The local stock market plunged almost 200 points after government tightened lockdown measures while US bourses also weakened. The PSEI fell 194.75 points or 2.94 percent to close at 6,436.10 as share fell across the board. Volume rose to 3.53 billion shares worth P10.41 billion as losers beat...
The local stock market moved further sideways as bulls and bears wait in the sidelines with their ears peeled for fresh cues. Photo credit: PSE Information Desk The main index eked out a gain of 7.75 points or 0.12 percent to close at 6,566.83 even thought the Property counter continued to...
The local stock market suffered a steeper fall as reality sets in on how bad the COVID-19 situation is being handled, raising fears of a reverting to more restrictions in the year-long lockdown. Photo credit: https://www.pse.com.ph The PSEi plunged 176.09 points or 2.62 percent to close at 6,552.46...
Local share prices rose on continued bargain hunting on the back of gains in the US bourses overnight. Photo credit: PSE Information Desk The main index advanced 41.49 points or 0.61 percent to close at 6,808.32 with only the Financials and Mining and Oil counters retreating. A total of 9.14...
The local stock market advanced for the third straight session Tuesday, (March 2), on optimism over the arrival of vaccines. The Philippine Stock Exchange index (PSEi) gained 46.57 points, or 0.68 percent, to close at 6,919.54 although sectoral indices were evenly mixed. Volume improved to 126.72...
The local stock market is seen to remain volatile this week due to the upcoming release of earnings results of some index heavyweights as well as the inflation figure for February. “Inflation expectations are expected to be one of the main drivers of the market ahead of the release of the...
Local share prices rose Friday, ( Feb. 26) as investors picked up bargains amid news that vaccines will finally arrive, ignoring an overnight sell-off in Wall Street. The Philippine Stock Exchange index (PSEi) gained 38.91 points, or 0.58 percent, to close at 6,794.86 although sector indices were...
Local share prices dropped on Wednesday, (Feb. 24) as sentiment continue to be weighed down by government’s decision not to ease lockdown measures. The PSEi lost 58.72 points, or 0.86 percent, to close at 6,755.95 as all sectors weakened across the board. PSE file photo Volume rose to 36.1...
The local equities market managed to end in the green on Tuesday, (Feb. 23) after trading in negative territory most of the day as investors started picking up cheaper stocks. The Philippine Stock Exchange index (PSEi) inched up 4.33 points, or 0.06 percent, to close at 6,814.67 with...
Trading at the stock market this week is seen to be volatile due to a confluence of factors including earnings reports from some blue chip companies. Photo credit: https://www.pse.com.ph “A shortened trading week (EDSA Revolution Anniversary on February 25) interspersed with earnings...
Local share prices bounced Friday (Feb. 19) from recent losses as investors started to pick up bargains ahead of the weekend. The main index rose 76.77 points or 1.12 percent to close at 6,926.41 as the Holding Firms and Mining and Oil counters led gains across the board. A total of...
The local stock market fell Thursday, (February 18) as investors are jittery over developments here and overseas. The PSEi lost 116.79 points or 1.68 percent to close at 6,849.64 although the Financials and Mining and Oil counters advanced. Volume dropped to 16.62 billion shares worth...
