Despite easing restrictions, the economy has not yet fully returned to its investment-led growth orientation seen before the pandemic struck, the Department of Finance (DOF) said on Sunday, April 16. Finance Chief Economist Gil S. Beltran said that capital formation as a percentage of real economy,...
The PSEi bounced back on the last trading day before Easter as investors picked up cheaper stocks following losses in previous sessions. The main index rose 89.54 points or 1.3 percent to close at 6,984.90 as the Industrial sector led all indices higher. Volume dipped to 1.42 billion shares worth...
The local stock market dropped further due to lack of fresh leads and with the approaching Lenten break. The main index lost 92.93 points or 1.33 percent to close at 6,895.36 with the Industrial and Services sectors leading the retreat across the board. Volume improved but remained thin at 1.5...
BAGUIO CITY – All roads lead to Summer Capital as more than 80,000 travel registrations of tourists have been approved just for the Holy Week break alone, and the number is expected to increase further in the days to come. Burnham Lake. (Photo courtesy of Rizaldy Comanda) City tourism officer...
The local stock market bounced from the previous day’s steep drop as investors picked up bargains. The main index jumped 91.99 points or 1.33 percent to close at 7,018.02 as the Services sector led the rally across the board. However, volume dropped to 660 million shares worth P4.02 billion as...
The local stock market fell sharply with the PSEi breaching the 7,000 level due to fears of monetary policy tightening in the US. The main index plunged 183.23 points or 2.58 percent to close at 6,926.03 as share prices fell across the board led by the the Property sector. Volume rose to 920...
The local stock market weakened further, following the decline in US bourses. The main index dropped 46.81 points or 0.65 percent to close at 7,109.26 as Holding Firms led the retreat of all indices. Volume improved but was still thin at 11.53 billion shares worth P4.98 billion as losers beat...
The local stock market dropped after the announcement of higher-expected inflation but managed to recover most of its losses at the end of the day. The main index shed 7.14 points or 0.10 percent to close at 7,156.07 as the Property sector led the retreat although Banks and Mining firms advanced....
The PSEi ended in the green after trading weaker earlier in the session as investors digest positive economic news while waiting for Tuesday’s inflation rate announcement. The main index inched up 10.33 points or 0.14 percent to close at 7,163.21 as the Mining and Oil sector led the advance with...
The PSEi declined at the end of a volatile week due to renewed concerns over Russia’s invasion of Ukraine and its conflict with the West. The main index dropped 50.59 points or 0.70 percent to close at 7,152.88 as the Holding Firms counter led the retreat of all sectors. Volume weakened to 15.2...
The local stock market continued to gain as share prices were buoyed by quarter-end window dressing. The main index rose 36.45 points or 0.51 percent to close at 7,203.47 with Holding Firms leading the advance. Volume improved to 1.49 billion shares worth P7.81 billion as gainers outnumbered losers...
The local stock market rose on encouraging news on peace talks between Russia and Ukraine which led to a decline in oil prices. The main index added 51.93 points or 0.73 percent to close at 7,167.02 as the Services sector led the advance of all sub indices. Volume improved but was still low at 719...
