The local stock market managed to recover from early losses after the announcement of a lower-than-expected inflation rate for September. The main index rose 20.35 points or 0.29 percent to close at 6,981.24 as the Services sector led the advance although the Financials and Property counters...
The local stock market kicked off the week on a positive note although volume was thinner. The main index rose 37.29 points or 0.54 percent to close at 6,960.89 with the Mining and Oil counter leading the advance while the Industrial sector was the only one in the red. 36569 Volume dropped to 861.4...
GT Capital Holdings Inc., the flagship of the Ty family, is venturing into the business of providing vehicle warranty for used cars in the country through Premium Warranty Services Philippines, Inc. (PWSPI). In a disclosure to the Philippine Stock Exchange, GT Capital said PWSPI starts commercial...
The Philippine benchmark index declined, weighed down by the weakness in US markets. The main index dipped 29.28 points or 0.42 percent to close at 6,923.60 although only the Holding Firms and Property counters were in the red whole the Mining and Oil sector led gainers. 36063 Volume surged to 2.32...
The local stock market posted a small gain amid quarter-end window dressing. The main index gained 18.77 points or 0.27 percent to close at 6,952.88 as the Industrial and Mining and Oil counters leading the advance while Banks and Property firms retreated. 35771 Volume continued to be strong at...
Premium Warranty Services Philippines, Inc. arrives in the country Purchasing a secondhand vehicle in the Philippines has been a daunting experience for many. A buyer can never be fully confident about the vehicle’s apparent and not-so-apparent condition, which impacts the...
The local stock market resumed its climb after seeing a slight correction the previous day. The main index rose 48.75 points or 0.71 percent to close at 6,934.11 although sectoral indices were evenly mixed with heavyweight Holding Firms leading the advance while the Industrial counter suffered the...
The local stock market started the week flat, supported by the gains of the Services sector. The main index inched up by 4.73 points or 0.07 percent to close at 6,956.26 as the Services sector’s advanve offset the retreat staged by the Mining and Oil, Financials, and Property counters. 35046...
The Philippine Stock Exchange index ended the week on a positive note as share prices continued to be buoyed by gains in the US. 34595 The main index added 36.25 points or 0.52 percent on Friday, Sept. 24, to close at 6,952.53 with the Property sector leading the charge while the Holding Firms...
The Philippine Stock Exchange index gained for the third day on the back of stronger US stocks and the decline in new COVID cases in the country. The main index advanced 24.55 points or 0.36 percent to close at 6,915.28 on Thursday, Sept. 23, as the Industrial sector led the advance while the...
Big banks in the country remained well-capitalized despite the prolonged pandemic-induced crisis, the Bangko Sentral ng Pilipinas (BSP) said. BSP Governor Benjamin E. Diokno said that big banks’ capital adequacy ratio (CAR), a measure of lenders’ solvency, improved to 17.6 percent in the first...
The average daily coronavirus disease (COVID-19) infections in Metro Manila may reach as low as 2,000 new cases by next month, the OCTA Research said Thursday, Sept. 23. Catholic devotees stand outside the Minor Basilica of the Black Nazarene as they attend a Sunday mass during the fourth day of...