The local stock market rebounded on the back of the release of stronger jobs and production data. The PSEi gained 62.10 points or 0.90 percent to close at 6,964.01 as the Mining and Oil counter led the rise across the board. 16459 Volume surged to 2.93 billion shares worth P13.52 billion as...
The local stock market recovered the previous losses as it continues to move sideways due to a lack of fresh leads. The main index rose 18.69 points or 0.27 percent to close at 6,956.65 as Banks led the advance with only the Property and Industrial counters retreating. Volume remained thin with...
The local stock market ended mixed with the PSEi down while more shares traded higher as investors wait for the release of economic data due this week. The main index shed 12.55 points or 0.18 percent to close at 6,937.96 as the Mining and Oil counter led advancers while Banks weighed down the...
Investors will again wait to see if the government will announce any changes in quarantine measures while prices of certain stocks may be boosted by quarter-end window-dressing. “Next week, investors are expected to watch out for the government’s quarantine classification decisions for the...
The local stock market dipped as investors are hesitant to bring up share prices while waiting for the outcome of the central bank policy meeting. The main index shed 32.41 points or 0.47 percent to close at 6,886.00 with only the Financials and Industrial counters managing to advance. Volume was...
The local stock market rose as it continues to gather strength from gains in US bourses. PH STOCKS The main index was 48 points or 0.70 percent higher at 6,918.41 as sectoral indices moved higher across the board. The Property counter recovered and led the day’s advance. Volume improved slightly...
The local stock market recovered some losses from the past days in line with a bounce in US bourses. PH STOCKS The PSEi rose by 43.24 points or 0.63 percent to close at 6,870.41 as Holding Firms advanced the most while only the Financials counter retreated. Volume remained tepid though at 2.55...
The local stock market started the week lower after US bourses drop on concern that interest rates will soon go up. The main index dropped 24.21 points or 0.35 percent to close at 6,827.17 with Holding Firms leading the retreat while only the Property sector managed buck the trend. Volume fell to...
The local equities market weakened further as investors continue to pocket gains from a stalled rally. The PSEi dropped 36.54 points or 0.53 percent to close at 6,851.38 with only the Industrial and Services sectors advancing while the Property index led the retreat. Volume was lower at 2.25...
The local stock market started the week almost flat as investors wait to see if the government will further ease quarantine restrictions in the nation’s capital. The main index inched up 9.70 points or 0.14 percent to close at 6,917.49 although sectoral indices were evenly mixed with banks...
This week, local stock market will be waiting for the announcement on whether quarantine measures will be eased further, especially in the nation’s capital, while also observing if the government can speed up its vaccination program. “Investors are expected to watch out for the government’s...
Philippine shares ended the week higher and breached the 6,900 resistance level as investors become cautiously optimistic. The main index rose 32.08 points or 0.47 percent to close at 6,907.79 as the Financials sector led the advance while only the Mining and Oil counter retreated. Volume improved...
