The Philippine Stock Exchange index (PSEi) snapped a seven-day winning streak on Friday, Feb. 27, as investors locked in gains and digested disappointing trade figures. The benchmark gauge fell 14.22 points, or 0.21 percent, to close at 6,611.24 in Manila. While property developers led the decline,...
Local equities market extended its winning streak to the seventh consecutive session on Thursday, Feb. 26, though a wave of late-session profit-taking pared gains as investors locked in returns from the recent rally. The Philippine Stock Exchange index (PSEi) edged higher by 5.59 points, or 0.08...
The Philippine stock benchmark climbed for a sixth consecutive session, reclaiming the 6,600 level as a strengthening peso and optimistic corporate earnings outlooks spurred a broad-based rally. The Philippine Stock Exchange index (PSEi) advanced 71.89 points, or 1.1 percent, to finish at 6,619.87...
Local stocks climbed for a fifth consecutive session to reach a nine-month high as strengthening peso and robust corporate earnings results insulated the market from the broader global selloff. The Philippine Stock Exchange index (PSEi) gained 59.47 points, or 0.9 percent, to finish at its intraday...
The Philippine Stock Exchange index (PSEi) gained on the back of positive corporate earnings reports as well as the United States (US) high court ruling against US President Donald Trump’s tariffs. The main index added 23.39 points, or 0.36 percent, to close at 6,488.51. Miners led the advance,...
Local stocks climbed for a third consecutive session Friday, Feb. 20, buoyed by the central bank’s recent pivot toward monetary easing and stabilizing currency. The Philippine Stock Exchange index (PSEi) gained 57.97 points, or 0.90 percent, to finish at 6,465.12. Financial stocks led the...
The Philippine Stock Exchange index (PSEi) declined for the third straight session on Monday, Feb. 16, as its investors cashed out before the Lunar New Year holiday and the Bangko Sentral ng Pilipinas ’ (BSP) policy meeting. The main index shed 16.03 points, or 0.25 percent, to close at...
The Philippine Stock Exchange index (PSEi) fell on continued profit-taking on Friday, Feb. 13, after the government reported a steep fall in foreign investment pledges. The main index dropped 86.67 points, or 1.34 percent, to close at 6,384.58. Miners led the retreat across the board. Volume...
Local equities snapped a two-day winning streak on Thursday, Feb. 12, as investors moved to lock in gains from recent rally, tracking the broader retreat in global markets following strong United States (US) labor data. The Philippine Stock Exchange index (PSEi) declined 27.57 points, or 0.42...
The PSEi surged as the stronger Peso and rise in foreign investments fueled today’s rally. The main index jumped by 125.44 points or 1.98 percent to close at 6,474.60 with the Services sector leading the charge across the board. Volume was weak though at 754 million shares worth P6.86 billion as...
Local shares retreated on Wednesday, Feb. 4, as investors locked in profits ahead of inflation report, pausing a rally that had recently pushed the benchmark index above the 6,400 mark. The Philippine Stock Exchange Index (PSEi) fell 29.01 points, or 0.45 percent, to close at 6,372.95. Market...
Stocks surged on Tuesday, Feb. 3, reclaiming the 6,400 level as investors shrugged off recent volatility in favor of an optimistic growth outlook and a massive government spending plan. The benchmark Philippine Stock Exchange index (PSEi) climbed 104.88 points, or 1.67 percent, to finish at...
