The local stock market dropped as investors exercised caution ahead of the Bangko Sentral ng Pilipinas meeting in Thursday. The main index lost 49.73 points or 0.75 percent to close at 6,558.63 as Conglomerates led the retreat with only the Industrial sector advancing. Volume improved to 464...
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 bounced on strong investments data and hope for lower US inflation numbers. The main index jumped 92.32 points or 1.42 percent to close at 6,604.25 as the Services banking sectors surged. Volume was hefty at 947 million shares worth P11.01 billion as gainers beat losers 118...
Investors in the local stock market will be taking cues from the Bangko Sentral ng Pilipinas policy meeting this week. “The BSP is expected to keep rates steady (in its meeting on May 16), but stubborn inflation figures in April is making the speculation more interesting especially in light of...
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...
The local stock market advanced on positive trade and employment data. The main index rose by 40.60 points or 0.61 percent to close at 6,659.18 although sectoral indices were evenly divided. Volume improved to 434 million shares worth P5.98 billion as gainers outnumbered losers 99 to 91 with 40...
The local stock market weakened after the government reported that the inflation rate rose again in April. The main index shed 33.91 points or 0.51 percent to close at 6,618.58 with sectoral indices evenly divided. Volume jumped to 7.9 billion shares worth P11.5 billion as losers beat gainers 98 to...
The local stock market rose a day before the government releases the April inflation data as upbeat first quarter corporate results start trickling in. The main index hiked 36.94 points or 0.56 percent to close at 6,652.49 led by the Industrial sector while the Property counter remained weak....
Stock market investors will be taking their cue from the April inflation data to be released this week as this could affect interest rates while also looking forward to the release of the country’s gross domestic product (GDP) numbers. “Investors are still moving in a cautious tone, evidenced...
Concern over higher inflation for April continued to weigh on the local stock market. The main index declined 31.00 points or 0.47 percent to close at 6,615.55 due to the weakness of the Property and Services counters as most other sectors were in the green. Volume rose to 764 million shares worth...
The local stock market weakened as investors took profits before trading stops for Labor Day. The main index dropped 69.15 points or 1.02 percent to close at 6,700.49 as the Property counter led the retreat across all sectors. Volume surged to 1.4 billion shares worth P20.13 billion due to a block...
The local stock market surged on the back of window dressing and the further easing of tension in the Middle East. The main index jumped 140.89 points or 2.13 percent to close at 6,769.64 led by the strength of Banks although Miners retreated. Volume rose to 603 million shares worth P5.32 billion...
