Arab Today, arab today philippine bourse tumbles on profittaking
Last Updated : GMT 00:06:52
Arab Today, arab today
Arab Today, arab today

Philippine bourse tumbles on profit-taking

Arab Today, arab today

Arab Today, arab today Philippine bourse tumbles on profit-taking

Manila - XINHUA

Profit-taking due to overseas concerns pulled down the Philippine stock market on Monday. The bellwether Philippine Stock Exchange index lost 0.27 percent, or 17.47 points, to 6,407.52, while the broader all-share index slid by 0.23 percent, or 8.78 points, to 3,857.88. Trading volume reached 1.22 billion shares worth 7.74 billion pesos (173.49 million U.S. dollars) with 84 stocks declining, 74 advancing, and 55 were unchanged. Of the six counters, only the holding firm and the mining and oil sectors bucked the trend. "Trades started off on a relatively weaker footing dragged by a region-wide slide. A fair advance in U.S. equities on Friday was trumped by mixed results from China's manufacturing and services sectors," analyst Justino Calaycay of Accord Capital Equities Corp. said in his daily stock market comment. Given these developments, Calaycay said investors opted to liquidate winning positions snapping a three-session run although the bulls managed to fight back to trim down Monday's losses to just 17 points. The composite index in fact went to as low as 6,370.76 before recovering some of its losses to close at the 6,400 level. "The immediate recovery off the day's low is indicative of investors' outlook for earnings which continues to trickle in the days ahead," Calaycay said. Stocks in the 30-company index were mostly down. These include Ayala Land, Inc., Alliance Global Group, Inc., and Ayala Corp

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 bourse tumbles on profittaking Arab Today, arab today philippine bourse tumbles on profittaking

 



Arab Today, arab today
Arab Today, arab today Jordan airline suggests flyers 'talk'

GMT 11:59 2017 Friday ,24 March

Jordan airline suggests flyers 'talk'
Arab Today, arab today Sheds light on major steps in 12-year career

GMT 06:07 2017 Monday ,27 February

Sheds light on major steps in 12-year career
Arab Today, arab today Dozens dead in US-led Syria strikes

GMT 08:35 2017 Thursday ,23 March

Dozens dead in US-led Syria strikes
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Yemen children dream of school

GMT 07:25 2017 Friday ,24 March

Yemen children dream of school
Arab Today, arab today MP submits a petition to dismiss university head

GMT 06:21 2017 Friday ,24 March

MP submits a petition to dismiss university head
Arab Today, arab today Salvage of South Korea's Sewol ferry

GMT 04:51 2017 Friday ,24 March

Salvage of South Korea's Sewol ferry
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Audi RS 5 Coupe acquires new design

GMT 13:22 2017 Thursday ,23 March

Audi RS 5 Coupe acquires new design
Arab Today, arab today Renault Trezor wins design award

GMT 11:56 2017 Tuesday ,21 March

Renault Trezor wins design award
Arab Today, arab today Merna Waleed praises her work with Soad Hosni

GMT 07:03 2017 Wednesday ,22 March

Merna Waleed praises her work with Soad Hosni
Arab Today, arab today 2017 already marked

GMT 15:25 2017 Tuesday ,21 March

2017 already marked

GMT 07:12 2017 Tuesday ,21 March

Donia Abdel Aziz participates in "Game of Silence"

GMT 22:00 2017 Thursday ,23 March

Number of unwedded girls amounts to 2.5m

GMT 10:34 2017 Tuesday ,21 March

Mexico threatens to ditch US corn imports

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"

GMT 07:38 2017 Friday ,24 March

Pass health bill Friday or he'll move on

GMT 07:36 2017 Wednesday ,22 March

US, Britain ban laptops on flights

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
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