Stocks down on profit taking after two-day climb - BusinessWorld Online

Profit-taking pulls down PSEi

MANILA, Philippines — Profit-takers dragged the local bourse on Wednesday, shrugging off the overnight  Wall Street rally, after the market’s two-session rally. By the closing bell, the benchmark Philippine Stock Exchange Index (PSEi) lost 0.23 percent, or 15.01 points, to end at 6,551.81.The broader All Shares Index likewise shed 0.17 percent, or 6.45 points, to

Stocks down on profit taking after two-day climb - BusinessWorld Online

PHILIPPINE STOCKS slipped on Wednesday as investors booked profits from the market’s two-day climb and monitored the release of corporate results. The Philippine Stock Exchange index (PSEi) inched down by 0.22% or 15.01 points to close at 6,551.81, while the broader all shares index declined by 0.16% or 6.45 points to 3,798.88. “The PSEi closed in the negative this Wednesday. The local market declined as investors decided to take profits followi…

While the biggest rise of this year was recorded on Monday, a big decline was seen on Tuesday. Share Market Update (Aaj Samaj), Business Desk: Last week, due to tension between India and Pakistan, the Indian stock market registered a decline. On Saturday evening, a ceasefire was declared. After this, on Monday, during the first trading day, the Indian stock market closed with a gain of about three thousand points. This was the biggest rise of th…

[New York Joint] The Dow Jones Industrial Average on the New York Stock Exchange fell on the 13th, closing at $42,140.43, down $269.67 from the previous day. As concerns over trade friction between the U.S. and China subsided, the index rose above $1,100 the previous day, leading to a backlash from the market.

Mumbai: After Monday's big rally, profit booking led to a sharp decline in the Indian stock market indices on Tuesday. At the end of today's trade, the BSE Sensex fell by 1,281.68 points, or 1.55 percent, to 81,148.22 and the Nifty closed down by 346.35 points, or 1.39 percent, to 24,578.35. Vinod Nair of Geojit Investments Limited said that after Monday's big rally, profit booking was seen in the market today. There is some relief due to the re…

Stock Market: Sensex, Nifty end lower | DH Latest News, DH NEWS, Latest News, NEWS, Business , stock markets, equity benchmark indices, stock exchange, Indian Share Market, Equity markets, stock market, National Stock Exchange (NSE), Indian stock markets,

Mumbai: Indian equity markets settled lower on Tuesday amid concerns around further escalation in the India-Pakistan conflict and impact of US-China trade talks.  The benchmark BSE Sensex fell 1,281.68 points, or 1.5 per cent, to close at 81,148.22 levels. The NSE Nifty50 closed at 24,578.35, down by 346.35 points, or 1.39 per cent. However, the broader markets settled in green defying the benchmarks. The BSE Midcap settled 0.17 per cent higher …