MORE THAN 30% of adult Filipinos said their quality of life had improved from a year ago, according to the Social Weather Station’s (SWS) 4th quarter 2022 survey. Citing its Dec. 10-14 survey released on Wednesday, SWS said 34% of adult Filipinos believed their life was better than twelve months before while 26% said it […]
Tag: points
Stocks decline on profit taking ahead of Q4 GDP
SHARES closed lower on Tuesday due to profit taking as investors await the release of the full-year 2022 gross domestic product (GDP) data this week. The benchmark Philippine Stock Exchange index (PSEi) went down by 28.18 points or 0.39% to close at 7,041.50 on Tuesday, while the broader all shares index lost 4.77 points or […]
PHL shares climb ahead of key economic reports
PHILIPPINE STOCKS finished higher on Monday despite being in the red for most of the session due to profit taking ahead of the release of key economic data. The bellwether Philippine Stock Exchange index (PSEi) went up by 13.06 points or 0.18% to close at 7,069.68 on Monday, while the broader all shares index added […]
Shares decline on recession fears, profit taking
SHARES dropped on Thursday on profit taking as sentiment was dampened by recession fears and Wall Street’s decline. The benchmark Philippine Stock Exchange index (PSEi) went down by 32.85 points or 0.46% to close at 7,062.01 on Thursday, while the broader all shares index inched down by 5.83 points or 0.15% to end at 3,686.68. […]
Philippine stocks climb on upbeat economic view
PHILIPPINE STOCKS posted gains on Wednesday on positive market sentiment after the Finance chief said economic growth is expected to remain robust this year. The bellwether Philippine Stock Exchange index (PSEi) went up by 80.82 points or 1.15% to close at 7,094.86 on Wednesday, while the broader all shares index added 34.59 points or 0.94% […]
Stocks drop on profit taking after Monday rally
PHILIPPINE STOCKS closed lower on Tuesday on profit taking after the main index hit the 7,000 level for the first time since April 2022 on Monday and ahead of the resumption of trading on Wall Street. The benchmark Philippine Stock Exchange index (PSEi) went down by 31.44 points or 0.44% to close at 7,014.04 on […]
Dallas Cowboys kicker Brett Maher’s 4 straight missed PATs make history
NOT everyone on the Dallas sideline was enjoying the Cowboys’ dominant start to the playoffs Monday night. After the Cowboys and the host Tampa Bay Buccaneers traded punts in each of the first four drives to start their NFC wild-card game, the Cowboys scored touchdowns on each of their next four possessions. But each drive […]
Society Pass, Inc. (SOPA) / NusaTrip Expands Services to Philippines
SINGAPORE, Jan 17, 2023 – (ACN Newswire via SEAPRWire.com) – NusaTrip, Indonesia’s first IATA-certified online travel agency (OTA) and the travel vertical of Society Pass Incorporated (Nasdaq:SOPA), today formally announces the opening of its second Southeast Asia (SEA) regional office in Philippines. The market for Filipino tourists and foreign workers is sizable. According to the […]
PSEi surges to 7,000 level on Fed policy hopes
PHILIPPINE SHARES climbed on Monday amid Wall Street’s rise last week and a stronger peso amid expectations of smaller rate hikes from the US Federal Reserve. The 30-member Philippine Stock Exchange index (PSEi) went up by 93.94 points or 1.35% to 7,045.48 on Monday, while the broader all shares index rose by 37.53 points or […]
Rhenz Abando rules Slam Dunk Contest in Korean Basketball League All-Star Weekend
FILIPINO high-flyer Rhenz Abando took the Korean Basketball League (KBL) All-Star Weekend by storm, soaring his way to the championship of the Slam Dunk Contest yesterday at the KT Sonicboom Arena in Suwon. The Anyang KGC import made heads turn in going perfect in two rounds with 100 points to best the homegrown stars of […]
Gabe Vincent, Bam Adebayo propel Heat past Bucks
GABE Vincent scored 27 points as the Miami Heat posted a 111-95 victory over the visiting Milwaukee Bucks on Saturday afternoon. Bam Adebayo led the charge down low, finishing with his 21st double-double of the season by collecting 20 points and 13 rebounds. Victor Oladipo scored 20 points and Jimmy Butler added 16. Both teams […]
Local shares decline on inflation, rate hike bets
SHARES dropped on Wednesday ahead of release of December US consumer inflation data and expectations of rate hikes from both the US Federal Reserve and the Bangko Sentral ng Pilipinas (BSP) in their first meetings of the year. The bellwether Philippine Stock Exchange index (PSEi) went down by 47.35 points or 0.7% to close at […]
PSE index declines ahead of US inflation report
STOCKS closed lower on Tuesday, mirroring Wall Street’s decline, ahead of the release of December US consumer inflation data, which could give clues on the US Federal Reserve’s next policy move. The benchmark Philippine Stock Exchange index (PSEi) lost 33.55 points or 0.49% to close at 6,756.69 on Tuesday, while the broader all shares index […]
Local stocks track Wall St. rally on Fed hike bets
SHARES went up on Monday, mirroring Wall Street’s climb, as investors were hopeful that improved US economic data could lead to slower tightening by the US Federal Reserve. The 30-member Philippine Stock Exchange index (PSEi) rose by 122.27 points or 1.83% to close at 6,790.24 on Monday, while the broader all shares index added 55.90 […]
Jayson Tatum (34 pts), Celtics hold off undermanned SA Spurs
JAYSON Tatum scored 34 points and had the game-winning jumper with 33.7 seconds to play as the visiting Boston Celtics outlasted the short-handed San Antonio Spurs 121-116 on Saturday. The Spurs were playing the second game of a home back-to-back and were without three regular starters but hung tough with Boston, the team with the […]
Stocks rise on slower-than-expected inflation
STOCKS continued to rally on Thursday as December inflation came in below market expectations despite picking up from the November level. The 30-member Philippine Stock Exchange index (PSEi) went up by 42.83 points or 0.63% to close at 6,761.33 on Thursday, while the broader all shares index added 13.38 points or 0.37% to end at […]
PSEi up as factory activity hits 6-month high
PHILIPPINE SHARES continued to rise on Wednesday as local manufacturing activity improved in December, indicating a robust economy. The bellwether Philippine Stock Exchange index (PSEi) surged by 132.49 points or 2.01% to close at 6,718.50 on Wednesday, while the broader all shares index rose by 60.37 points or 1.73% to 3,537.07. “Stocks moved higher as […]
Local shares climb ahead of key economic data
PHILIPPINE SHARES climbed on the first trading day of 2023 as investors remained bullish ahead of the release of key economic reports at home and in the United States. The benchmark Philippine Stock Exchange index (PSEi) went up by 19.62 points or 0.29% to close at 6,586.01 on Tuesday, while the broader all shares index […]
Indonesia defeats PHL Azkals in AFF Mitsubishi Electric Cup, 2-1
INDONESIA denied the Philippines and the retiring skipper Stephan Schrock a go-out-with-a-bang moment in the AFF Mitsubishi Electric Cup, beating the Azkals, 2-1, Monday night at the Rizal Memorial Stadium. First-half goals by Indonesia’s Dendy Sulistyawan (21’) and Marselino Ferdinan (43’) proved too much to overcome for the youth-laden Filipinos, who wrapped up their campaign […]
Brooklyn Nets stroll past Spurs for 12th consecutive win
KYRIE Irving scored 21 of his 27 points in the first half as the Brooklyn Nets took control early and easily extended the NBA’s longest winning streak to 12 games with a 139-103 rout of the San Antonio Spurs on Monday in New York. Brooklyn remained unbeaten since a home loss to the Boston Celtics […]