Arab Today, arab today philippine stock market rallies monday on bargain hunting
Last Updated : GMT 01:44:06
Arab Today, arab today
Arab Today, arab today

Philippine stock market rallies Monday on bargain hunting

Arab Today, arab today

Arab Today, arab today Philippine stock market rallies Monday on bargain hunting

Manila - XINHUA

The Philippine stock market rallied along with the rest of the emerging equities as bargain hunters continue to buy stocks. The bellwether Philippine Stock Exchange index gained 0.95 percent or 61.34 points to 6,526.62, while the broader all-share index rose by 1 percent or 39.22 points to 3,971.26. Trading volume reached 1.07 billion shares worth 6.60 billion pesos (153.13 million U.S. dollars) with 112 stocks advancing, 53 declining, and 40 unchanged. All six counters were up. \"Local share prices got a lift from bargain hunters, overcoming a soft start and pushing the index higher for a fourth straight session,\" analyst Justino Calaycay of Accord Capital Equities Corp. said in his daily stock market comment. Despite Monday\'s rally, however, Calaycay said investors\' confidence is still \"hanging in the balance\" although the 3-day rally might rekindle some optimism. \"Investors will always be on the prowl for bargains that were opened and have remained unrecognized or ignored as the market waited for risks to dissipate,\" he said. At present, Calaycay said concerns have temporarily shifted to China after manufacturing data grew at its slowest pace in four months as credit flow was squeezed. This, he said, raises concerns on the overall economic growth rate for the world\'s second largest economy and puts downward pressure on commodity prices, as China accounts for a bulk of demand for metals, copper and other commodities and minerals. Stocks in the 30-company index were mostly up. These issues include SM Investments Corp., Ayala Corp., and SM Prime Holdings, Inc.  

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today philippine stock market rallies monday on bargain hunting Arab Today, arab today philippine stock market rallies monday on bargain hunting

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today philippine stock market rallies monday on bargain hunting Arab Today, arab today philippine stock market rallies monday on bargain hunting

 



Arab Today, arab today
Arab Today, arab today Arab tradition glitters in Colombia

GMT 12:59 2017 Thursday ,19 October

Arab tradition glitters in Colombia
Arab Today, arab today Second US judge orders freeze

GMT 08:04 2017 Thursday ,19 October

Second US judge orders freeze
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Silent Republicans have their reasons

GMT 16:55 2017 Thursday ,19 October

Silent Republicans have their reasons
Arab Today, arab today Hiring not part of Alibaba pledge

GMT 11:26 2017 Wednesday ,18 October

Hiring not part of Alibaba pledge
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Sidem reveals plan to improve education

GMT 15:52 2017 Friday ,06 October

Sidem reveals plan to improve education
Arab Today, arab today Ex-French minister Dati wants tough action

GMT 10:54 2017 Thursday ,19 October

Ex-French minister Dati wants tough action
Arab Today, arab today Massacre fears spark race

GMT 19:09 2017 Thursday ,19 October

Massacre fears spark race
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Mercedes says recalls 400,000 UK cars

GMT 06:56 2017 Tuesday ,17 October

Mercedes says recalls 400,000 UK cars
Arab Today, arab today Britain's Vauxhall to cut 400 jobs

GMT 10:53 2017 Sunday ,15 October

Britain's Vauxhall to cut 400 jobs
Arab Today, arab today Hussein Fahmy happy for honoring in festival

GMT 07:47 2017 Tuesday ,17 October

Hussein Fahmy happy for honoring in festival
Arab Today, arab today Climate-disrupting volcanoes helped topple

GMT 16:00 2017 Wednesday ,18 October

Climate-disrupting volcanoes helped topple

GMT 09:31 2017 Monday ,16 October

Dalal Abdel Aziz happy for “Seventh Neighbor”

GMT 18:15 2017 Monday ,16 October

British actress becomes fifth woman

GMT 18:29 2017 Sunday ,03 September

Designer produced new set of ornaments

GMT 05:11 2017 Tuesday ,17 October

Three killed, 360,000 without power

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 23:42 2017 Monday ,16 October

Better Marriages Make

GMT 06:52 2017 Monday ,16 October

Airbus CEO says won't cling to job

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 20:46 2017 Thursday ,19 October

Qualcomm files lawsuits in China to ban iPhones

GMT 19:29 2017 Tuesday ,29 August

Yomna: decoration leaved positive effects
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday