The local stock market overcame early weakness to end slightly higher while investors wait for market moving news. The main index added 13.06 points or 0.19 percent to close at 7,069.68 with sectoral indices evenly split. Volume was firm at 1.24 billion shares worth P8.35 billion as gainers edged...
The local stock market continues to follow the lead of US bourses and ended the last trading day of the week just slightly in the red. The main index shed 5.39 points or 0.08 percent to close at 7,056.62 with sectoral indices evenly split. Volume was lower at 1.56 billion shares worth P6.86 billion...
Local share prices eased as weakness in US bourses weighed down investor sentiment. The main index shed 32.85 points or 0.46 percent to close at 7,062.01 as Banks led the retreat while the Mining and Services counters moved up. Volume was slightly lower at 1.87 billion shares worth P7.03 billion as...
The local stock market bounced back, gaining more strength in late trades on the back of growing optimism about the Philippine economy. The main index rose 80.82 points or 1.15 percent to close at 7,094.86 as the Services sector led the advance. Volume was lower though at 991 million shares worth...
The PSEi slipped due to profit taking after its recent runup but managed to stay above the 7,000 mark. The main index shed 31.44 points or 0.45 percent to close at 7,014.04 with the Industrial sector leading theretreat while the Property and Services counters managed to advance. Volume remained...
The local stock market breezed past the 7,000 resistance level as foreign funds bought Philippine shares on expectations of milder US rate hikes. The main index rose 93.94 points or 1.35 percent to close at 7,045.48, after breaching 7,100 intraday, as Banks led the rally while the Services and...
The local stock market rallied to close the week on a stronger note after news that the US inflation rate eased last month. The main index surged 118.01 points or 1.73 percent to close at 6,951.54 with Banks leading the charge across the board. Volume rose to 1.63 billion shares worth P9.24 billion...
The local stock market surged on the back of gains in US share prices amid hopes of easing inflation. The main index jumped 124.19 points or 1.85 percent to close at 6,833.53 with the Property sector leading the rally while the Mining and Oil counter lagged behind. Volume rose to 1.42 billion...
Local share prices weakened for the second day as US and Philippine monetary authorities are expected to raise interest rates soon. The main index lost 47.35 points or 0.70 percent to close at 6,709.34 with Banks and Property leading the retreat although Industrials and Miners managed to advance. A...
The local stock market declined as investors took profit following mostly weaker US bourses prior to the release of inflation data. The main index dropped 33.55 points or 0.49 percent to close at 6,756.69 with only the Services sector managing to stay in the green. Volume jumped to 2.51 billion...
The local stock market resumed its upward trek after a brief respite last Friday, as investor sentiment was boosted by upbeat overseas markets. The main index jumped 122.27 points or 1.83 percent to close at 6,790.24 as Miners and Banks led all sectors in the rally. Volume was also firmer at 2.46...
After a healthy start this year, stocks dropped on Friday, Jan. 6, as investors took profits at the local stock market after US bourses dropped due to renewed concern over interest rate hikes. The main index fell 93.36 points or 1.38 percent to close at 6,667.97 with the Industrial counter leading...
