+ Follow PHILEX CLASS A Tag
PHILEX CLASS A
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[ArticleID] => 356771
[Title] => Strong blue chips continue to boost market
[Summary] => Share prices closed 0.15 percent higher yesterday as support for the conglomerates pushed the market to its best levels since May before profit-taking trimmed the gains, dealers said.
They said investors turned cautious after the index hit the resistance level of 2,400 points.
The composite index was up 3.64 points at 2,396.20, its highest close since May 17 when it ended at 2,463.57. The index moved between 2,384.90 and 2,401.55.
Volume was 3.37 billion shares worth P1.84 billion.
The broader all-shares index rose 1.06 points to 1,482.59.
[DatePublished] => 2006-09-07 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] => 345302
[Title] => Market extends gains on positive investor sentiment
[Summary] => Share prices closed 0.74 percent higher yesterday, extending gains to a third day on hopes the US Federal Reserve will soon call a halt to its rate hike cycle, dealers said.
They said sentiment was much more positive after a gain of 4.52 percent Friday following the latest Fed statement on the economy was taken to mean US interest rates had peaked, or were near to peaking out.
[DatePublished] => 2006-07-04 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
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[2] => Array
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[ArticleID] => 332295
[Title] => Market drifts listlessly in cautious trading
[Summary] => Share prices closed flat yesterday after a listless session marked by profit-taking in overbought stocks, dealers said.
After opening higher following Wall Street’s rally overnight, activity eased off as investors exercised caution with crude oil prices hovering at record levels and looking to go higher still on concerns about Iran’s nuclear program.
The composite index was down 1.99 points to 2,223.73 after trading between 2,218.46 and 2,233.29. Volume was 6.359 billion shares worth P1.520 billion.
[DatePublished] => 2006-04-20 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] => 332129
[Title] => Profit-taking, rising oil prices drag down market
[Summary] => Share prices closed 0.16 percent lower yesterday on profit-taking in the face of rising oil prices, dealers said. However, continued gains in mining stocks trimmed the market’s losses as metal prices rose to fresh multi-year highs overnight.
The composite index ended down 3.64 points at 2,225.72 after trading between 2,222.02 and 2,235.91.
The broader all-shares index retreated 3.71 points to 1,365.74.
Losers led gainers 71 to 34, with 52 stocks unchanged.
Volume was 11.269 billion shares worth P2.204 billion.
[DatePublished] => 2006-04-19 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
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abtest
September 7, 2006 - 12:00am
