{
  "id": 926478,
  "title": "Shares bounce back on bargain hunting",
  "url": "https://urgent.news/2026/08/14/shares-bounce-back-on-bargain-hunting",
  "topic": "business",
  "section": "Business",
  "published": "2026-08-14T16:00:00.000Z",
  "source": {
    "name": "Philippine Star Business",
    "slug": "philippine-star-business",
    "url": "https://www.philstar.com/business/2026/08/15/2549288/shares-bounce-back-bargain-hunting"
  },
  "original_language": "en",
  "account": "MANILA, Philippines — The Philippine stock market ended the week in positive territory following bargain hunting by investors. The key Philippine Stock Exchange index climbed 0.14 percent to 6,297.30 points. The broader All Shares index edged up 0.06 percent to 3,439.17 points. Luis Limlingan of Regina Capital explained that the market rebounded as traders bought shares at a discount after yesterday's drop. He noted that market sentiment remained cautious as investors awaited corporate earnings reports to gauge their impact on stock valuations. Philistocks Financial attributed the market's rise to positive cues from Wall Street, citing favorable US inflation data that suggested a less aggressive Federal Reserve stance. The strong second and first half corporate results of several companies also boosted investor confidence yesterday. Sectors showed mixed performance, with services leading the gains at 1.19 percent, while mining and oil suffered the steepest loss at 2.12 percent. Advancing stocks outnumbered decliners 113 to 92, and 52 stocks remained unchanged. First Gen topped the list of actively traded stocks, jumping 9.64 percent to P30.70 per share. Other notable movers were PLDT, down 4.49 percent to P1,170, and ICTSI, which rose 1.76 percent to P982.",
  "summary": "The local stock market rebounded to close the week in the positive territory as investors went into bargain-hunting mode.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}