The local stock market posted some gains on Monday as investors are becoming more upbeat about the reopening of the economy. The Philippine Stock Exchange index (PSEi) added 29.18 points, or 0.49 percent, to 5,997.14 although sectoral indices were evenly mixed. Volume remained weak at 1.13...
Stock market investors are seen to remain cautious this week and will be looking to the US Federal Reserve’s meeting for cues on whether to buy into the market or wait for more catalysts. Online brokerage firm 2TradeAsia.com said results of the Fed’s first convening will be announced on...
The local stock market ended the week on a positive note on Friday as investors continued to pick up bargains. The Philippine Stock Exchange index (PSEi) rose by 65.57 points, or 1.11 percent, to close at 5,967.96 with only the Financials and Mining and Oil sectors in the red. Volume...