The local stock market finally took a breather as investors pocketed gains from a 7-day rally. The main index dropped 31.65 points or 0.46 percent to close at 6,818.99 as the Industrial sector led the retreat while Conglomerates and Mining firms continued to advance. Volume was still hefty at 1.17...
The local stock market rallied past the 6,800 level on some foreign buying. The main index jumped 112.80 points or 1.67 percent to close at 6,850.64 with Banks leading the charge. Volume rose to 967 million shares worth P8.89 billion as gainers beat losers 111 to 91 with 35 unchanged. 92486...
The local stock market continued to rally on growing optimism that inflation may soon ease. The main index rose 38.18 points or 0.57 percent to close at 6,737.84 as Conglomerates led the advance although the Services and Industrial counters lagged behind. Volume dipped to 1 billion shares P5.49...
The local stock market fell after the government announced a higher-than-expected rise in the consumer price index. The main index lost 77.61 points or 1.2 percent to close at 6,405.50 with the Property sector leading the decline across the board. Volume jumped to 712 million shares worth P12.71...
The local stock market rose for the third day as corporate earnings continue to buoy investor sentiment. The PSEi added 53.03 points or 0.82 percent to close at 6,483.11 as the Services sector led the rally across the board. Volume was relatively stable at 591 million shares worth P5.84 billion as...
The local stock market kicked off August by managing to end flat after recovering from a drop earlier in the day. The main index was lower by just 3.90 points or 0.06 percent to close at 6,312.03 although sectoral indices were evenly mixed. A total of 434 million shares worth P5.16 billion changed...
The PSEi dropped in the last trading day of the month as investors took profit from the previous day’s spike in prices. The main index lost 63.33 points or 0.99 percent to close at 6,315.93 as Conglomerates led the retreat although the Banks and Services counters continued to advance....
The local stock market rallied on news that the US Federal Reserve may no longer need to raise rates as aggressively in the near term. The PSEi shot up by 142.50 points or 2.29 percent to close at 6,379.26 as Banks and Conglomerates led the charge. Volume improved but remained thin at 567 million...
The PSEi managed to close higher after sluggish trading during the day as investors continue to wait for news from the US Federal Reserve. The main index eked out a gain of 13.76 points or 0.22 percent to close at 6,236.76 with Banks leading the advance while the Property sector lagged behind....
The local stock market improved only slightly after the previous day’s much awaited State of the Nation Address as investors adopt a “wait-and-see” attitude. The main index inched up 13.47 points or 0.22 percent to close at 6,223.00 with Conglomerates leading the advance as the Banks and...
The local stock market lost ground as investors wait for the President’s State of the Nation Address (SONA). The main index dropped 53.86 points or 0.86 percent to close at 6,209.53 as Banks led the retreat although the Property and Mining counters managed to advance. Volume remained thin at 517...
The local stock market ended just a bit higher after listless trading as investors wait for catalysts. The main index inched up 7.22 points or 0.12 percent to close at 6,263.39 with sectoral indices evenly mixed. Volume dropped to 604 million shares worth P3.29 billion as losers outpaced gainers 92...