The local stock market market lost more ground as investors continue to worry over the rising COVID-19 numbers overseas and the damage caused by Typhoon Odette. The main index dropped 70.55 points or 0.98 percent to close at 7,167.06 as Banks led the retreat across the board. Volume remained thin...
The local stock market dropped as investors worry again about the spread of the Omicron variant locally and overseas while assessing the damage wrought by Typhoon Odette. The main index lost 60.05 points or 0.82 percent to close at 7,237.61 as the Mining and Oil counter led the retreat although the...
The local stock market was mixed but managed to close higher on late buying of blue chips. The main index rose 64.4 points or 0.89 percent to close at 7,297.66 with the advance led by the Holding Firms counter while the Industrial and Mining and Oil sectors retreated. PSE_NEW Volume was high at...
The Philippine Stock Exchange index bounced back after the previous day’s panic selling as investors gain confidence from stronger US markets. The main index jumped 100.68 points or 1.41 percent to close at 7,233.26 as the Services sector led the rally across the board. Gainers beat losers 109 to...
The local stock market fell after the health department reported the country’s first two cases of the Omicron variant. The PSEi lost 109.41 points or 1.51 percent to close at 7,132.58 as the Property sector led the retreat across the board. 53334 Volume jumped to 1.33 billion shares worth P11.35...
As the stock market seems to have calmed down from the initial panic reaction to the Omicron variant, investors will be watching out for inflation figures this week and see how central banks will telegraph their moves. “Inflation will be a key theme for next week—or rather, the expected...
The local stock market declined at the end of the trading week after investors pocketed gains from the recent rally in share prices. The main index dropped 42.75 points or 0.59 percent to close at 7,192.17 as banks led the retreat across the board. 52188 Volume rose to 3.57 billion shares worth...
The local stock market rose on the back of growing optimism that the Omicron variant will not be as bad as initially feared. The main index jumped 87.62 points or 1.23 percent to close at 7,234.92 as banks led the advance with only the Property sector posting a marginal decline. PSE_NEW Volume...
Stocks rose again but closed off the day’s peak as investor sentiment was boosted by gains in US bourses. The main index gained 22.65 points or 0.32 percent to close at 7,055.19 as sub-indices were evenly mixed with the Property sector advancing the most. Volume weakened to 1.3 billion shares...
The local stock market ended the week with more losses as investors grow more concerned about a potentially more dangerous variant of COVID-19. The main index dropped 90.83 points or 1.23 percent to close at 7,278.44 as the Property and Services sectors led all sub-indices in the retreat....
The local stock market dropped due to selling pressures. The main index lost 49.83 points or 0.67 percent to close at 7,369.27 as the Holding Firms counter led the retreat although the Industrial and Mining and Oil counters managed to advance. 48775 Volume stayed in the same range with 1.31 billion...
The Philippine Stock Exchange index managed to advance although there was some profit taking after the previous day’s spike in share prices. The benchmark index added 17.94 points or 0.24 percent to close at 7,419.10 on Wednesday, Nov. 24, although only the Holding Firms and Property counters...
