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Array ( [results] => Array ( [0] => Array ( [ArticleID] => 344431 [Title] => Index tumbles on Wall St decline, rate woes [Summary] => Stocks fell for the third consecutive session yesterday, hurt by Wall Streets overnight decline and worries over the outcome of this weeks Federal Reserve meeting.
The benchmark 30-company Philippine Stock Exchange Index fell 15.03 points, or 0.7 percent, to 2,066.06. The index has lost 2.2 percent since Monday.
Financial markets have already factored in a quarter-point hike in US interest rates, though others are bracing for as much as a 50-basis-point increase, PCCI Securities president Francisco Liboro said.
[DatePublished] => 2006-06-29 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 341962 [Title] => Index continues to drop as US rate woes persist [Summary] => Shares slid to 18-week lows yesterday, spooked by the prospect of higher US interest rates, which appears to be causing foreign investors to pull money out of stocks.
The benchmark 30-company Philippine Stock Exchange Index ended below its 2,100-point support with a loss of 53.29 points, or 2.5 percent, to 2,067. It was the lowest finish since Feb. 8, when it closed at 2,060.92. On Tuesday, the index lost 1.8 percent.
[DatePublished] => 2006-06-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
PHILEX B
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 344431 [Title] => Index tumbles on Wall St decline, rate woes [Summary] => Stocks fell for the third consecutive session yesterday, hurt by Wall Streets overnight decline and worries over the outcome of this weeks Federal Reserve meeting.
The benchmark 30-company Philippine Stock Exchange Index fell 15.03 points, or 0.7 percent, to 2,066.06. The index has lost 2.2 percent since Monday.
Financial markets have already factored in a quarter-point hike in US interest rates, though others are bracing for as much as a 50-basis-point increase, PCCI Securities president Francisco Liboro said.
[DatePublished] => 2006-06-29 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 341962 [Title] => Index continues to drop as US rate woes persist [Summary] => Shares slid to 18-week lows yesterday, spooked by the prospect of higher US interest rates, which appears to be causing foreign investors to pull money out of stocks.
The benchmark 30-company Philippine Stock Exchange Index ended below its 2,100-point support with a loss of 53.29 points, or 2.5 percent, to 2,067. It was the lowest finish since Feb. 8, when it closed at 2,060.92. On Tuesday, the index lost 1.8 percent.
[DatePublished] => 2006-06-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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June 29, 2006 - 12:00am
June 15, 2006 - 12:00am
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