chair Ben Bernanke to signal the tapering of an aggressive monetary stimulus that had inflated emerging market assets to temper…
JUST TWO weeks after the government announced a much-better-than-expected 7.8% GDP growth in 1Q2013 that bucked the regional growth slowdown, local stock prices grabbed headlines with the worst one-day dive since the Lehman crisis in October 2008. Many were stunned by the steep fall, especially following a new round of upgrades in analysts’ growth forecasts.…
SENTIMENT-LED volatility is expected to continue affecting markets, banks said, but investors will still see value in the Philippines given the country’s strong fundamentals.
Philippine stocks gained again on Tuesday, sending the benchmark index to a new high of 5,586.46, up 0.13 percent, as investors continued to take a favorable long-term view on local equities.
MANILA, Philippines – Trading will remain lethargic this week as fears of a US relapse into recession and festering euro zone debt crisis keep investors on the sidelines.
MANILA, Philippines – The local stock market had a dream run last year, rampaging to new record highs with many investors convinced that the global economy is on the mend and that emerging markets in Asia hold much promise.
LOCAL share prices and the peso ended the year on a positive note, with the benchmark stock index breaching the 4,200 level in light trading ahead of the New Year holiday.
Diversifying food conglomerate San Miguel Corp., one of the country’s largest companies, will lose its slot in the Philippine Stock Exchange (PSE)’s index of top-30 listed companies, when the bourse revamps the composition of the index on Nov. 8.