The local stock market surged past the 7,000 level as investors celebrated positive reports on breakthrough in COVID-19 vaccines. The Philippine Stock Exchange index (PSEi) leaped 349.63 points, or 5.23 percent ,to close at 7,035.48 as share prices rose across the board with the Holding Firms...
The local stock market surged at the start of the US elections as investors look forward to an end in the guessing game over who will lead the world’s most influential economy in the next four years. The PSEi rose 128.49 points or 2.03 percent to close at 6,464.05 as share prices rose...
The share price of broadband internet service provider Converge Information and Communications Technology Solutions Inc. dropped upon its debut at the Philippine Stock Exchange. Converge shares closed at P15.22 per share, 9.4 percent lower than its initial public offering price of P16.80...
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 chalked up a small gain yesterday as most investors are still sitting in the sidelines. The Philippine Stock Exchange index (PSEi) gained 13.03 points, or 0.22 percent, to close at 5,938.33 with the Industrial and Services counters retreating. Volume fell to 1.18 million...
The local stock market ended flat yesterday as investors remain cautious amid lack of fresh news. The Philippine Stock Exchange index (PSEi) eked out a gain of 2.07 points, or 0.03 percent, to settle at 5,925.30 with only the Holding Firms and Services counters in the red. Volume improved to 2.79...
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 posted a small gain yesterday on quarter-end window-dressing. The Philippine Stock Exchange index (PSEi) added 22.63 points, or 0.39 percent, to close at 5,864.23 although the Financials and Industrial counters retreated. Volume remained weak at 1.07 billion shares worth...
Local stock prices weakened yesterday as investors continue to wait for market moving news. The Philippine Stock Exchange index (PSEi) dropped 19.79 points, or 0.34 percent ,to close at 5,841.60 with sectoral indices evenly split between advancers and decliners. Volume was slightly higher at...
The local stock market declined on Tuesday despite some late bargain hunting. The Philippine Stock Exchange idex (PSEi) dropped 15.04 points, or 0.26 percent, to 5,894.28 with only the Holding Firms and Services sectors steady. Volume remained low at 4.4 billion shares worth ₱4.63 billion as...
