Philippine share prices retreated after US markets opened the year in the red on concerns over COVID-19 and the run-off elections in Georgia. The main index lost 63.32 points or 0.88 percent to close at 7,134.18 with only the Industrial counter holding its ground. Volume increased to 30.76 billion...
Stock market investors started the new year with optimism, pushing the main index up on the first trading day of 2021. Photo credit: (https://www.pse.com.ph/) The PSEi rose 57.79 points or 0.81 percent to close at 7,197.50 with only the Financials sector retreating. A hefty 21.55 billion shares...
Local share prices continued to weaken due to concern over the rising number of cases of a new strain of COVID in the UK. (Photo credit: https://www.pse.com.ph) The main index shed 22.50 points or 0.31 percent to close at 7,202.39 with only the Property index rising. Volume was higher at 22.72...
The Securities and Exchange Commission (SEC) is giving real estate companies more time to assess implementation issues amid the COVID-19 pandemic by further deferring the application of certain accounting rules until 2023. The Commission said it decided to defer the application of Philippine...
The PSEi surged to just a hair shy of the 7,300 level after government reported higher remittances from overseas Filipinos. (Photo credit: https://www.pse.com.ph) The main index jumped 71.97 points or 1.00 percent to close at 7,299.70 although the Services sector was in the red. Volume was slightly...
The local stock market continued to rise as investor sentiment remains buoyant. Photo credit: (https://www.pse.com.ph/) The main index gained 35.19 points or 0.49 percent to close at 7,281.35 with only the Property counter retreating. Volume was slightly lower at 46.02 billion shares worth P8.93...
The Philippine Stock Exchange is offering to sell up to a 5 percent stake in bourse to a strategic investor such as the Singapore Stock Exchange is already its partner in the Philippine Dealing System group. In an interview after the PSE’s annual stockholders’ meeting, PSE President Ramon S....
The local stock market continued to surge on heightened optimism over COVID-19 vaccines and prospects of a US Stimulus plan. Photo credit: (https://www.pse.com.ph/) The main index jumped 113.51 points or 1.60 percent to close at 7,194.13 with only the Services sector retreating. Volume rose to 3.65...
Traders work beneath an electronic ticker on the trading floor of the Philippine Stock Exchange in Bonifacio Global City (BGC) Metro Manila, the Philippines. (Bloomberg FILE PHOTO) The local stock market fell as foreign funds cash in and leave for greener pastures. The main index dropped 107.16...
The local stock market was barely higher after investors were quick to cash out after early gains. The main index gained 8.83 points or 0.12 percent to close at 7,178.62 with only the Services and Property counters in the red. Volume was weaker at 9.35 billion shares worth P9.56 billion as gainers...
The local stock marker weakened as investors remain cautious and are quick to take profit. The PSEi dropped 54.16 points or 0.77 percent to close at 6,997.62 with only the Financials counter advancing. PSE file photo (Photo credit: https://www.pse.com.ph) Volume increased to 11.78 billion shares...
