The local stock market dipped as investors take profits ahead of the release of economic data here and in the US. The main index declined by 16.71 points or 0.26 percent to close at 6,304.53 as the Property counter led the retreat while the Industrial and Services sectors advanced. Volume...
The Philippine stock market surged for the fifth day in a row as investors continue to find share prices low. The main index jumped 110.74 points or 1.77 percent as Banks led the charge across the board. Volume was lower but still higher than average at 764 million shares worth P6.73 billion...
The local stock market continues to recover lost ground as funds rebalance their portfolios while some investors buy up cheaper stocks. The main index rose 30.05 points or 0.49 percent to close at 6,172.84 with the advance led by Conglomerates although Miners were left behind. Volume jumped...
The local stock market rose further after both US and Philippine policy interest rates were left unchanged by the central banks of the two countries. The main index added 48.08 points or 0.79 percent to close at 6,142.79 with Conglomerates leading all sectors forward. Volume declined to 1.09...
For the fourth day in a row, index heavyweights led the local stock market lower as US bourses were weaker while investors wait for the US Federal Reserve meeting. The main index shed 6.93 points or 0.11 percent to close at 6,041.04 as Banks and Conglomerates declined although the four other...
The local stock benchmark fell below 6,100 to its lowest level in more than a year as investors worry over interest rates amid rising inflation. The main index plunged 76.60 points or 1.25 percent to close at 6,047.97 with the rate-sensitive Property sector leading the retreat...
The Philippine Stock Exchange index (PSEi) ended flat on low volume although the broader market was weak as investors wait for results of the US Federal Reserve and Bangko Sentral ng Pilipinas (BSP) meetings this week. The main index shed 1.77 points or 0.03 percent to close at 6,124.57 with...
Local share prices fell to its lowest closing since October 26, 2022 as foreign funds sold stocks to rebalance their portfolios in line with changes in the FTSE index. The PSEI dropped 82.06 points or 1.32 percent to close at 6,126.34 as the Property counter suffered the biggest loss among...
The local stock market fell to a one-year low as investors exercise caution before the release of US inflation data. The main index plunged 81.02 points or 1.30 percent to close at 6,149.18 as Conglomerates registered the biggest drop while the Mining and Oil sector stayed in the green....
The Philippine Stock Exchange index (PSEi) was a tad lower as some investors took profits although most still stayed on the sidelines while waiting for US inflation numbers. The main index shed 3.54 points or 0.06 percent to close at 6,230.20 with sectoral indices equally divided. Volume...
Local stock brokerage firm Philstocks Financial has revised downwards its year-end projection for the Philippine Stock Exchange index (PSEi) due to lower economic growth while corporate earnings growth may also be slower in the second semester. Philstocks Financial Assistant Research Manager...
The local stock market managed to end higher despite weaker US stocks as investors picked up bargains that emerged after Thursday's (Sept. 7) drop in prices. The main index rose by 0.64 percent or by 39.87 points to close at 6,222.94 although sectoral indices were evenly split. Volume was...
