The Philippine Stock Exchange index (PSEi) notched up another gain after investor sentiment got a boost from news that China is taking steps to increase consumption. The main index added 12.08 points or 0.19 percent to close at 6,306.19 on Monday, March 17, although only conglomerates and services...
The local stock market continued to firm up as investors pick up bargains on hopes of earlier rate cuts after both US and Philippine inflation rates eased. The main index hiked 52.04 points or 0.83 percent to close at 6,294.11 with the Property sector leading the advance while only Conglomerates...
The local stock market dipped although the arrest of former President Rodrigo Duterte was not seen to have affected investor sentiment. The main index shed 11.29 points or 0.18 percent to close at 6,195.26, weighed down by the services sector, although sub-indices were evenly divided. Volume...
The local stock market finally buckled under profit-taking after a six-day rally, as investors grew jittery over US President Trump’s shifting tariff policies. The main index plunged 154.22 points, or 2.42 percent, to close at 6,206.55, on Tuesday, March 11, with the Property sector leading...
The PSEi’s winning streak is in its sixth day as investors hopes for a rate cut has been revived after the inflation rate eased. The main index rose by 62.48 points or 0.99 percent to close at 6,360.77, as miners led all sectors higher. Volume was relatively steady at 627 million shares worth...
The local stock market rally marked its fifth day, capping a week of recovery with a strong gain as positive corporate earnings and recent economic data supported investor confidence. The main index rose by 78.33 points or 1.26 percent to close at 6,298.29, led by the jump of the services sector,...
Amid declining casino revenues, Razon-led Bloomberry Resort Corp., owner and operator of the two Solaire and the Jeju Sun integrated resorts, is rolling its dice in the online gaming table. Sharing its online gaming plan with stock analysts, Bloomberry said it will fully launch its online gaming...
The local stock market strengthened as investor sentiment got a boost from easing inflation and a delay in the tariff war started by the United States (US) against Canada and Mexico. The main index surged by 98.19 points or 1.6 percent to close at 6,219.96 as miners led the rally across the board....
Local share prices rose as investor sentiment were buoyed by encouraging inflation numbers for February. The PSEi jumped 57.66 points or 0.95 percent to close at 6,121.77, led by the surge in the property index while the services sector dipped. Volume was strong at 588 million shares worth ₱7.35...
The local stock market rose further as investors picked up cheaper stocks ahead of Wednesday’s announcement of the inflation rate for February. The main index added 26.92 points or 0.45 percent to close at 6,064.11, led by the strength of the mining and banking sectors, while the conglomerate and...
The Philippine Stock Exchange index (PSEi) recovered some ground but settled below the day’s high as investors bet on a lower inflation rate to be announced on Wednesday. The main index added 39.22 points or 0.65 percent to close at 6,037.19 as conglomerates led the advance while the services and...
LT Group Inc., the holding company of taipan Lucio Tan, reported a 14 percent improvement in attributable net income to a record high of ₱28.92 billion last year from the ₱25.42 billion reported in 2023 on the back of strong growth in its tobacco, banking, liquor, and beer businesses. In its...
