Local share prices fell as investors preferred to hold on to cash over the long weekend. The main index lost 71.08 points or 1.13 percent to close at 6,234.77 as Banks led all sectors in the retreat. Volume eased to 270 million shares worth P3.67 billion as gainers edged out losers 83 to 82 with 49...
The PSEi was able to recover most of the day’s loss to end almost flat amid some profit-taking as investors wait for fresh cues. The main index shed 3.1 points or 0.05 percent to close at 6,305.85 as Banks led the decline while Conglomerates and Services advanced. Volume improved to 345...
The local stock market ended up after early profit-taking following the release of lower-than-expected inflation figures for November. The main index rose by 24.58 points or 0.39 percent to close at 6,308.95 even though sectoral indices were evenly split. Volume was still low at 622 million...
Philippine shares rose ahead of the release of economic data here and overseas including the November inflation number. The main index added 39.19 points or 0.63 percent to close at 6,284.37 with the advance led by the surge in Mining and Oil stocks. Volume remained weak though at 446 million...
The local stock market will be waiting for November’s inflation figure this week, hoping that a lower number will spur a rise in share prices. “This week, investors are expected to take cues from our upcoming economic data, primarily from our November inflation print which would give clues on...
The PSEi was up today, Dec. 1, following gains made by US bourses amid hopes that interest rates will not be raised. The main index added 21.45 points or 0.34 percent to close at 6,245.18 as the Property counter led the advance while Banks and Miners lagged behind. Volume declined to 1.68...
The local stock market continued to decline as investors adjust their holdings to the new MSCI index composition. The main index dropped 41.41 points or 0.66 percent to close at 6,223.73 with Conglomerates leading the retreat although Banks and Property stocks managed to advance. Volume...
The local stock market opened the shorter trading week on a positive note as month’s end window dressing started while oil prices weakened. The main index rose by 40.07 points or 0.64 percent to close at 6,309.57 as the Property sector surged to lead the advance while the Industrial and...
The local market sank further as investors continue to disengage due to negative global outlooks. The main index dropped by 48.72 points or 0.80 percent closing at 6,039.72 with all sectoral indices down for the second consecutive day. Total volume of shares traded was 276 million worth...
The local stock market fell at the start of the week as potential interest rate hikes continue to drag out investors’ sentiments. The main index dropped by 54.46 points or 0.86 percent closing at 6,088.44, with all sectoral indices in red, notably the Mining and Oil and Industrial sectors taking...
The local stock market ended the week down as investors are wary of climbing inflation rates in the US. The main index dropped by 76.26 points or 1.23 percent closing at 6,142.90 with all sectoral indices in red, and the Mining and Oil sector severely plummeting by 655.58 points or 6.05...
The local stock market sank further as investors brace for higher US treasury yields. The main index dipped by 49.11 points or 0.78 percent closing at 6,219.16 with all sectoral indices in red except for the Property sector. Total volume of shares traded amounted to 575 million valued at P4.2...
