The local stock market rose to rest just above the 6,500 level on the last trading day before Christmas on the back of higher US bourses. The main index added 31.77 points or 0.49 percent to close at 6,501 as the Industrial sector led the advance while Banks dipped into the red. Volume fell to 536...
The local stock market was flat as investors continued to take cash out due to the coming long Christmas holiday. The main index shed a marginal 0.52 points to close at 6,520.75 with sectoral indices equally divided. Volume improved to 1.15 billion shares worth P6.32 billion as gainers outnumbered...
The local stock market ended a few points down as investors started to take profits after US Federal Reserve officials cooled down rate cut expectations. The main index shed 2.94 points or 0.05 percent to close at 6,475.50 as sectoral indices were evenly split. A total of 602 million shares changed...
The PSEi rose further after the Bangko Sentral kept rates steady, spurring hopes of a long-awaited Santa Claus rally at the bourse. The main index jumped 67.96 points or 1.06 percent to close at 6,478.44 as Conglomerates led the charge but the Property and Mining counters retreated. Volume also a...
The local stock market declined despite the strong performance by its US counterparts as investors here preferred to wait for results of both US Federal Reserve and Bangko Sentral Pilipinas (BSP) policy meetings. The main index dropped 36.65 points or 0.58 percent to close at 6,255.74 as the...
The PSEi dipped as investors wait for fresh cues although sentiment was also dampened by the Bangko Sentral ng Pilipinas’ (BSP) signal that it is not lowering rates soon. The main index shed 6.48 points or 0.10 percent to close at 6,228.29 as Banks led the decline while Conglomerates and...
Local share prices fell as investors preferred to hold on to cash over the long weekend. The main index lost 71.08 points or 1.13 percent to close at 6,234.77 as Banks led all sectors in the retreat. Volume eased to 270 million shares worth P3.67 billion as gainers edged out losers 83 to 82 with 49...
The PSEi was able to recover most of the day’s loss to end almost flat amid some profit-taking as investors wait for fresh cues. The main index shed 3.1 points or 0.05 percent to close at 6,305.85 as Banks led the decline while Conglomerates and Services advanced. Volume improved to 345...
Philippine shares rose ahead of the release of economic data here and overseas including the November inflation number. The main index added 39.19 points or 0.63 percent to close at 6,284.37 with the advance led by the surge in Mining and Oil stocks. Volume remained weak though at 446 million...
The PSEi was up today, Dec. 1, following gains made by US bourses amid hopes that interest rates will not be raised. The main index added 21.45 points or 0.34 percent to close at 6,245.18 as the Property counter led the advance while Banks and Miners lagged behind. Volume declined to 1.68...
The local stock market opened the shorter trading week on a positive note as month’s end window dressing started while oil prices weakened. The main index rose by 40.07 points or 0.64 percent to close at 6,309.57 as the Property sector surged to lead the advance while the Industrial and...
The PSEi managed to eke out a marginal gain after bargain hunters lifted it out of negative territory. The main index inched up by 1.46 points or 0.02 percent to close at 6,305.99 with sectoral indices evenly divided. Volume improved to 856 million shares worth P5.94 billion as losers...
