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Philippines - Market factors to watch on Sept 24
September 24, 2012 / 12:35 AM / 5 years ago

Philippines - Market factors to watch on Sept 24

MANILA, Sept 24 (Reuters) - Following is company-related and
market news which could have an impact on the local market.
 
 -------------------- MARKET SNAPSHOT @ 0004 GMT -------------
                     INSTRUMENT   LAST       PCT CHG   NET CHG 
 S&P 500                   1460.15     -0.01    -0.110 
 USD/JPY                   78.06       -0.13    -0.100 
 10-YR US TSY YLD     1.7562         --     0.002 
 SPOT GOLD                 1769.75     -0.71   -12.670 
 US CRUDE                  92.78       -0.12    -0.110 
 DOW JONES                 13579.47    -0.13    -17.46 
 ASIA ADRS                122.45       0.11      0.14 
 -------------------------------------------------------------
    
    GLOBAL MARKETS-US shares end flat as Spain factor fades; oil
up 
    SE Asia Stocks-Most up slightly; Malaysia underperforms
    
    
    WHAT IS HAPPENING TODAY IN THE PHILIPPINES
    - Philippine Estates Corp holds annual
stockholders' meeting, 6/F One Corporate Center, Dona Julia
Vargas Avenue corner Meralco Avenue, Ortigas, Pasig City, 3:30
p.m. [0700 GMT]
    - Tanduay Holdings Inc holds special stockholders'
meeting, Kachina Room, Century Park Hotel, Malate, Manila, 10:00
a.m. [0200 GMT]
    - Energy Secretary Jose Rene Almendras leads Ceremonial
Switch On and Turnover of LED Traffic Lights in 159 Metro Manila
intersections, Grand Ballroom of InterContinental Hotel Manila,
2:00 p.m. [0600 GMT]
    
    MARKET NEWS 
> Nikkei dips in early trade, global growth a concern    
> Wall St ends flat despite Spain hope, S&P off for week 
> TREASURIES-Long-dated bond prices slip on Spain talk  
> Euro sulks after negative week, Spain still eyed     
> Gold holds gains after early rally toward 2012 high  
> Oil rises for second day as supply concerns mount     
    
    REUTERS NEWS - PHILIPPINES
> Philippine mining at policy crossroads        
> Philippines close to landmark peace deal      
> US allots 2013 sugar import quotas            
> Philex falls 6 pct on dim profit outlook      
> China seeks to reassure SEAsia on sea dispute 
    
    ASIA-PACIFIC STOCK MARKETS
    S.Korea       China      Hong Kong    
    Taiwan       India       Australia/NZ 
     
    OTHER MARKETS
    Currency      Eurostocks      JP bonds  
    ADR Report    LME metals  
         
    STOCKS NEWS
    US 
    Europe 
    Asia   
    
    DIARIES & DATA: 
    Philippines diary   
    U.S. earnings diary     
    European diary      
    Asia Macro         
        
    TOP NEWS
    Front Page         Asian companies 
    U.S. company News European companies 
    Forex news          Global Economy 
    Tech, Media and Telecoms 
    Financials          General/political 
    A multimedia version of Reuters Top News is available at: 
    topnews.session.rservices.com

 (Reporting by Manila Newsroom; Editing by Edwina Gibbs)

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