The local stock market fell as investors cashed out ahead of the long weekend. The main index dropped 103.03 points or 1.44 percent to close at 7,054.70 as the Services and Property counters led the decline across the board. 42281 Volume was steady at 1.12 billion shares worth P7.7 billion as...
The local stock market dropped on more profit-taking as investors wait for developments here and from overseas. The main index fell 72.42 points or 1.00 percent to close at 7,157.73 as the Property and Mining and Oil counters fell with only the Services sector rising. 42016 Volume was slightly...
The retail tranche of the P4.5 billion billion initial public offering AllDay Marts Inc. was 1.62 times oversubscribed, requiring the underwriter PNB Capital and Investment Corporation to refund subscriptions that could not be accommodated. “The overwhelming demand from the Local Small Investors...
Citing the continued downtrend in new coronavirus disease (COVID-19) cases, Presidential Adviser for Entrepreneurship Joey Concepcion has pushed for the further lowering of alert level in the National Capital Region (NCR). (Ali Vicoy/ File Photo/ MANILA BULLETIN) “Business establishments are...
The PSEi dipped on foreign selling of some index heavyweights as funds were moved to the US. The main index declined 21.95 points or 0.30 points to close at 7,239.15 although sectoral indices were evenly mixed with Holding Firms leading the retreat while the Industrial counter posted the highest...
The local stock market bounced back on late bargain hunting as investors wait for more news. The main index gained 40.56 points or 0.56 percent to close at 7,252.10 as the Services and Industrial counters led the advance while the Property sector was the sole decliner. PSE_NEW Volume improved but...
The local stock market started the weak on a sour note as share prices dropped on concerns over US corporate earnings and inflation. The main index fell 78.07 points or 1.07 percent to close at 7,211.54 as Property and Holding Firms led the retreat while Banks and Services counters held their...
The local stock market took a breather from its rally that started last week as some investors cashed out for the weekend. The main index shed 22.11 points or 0.30 percent to close at 7,289.61 with the Industrial sector leading the retreat although the Financials and Services counters managed to...
The PSEi continued to rally and has breached 7,300 level, as stocks were buoyed by positive developments locally and in the US. The main index gained 14.64 points or 0.20 percent to close at 7,311.72 although sectoral indices were evenly mixed with the Mining and Oil and Holding Firms counters...
Shoppers flock along Ylaya in Divisoria Market on Oct. 17, 2021 as the Metro Manila eases to Alert Level 3 for COVID-19. (Photo by Ali Vicoy) The number of coronavirus disease (COVID-19) cases in the country is expected to drop to the level before the recent surge in infections driven by the Delta...
The local stock market posted more gains as investors grow more optimistic with the coming earnings season and dropping COVID-19 csses. The PSEi added 30.77 points or 0.42 percent to close at 7,297.08 as Holding Firms led gainers although the Mining and Oil and Financials counters saw some...
Investment house AB Capital Group is beefing up its operations after it suddeny hulked up with the entry of some of the country’s top billionaires into its board of directors. This comes after private investment holding firm The Campden Hill Group took control from the Gaisano family’s Vicsal...