Local stocks weakened Tuesday, (April 27) amid indication that current lockdown measures will not be eased at the end of the month as COVID cases remain high. The Philippine Stock Exchange index (PSEi) dropped 32.92 points or 0.52 percent to close at 6,356.47 with only the Mining and Oil counter...
The local stock market dropped further as investors seek better opportunities in countries that are better at handling the pandemic. Photo credit: PSE file. The PSEi shed 23.86 points or 0.37 percent to close at 6,415.53 as all sub-indices fell across the board. Volume remained anemic...
Local share prices weakened as new COVID cases remain high while the death rate is rising. The main index shed 26.53 points or 0.41 percent to close at 6,518.64 with only the Financials counter inching up. A total of 2.43 billion shares worth P5.97 billion changed hands as losers beat gainers 120...
Share prices continued to rise ahead of the Bangko Sentral policy meeting and on the arrival of more vaccines. Photo credit: PSE Information Desk The PSEi jumped 83.99 points or 1.29 percent to close at 6,581.00 although the Financials sector retreated slightly. Volume was low though at...
DDMP REIT Inc., the real estate investment trust subsidiary of DoubleDragon Properties Corporation, successfully listed its shares at the Philippine Stock Exchange but its performance was not as hot as many anticipated. The firm’s shares closed flat at its initial...
The local stock market rose despite a weak start as investors continued bargain hunting. The PSEi gained 50.66 points or 0.79 percent to close at 6,497.01 with only the Mining and Oil counter in the red. Photo credit: (https://www.pse.com.ph/) Volume surged to 9.27 billion shares worth...
The local stock market moved further sideways as bulls and bears wait in the sidelines with their ears peeled for fresh cues. Photo credit: PSE Information Desk The main index eked out a gain of 7.75 points or 0.12 percent to close at 6,566.83 even thought the Property counter continued to...
The local stock market advanced for the third straight session Tuesday, (March 2), on optimism over the arrival of vaccines. The Philippine Stock Exchange index (PSEi) gained 46.57 points, or 0.68 percent, to close at 6,919.54 although sectoral indices were evenly mixed. Volume improved to 126.72...
The local equities market managed to end in the green on Tuesday, (Feb. 23) after trading in negative territory most of the day as investors started picking up cheaper stocks. The Philippine Stock Exchange index (PSEi) inched up 4.33 points, or 0.06 percent, to close at 6,814.67 with...
The local stock market gave up most of the previous day’s gains Wednesday, (Feb. 17) as investors went back to selling mode. The main index fell 77.63 points or 1.1 percent to close at 6,966.43 as all counters retreated, led by the Financials and Property sectors. Volume remained high at...
The local stock market managed to recover from early losses to end almost flat as foreign funds moved out. The main index shed 3.01 points or 0.04 percent to close at 7,140.29 with only the Property and Financials counters in the green. PSE file photo Volume was slightly lower at 102.66...
The local stock market posted some gains as investors shrugged off fresh concerns over COVID and started bargain hunting. The PSEi rose 30.30 points or 0.42 percent to close at 7,273.15 with only the Industrial and Mining and Oil counters in the red. Volume improved to 30.09 billion...
