The PSEi continues to rally and is moving closer to the 7,000 level as investor sentiment continues to be buoyed by last week’s positive developments. The main index hiked by 54.89 points or 0.80 percent to close at 6,944.76 although sectoral indices were evenly divided due to late...
The local stock market rose further on follow-through buying after last week’s cut in a key policy rate. The main index rose by 42.50 points or 0.62 percent to close at 6,889.87 led by the interest-rate sensitive Property sector although Industrials and Conglomerates declined on profit-taking....
The local stock benchmark surged past the 6,800 level after the Bangko Sentral finally cut the key policy rate after months of market speculation. The main index leaped by 165.53 points or 2.47 percent to close at 6,858.44 as the Services sector led the rally across the board. A total of 629...
The local stock market rose further as investors digested a slew of corporate earnings reports while waiting for the Monetary Board’s policy meeting on Thursday. The main index rose by 54.52 percent or 0.82 percent to close at 6,704.96 as the Property sector led the advance across the board....
The PSEi recovered the previous day’s losses as investors anticipate a good result from the Monetary Board’s upcoming policy meeting. The main index rose by 37.08 points or 0.56 percent to close at 6,650.44 as the interest rate-sensitive Property sector led the advance while Banks and Miners...
The local stock market declined as investors took profits while waiting for major market moving news from overseas and the domestic front. The main index dropped 34.44 points or 0.52 percent to close at 6,613.36 as the Mining and Oil counter led the retreat while the Services sector managed to buck...
The local stock market surged on stronger volume as investors continued to cheer the strong growth of the country’s economy. The main index jumped 98.53 points or 1.50 percent to close at 6,647.80 as the Mining and Oil sector led the rally across the board. Volume rose to 857 million shares worth...
The local stock market inched up despite weakness in US bourses after the Philippines reported strong second quarter economic growth. The main index added 14.10 points or 0.22 percent to close at 6,549.27 although sectoral indices were evenly mixed. Volume declined to 748 million shares worth...
The local stock market rebounded with its regional peers following gains in US bourses. The main index jumped 101.93 points or 1.58 percent to close at 6,535.17 as the Property sector led the rally across the board. Volume dipped to 543 million shares worth P4.9 billion as gainers outnumbered...
The local stock market ended flat despite some early bargain-hunting after the announcement of the July inflation numbers. The main index shed 1.49 points, or 0.02 percent, to close at 6,433.24, with sectoral indices evenly split. Volume dipped to 419 million shares worth P5.12 billion. Losers...
The local stock market plunged with other regional bourses on growing fears of a US recession. The main index fell 170.57 points or 2.58 percent to 6,434.73 with the Industrial and Property sectors leading the retreat across the board. Volume rose to 638 million shares worth P5.64 billion as losers...
Regional stocks, including local shares, fell as investors were spooked by fears of a recession in the US. The main index dropped 88.53 points or 1.32 percent to close at 6,605.30 led by the Services sector which weakened despite the hike in Globe’s stock price. Volume remained tepid at 514...
