Results 181 to 190 of 272
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June 26th, 2013 09:42 PM #181
tingin ko may konteng correction pa pero mababa na din ngayon kaya pwede na mamili
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June 27th, 2013 10:19 AM #182
PH stocks rebound sharply
By Doris C. Dumlao
Philippine Daily Inquirer
5:36 pm | Wednesday, June 26th, 2013
MANILA, Philippines — Local stocks rebounded sharply on Wednesday, chalking up the single-biggest daily gain in six years, as bargain-hunters picked up oversold stocks as soon as the market dipped into “bear territory.”
The main-share Philippine Stock Exchange index regained 329.88 points or 5.7 percent to close at 6,118.94. The PSE said this marked the local stock barometer’s biggest one-day point increase on record since August 2007, supported by positive news on the US economy and the encouraging income performance of listed companies in the first quarter.
This ended a five-day slump, likewise tracking a sharp recovery across regional markets. This was after China vowed to stabilize its money markets after a recent credit crunch raised concerns about a potential crisis similar to that which hit Wall Street in 2008.
“Yesterday’s decline was overdone. If at 7,400 (the peak of the last bull run) there was irrational exuberance, yesterday was just plain irrational,” said Joseph Roxas.
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June 27th, 2013 12:33 PM #183
Market up today 200 pts again...but hard to monitor because of shitty PSE website.
Last edited by Monseratto; June 27th, 2013 at 12:36 PM.
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Tsikoteer
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June 27th, 2013 02:06 PM #186
DOW and other European stocks went up...Baka di mangyayari yung pull out ng stimulus agad-agad daw.
Nikkei up 2.47%
US growth downgrade ignored as stocks march again
LONDON (AP) — Disappointing U.S. economic growth figures failed to alter the mood in financial markets Wednesday, which has seen most stocks eke out solid gains for the second day running.
However, gold prices remained under pressure, falling to near three-year lows at one stage as the strength of the dollar continues to undermine the precious metal.
Over recent weeks, markets have been volatile amid concerns over U.S. monetary policy. Last week’s confirmation from Ben Bernanke, the chairman of the Federal Reserve, that the central bank may start reining in its monetary stimulus this year prompted big falls in stock markets as well as a sharp appreciation in the dollar. The extra money provided by the stimulus in recent years has found its way back into financial markets, shoring up stock markets, but keeping a lid on the dollar.
However, U.S. economic growth figures for the first quarter suggested that the so-called tapering in asset purchases by the Fed may not happen as soon as many investors have predicted.Last edited by Monseratto; June 27th, 2013 at 02:09 PM.
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June 27th, 2013 02:19 PM #188
Unit Investment Trust Funds - Net Asset Values per unit (UITF NAVpus)
For June 26, 2013 as of 7:00 PM
Equity Fund
377.6949
Laki nang tinaas 359 to 377
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June 27th, 2013 02:21 PM #189
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June 27th, 2013 02:39 PM #190
it's coz of this:
US First-Quarter GDP Gets a Haircut, Rises 1.8%
U.S. economic growth was more tepid than previously estimated in the first quarter, held back by a moderate pace of consumer spending, weak business investment and declining exports.
Gross domestic product expanded at a 1.8 percent annual rate, the Commerce Department said in its final estimate on Wednesday. Output was previously reported to have risen at a 2.4 percent pace after a 0.4 percent stall speed in the fourth quarter.
so the Fed can't reduce QE yet
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