Arab Today, arab today philippine stocks close marginally down focus on us fed meeting
Last Updated : GMT 15:16:44
Arab Today, arab today
Arab Today, arab today

Philippine stocks close marginally down, focus on US Fed meeting

Arab Today, arab today

Arab Today, arab today Philippine stocks close marginally down, focus on US Fed meeting

Manila - XINHUA

The Philippine stock market closed marginally lower Wednesday as investors await the U.S. Federal Reserve\'s decision on Thursday. The bellwether Philippine Stock Exchange index lost 0.09 percent or 5.57 points to 6,513.20. The broader all-share index declined by 0.23 percent or 9.30 points to 4,022.12. Trading volume reached 1.96 billion shares worth 7.70 billion pesos (178.36 million U.S. dollars), with 72 stocks advancing, 80 declining, and 35 unchanged. Of the six counters, only two managed to close higher. These were the financials and the holding firm sectors. \"The surge of buyers that marked the last three sessions tapered off a day ahead of the crucial Federal Reserve meeting -- the fulcrum of global equity markets\' fate,\" analyst Justino Calaycay of Accord Capital Equities Corp. said in his daily stock market comment. Calaycay said once the issue has been settled, investors can start to consider other key factors including fundamental valuations and portfolio management strategies. \"After nearly a month of speculating that has sent shock waves across global equity markets, some clarity is expected to rise from the woodwork. The best case for the Fed is to leave the stimulus at current pace while indicating to the market that the options remain open in light of the marked improvements in the broad economy,\" he said. Stocks in the 30-company index closed mixed. Ayala Corp. and SM Investments Corp. closed higher, while index heavyweight PHilippine Long Distance Telephone Co. extended its decline.

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 stocks close marginally down focus on us fed meeting Arab Today, arab today philippine stocks close marginally down focus on us fed meeting

 



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 stocks close marginally down focus on us fed meeting Arab Today, arab today philippine stocks close marginally down focus on us fed meeting

 



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 Barcelona through George Orwell’s eyes

GMT 13:44 2017 Friday ,20 October

Barcelona through George Orwell’s eyes
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 Tillerson heads to Gulf, downbeat

GMT 09:23 2017 Friday ,20 October

Tillerson heads to Gulf, downbeat
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 Sweden to get biggest car factory

GMT 14:10 2017 Friday ,20 October

Sweden to get biggest car factory
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 Actress Shery Adel happy for Egypt’s qualification

GMT 08:57 2017 Wednesday ,18 October

Actress Shery Adel happy for Egypt’s qualification
Arab Today, arab today Climate-disrupting volcanoes helped topple

GMT 16:00 2017 Wednesday ,18 October

Climate-disrupting volcanoes helped topple

GMT 07:47 2017 Tuesday ,17 October

Hussein Fahmy happy for honoring in festival

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 06:43 2017 Wednesday ,18 October

Fake dentists ply brisk trade

GMT 06:49 2017 Tuesday ,17 October

EasyJet, Lufthansa among seven to bid

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