Local share prices dropped again on concern over inflation and the possibility of more interest rate hikes by the US Federal Reserve and the Bangko Sentral ng Pilipinas. The main index fell by 80.29 points or 1.16 percent to close at 6,842.79 with the Industrial sector leading the retreat. Volume...
The local stock market regained some lost ground as investors were cheered by higher US stocks after the Fed cited lower consumer prices. The main index rose by 41.82 points or 0.61 percent to close at 6,923.08 as the Mining and Oil sector led the advance while Conglomerates lagged behind. Volume...
Local share prices dropped further after the government announced a higher-than-expected inflation rate for January. The main index lost 55.35 points or 0.80 percent to close at 6,881.26 with the Services sector seeing the biggest drop while Conglomerates and Miners managed to advance. Volume...
Local share prices fell ahead of the release of the January inflation report and amid concern over further US rate hikes. The main index dropped 90.77 points or 1.29 percent to close at 6,936.61 with the Services sector leasing the retreat across the board. Volume was a hefty 1.24 billion shares...
The PSEi rose back to the 7,000 level in late bargain-hunting following a week of steep falls and a strong bounce. The main index added 41.19 points or 0.59 percent to close at 7,027.38 as the Property sector led the advance while the Mining and Services counters declined. Volume jumped to 1.9...
The PSEi weakened after the US Federal Reserve announced an expected rate cut which prompted investors to sell rate-sensitive stocks. The main index dropped 49.57 points or 0.70 percent to close at 6,986.19, weighed down by Conglomerates and Property firms while more sectors advanced. Volume...
The local stock market plunged as investors continue to lighten their portfolios before the Fed starts its meeting this week. The main index fell 177.72 points or 2.55 percent to close at 6,793.25 as the Mining and Oil sector led all indices in the retreat. Volume rose to 1.54 billion shares worth...
The local market fell as investors locked in gains while waiting for the US Federal Reserve’s meeting this week. The main index dropped 81.19 points or 1.15 percent to close at 6,970.97 as Miners led the retreat although Banks managed to advance. Volume rose to 1.21 billion shares worth P8.3...
The local stock market was up slightly after the US also reported a stronger than expected economic growth rate. The main index added 9.46 points or 0.13 points to close the week at 7,052.16 with the Mining and Oil counter posting the highest rise. Volume was still low at 1.12 billion shares worth...
The local stock market weakened despite the announcement of stronger-than-expected economic growth in the fourth quarter as investors sold on news. The main index lost 38.66 points or 0.55 percent to close at 7,042.70 with the Services counter leading all sectors down. Volume remained weak at 1.34...
The local stock market was up on the back of stronger US corporate earnings which translated gains in US equities. The main index rose 39.86 points or 0.57 percent to close at 7,081.36 as the Services sector led the advance with only the Mining and Oil counter retreating. Volume eased further to...
The local stock market declined after a stronger start as investors wait for more economic news, particularly the gross domestic product (GDP) report. The main index lost 28.18 points or 0.40 percent to close at 7,041.50 with only the Industrial sector advancing. Volume dropped to 1.96 billion...
