
The bullish movement in the stock market is gaining speed, and Bitcoin ETFs are closer than they might seem. What do we need to know for the next trading week?
On Friday, Philippines stocks went down after the close because losses in the Holding Firms, Services as well as Banking & Financials sectors suppressed stocks.
The PSEi Composite headed south 1.64%.
On the PSEi Composite the best performers were represented by such benchmarks as First Gen Corp, Alliance Global Group Inc and Metropolitan Bank and Trust Co. They rallied respectively 1.81%, 0.38% and 0.33%.
Meanwhile, the worst performance was demonstrated by Bank of the Philippine Islands, Aboitiz Power Corp and Aboitiz Equity Ventures Inc. They inched down respectively 4.16%, 4.14% and 4.00%.
Diving equities supplanted growing ones on the Philippines Stock Exchange by 107 to 77, while 59 were intact.
The currency pair CNY/PHP headed south 0.62% being worth 7.7207, USD/PHP inched down 0.47% trading at 51.180.
The US Dollar Index Futures gained 0.10% showing an outcome of 94.71.
Meanwhile, December delivery gold futures lost 0.11% trading at $1276.74 a troy ounce.
The bullish movement in the stock market is gaining speed, and Bitcoin ETFs are closer than they might seem. What do we need to know for the next trading week?
On Wednesday, September 22, Microsoft will be holding a product launch. The event starts at 18:00 GTM + 3.
Every year in early autumn Apple holds its event where it presents new iPhones, Apple Watches, and iPads. This year wasn’t an exclusion. But yesterday’s presentation didn’t result in Apple stock growth, and here’s why.
The Australian Bureau of Statistics will announce the updated Unemployment Rate and Employment Change data on Thursday, May 19, at 04:30 MT.
The UK Office for National Statistics will publish Consumer Price Index (CPI) data on Wednesday, May 18, at 09:00 MT.
The US Census Bureau will announce Core Retail Sales and Retail Sales on Tuesday, May 17 at 15:30 MT.
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