• Overnight Market Snapshot – October 17, 2013

    Overnight Market Snapshot – October 17, 2013

    The US equities markets (DJIA +1.36%, S&P 500 +1.38%, Nasdaq +1.20) rallied sharply last night on news that the Senate has already crafted a deal to end the US government shutdown and raise the country’s debt ceiling. Philippine-related shares like the EPHE (+0.86%) and PHI (+0.17%) were also positive. Risk-on mode from last night may

  • Overnight Market Snapshot – October 11, 2013

    Overnight Market Snapshot – October 11, 2013

    The overnight markets surged on news that the US is closer to a deal in raising their debt limit. Risk-on mode led the equities markets (DJIA +2.18%, S&P 500 + 2.18%, Nasdaq +2.26%) to rise. Emerging market shares like the iShares MSCI Philippines Index ETF (EPHE +4.42%) and the Philippine Long Distance Company ADRs (PHI

  • Overnight Market Snapshot – September 19, 2013

    Overnight Market Snapshot – September 19, 2013

    BREAKING. The US equities markets (DJIA + 0.95%, S&P 500 +1.22%, Nasdaq +1.01%) along with emerging market shares like the iShares MSCI Philippines Index ETF (EPHE +7.20%) and Philippine Long Distance Company ADRs (PHI +3.74%) jumped as the US Fed surprises with no taper. Risk-on attitude will likely spill over in today’s trading in the

  • Overnight Market Snapshot – August 28, 2013

    Overnight Market Snapshot – August 28, 2013

    BREAKING: Philippine shares went on a free fall in last night’s trading. The iShares MSCI Philippines Index ETF which tracks the MSCI Philippines Index and a leading indicator of the Philippine Stock Exchange Index or the PSEi fell by 8.00%. ADRs of the Philippine Long Distance Company also went on a nosedive by falling 8.96%.