PH stocks start fourth quarter trading in the red

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Stocks started the fourth-quarter trading in the red as investors await the release of key economic data including the September

The main composite index slipped 16.71 points, or 0.26 percent, to close at 6,304.53, while the broader all-shares index lost 1.71 points, or 0.05 percent, to settle at 3,399.12.

“The Philippine shares were traded quietly to start the last quarter of the year as the country gears up for a fresh batch of data,” Reginal Capital Development Corp. head of sales Luis Limlingan said. The Bangko Sentral ng Pilipinas expects inflation to continue its upward trend in September from 5.3 percent in August on higher fuel prices and peso deprecation against the US dollar.The British government is asking more companies to join the Net Zero Carbon Alliance to achieve net zero emissions....TOKYO—Confidence among Japan’s largest manufacturers rose as business conditions improved for the second-straight quarter, a key survey showed Monday. The...

Manila Standard website , launched in August 2002, extends the newspaper’s reach beyond its traditional readers and makes its brand of Philippine news and opinion available to a much wider and geographically diverse readership here and overseas.In tone and content, the online edition mirrors the editorial thrust of the newspaper. While hewing to the traditional precepts of fairness and objectivity, MS believes the news of the day need not be staid, overly long or dry.

 

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