Tag page - Abacus

All eyes will be on the outcome of the US elections this week while third quarter earnings and lingering concern over COVID-19 will provide cues at the local front. Traders work beneath an electronic ticker at the trading floor of the Philippine Stock Exchange in Bonifacio Global City...

The Philippine stock market may take a breather at the start of the week following its strong rally last week but investor sentiment may be swayed by the announcement third quarter results by some index heavyweights. “The local market staged a strong rally but, with the quick surge, the local...

The local stock market is seen to start weaker this week following the drop in US stocks in reaction to US President Donald Trump’s announcement that he has tested positive for COVID-19.  According to online brokerage 2TradeAsia.com, this is “a reminder that the pandemic remains to be...

The local stock market is seen to remain weak, weighed down by recent bad news, although investors are seen to look for more cues from the release of more economic data as well as from the Bangko Sentral ng Pilipinas meeting on rates this week. Traders work beneath an electronic ticker at the...