^
+ Follow ERWIN BALITA Tag
ERWIN BALITA
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 768979
                    [Title] => PSE index pierces 4,700-level; sets new all time high
                    [Summary] => 

Local stocks rallied for a third straight day to set a fresh record high yesterday, breaking past the 4,700-level on strong investor optimism over the economy’s future growth.

[DatePublished] => 2012-01-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 628941 [Title] => Profit taking drags down stocks, but investors outlook remain positive [Summary] =>

The Philippine market on Thursday suffered its worst carnage since rallying past the 4,000 level two months ago.

[DatePublished] => 2010-11-11 22:31:41 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => [SectionUrl] => [URL] => ) [2] => Array ( [ArticleID] => 599173 [Title] => Stocks rise to 31-month high on US market rally [Summary] =>

The stock market climbed to its 31-month high on today tracking sharp gains in the US equities.

[DatePublished] => 2010-08-03 22:00:14 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => [SectionUrl] => [URL] => ) [3] => Array ( [ArticleID] => 560645 [Title] => RP stock market jumps to its over two-year high Wednesday [Summary] =>

The Philippine market jumped to its more than two-year high on Wednesday, mimicking mostly the performance of the US market.

[DatePublished] => 2010-03-24 21:00:43 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => [SectionUrl] => [URL] => ) [4] => Array ( [ArticleID] => 546630 [Title] => RP stock market suffers its worst weekly decline [Summary] =>

MANILA, Philippines (Xinhua) - The Philippine market suffered its worst weekly decline with investors opting to cash in their gains over fear that the global markets are already in a "correctional phase."

[DatePublished] => 2010-02-05 20:06:51 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => [SectionUrl] => [URL] => ) [5] => Array ( [ArticleID] => 544016 [Title] => RP stocks end lower [Summary] =>

MANILA, Philippines (Xinhua) - Philippine stocks ended lower for the third consecutive day this week as investors expect that the recent moves by the US and Chinese governments will limit global liquidity.

[DatePublished] => 2010-01-27 20:00:47 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => [SectionUrl] => [URL] => ) [6] => Array ( [ArticleID] => 485229 [Title] => Exports down for 8th straight month in May [Summary] =>

The country’s exports fell for the eighth straight month in May on weak global demand for key electronics but the decline seems to be moderating, the National Statistics Office (NSO) said yesterday.

[DatePublished] => 2009-07-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804708 [AuthorName] => Iris Gonzales [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 406283 [Title] => Stocks plummet as investors panic [Summary] =>

Local shares plunged 8.3 percent yesterday with the key index losing the most in a single day since the Asian financial crisis of 1997, mirroring devastating selloffs in markets across the world as investors remain worried about the risks of a global recession.

[DatePublished] => 2008-10-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 397386 [Title] => Market seen flat on lack of positive leads [Summary] => The stock market is expected to consolidate within the trading range of 3,200 to 3,300 given the lack of positive leads and concerns over the upcoming elections.

Last week, the market went down by 0.01 percent, or 0.46 points, to close at 3,271.53 with the broader all shares index dropping by 2.14 points.

"Stocks are expected to consolidate because it is near the elections," said Nestor Aguila of the Philippine Association of Securities Brokers and Dealers Inc.
[DatePublished] => 2007-05-07 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 383534 [Title] => Shares expected to move higher [Summary] => Share prices are expected to remain on the upswing this week, driven by Wall Street’s positive performance as well as rosy economic prospects and better-than-expected 2006 budget gap, analysts said.

"Bullish sentiments remain for Philippineequities as the government aims to post a better economic growth this year of 5.6 percent, higher than five percent in 2005 and 5.4-percent growth last year," AB Capital Securities said in a report.
[DatePublished] => 2007-02-05 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1804021 [AuthorName] => Zinnia B. Dela Peña [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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