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+ Follow SPENCER YAP Tag
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            [0] => Array
                (
                    [ArticleID] => 58797
                    [Title] => Market headed for more turbulence this week
                    [Summary] => 
            
                    [DatePublished] => 2008-04-28 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 350731
                    [Title] => Stocks close sharply lower on profit-taking
                    [Summary] => 

Share prices closed 3.35 percent lower yesterday as investors took profits on recent gains amid growing concerns the US central bank will hike interests rate again next week, dealers said. 


They said the latest US data had sparked fresh inflation worries on Wall Street overnight which had set the tone for a negative day here.

Traders also pointed out that investors cashed in on gains made in recent sessions amid renewed concerns over the adverse impact of rising oil prices.
[DatePublished] => 2006-08-03 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 153460 [Title] => Mart seen to consolidate within a narrow range [Summary] => The equities market will continue to consolidate within a narrow range this week as news-hungry investors opt to be more selective than speculative, analysts said.

"The market is expected to continue its consolidation in the absence of any fresh developments. Bargain hunters are seen to take the opportunity of market dips to accumulate; however, equal pressure has been noted from sellers accounting for the market’s rather lackluster performance (last week)," BPI Securities vice president Spencer Yap said.
[DatePublished] => 2002-03-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 153098 [Title] => Shopping craze to drive up SM Prime profits [Summary] => The Philippines’ leading mall developer, SM Prime Holdings Inc., is expected to post a 13-15 percent higher net profit for 2001, thanks to the company gearing up to cater for Filipinos with a penchant for shopping.

Rather than putting people off shopping, a slowing economy last year prompted them to spend more time in shopping malls in place of more expensive leisure pursuits, analysts said.
[DatePublished] => 2002-03-08 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1214582 [AuthorName] => Carmina Reyes [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 152603 [Title] => Stocks head toward consolidation phase [Summary] => After taking a breather from an extended upswing, the stock market is now heading toward a consolidation phase, perked up from time to time by breaking news from the corporate front, analysts said.

"We’ve seen gains in the market for the past four days, but we can hardly call it a resumption of the rally. Generally, the market’s attitude is more consolidation than anything, and turnover remains in the doldrums," a website report by RCBC Securities noted.
[DatePublished] => 2002-03-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 147022 [Title] => Shares seen to remain within tight range as investors take profits [Summary] => Share prices will likely remain within a tight trading range this week as investors begin to cash in on their gains from the market’s run-up since November last year.

Analysts said despite the still prevailing positive sentiment, the market’s upside will be limited, with profit taking seen emerging as the main index approaches the key resistance level of 1,250 points.
[DatePublished] => 2002-01-14 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 146216 [Title] => Market due for correction this week – analyst [Summary] => Stocks are expected to take a breather after an extended run-up period although analysts believe the correction will be temporary as investors consolidate their positions and gear up for another rally. [DatePublished] => 2002-01-07 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 145464 [Title] => Market due for technical correction soon — analyst [Summary] => Local stocks ended 2001 on a high note as the main index capped the last trading week sustaining a two-month rally, but traders remain wary of a technical correction coming into the new year as the seasonal buying and window-dressing take the backseat.
[DatePublished] => 2001-12-31 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 143078 [Title] => Analysts say stock market gains to continue this week [Summary] => The stock market sustained an uptrend last week and is expected to "look good" in the near term, particularly in the run-up toward the holiday spending and year-end window-dressing season, analysts said.

For the fifth straight week, the 30-company main index ended on a higher note, closing last Friday at 1,130.20 points, up by 1.73 points or 0.15 percent week-on-week.

But despite the continued uptick, stock experts remain apprehensive about the market’s longer-term prospects, given the limited gains and the trading swings seen this week.
[DatePublished] => 2001-12-10 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 139839 [Title] => Stocks seen consolidating within narrow range as investors remain cautious [Summary] => Stocks moved modestly higher last week but analysts still expect the market to consolidate within a narrow range over the medium term as investors remain clueless on when the global economic slowdown would come to an end.

"As investors look forward to prospects for the next year, we may see continued accumulation on selected sectors; however, with the outlook for the economy clouded, market appreciation may be capped early," BPI Securities analyst Spencer Yap said.
[DatePublished] => 2001-11-12 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
SPENCER YAP
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 58797
                    [Title] => Market headed for more turbulence this week
                    [Summary] => 
            
                    [DatePublished] => 2008-04-28 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 350731
                    [Title] => Stocks close sharply lower on profit-taking
                    [Summary] => 

Share prices closed 3.35 percent lower yesterday as investors took profits on recent gains amid growing concerns the US central bank will hike interests rate again next week, dealers said. 


They said the latest US data had sparked fresh inflation worries on Wall Street overnight which had set the tone for a negative day here.

Traders also pointed out that investors cashed in on gains made in recent sessions amid renewed concerns over the adverse impact of rising oil prices.
[DatePublished] => 2006-08-03 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 153460 [Title] => Mart seen to consolidate within a narrow range [Summary] => The equities market will continue to consolidate within a narrow range this week as news-hungry investors opt to be more selective than speculative, analysts said.

"The market is expected to continue its consolidation in the absence of any fresh developments. Bargain hunters are seen to take the opportunity of market dips to accumulate; however, equal pressure has been noted from sellers accounting for the market’s rather lackluster performance (last week)," BPI Securities vice president Spencer Yap said.
[DatePublished] => 2002-03-11 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 153098 [Title] => Shopping craze to drive up SM Prime profits [Summary] => The Philippines’ leading mall developer, SM Prime Holdings Inc., is expected to post a 13-15 percent higher net profit for 2001, thanks to the company gearing up to cater for Filipinos with a penchant for shopping.

Rather than putting people off shopping, a slowing economy last year prompted them to spend more time in shopping malls in place of more expensive leisure pursuits, analysts said.
[DatePublished] => 2002-03-08 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1214582 [AuthorName] => Carmina Reyes [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 152603 [Title] => Stocks head toward consolidation phase [Summary] => After taking a breather from an extended upswing, the stock market is now heading toward a consolidation phase, perked up from time to time by breaking news from the corporate front, analysts said.

"We’ve seen gains in the market for the past four days, but we can hardly call it a resumption of the rally. Generally, the market’s attitude is more consolidation than anything, and turnover remains in the doldrums," a website report by RCBC Securities noted.
[DatePublished] => 2002-03-04 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 147022 [Title] => Shares seen to remain within tight range as investors take profits [Summary] => Share prices will likely remain within a tight trading range this week as investors begin to cash in on their gains from the market’s run-up since November last year.

Analysts said despite the still prevailing positive sentiment, the market’s upside will be limited, with profit taking seen emerging as the main index approaches the key resistance level of 1,250 points.
[DatePublished] => 2002-01-14 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 146216 [Title] => Market due for correction this week – analyst [Summary] => Stocks are expected to take a breather after an extended run-up period although analysts believe the correction will be temporary as investors consolidate their positions and gear up for another rally. [DatePublished] => 2002-01-07 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 145464 [Title] => Market due for technical correction soon — analyst [Summary] => Local stocks ended 2001 on a high note as the main index capped the last trading week sustaining a two-month rally, but traders remain wary of a technical correction coming into the new year as the seasonal buying and window-dressing take the backseat.
[DatePublished] => 2001-12-31 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [8] => Array ( [ArticleID] => 143078 [Title] => Analysts say stock market gains to continue this week [Summary] => The stock market sustained an uptrend last week and is expected to "look good" in the near term, particularly in the run-up toward the holiday spending and year-end window-dressing season, analysts said.

For the fifth straight week, the 30-company main index ended on a higher note, closing last Friday at 1,130.20 points, up by 1.73 points or 0.15 percent week-on-week.

But despite the continued uptick, stock experts remain apprehensive about the market’s longer-term prospects, given the limited gains and the trading swings seen this week.
[DatePublished] => 2001-12-10 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) [9] => Array ( [ArticleID] => 139839 [Title] => Stocks seen consolidating within narrow range as investors remain cautious [Summary] => Stocks moved modestly higher last week but analysts still expect the market to consolidate within a narrow range over the medium term as investors remain clueless on when the global economic slowdown would come to an end.

"As investors look forward to prospects for the next year, we may see continued accumulation on selected sectors; however, with the outlook for the economy clouded, market appreciation may be capped early," BPI Securities analyst Spencer Yap said.
[DatePublished] => 2001-11-12 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096615 [AuthorName] => Christina Mendez [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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