The local stock market ended the week lower yesterday over concern that the passage of next year’s budget will be delayed. The Philippine Stock Exchange index (PSEi) shed 11.05 points, or 0.19 points, to close at 5,931.61 with sectoral indices mixed. Volume was lower at 9.16 billion...
The local stock market is seen to start weaker this week following the drop in US stocks in reaction to US President Donald Trump’s announcement that he has tested positive for COVID-19. According to online brokerage 2TradeAsia.com, this is “a reminder that the pandemic remains to be...
The Philippine stock market ended the week yesterday higher on continued bargain hunting. The Philippine Stock Exchange index (PSEi) gained 54.53 points, or 0.92 percent, to close at 5,999.40 as all sectors advanced. However, volume was lower at 1.47 billion shares worth P4.91 billion with gainers...
The local stock market posted a small gain yesterday on quarter-end window-dressing. The Philippine Stock Exchange index (PSEi) added 22.63 points, or 0.39 percent, to close at 5,864.23 although the Financials and Industrial counters retreated. Volume remained weak at 1.07 billion shares worth...
Local stock prices weakened yesterday as investors continue to wait for market moving news. The Philippine Stock Exchange index (PSEi) dropped 19.79 points, or 0.34 percent ,to close at 5,841.60 with sectoral indices evenly split between advancers and decliners. Volume was slightly higher at...
The local stock market was up slightly yesterday as investors picked at some bargains from last week’s decline. The Philippine Stock Exchange index (PSEi) gained 22.73 points, or 0.39 percent, with only the Mining & Oil and Property counters in the red. Volume remained tepid at 1.14 billion...
The local stock market is seen to remain weak, weighed down by recent bad news, although investors are seen to look for more cues from the release of more economic data as well as from the Bangko Sentral ng Pilipinas meeting on rates this week. Traders work beneath an electronic ticker at the...
The local stock market ended the week slightly lower yesterday as investors continue to shy away. The Philippine Stock Exchange index (PSEi) shed 7.14 points, or 0.12 percent, to close at 5,838.66 with sectoral indices evenly mixed. Volume fell to 1.41 billion shares worth ₱3.66 billion as...
The local stock market was flat again Wednesday as investors lack reason to aggressively buy or sell stocks amid so much uncertainty. The Philippine Stock Exchange index (PSEi) shed 1.56 points ,or 0.03 percent, to end at 5,892.72 with only the Industrial and Holding Firms counters in the...
The local stock market declined on Tuesday despite some late bargain hunting. The Philippine Stock Exchange idex (PSEi) dropped 15.04 points, or 0.26 percent, to 5,894.28 with only the Holding Firms and Services sectors steady. Volume remained low at 4.4 billion shares worth ₱4.63 billion as...
The local stock market managed to end flat Monday even though most stocks issues were lower as some large caps offset these losses. The Philippine Stock Exchange index (PSEi) eked out a gain of 0.42 point to close at 5,909.32 with only the Property sector in the green. Volume weakened to 2.13...
The local stock market is seen to continue to consolidate this week due to the absence of any market moving news. “So far, confidence towards the local market remains low due to the lack of an impetus that could boost appetite amid the lingering uncertainties in our economy and in our COVID-19...
