Stocks rise ahead of new lunar year

  • 📰 manilabulletin
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Switzerland Nachrichten Nachrichten

Switzerland Neuesten Nachrichten,Switzerland Schlagzeilen

The local stock market started the week strong on news of easing quarantine restrictions although gains were reduced by late profit-taking.

The main index added 44.04 points or 0.61 percent to close at 7,296.01 with the Property sector leading the advance across the board. Volume dipped to 1.28 billion shares worth P7.42 billion aa gainers beat losers 123 to 77 with 40 unchanged.“Philippine shares were bought up to end the first month of 2022 as investors became optimistic over developments locally and abroad,” said Regina Capital Development Corporation Managing Director Luis Limlingan.

Philstocks Financial Senior Supervisor for Research Japhet Tantiangco said “The local bourse rallied as the downgrade of Alert Level Status to 2 in selected areas of the country including the National Capital Region fueled optimism.“ “Investors cheered the easing of restrictions in the selected areas, primarily in Metro Manila, since this is expected to lead to more economic activities which in turn would help in sustaining our recovery momentum,” he noted.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 25. in CH
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Earnings, alert level, Fed to weight on PH stocksThe local stock market is seen to be swayed by corporate earnings reports, the government’s decision on whether to ease quarantine restrictions, as well as lingering concern over US interest rates.
Herkunft: manilabulletin - 🏆 25. / 51 Weiterlesen »

Investors await cues from PSEi rejig, company earningsThe benchmark Philippine Stock Exchange index (PSEi) will remain range-bound as investors place bets ahead of the upcoming earnings season.
Herkunft: inquirerdotnet - 🏆 3. / 86 Weiterlesen »