The local stock market continued to trek higher after the announcement of a favorable inflation rate for December. The main index rose 42.83 points or 0.64 percent to close at 6,761.33 as Banks led the advance while the Services and Mining counters declined. Volume improved slightly to 1.85 billion...
Local share prices surged to the 6,700 level on the second day, Jan. 4, of trading in 2023 as more investors returned to the market from the holidays. The main index jumped 132.49 points or 2.01 percent to close at 6,718.59 as the Mining and Services sectors led the rally across the board. Volume...
The local stock market is off to a good start as investors begin the 2023 with renewed optimism. The main index rose 19.62 points or 0.30 percent to close at 6,586.01 as the Mining and Oil sector led the advance while Banks and Property firms lagged behind. Volume remained thin at 2.06 billion...
Share prices declined before the long Christmas weekend as US markets weakened on continued worries over rates and recession. The main index shed 35.91 points or 0.55 percent to close at 6,541.03 Friday, Dec. 23, as Conglomerates led the retreat while the Industrial and Services sectors managed to...
Stocks bounce on bargain-hunting By JAMES A. LOYOLA The local equities market bounced after a series of losses as investors started to pick up cheaper stocks. The main index added 43.85 points or 0.68 percent to close at 6,458.12 with the Services sector leading the advance although Banks lagged...
The local stock market continued to drop on worries over a possible recession in the US. The main index lost 82.23 points or 1.27 percent to close at 6,414.27 with the retreat led by the Services sector, mainly due to PLDT’s plunge, with only the Property counter advancing. Volume jumped to 1.31...
The local stock market dropped further on growing fears that the US will go into recession. The main index fell 70.30 points or 1.07 percent to close at 6,496.50 as the Mining and Oil sector led the retreat with only the Industrial counter managing to hold its ground. Volume was stable at 558...
The local stock market dropped on concern that the US Federal Reserve will keep rates high as inflation remains elevated. The main index lost 48.27 points or 0.73 percent to close at 6,566.80 as the Services sector led all counters in the retreat. A total of 2.06 billion shares worth P7.27 billion...
The local stock market moved up after news that US inflation slowed down in November, boosting hopes of less aggressive interest rate hikes. The main index added 32.69 points or 0.50 percent to close at 6,615.07 as Conglomerates led the advance but the Property counter stayed in the red. Volume...
The PSEi lost most of its early gains but managed to remain in the green at the end of trading. The main index ibched ip 5.08 points or 0.08 percent to close at 6,585.20 mainly on the strength of Banks as the Services and Property counters retreated. Volume was lower at 570 million shares worth...
The local stock market bounced from last Wednesday’s drop on more optimism over the US and Chinese economies. The main index rose 54.96 points or 0.84 percent to close at 6,580.12 as the Services sector led at advance while Banks and Industrials retreated. Volume remained steady at 516 million...
Local share prices fell after the previous day’s spike after weakness i US markets prompted investors to take profits. The main index lost 149.22 points or 2.24 percent to close at 6,525.16 as the Property sector led the retreat although the Services and Mining and Oil counters managed to stay...
