The local stock market followed the previous day’s jump with a stronger rally just before the MSCI rebalancing and over optimism fueled by the fiscal stimulus bill. The PSEi surged 323.90 points or 5.11 percent to close at 6,665.14 as all sectors advanced. Volume of trades also spiked, rising to...
The Philippine stock market jumped on the passage of the pandemic relief law and the start of month’s end window-dressing. The main index surged 144.53 points or 2.33 percent to close at 6,341.24 as share prices rose across the board. Volume also spike to 1.26 billion shares worth P13.09 billion...
The local stock market bounced as investors took their cues from gains in overseas markets. The main index rose 31.82 points or 0.52 percent to close at 6,196.71 although sectoral indices were evenly mixed. Advancers were led by blue-chip Holding Firms while miners were the biggest decliners....
The PSEi managed to start the week in the green, thanks to late buying that allowed it to recover from early losses. The main index inched up 14.22 points or 0.23 percent to close at 6,283.58 with only the Financials and Holding Firms counters retreating. Volume was weak with 2.3 billion shares...
The Philippine stock market dropped further on concern that the April inflation rate remained high. The main index fell 59.46 points or 0.94 percent to close at 6,299.69 with only the Mining and Oil counter advancing. Photo credit: https://www.pse.com.ph Volume also fell, down to 4.15...
The local stock market lost a little more ground as investors continue to wait for more market moving news. The PSEi shed 10.13 points or 0.16 percent to close at 6,359.15 with only the Financials counter managing to close in the green. Volume remained anemic at 3.19 billion shares worth P4.63...
The local stock market ended flat after investors immediately pocketed early gains. The main index was 1.59 percent or 0.03 percent lower at 6,369.28 with sectoral indices evenly mixed. Volume was low at 3.03 billion shares worth P4.39 billion as losers beat gainers 111 to 83 with 56...
The local stock market managed to post some gains despite the extension of quarantine measures in the capital region. PSE file photo The main index inched up by 18.37 points or 0.28 percent to close at 6,487.51 with only the Holding Firms counter giving way to profit-taking. However,...
Local stocks weakened Tuesday, (April 27) amid indication that current lockdown measures will not be eased at the end of the month as COVID cases remain high. The Philippine Stock Exchange index (PSEi) dropped 32.92 points or 0.52 percent to close at 6,356.47 with only the Mining and Oil counter...
The stock market’s performance this week is seen to largely hinge on signs indicating if the government will decide to ease or extend existing quarantine measures as the number of new COVID-19 cases seems to have eased but still remained high. “Investors are expected to look towards the...
The local stock market dropped further as investors seek better opportunities in countries that are better at handling the pandemic. Photo credit: PSE file. The PSEi shed 23.86 points or 0.37 percent to close at 6,415.53 as all sub-indices fell across the board. Volume remained anemic...
Local share prices weakened as new COVID cases remain high while the death rate is rising. The main index shed 26.53 points or 0.41 percent to close at 6,518.64 with only the Financials counter inching up. A total of 2.43 billion shares worth P5.97 billion changed hands as losers beat gainers 120...
