Arab Today, arab today philippine stocks regain momentum after heavy selling
Last Updated : GMT 15:33:38
Arab Today, arab today
Arab Today, arab today

Philippine stocks regain momentum after heavy selling

Arab Today, arab today

Arab Today, arab today Philippine stocks regain momentum after heavy selling

Manila - XINHUA

Investors participated in the Philippine stock market on Friday, five days after selling their positions, following positive developments in the United States. The bellwether Philippine Stock Exchange index gained 0.3 percent or 16.25 points to 5,369.72, while the broader all-share index added 0.35 percent or 12.27 points to 3,567.91. Trading volume reached 12.47 billion shares worth 27.48 billion pesos (662.15 million U.S. dollars) with 89 stocks advancing, 74 declining, and 34 were unchanged. Of the six counters, only the holding firm sector bucked the trend. \"The local barometer is already ripe for technical rallies, following correction to 5,350 level in prior tradings. Bargain hunters took advantage of the local market\'s \'cheap state\' to reposition on stocks which were battered previously,\" brokerage 2TradeAsia.com said. DBP-Daiwa Securities, Inc. said investors were inspired by the latest development in the U. S. jobless claims, which shrunk to its lowest level in more than four and a half years. The U.S. Labor Department reported on Thursday that less Americans filed for jobless benefits last week, the lowest in more than four and a half years. The brokerage said this latest development has trickled down to most emerging markets advanced, many of which ended the session in the positive on Friday. Another positive development that inspired investors to re- enter the equities after five days of heavy selling is the agreement between China and Japan that both countries will hold talks over territorial dispute. Stocks in the 30-company index closed mixed. Among the top lowers were SM Investments Corp. and Metrpolitan Bank and Trust Co.

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 regain momentum after heavy selling Arab Today, arab today philippine stocks regain momentum after heavy selling

 



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 regain momentum after heavy selling Arab Today, arab today philippine stocks regain momentum after heavy selling

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today EasyJet, Lufthansa among seven to bid

GMT 06:49 2017 Tuesday ,17 October

EasyJet, Lufthansa among seven to bid
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 Fighters celebrate Raqa victory

GMT 06:07 2017 Wednesday ,18 October

Fighters celebrate Raqa victory
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 British actress becomes fifth woman

GMT 18:15 2017 Monday ,16 October

British actress becomes fifth woman
Arab Today, arab today Three killed, 360,000 without power

GMT 05:11 2017 Tuesday ,17 October

Three killed, 360,000 without power
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 Dalal Abdel Aziz happy for “Seventh Neighbor”

GMT 09:31 2017 Monday ,16 October

Dalal Abdel Aziz happy for “Seventh Neighbor”
Arab Today, arab today India to close colonial-era military farms

GMT 18:49 2017 Monday ,16 October

India to close colonial-era military farms

GMT 12:33 2017 Friday ,13 October

Anoshka happy for reactions to her talk show

GMT 10:37 2017 Thursday ,12 October

Cara Delevingne accuses Weinstein

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 12:02 2017 Saturday ,14 October

Conservation cutbacks put Brazil's

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 07:02 2017 Sunday ,15 October

German minister sparks uproar

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 03:59 2017 Sunday ,15 October

US mobile carriers Sprint, T-Mobile to merge

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
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