The local stock market inched up as investors continued to slowly pick up bargains. The main index added 14.06 points or 0.22 percent to close at 6,313.11 led by the advance of the Services sector while Conglomerates and Miners retreated. Volume improved to 323 million shares worth P4.91 billion as...
The local stock market ended below the 6,400 level despite a strong start as investors sold down shares in late trades. The main index lost 19.24 points or 0.30 percent to close at 6,390.83 led by the decline of the Mining and Oil sector while Property and Services managed to advance. Volume rose...
The Philippine Stock Exchange index (PSEi) continued to drop as investors cashed out prior to the midweek holiday while waiting for news from the US Federal Reserve. The main index lost 48.57 points or 0.75 percent to close at 6,410.07 as the Services sector led the retreat. Volume remained weak at...
Local share prices continue to benefit from improved sentiment following the release of May’s inflation number which turned out to be lower than feared. The main index rose by 68.54 percent or 1.06 percent to close at 6,509.86 as the Services sector led the advance although Miners retreated....
The local stock exchange recovered some of the previous day’s losses following gains in US equities and the release of the May inflation data. The main index added 54.90 points or 0.86 percent to close at 6,441.32 with Conglomerates leading the advance while the Industrial and Mining...
The PSEi continues its downward trend, this time falling below the 6400 level after higher US Treasury yields pulled down the Peso. The main index shed 39.66 points or 0.62 percent to close at 6,371.75 as the Property sector led the retreat while Conglomerates managed to advance. Volume rose to 666...
The local stock market fell as investors believe the Bangko Sentral ng Pilipinas will still not slash interest rates in the third quarter. The main index dropped 70.26 points or 1.07 percent to close at 6,591.34 as the interest rate sensitive Property sector led the retreat while Banks and Miners...
The PSEi bounced back amid some bargain hunting although trading was mixed as concerns over inflation linger. The main index rose by 52.77 points or 0.80 points to close at 6,659.99 as Conglomerates led the advance but the Services and Mining sectors retreated. Volume was higher at 791 million...
The local stock market declined after sentiment was dampened by the fall of the peso to the P58 to a US dollar level. The main index lost 49.12 points or 0.74 percent to close at 6,633.66 as the Property sector led the retreat while the Services counter bucked the trend and advanced. Volume rose to...
Lower than anticipated inflation in the US for April boosted local stocks as investors again raise their hopes for an interest rate cut. The main index jumped 69.57 points or 1.06 percent to close at 6,628.20 as the interest rate sensitive Property sector surged while Banks declined. Volume rose to...
The local stock market was slightly higher as investors wait for the US inflation numbers and results of the Bangko Sentral policy meeting. The main index eked out a 4.11 point or 0.06 percent gain with sectoral indices evenly split. Volume amounted to 498 million shares worth P4.92 billion as...
The local stock market plunged after the government announced lower-than-expected GDP figures for the first quarter. The main index fell 116.72 points or 1.75 percent to close at 6,542.46 as Conglomerates led the retreat although the Industrial counter managed to advance. Volume was higher at 491...
