The PSEi resumed its downward trend after a short respite as investors continue to worry about the local and global economies. However, the main index managed to recover most of its early losses and ended with only 11.03 points lower or 0.16 percent to close at 6,758.59 as the Services sector led...
Local mezzanine investor ARQCapital Partners (ARQ) is pushing “smart capital” investments in the private and alternative lending space to support medium enterprises (MEs). Edmund M. Solilapsi, ARQ founding partner and chief executive officer said Wednesday, June 8, that the company plans to...
The local stock market inched up some more as investors picked up bargains amid an improvement in global markets. The main index added 15.61 points or 0.23 percent to close at 6,769.62 as sectoral indices were evenly mixed. Volume remained thin at 745 million shares worth P5.37 billion as gainers...
The local stock market bounced on Wall Street’s lead despite the announcement that inflation rate rose further in May. The main index rose 37.13 points or 0.55 percent to close at 6,754.01 as the Mining and Oil sector led all counters in the advance. Volume remained weak though at 877 million...
The local stock market started the week lower as investors continue to worry about inflation and interest rates. The main index shed 24.52 points or 0.36 percent to close at 6,716.88 as only the Property counter advancing while the Mining and Oil sector led the retreat. A total of 1.88 billion...
All 16 cities and the only municipality in the National Capital Region (NCR) are still under the coronavirus Alert Level 1 after the Inter-agency Task Force (IATF) for the Management of Emerging Infectious Diseases clarified the list of areas in the said risk level classification. (ALI VICOY /...
The local stock market closed higher after a weak start as investors started picking up bargains before the week ended. The main index rose 54.57 points or 0.82 percent to close at 6,741.40 as the Mining and Oil sector led in the advance across the board. However, volume dropped further to 1.09...
The local stock market declined as investors continue to worry over the global economy. The main index shed 25.38 points or 0.38 percent to close at 6,686.83 although only the Banks and Industrial counters retreated while the Mining and Oil sector led advancers. Volume weakened further to 852...
The local stock market dropped further on concern over the impact of rising inflation and interest rates. The main index lost 62.47 points or 0.92 percent to close at 6,712.21 as Banks led the decline although Mining and Property stocks managed to advance. Volume fell to 659 million shares worth...
The local stock market rose for the second day as investors continued to pick up bargains amid positive remittance data. The main index was up 92.54 points or 1.42 percent to close at 6,594.66 as Holding Firms led the advance while the Services counter was the only one that retreated. Volume dipped...
GT Capital Holdings, Inc. reported an 18 percent growth in core net income to P4.0 billion in the first quarter of 2022 from P3.4 billion during the same period last year largely propelled its bank and car companies' stronger earnings. In a disclosure to the Philippine Stock Exchange, the...
The local stock market bounced from its five-day losing streak on the back of gains in US bourses. The main index jumped 122.95 points or 1.93 percent to close at 6,502.12 with the Property sector registering the biggest gain as all counters advanced. A total of 678 million shares worth P8.06...
