^
+ Follow MARK ALAN CANIZARES Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 377389
                    [Title] => Stocks end year with a bang
                    [Summary] => 



The stock market  ended the year with a bang, climbing   to its highest level in nearly 10 years yesterday, due to   continued bullishness over the economic prospects for 2007.


"We ended the year with a bang as the fundamentals are looking up," said Astro del Castillo of First Grade Holdings Inc.

The benchmark Philippine Stock Exchange (PSE) composite index surged by 39.16 points to close at the day’s high of 2,982.54. It earlier hit a low of 2,948.55 points.
[DatePublished] => 2006-12-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1690110 [AuthorName] => Rica Delfinado [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 369947 [Title] => Index ends flat as market continues to consolidate [Summary] => Share prices closed flat yesterday as the market consolidated after recent gains, dealers said.

After trading mostly in negative territory, the composite index ended 0.77 points up at 2,843.31 after trading between 2,833.88 and 2,848.37.

The broader all-share index rose 3.47 points to 1,762.96.

Gainers narrowly beat losers 55 to 51 with 51 unchanged. A total of 2.85 billion shares changed hands worth P2.46 billion.
[DatePublished] => 2006-11-21 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 370142 [Title] => Index ends flat as market continues to consolidate [Summary] => Share prices closed flat yesterday as the market consolidated after recent gains, dealers said.

After trading mostly in negative territory, the composite index ended 0.77 points up at 2,843.31 after trading between 2,833.88 and 2,848.37.

The broader all-share index rose 3.47 points to 1,762.96.

Gainers narrowly beat losers 55 to 51 with 51 unchanged. A total of 2.85 billion shares changed hands worth P2.46 billion.
[DatePublished] => 2006-11-21 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 369398 [Title] => Index surges to 9-yr high on renewed confidence in RP [Summary] => Share prices closed 0.85 percent higher yesterday, its best close in nine years amid renewed confidence in the economy, dealers said.

The composite index added 23.95 points to 2,842.54 after trading between 2,848.14 and 2,812.79. It was the index’s best finish since June 20, 1997 when it settled at 2,881.73.

The broader all-share index rose 16.20 points to 1,759.49.

Gainers overwhelmed losers 86 to 26, while 55 stocks were unchanged with 3.6 billion shares traded worth P2.4 billion.
[DatePublished] => 2006-11-18 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 364111 [Title] => Index continues to surge on positive economic prospects [Summary] => Share prices closed 0.78 percent higher yesterday on continued optimism over upcoming quarterly corporate results and improved economic prospects, dealers said.

They said the positive momentum took the index above the psychological barrier of 2,600 points.

The composite index rose 20.26 points to 2,617.41 after moving between 2,620.95 and 2,602.54.

It was the index’s highest close since July 5, 1999 when it ended at 2,621.67 points.

The broader all-share index rose 10.67 points to 1,608.74.
[DatePublished] => 2006-10-21 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 362905 [Title] => Index climbs on strong export figures, passage of budget [Summary] => Share prices closed 0.90 percent higher yesterday on the back of robust export figures and the passage of the national budget for 2007, dealers said.

Companies expected to report strong earnings for the third quarter, led by Philippine Long Distance Telephone Co. (PLDT), were in favor, they added.

The composite index gained 22.85 points to 2,557.25 after trading between 2,564.53 and 2,534.40.

The broader all-share index rose 13.25 points to 1,571.41.

Gainers led losers 74 to 24, with 51 stocks unchanged.
[DatePublished] => 2006-10-14 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 362204 [Title] => Index dips as regional markets drop after Nokor’s nuclear test [Summary] => Share prices closed 0.32 percent lower Monday with investors taking profits as regional markets dropped on news of North Korea’s nuclear weapons test, dealers said.

Gains in Philippine Long Distance Telephone Co. (PLDT) on hopes that the telecom giant will report better third-quarter earnings helped limit the downturn, they said.

The composite index shed 8.30 points at 2,551.92 after trading between 2,549.92 and 2,572.22.

The broader all-share index fell 6.70 points to 1,567.25.

Losers led gainers 55 to 28 with 57 unchanged.
[DatePublished] => 2006-10-10 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 356592 [Title] => Market sustains gains on strong peso, easing inflation [Summary] => Share prices rose 0.91 percent to a three-month high yesterday, extending gains to a fourth day on the back of the peso’s sustained gains, easing inflation and an improving fiscal outlook, dealers said.

This boosted investor confidence and sparked continued buying in blue chips led by Philippine Long Distance Telephone Co. (PLDT), they added.

The composite index added 21.46 points to 2,392.56, the day’s high, off a low of 2,371.10. It was the index’s best finish since May 17 when it closed at 2,463.57.
[DatePublished] => 2006-09-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 352041 [Title] => Market tumbles as investors continue to unload PLDT [Summary] => Share prices closed 0.99 percent lower yesterday as investors continued to sell down index heavyweight Philippine Long Distance Telephone Co. (PLDT), dealers said.

They said the market was also in correction mode as investors took profits from sharp gains made in recent weeks when they had taken positions in select stocks of companies that had been expected to report healthy earnings.

Volatile crude oil prices overnight also weighed on market sentiment.
[DatePublished] => 2006-08-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 350911 [Title] => Index rebounds following Wall St overnight gains [Summary] => Share prices closed 2.13 percent higher yesterday in a quick rebound after Wednesday’s sharp losses as investors took their lead from Wall Street’s overnight gains, dealers said.

They said there was also support for select majors ahead of second quarter results although the market remained wary ahead of a US Federal Reserve meeting on interest rates next week.

A technical glitch late in the session prompted the exchange to suspend trading for about half an hour but investors continued to accumulate stocks after business resumed.
[DatePublished] => 2006-08-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
MARK ALAN CANIZARES
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 377389
                    [Title] => Stocks end year with a bang
                    [Summary] => 



The stock market  ended the year with a bang, climbing   to its highest level in nearly 10 years yesterday, due to   continued bullishness over the economic prospects for 2007.


"We ended the year with a bang as the fundamentals are looking up," said Astro del Castillo of First Grade Holdings Inc.

The benchmark Philippine Stock Exchange (PSE) composite index surged by 39.16 points to close at the day’s high of 2,982.54. It earlier hit a low of 2,948.55 points.
[DatePublished] => 2006-12-30 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1690110 [AuthorName] => Rica Delfinado [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 369947 [Title] => Index ends flat as market continues to consolidate [Summary] => Share prices closed flat yesterday as the market consolidated after recent gains, dealers said.

After trading mostly in negative territory, the composite index ended 0.77 points up at 2,843.31 after trading between 2,833.88 and 2,848.37.

The broader all-share index rose 3.47 points to 1,762.96.

Gainers narrowly beat losers 55 to 51 with 51 unchanged. A total of 2.85 billion shares changed hands worth P2.46 billion.
[DatePublished] => 2006-11-21 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 370142 [Title] => Index ends flat as market continues to consolidate [Summary] => Share prices closed flat yesterday as the market consolidated after recent gains, dealers said.

After trading mostly in negative territory, the composite index ended 0.77 points up at 2,843.31 after trading between 2,833.88 and 2,848.37.

The broader all-share index rose 3.47 points to 1,762.96.

Gainers narrowly beat losers 55 to 51 with 51 unchanged. A total of 2.85 billion shares changed hands worth P2.46 billion.
[DatePublished] => 2006-11-21 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 369398 [Title] => Index surges to 9-yr high on renewed confidence in RP [Summary] => Share prices closed 0.85 percent higher yesterday, its best close in nine years amid renewed confidence in the economy, dealers said.

The composite index added 23.95 points to 2,842.54 after trading between 2,848.14 and 2,812.79. It was the index’s best finish since June 20, 1997 when it settled at 2,881.73.

The broader all-share index rose 16.20 points to 1,759.49.

Gainers overwhelmed losers 86 to 26, while 55 stocks were unchanged with 3.6 billion shares traded worth P2.4 billion.
[DatePublished] => 2006-11-18 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 364111 [Title] => Index continues to surge on positive economic prospects [Summary] => Share prices closed 0.78 percent higher yesterday on continued optimism over upcoming quarterly corporate results and improved economic prospects, dealers said.

They said the positive momentum took the index above the psychological barrier of 2,600 points.

The composite index rose 20.26 points to 2,617.41 after moving between 2,620.95 and 2,602.54.

It was the index’s highest close since July 5, 1999 when it ended at 2,621.67 points.

The broader all-share index rose 10.67 points to 1,608.74.
[DatePublished] => 2006-10-21 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 362905 [Title] => Index climbs on strong export figures, passage of budget [Summary] => Share prices closed 0.90 percent higher yesterday on the back of robust export figures and the passage of the national budget for 2007, dealers said.

Companies expected to report strong earnings for the third quarter, led by Philippine Long Distance Telephone Co. (PLDT), were in favor, they added.

The composite index gained 22.85 points to 2,557.25 after trading between 2,564.53 and 2,534.40.

The broader all-share index rose 13.25 points to 1,571.41.

Gainers led losers 74 to 24, with 51 stocks unchanged.
[DatePublished] => 2006-10-14 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 362204 [Title] => Index dips as regional markets drop after Nokor’s nuclear test [Summary] => Share prices closed 0.32 percent lower Monday with investors taking profits as regional markets dropped on news of North Korea’s nuclear weapons test, dealers said.

Gains in Philippine Long Distance Telephone Co. (PLDT) on hopes that the telecom giant will report better third-quarter earnings helped limit the downturn, they said.

The composite index shed 8.30 points at 2,551.92 after trading between 2,549.92 and 2,572.22.

The broader all-share index fell 6.70 points to 1,567.25.

Losers led gainers 55 to 28 with 57 unchanged.
[DatePublished] => 2006-10-10 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 356592 [Title] => Market sustains gains on strong peso, easing inflation [Summary] => Share prices rose 0.91 percent to a three-month high yesterday, extending gains to a fourth day on the back of the peso’s sustained gains, easing inflation and an improving fiscal outlook, dealers said.

This boosted investor confidence and sparked continued buying in blue chips led by Philippine Long Distance Telephone Co. (PLDT), they added.

The composite index added 21.46 points to 2,392.56, the day’s high, off a low of 2,371.10. It was the index’s best finish since May 17 when it closed at 2,463.57.
[DatePublished] => 2006-09-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 352041 [Title] => Market tumbles as investors continue to unload PLDT [Summary] => Share prices closed 0.99 percent lower yesterday as investors continued to sell down index heavyweight Philippine Long Distance Telephone Co. (PLDT), dealers said.

They said the market was also in correction mode as investors took profits from sharp gains made in recent weeks when they had taken positions in select stocks of companies that had been expected to report healthy earnings.

Volatile crude oil prices overnight also weighed on market sentiment.
[DatePublished] => 2006-08-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 350911 [Title] => Index rebounds following Wall St overnight gains [Summary] => Share prices closed 2.13 percent higher yesterday in a quick rebound after Wednesday’s sharp losses as investors took their lead from Wall Street’s overnight gains, dealers said.

They said there was also support for select majors ahead of second quarter results although the market remained wary ahead of a US Federal Reserve meeting on interest rates next week.

A technical glitch late in the session prompted the exchange to suspend trading for about half an hour but investors continued to accumulate stocks after business resumed.
[DatePublished] => 2006-08-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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