The local stock market fell in anticipation of a spike in the June inflation rate while the peso continues to weaken. The main index dropped 94.57 points or 1.49 percent to close at 6,255.37 as Conglomerates and Banks led the retreat although the Mining and Oil counter managed to advance....
The local stock market declined as investors pocket gains while waiting for more news. The main index lost 38.70 points or 0.61 percent to close at 6,349.94 with sectoral indices evenly mixed. Volume improved slightly but remained thin at 955 million shares worth P4.19 billion as losers beat...
The local stock market ended slightly higher a strong start as investors were quick to pocket gains made on the back of prospects of lower pump prices next week. The main index inched up 9.50 points or 0.15 percent to close at 6,361.82 as the Industrial sector led the advance while Conglomerates...
The local stock market succumbed to profit-taking after its strong bounce that started last week. The main index fell 92.69 points or 1.44 percent to close at 6,352.32 as the Industrial sector led all indices in the retreat. Volume dipped to 708 million shares worth P4.69 billion as losers outpaced...
The local stock market continued to rally as investors cheered falling oil prices in the world market. The main index surged 135.02 points or 2.14 percent to close at 6,445.01 as Conglomerates led the advance although the Mining and Oil counter retreated. Volume improved to 915 million shares worth...
The local stock market jumped after the government announced the June inflation rate. The main index rose 126.37 points or 2.04 percent to close at 6,309.99 as the Property sector led the advance across the board. However, volume stayed thin at 509 million shares worth P3.98 billion as gainers beat...
The Philippine Stock Exchange index (PSEi) posted a modest gain amid thin trades due to selective bargain hunting in heavyweight stocks. The main index added 18.27 points or 0.30 percent to close at 6,183.62 although sectoral indices were evenly mixed with gains posted mostly by Banks. Volume...
Italpinas Development Corporation (IDC)has decided to buy out its partner Lanvin Natural Resources Corporation’s stake in the joint venture for the P1.8 billion expansion of IDC’s Batanas residential project. In a disclosure to the Philippine Stock Exchange, Italpinas said it has executed a...
Cherry-picking allowed the PSEi to end slightly higher on the first trading day of the second semester. The main index inched up 9.92 points or 0.16 percent to close at 6,165.35 as the Mining and Oil sector led the advance although the Industrial counter dropped. Volume fell to 508 million shares...
The Philippine Stock Exchange index (PSEi) plunged despite some end-of-semester window-dressing as investors worry over rising inflation and interest rates. The main index fell 147.76 points or 2.34 percent to close at 6,155.43 with the Services sector leading the decline although the Industrial...
The local stock market declined as cautious investors were quick to pocket small gains made in the past two days. The main index dropped 42.22 points or 0.67 percent to close at 6,303.19 with the Property counter leading the losses although indices were evenly mixed. Volume weakened to 532 million...
Local share prices rose with improving sentiment across global markets. The main index jumped 106.59 points or 1.71 percent to close at 6,345.41 as the Services sector led the advance with only Banks lagging behind. Volume improved to 847 million shares worth P7.46 billion as gainers beat losers...
