The local stock market plunged after the government announced lower-than-expected GDP figures for the first quarter. The main index fell 116.72 points or 1.75 percent to close at 6,542.46 as Conglomerates led the retreat although the Industrial counter managed to advance. Volume was higher at 491...
The local stock market advanced on positive trade and employment data. The main index rose by 40.60 points or 0.61 percent to close at 6,659.18 although sectoral indices were evenly divided. Volume improved to 434 million shares worth P5.98 billion as gainers outnumbered losers 99 to 91 with 40...
The local stock market weakened after the government reported that the inflation rate rose again in April. The main index shed 33.91 points or 0.51 percent to close at 6,618.58 with sectoral indices evenly divided. Volume jumped to 7.9 billion shares worth P11.5 billion as losers beat gainers 98 to...
The local stock market rose a day before the government releases the April inflation data as upbeat first quarter corporate results start trickling in. The main index hiked 36.94 points or 0.56 percent to close at 6,652.49 led by the Industrial sector while the Property counter remained weak....
Concern over higher inflation for April continued to weigh on the local stock market. The main index declined 31.00 points or 0.47 percent to close at 6,615.55 due to the weakness of the Property and Services counters as most other sectors were in the green. Volume rose to 764 million shares worth...
Jollibee Foods Corporation, one of the largest Asian food service companies, is amending its Articles of Incorporation so it can no longer directly own real estate, a move that will pave the way for more foreign shareholders in the most successful homegrown Filipino brand. In a disclosure to...
The local stock market weakened as investors took profits before trading stops for Labor Day. The main index dropped 69.15 points or 1.02 percent to close at 6,700.49 as the Property counter led the retreat across all sectors. Volume surged to 1.4 billion shares worth P20.13 billion due to a block...
The local stock market surged on the back of window dressing and the further easing of tension in the Middle East. The main index jumped 140.89 points or 2.13 percent to close at 6,769.64 led by the strength of Banks although Miners retreated. Volume rose to 603 million shares worth P5.32 billion...
Despite the decline in US stocks, the local bourse rose further on bargain hunting amid rosy first quarter earnings reports. The main index added 53.87 points or 0.82 percent to close at 6,628.75 led by the strong jump of the Industrial sector while the Services counter was slightly lower. Volume...
The benchmark PSEi was almost unchanged after bargain hunters took a break while waiting for cues from economic data and more first quarter earnings reports. The main index inched up 2.13 points or 0.03 percent to close at 6,574.88 led by gains of the Mining sector while the Property and Services...
The local stock market rose further as investors continued bargain hunting following gains in US bourses. The main index jumped 65.95 points or 1.01 percent to close at 6,572.75 as Conglomerates led the charge although Banks lagged behind. Volume was higher at 1.13 billion shares worth P6.07...
The local stock market rose as it appears that the conflict between Israel and Iran has been doused, causing oil prices to drop. The main index added 62.72 points or 0.97 percent to close at 6,506.80 with the Industrial counter leading the advance across the board. Volume firmed up to 554 million...
