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                    [ArticleID] => 338167
                    [Title] => Index edges up as market consolidates on bargain hunting
                    [Summary] => Share prices closed little changed yesterday as the market consolidated with some light bargain hunting in blue chips offset by declines in the broader market, dealers said. 


They said the market would consolidate, after recent volatility that saw the main index rising to its highest point in nearly seven years early this month, and then falling sharply last week to where it was before the rally. 


The composite index ended up 1.96 points at 2,357.98 after trading between 2,352.41 and 2,360.38, on volume of 6.39 billion shares worth P1.47 billion.


                    [DatePublished] => 2006-05-23 00:00:00
                    [ColumnID] => 133272
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                    [ArticleID] => 318833
                    [Title] => Index climbs on continued gains by heavyweight PLDT
                    [Summary] => Share prices closed 0.19 percent higher yesterday as continued gains in index heavyweight Philippine Long Distance Telephone Co. (PLDT) allowed the market to push its recent modest advance, dealers said. 


They said the gains, however, were capped by profit-taking before the Lunar New Year holiday, when many fund managers are expected to be on vacation. 


The composite index rose 4.08 points to 2,121.89 after trading between 2,117.81 and 2,126.16. Volume was 2.59 billion shares worth P1.32 billion.


The all-shares index rose 4.22 points to 1,024.46. 


                    [DatePublished] => 2006-01-28 00:00:00
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                    [ArticleID] => 317357
                    [Title] => Index retreats 28.85 pts on across-the-board selling
                    [Summary] => Share prices closed 1.34 percent lower yesterday on across-the-board selling prompted by a fresh spike in oil prices and Wall Street’s losses overnight, dealers said.


Massive losses in Tokyo generally unsettled the region, with investors there anxious about a probe into Internet company Livedoor.


The composite index gave up 28.85 points to 2,125.45 after trading between 2,117.61 and 2,154.30. Turnover was 2.68 billion shares worth P2.34 billion, about of a third of which were sold in cross transactions.


The all-shares index fell 19.28 points to 999.76.


                    [DatePublished] => 2006-01-19 00:00:00
                    [ColumnID] => 133272
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                    [ArticleID] => 291931
                    [Title] => Market continues to drop as high oil prices dampen sentiment
                    [Summary] => Share prices closed 0.62 percent lower yesterday as investors sold shares in blue chips due to concerns that higher oil prices could weaken consumer demand and hurt profits, dealers said.


They said there were also concerns that the government may not fully implement a crucial expanded value-added tax (VAT) even if the tax, which has been suspended by the Supreme Court, should be finally upheld.


The composite index slipped 12.41 points to 1,993.58 after trading between 1,986.57 and 2,005.99. Volume amounted to 375.05 million shares worth P931.6 million.


                    [DatePublished] => 2005-08-17 00:00:00
                    [ColumnID] => 133272
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                    [ArticleID] => 289752
                    [Title] => Sustained interest in PLDT buoys share prices
                    [Summary] => Share prices closed 0.15 percent higher yesterday, driven mostly by sustained interest in Philippine Long Distance Telephone Co. (PLDT), dealers said. 


But for the second straight session, investors stayed largely on the sidelines owing to renewed political concerns following the filing of an impeachment complaint against President Arroyo, and as the market consolidates after rising to a five-week high last week, they said. 


The Philippine Stock Exchange (PSE) composite index added 3.05 points to the day’s high of 1,988.14. It traded at a low of 1,978.77. 


                    [DatePublished] => 2005-08-04 00:00:00
                    [ColumnID] => 133272
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                    [ArticleID] => 157638
                    [Title] => PLDT junks plan to sell Smart
                    [Summary] => Telecommunications giant Philippine Long Distance Telephone Co. (PLDT) has shelved plans to sell part of its stake in wireless subsidiary and group cash cow Smart Communications Inc.
                    [DatePublished] => 2002-04-18 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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RIVAL GLOBE TELECOM

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                    [ArticleID] => 338167
                    [Title] => Index edges up as market consolidates on bargain hunting
                    [Summary] => Share prices closed little changed yesterday as the market consolidated with some light bargain hunting in blue chips offset by declines in the broader market, dealers said. 


They said the market would consolidate, after recent volatility that saw the main index rising to its highest point in nearly seven years early this month, and then falling sharply last week to where it was before the rally. 


The composite index ended up 1.96 points at 2,357.98 after trading between 2,352.41 and 2,360.38, on volume of 6.39 billion shares worth P1.47 billion.


                    [DatePublished] => 2006-05-23 00:00:00
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                    [ArticleID] => 318833
                    [Title] => Index climbs on continued gains by heavyweight PLDT
                    [Summary] => Share prices closed 0.19 percent higher yesterday as continued gains in index heavyweight Philippine Long Distance Telephone Co. (PLDT) allowed the market to push its recent modest advance, dealers said. 


They said the gains, however, were capped by profit-taking before the Lunar New Year holiday, when many fund managers are expected to be on vacation. 


The composite index rose 4.08 points to 2,121.89 after trading between 2,117.81 and 2,126.16. Volume was 2.59 billion shares worth P1.32 billion.


The all-shares index rose 4.22 points to 1,024.46. 


                    [DatePublished] => 2006-01-28 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
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                    [ArticleID] => 317357
                    [Title] => Index retreats 28.85 pts on across-the-board selling
                    [Summary] => Share prices closed 1.34 percent lower yesterday on across-the-board selling prompted by a fresh spike in oil prices and Wall Street’s losses overnight, dealers said.


Massive losses in Tokyo generally unsettled the region, with investors there anxious about a probe into Internet company Livedoor.


The composite index gave up 28.85 points to 2,125.45 after trading between 2,117.61 and 2,154.30. Turnover was 2.68 billion shares worth P2.34 billion, about of a third of which were sold in cross transactions.


The all-shares index fell 19.28 points to 999.76.


                    [DatePublished] => 2006-01-19 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
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                    [ArticleID] => 291931
                    [Title] => Market continues to drop as high oil prices dampen sentiment
                    [Summary] => Share prices closed 0.62 percent lower yesterday as investors sold shares in blue chips due to concerns that higher oil prices could weaken consumer demand and hurt profits, dealers said.


They said there were also concerns that the government may not fully implement a crucial expanded value-added tax (VAT) even if the tax, which has been suspended by the Supreme Court, should be finally upheld.


The composite index slipped 12.41 points to 1,993.58 after trading between 1,986.57 and 2,005.99. Volume amounted to 375.05 million shares worth P931.6 million.


                    [DatePublished] => 2005-08-17 00:00:00
                    [ColumnID] => 133272
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                    [AuthorName] => 
                    [SectionName] => Business
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                    [URL] => 
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                (
                    [ArticleID] => 289752
                    [Title] => Sustained interest in PLDT buoys share prices
                    [Summary] => Share prices closed 0.15 percent higher yesterday, driven mostly by sustained interest in Philippine Long Distance Telephone Co. (PLDT), dealers said. 


But for the second straight session, investors stayed largely on the sidelines owing to renewed political concerns following the filing of an impeachment complaint against President Arroyo, and as the market consolidates after rising to a five-week high last week, they said. 


The Philippine Stock Exchange (PSE) composite index added 3.05 points to the day’s high of 1,988.14. It traded at a low of 1,978.77. 


                    [DatePublished] => 2005-08-04 00:00:00
                    [ColumnID] => 133272
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                    [ArticleID] => 157638
                    [Title] => PLDT junks plan to sell Smart
                    [Summary] => Telecommunications giant Philippine Long Distance Telephone Co. (PLDT) has shelved plans to sell part of its stake in wireless subsidiary and group cash cow Smart Communications Inc.
                    [DatePublished] => 2002-04-18 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
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abtest

Index edges up as market consolidates on bargain hunting

May 23, 2006 - 12:00am

Share prices closed little changed yesterday as the market consolidated with some light bargain hunting in blue chips offset by declines in the broader market, dealers said. They said the market would consolidate,...

Business

Index climbs on continued gains by heavyweight PLDT

January 28, 2006 - 12:00am

Share prices closed 0.19 percent higher yesterday as continued gains in index heavyweight Philippine Long Distance Telephone Co. (PLDT) allowed the market to push its recent modest advance, dealers said. They said...

Business

Index retreats 28.85 pts on across-the-board selling

January 19, 2006 - 12:00am

Share prices closed 1.34 percent lower yesterday on across-the-board selling prompted by a fresh spike in oil prices and Wall Street’s losses overnight, dealers said. Massive losses in Tokyo generally unsettled...

Business

Market continues to drop as high oil prices dampen sentiment

August 17, 2005 - 12:00am

Share prices closed 0.62 percent lower yesterday as investors sold shares in blue chips due to concerns that higher oil prices could weaken consumer demand and hurt profits, dealers said. They said there were also...

Business

Sustained interest in PLDT buoys share prices

August 4, 2005 - 12:00am

Share prices closed 0.15 percent higher yesterday, driven mostly by sustained interest in Philippine Long Distance Telephone Co. (PLDT), dealers said. But for the second straight session, investors stayed largely...

Business

PLDT junks plan to sell Smart

April 18, 2002 - 12:00am

Telecommunications giant Philippine Long Distance Telephone Co. (PLDT) has shelved plans to sell part of its stake in wireless subsidiary and group cash cow Smart Communications Inc.

Business