Tag page - Philstocks

The local market closed its best week since the start of quarantine Friday  on the back of good corporate earnings and US stimulus news. The Philippine Stock Exchange index (PSEi) rose by 139.43 points, or 2.2 percent,  to close at 6,484.06 although the Services sector did not join the...

The local stock market is seen range trade this week although positive corporate nine-month results have the potential to spur the index to breach the 6,000 level. “The market may be more inclined to trade within range for now, until after US elections are finalized by November. This, plus...

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 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...