+ Follow EDGAR BANCOD Tag
EDGAR BANCOD
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[ArticleID] => 354516
[Title] => Share prices close flat as consolidation continues
[Summary] => Share prices closed flat yesterday as the market continued to consolidate in the absence of any major leads, dealers said.
Profit-taking in property firm Megaworld Corp. also weighed on the market, but the key index stayed above the psychological support level of 2,300 throughout the session, they said.
The Philippine Stock Exchange composite index closed down 0.48 points to 2,314.09 after moving between 2,301.46 and 2,319.87.
Volume amounted to 2.15 billion shares worth P1.41 billion. Losers beat gainers 48 to 36, with 56 stocks unchanged.
[DatePublished] => 2006-08-25 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
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[1] => Array
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[ArticleID] => 337335
[Title] => Peso, stocks plunge on US rate concerns
[Summary] => Financial markets tumbled yesterday on concerns the Bangko Sentral ng Pilipinas (BSP) may raise local borrowing costs if the US keeps raising interest rates.
"Prospects of more Fed increases puts pressure on the central bank to widen the rate differential gap," Edgar Bancod, head of research at Manila-based ATR-Kim Eng Securities said.
When that happens, stocks become "less attractive." The Philippine Stock Exchange Index plunged 84.83, or 3.4
[DatePublished] => 2006-05-19 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 329197
[Title] => Market snaps 4-day losing streak on late window-dressing
[Summary] => Share prices closed 0.7 percent higher yesterday, snapping a four-day losing streak on late window-dressing for the end of the first quarter, dealers said.
The Philippine Stock Exchange composite index rose 15.31 points to 2,195.95, its high for the day. It touched a low of 2,178.75.
Volume reached 2.26 billion shares worth P3.49 billion.
The broader all-shares index advanced 5.91 points to 1,071.01. Gainers outnumbered losers 58 to 29, while 50 stocks ended unchanged.
[DatePublished] => 2006-04-01 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
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[3] => Array
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[ArticleID] => 325239
[Title] => Index tumbles on rate woes, state fund sell-off
[Summary] => Share prices fell for the second day yesterday as investors fretted over prospects of higher interest rates and talk of heavy selling by government financial institutions.
The benchmark 30-company Philippine Stock Exchange Index fell 22.65 points, or 1.1 percent, to 2,099.26, adding to its 1.2 percent loss Tuesday.
All subindexes retreated. Decliners led gainers 58 to 23, while 56 stocks were unchanged.
[DatePublished] => 2006-03-10 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
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[4] => Array
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[ArticleID] => 143250
[Title] => Analysts pick BPI as long-term stock buy
[Summary] => As the trading year draws to an end, local and regional securities analysts have unanimously picked shares of the Bank of the Philippine Islands (BPI) as their long-term buy recommendation.
BNP Bank Paribas Pregrine, 2TradeAsia.com, Abacus Securities, and G.K. Goh Securities, all cite BPI’s undervalued stock, a low and still declining non-performing loan ratio (NPL), and a return-on-equity ratio that is approaching double digit levels.
[DatePublished] => 2001-12-11 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Banking
[SectionUrl] => banking
[URL] =>
)
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abtest
August 25, 2006 - 12:00am
December 11, 2001 - 12:00am
