+ Follow MARK CANIZARES Tag
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[ArticleID] => 377077
[Title] => Peso, stocks surge on rosy outlook
[Summary] =>
The local financial markets rallied yesterday on a positive economic outlook for next year given the sustained improvement in the government’s fiscal performance and expectations of continued growth in corporate profits, traders said.
At the Philippine Dealing System (PDS), the peso rose to its strongest level in nearly six years, closing at 49.195 from Friday’s close of 49.280 to the dollar. Yesterday’s close was the strongest since the peso last touched the 49.165 to $1 level last March 27, 2001.
[DatePublished] => 2006-12-28 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 373377
[Title] => Foreign buying in select stocks boosts share prices
[Summary] =>
Shares rose yesterday on foreign buying in banks and property stocks.
The benchmark 30-company Philippine Stock Exchange Index gained 6.84 points, or 0.2 percent, to 2,795.30, after rising 1.6 percent Thursday. Markets were closed Friday for a public holiday.
"We saw foreign investors returning today after being net sellers in recent days," said Ricardo Puig, analyst at Wealth Securities.
The composite index added 6.84 points to 2,795.30,the day’s high, from a low of 2,773.04.
[DatePublished] => 2006-12-05 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 370695
[Title] => Upbeat economic outlook prods traders to buy stocks
[Summary] =>
Share prices closed 1.05 percent higher yesterday as an upbeat economic outlook encouraged investors to snap up key stocks led by Philippine Long Distance Telephone Co. (PLDT), dealers said.
The composite index added 29.82 points to 2,855.23, after moving between 2,825.16 and 2,856.15.
The broader all-share index was up 12.08 points at 1,767.
Gainers outnumbered losers 71 to 39 with 47 unchanged. Turnover totalled 2.47 billion shares worth P2.85 billion.
[DatePublished] => 2006-11-23 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 367780
[Title] => Stocks slide 1.34% on profit taking in blue chips
[Summary] =>
Share prices shrugged off a strong performance by Wall Street overnight and closed 1.34 percent lower yesterday on profit-taking in blue chips after recent gains, dealers said.
They said the market could continue to consolidate in the next few sessions and will likely bounce back when other blue-chip companies unveil quarterly results next week.
The composite index shed 37.46 points to 2,755.28 having traded between 2,743.43 and 2,792.74.
The broader all-share index fell 10.05 points to 1,699.23.
[DatePublished] => 2006-11-09 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 351672
[Title] => Market eases on PLDT’s weaker first half income
[Summary] =>
Share prices closed 0.46 percent lower yesterday after Philippine Long Distance Telephone Co. (PLDT) reported a weaker first half net profit, dealers said.
They said investors were also sidelined, awaiting signals from US monetary authorities, who will decide later in the day whether or not to end a two-year cycle of interest rate hikes.
The composite index ended down 10.88 points at the day’s low of 2,367.75. It touched a high of 2,382.19. The broader all-shares index retreated 3.49 points to 1,453.44.
[DatePublished] => 2006-08-09 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 344041
[Title] => Peso weakens to 6-month low
[Summary] => The peso weakened to its lowest level in six months yesterday, closing at 53.40 to a dollar as the market continued to speculate on interest rates ahead of the US Federal Reserve meeting.
At the Philippine Dealing System (PDS), the peso tumbled by 14 centavos from Friday’s close of 53.26 to the dollar.
The currency went down to as low as 53.42 at mid-trade before finally closing at 53.40 to the dollar.
[DatePublished] => 2006-06-27 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 328482
[Title] => Index tumbles 12 pts on profit-taking in select issues
[Summary] => Share prices closed 0.55 percent lower yesterday on profit-taking after recent gains took the benchmark index to its highest level in nearly seven years, dealers said.
However, they said the light volumes suggest investors were just taking a breather and may buy back into the market after a brief technical correction.
The composite index fell 12.18 points at 2,195.95 after trading between 2,188.34 and 2,207.99. Volume was 951.26 million shares worth P845.97 million. Losers led gainers 61 to 31, with 50 stocks unchanged.
[DatePublished] => 2006-03-28 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[7] => Array
(
[ArticleID] => 310038
[Title] => Sharp gains in US, Japanese stocks lift local share prices
[Summary] => Share prices closed 1.38 percent higher yesterday as sharp gains in the US and Japanese stock markets lifted investor sentiment locally, dealers said.
The Philippine Stock Exchange composite index rose 28.71 points to 2,114.89 after trading between 2,086.18 and 2,115.73. Volume was 1.35 billion shares worth P909 million.
The broader all-shares index advanced 13.79 points to 1,278.57.
Gainers beat losers 50 to 27 and 59 stocks were flat.
[DatePublished] => 2005-12-03 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 309488
[Title] => Market flat after disappointing growth figures
[Summary] => Share prices closed flat yesterday following disappointing third quarter growth figures, dealers said.
They said the market may be taking a breather after a three-day weekend and hitting eight-month highs last week. The markets were closed on Monday for a public holiday.
The Philippine Stock Exchange composite index rose 1.26 points at 2,107.36, having trading in a very narrow range of 2,102.70 to 2,109.79 as the market digested the growth data.
Gainers led losers 40 to 29, with 50 stocks unchanged.
[DatePublished] => 2005-11-30 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[9] => Array
(
[ArticleID] => 281698
[Title] => Index rises 19 pts as investors gobble up blue chips
[Summary] => Local stocks rose yesterday as investors accumulated blue chips after the extended holiday weekend passed relatively peaceful amid political scandals dogging President Arroyo, dealers said.
The 30-company composite index climbed 18.61 points or one percent higher at 1,955.79 after rising 38.94 points Friday following a three-day plunge of more than seven percent on political and security jitters.
Financial markets were closed Monday for a post-Independence Day holiday.
[DatePublished] => 2005-06-15 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
MARK CANIZARES
Array
(
[results] => Array
(
[0] => Array
(
[ArticleID] => 377077
[Title] => Peso, stocks surge on rosy outlook
[Summary] =>
The local financial markets rallied yesterday on a positive economic outlook for next year given the sustained improvement in the government’s fiscal performance and expectations of continued growth in corporate profits, traders said.
At the Philippine Dealing System (PDS), the peso rose to its strongest level in nearly six years, closing at 49.195 from Friday’s close of 49.280 to the dollar. Yesterday’s close was the strongest since the peso last touched the 49.165 to $1 level last March 27, 2001.
[DatePublished] => 2006-12-28 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[1] => Array
(
[ArticleID] => 373377
[Title] => Foreign buying in select stocks boosts share prices
[Summary] =>
Shares rose yesterday on foreign buying in banks and property stocks.
The benchmark 30-company Philippine Stock Exchange Index gained 6.84 points, or 0.2 percent, to 2,795.30, after rising 1.6 percent Thursday. Markets were closed Friday for a public holiday.
"We saw foreign investors returning today after being net sellers in recent days," said Ricardo Puig, analyst at Wealth Securities.
The composite index added 6.84 points to 2,795.30,the day’s high, from a low of 2,773.04.
[DatePublished] => 2006-12-05 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[2] => Array
(
[ArticleID] => 370695
[Title] => Upbeat economic outlook prods traders to buy stocks
[Summary] =>
Share prices closed 1.05 percent higher yesterday as an upbeat economic outlook encouraged investors to snap up key stocks led by Philippine Long Distance Telephone Co. (PLDT), dealers said.
The composite index added 29.82 points to 2,855.23, after moving between 2,825.16 and 2,856.15.
The broader all-share index was up 12.08 points at 1,767.
Gainers outnumbered losers 71 to 39 with 47 unchanged. Turnover totalled 2.47 billion shares worth P2.85 billion.
[DatePublished] => 2006-11-23 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[3] => Array
(
[ArticleID] => 367780
[Title] => Stocks slide 1.34% on profit taking in blue chips
[Summary] =>
Share prices shrugged off a strong performance by Wall Street overnight and closed 1.34 percent lower yesterday on profit-taking in blue chips after recent gains, dealers said.
They said the market could continue to consolidate in the next few sessions and will likely bounce back when other blue-chip companies unveil quarterly results next week.
The composite index shed 37.46 points to 2,755.28 having traded between 2,743.43 and 2,792.74.
The broader all-share index fell 10.05 points to 1,699.23.
[DatePublished] => 2006-11-09 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[4] => Array
(
[ArticleID] => 351672
[Title] => Market eases on PLDT’s weaker first half income
[Summary] =>
Share prices closed 0.46 percent lower yesterday after Philippine Long Distance Telephone Co. (PLDT) reported a weaker first half net profit, dealers said.
They said investors were also sidelined, awaiting signals from US monetary authorities, who will decide later in the day whether or not to end a two-year cycle of interest rate hikes.
The composite index ended down 10.88 points at the day’s low of 2,367.75. It touched a high of 2,382.19. The broader all-shares index retreated 3.49 points to 1,453.44.
[DatePublished] => 2006-08-09 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[5] => Array
(
[ArticleID] => 344041
[Title] => Peso weakens to 6-month low
[Summary] => The peso weakened to its lowest level in six months yesterday, closing at 53.40 to a dollar as the market continued to speculate on interest rates ahead of the US Federal Reserve meeting.
At the Philippine Dealing System (PDS), the peso tumbled by 14 centavos from Friday’s close of 53.26 to the dollar.
The currency went down to as low as 53.42 at mid-trade before finally closing at 53.40 to the dollar.
[DatePublished] => 2006-06-27 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] => 1096655
[AuthorName] => Des Ferriols
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[6] => Array
(
[ArticleID] => 328482
[Title] => Index tumbles 12 pts on profit-taking in select issues
[Summary] => Share prices closed 0.55 percent lower yesterday on profit-taking after recent gains took the benchmark index to its highest level in nearly seven years, dealers said.
However, they said the light volumes suggest investors were just taking a breather and may buy back into the market after a brief technical correction.
The composite index fell 12.18 points at 2,195.95 after trading between 2,188.34 and 2,207.99. Volume was 951.26 million shares worth P845.97 million. Losers led gainers 61 to 31, with 50 stocks unchanged.
[DatePublished] => 2006-03-28 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[7] => Array
(
[ArticleID] => 310038
[Title] => Sharp gains in US, Japanese stocks lift local share prices
[Summary] => Share prices closed 1.38 percent higher yesterday as sharp gains in the US and Japanese stock markets lifted investor sentiment locally, dealers said.
The Philippine Stock Exchange composite index rose 28.71 points to 2,114.89 after trading between 2,086.18 and 2,115.73. Volume was 1.35 billion shares worth P909 million.
The broader all-shares index advanced 13.79 points to 1,278.57.
Gainers beat losers 50 to 27 and 59 stocks were flat.
[DatePublished] => 2005-12-03 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[8] => Array
(
[ArticleID] => 309488
[Title] => Market flat after disappointing growth figures
[Summary] => Share prices closed flat yesterday following disappointing third quarter growth figures, dealers said.
They said the market may be taking a breather after a three-day weekend and hitting eight-month highs last week. The markets were closed on Monday for a public holiday.
The Philippine Stock Exchange composite index rose 1.26 points at 2,107.36, having trading in a very narrow range of 2,102.70 to 2,109.79 as the market digested the growth data.
Gainers led losers 40 to 29, with 50 stocks unchanged.
[DatePublished] => 2005-11-30 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
[9] => Array
(
[ArticleID] => 281698
[Title] => Index rises 19 pts as investors gobble up blue chips
[Summary] => Local stocks rose yesterday as investors accumulated blue chips after the extended holiday weekend passed relatively peaceful amid political scandals dogging President Arroyo, dealers said.
The 30-company composite index climbed 18.61 points or one percent higher at 1,955.79 after rising 38.94 points Friday following a three-day plunge of more than seven percent on political and security jitters.
Financial markets were closed Monday for a post-Independence Day holiday.
[DatePublished] => 2005-06-15 00:00:00
[ColumnID] => 133272
[Focus] => 0
[AuthorID] =>
[AuthorName] =>
[SectionName] => Business
[SectionUrl] => business
[URL] =>
)
)
)
abtest
December 5, 2006 - 12:00am
November 23, 2006 - 12:00am
November 9, 2006 - 12:00am
December 3, 2005 - 12:00am
November 30, 2005 - 12:00am
