Share prices of local nickel mining companies have been rising as the industry is riding high on the surge of ore prices in the global market due to strong demand coupled with supply disruptions. Demand for nickel has been rising as the global economy recovers as it is an ingredient for making...
The local stock market is seen to continue being pulled back and forth by earnings reports and positive factors such as the improving Covid-19 situation and negative risks such as Russia’s invasion of Ukraine and inflation fears. “Next week, the local market may continue to trade sideways...
Russian invasion, alert level to sway stocks By JAMES A. LOYOLA Russia’s invasion of Ukraine and its impact on global equities and other markets will continue to weigh on the local bourse although an easing of quarantine measures may give the PSEi a little boost. “Next week, the local market is...
This week, investors will be taking cues from corporate earnings reports, hints on local and US policy rates, and the government’s decision on whether to further relax quarantine restrictions. “The government’s decision on the alert level restrictions in the country for the 2nd half of...
COL sees PSEi rising to 8,400 By JAMES A. LOYOLA The Philippine stock market is seen to rise by about 20 percent from the PSEi’s January opening to about 8,400 by yearend as investors have become more bullish as the COVID-19 pandemic is seen to become less of a threat. 63010 In a press briefing,...
The local stock market will take cues this week from the US Federal Reserve’s first round of Federal Open Market Committee meeting as well as the release of the Philippines’ fourth quarter gross domestic product data. “The Fed's first round of FOMC this year on Jan 25-26 (statement out on the...
The local stock market is seen to remain volatile this week despite growing optimism over the recovery of the country’s economy amid the surge in COVID cases fueled by the Omicron variant. “Next week, we may see selling pressures take over the market following its 3.57 percent rally last week....
The local stock market is seen to continue to be plagued by the rapidly rising cases of COVID-19 in the country and concern that it will again lead to the highest lockdown level. COVID-19 virus “A continuation of this (rising) trend is expected to further escalate worries over the possibility of...
Investors will be watching out for signs if Santa Claus will be visiting the local stock market in the last two weeks of trading when the index often rallies before 2021 ends due to positioning for the new year. “Recovery was a major plot-point for equities in 2021, and is likely to spill over to...
As the stock market seems to have calmed down from the initial panic reaction to the Omicron variant, investors will be watching out for inflation figures this week and see how central banks will telegraph their moves. “Inflation will be a key theme for next week—or rather, the expected...
Stock market investors are seen to remain cautious this week as it does not have any major announcement scheduled that may affect sentiment. “Next week, the overall sentiment is expected to remain cautious as investors wait for catalysts for the market,” said Philstocks Financial Senior...
Stocks to take cues from politics, COVID cases James A. Loyola The local stock market is seen to be swayed by recent political developments this week although investors continue to be optimistic amid the reopening of the economy and the generally positive corporate results for the third quarter....
