The local stock market ended the week on a positive note following the release of better-than-expected economic growth numbers in the US. The main index added 12.59 points or 0.19 percent to close at 6,686.09 although sectoral indices were evenly divided. Volume surged to 2.88 billion worth P13.58...
The local stock market continued to regain lost ground, rising for the third day on the optimistic outlook for remittances. The main index rose 58.08 points or 0.88 percent to close at 6,679.96 as Banks led the rally although Miners lagged behind. Volume also improved to 343 million shares worth...
The local stock market dipped to end the week lower as investors seek fresh catalysts. The main index shed 7.33 points or 0.11 percent to close at 6,503.54 with sectoral indices evenly split. Volume rose to 301 million shares worth P6.19 billion as gainers outnumbered losers 106 to 65 with 59...
The local stock market weakened further on news of a lower-than-expected growth of the Chinese economy. The main index fell 64.49 points or 0.97 percent to close at 6,572.51 led by the plunge of the Mining and Oil sector. Volume rose to 590 million shares worth P6.68 billion as losers beat gainers...
The local stock market continued to rise as investors position for the new year amid rate cut expectations. The main index hiked 37.27 points or 0.56 percent to close at 6,680.45 with the Mining and Oil sector leading the advance. Volume amounted to 460 million shares worth P5.82 billion as...
The local stock market ended the week higher despite the higher US inflation rate for December. The main index added 29.45 points or 0.45 percent to close at 6,643.18 as the Services sector led the advance while Banks and Miners retreated. Volume was stable at 362 million shares worth P5.64 billion...
The local stock market took a breather as investors digested recent gains while waiting for fresh economic data here and from overseas. The main index shed 20.42 points or 0.31 percent to close at 6,609.22 as Conglomerates led the decline while the Property and Industrial counters managed to remain...
The local stock market declined as investors were quick to take profits from the previous day’s rally. The main index dropped 55.16 points or 0.84 percent to close at 6,498.88 as Banks led the slide across the board. Volume thinned further to 182 million shares worth P3.11 billion as gainers...
The PSEi opened the new trading year with a bang as optimistic investors trickled back into the market. The main index surged 104 points or 1.61 percent to close the first trading session at 6,554.04 as Conglomerates and Services rallied to offset the decline of the Property and Mining counters....
Investors in the local stock market have reason to be guardedly optimistic about 2024 following a lackluster trading in 2023. “The expected improvement in macroeconomic indicators are poised to drive market conditions in 2024,” said Philippine Stock Exchange (PSE) President and CEO Ramon S....
The local stock market fell on its last trading day of the year as investors preferred to hold on to cash during the long weekend. The PSEi lost 69.07 points or 1.06 percent to close at 6,450.04, dragged down by Conglomerates which fell 3.41 percent. Volume rose to 1.12 billion shares worth P4.88...
The local stock market returned to the 6,500 level as share prices rode on positive sentiment in the US bourses. The main index rose by 56.31 points or 0.87 percent to close at 6,519.11 as the Industrial sector led all counters in the advance. However, volume dropped to 385 million shares worth...
