The local stock market barely moved Friday, (June 4) after the government’s announcement of the inflation rate for the month of May. The main index inched up 4.47 points or 0.07 percent to close at 6,796.34 as sectoral indices were evenly mixed with Banks leading advancers and Mining stock...
The local stock market declined as investors stepped on the brakes to pocket some gains from the surge in past days. The main index dropped 49.82 points or 0.73 percent to close at 6,791.87 as the Property sector led the retreat although the Mining and Oil counter posted strong gains while the...
Local share prices rallied due to favorable developments at home and overseas. The PSEi surged 214.26 points or 3.23 percent to close at 6,841.69 as share prices rose across the board with the Property and Holding Firms counters leading the charge. A hefty 1.9 billion shares worth P9.51 billion...
The local stock market ended flat Tuesday, June 1 after a weak start as the listing of Monde Nissin’s shares failed to spark a rally. The main index shed 1.06 points or 0.02 percent to close at 6,627.43 as the Mining and Oil counter led the retreat while the Financials and Property sectors...
The local stock market dropped after investors locked in gains from last week’s rally amid uncertainty whether quarantine measures will be eased or tightened. The main index lost 46.02 points or 0.69 percent to close at 6,628.49 with only the Financials sector mamaging to hold its ground. Volume...
The local stock market held its ground as investors remain optimistic and did not pocket substantial gains made in the past two days. The main index inched up 9.37 points or 0.14 percent to close at 6.674.51 as the Services and Property counters led gainers while the Holding Firms sector was the...
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...
Davao City has officially become the "chocolate capital" of the Philippines under a new law signed by President Duterte. President Rodrigo Duterte (File photo/Malacañang) Republic Act No. 11547, inked by the President on May 27, also declared the entire Davao Region as the cacao capital of the...
DOH The Department of Health (DOH) once again flagged the increasing number of coronavirus disease (COVID-19) cases in Visayas and Mindanao. DOH Secretary Francisco Duque III said that they were closely monitoring the situation in those areas. "Nagpapakita ang Visayas ng pagtaas kung saan Region 6...
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....
Senator Sherwin Gatchalian on Tuesday, May 25, urged the government to start vaccinating “anyone who is willing” to get vaccinated against COVID-19, saying it is about time to move the general public up in the priority program as early as June. Senator Sherwin Gatchalian (MANILA BULLETIN File...
