The local stock market posted some gains as investors shrugged off fresh concerns over COVID and started bargain hunting. The PSEi rose 30.30 points or 0.42 percent to close at 7,273.15 with only the Industrial and Mining and Oil counters in the red. Volume improved to 30.09 billion...
The local stock market posted more gains but off the day’s high after investors were quick to take profit. The main index was up 14.91 points or 0.21 percent to close at 7,304.79 with only the Property and Mining & Oil counters in the red. A total of 19.98 billion shares worth...
While there is still momentum in the local stock market from last week’s rally, its sustainability will hinge on whether there will be more positive news on COVID-19 vaccines and the US stimulus package. BDO Chief Market Strategist Jonathan Ravelas said that, after hopes of a vaccine fueled last...