The local stock market opened the week strong as investors take positive cues from local and global economic data. The main index rose by 88.76 points or 1.48 percent closing at 6,078.03 with all sectoral indices except for the Industrial sector seeing gains. Volume of shares traded...
The outcome of the local market next week is expected to heavily hinge on the announcement of the October inflation rate, with investors bracing for the impact of the key local economic data on Tuesday, Nov. 7. China Bank Capital Corp. Managing Director Juan Paolo Colet said that “investors...
Happy driving days will continue for Filipino consumers next week as oil prices will continue to track downtrend at the domestic pumps, according to the calculation of the oil companies. Based on the estimates of the industry players, the price of diesel in particular will have a heftier rollback...
Following a positive trading day on Tuesday, the local stock market ended the week on a high note as the US Federal Reserve’s decision to retain the five percent rate of the US Treasury yield relieves investors. The main index grew by 15.49 points or 0.26 percent closing at 5,989.27 with all...
After suffering consecutive losses, the local stock market slightly recovered as investors buy cheaper stocks in this week’s remaining two trading days. The main index marginally rose by 11.79 points or 0.20 percent closing at 5,973.78, with the Industrial and Mining and Oil sectors seeing losses...
The local stock market saw a second-day slump as corporate earnings reports for the third quarter of the year garner mixed sentiments from investors. The main index dropped by 56.50 points or 0.94 percent closing at 5,961.99 with all sectoral indices suffering losses between 0.20 to 1.30 percent....
The local market retreated after posting gains in the previous day as investors anticipate the Bangko Sentral ng Pilipinas' (BSP) decision to impose an off-cycle rate hike. The main index dropped by 36.01 points or 0.60 percent closing at 6,018.49 with losses seen in all sectoral...
The local stock market slightly recovered from a nearly week-long consecutive low as the release of corporate earnings for the third quarter fuels investor optimism. The main index rose by 14.78 points or 0.25 percent closing at 6,054.50 with the Financials, Industrial, and Holding Firms...
The local market sank further as investors continue to disengage due to negative global outlooks. The main index dropped by 48.72 points or 0.80 percent closing at 6,039.72 with all sectoral indices down for the second consecutive day. Total volume of shares traded was 276 million worth...
The local stock market fell at the start of the week as potential interest rate hikes continue to drag out investors’ sentiments. The main index dropped by 54.46 points or 0.86 percent closing at 6,088.44, with all sectoral indices in red, notably the Mining and Oil and Industrial sectors taking...
The local stock market ended the week down as investors are wary of climbing inflation rates in the US. The main index dropped by 76.26 points or 1.23 percent closing at 6,142.90 with all sectoral indices in red, and the Mining and Oil sector severely plummeting by 655.58 points or 6.05...
The local stock market sank further as investors brace for higher US treasury yields. The main index dipped by 49.11 points or 0.78 percent closing at 6,219.16 with all sectoral indices in red except for the Property sector. Total volume of shares traded amounted to 575 million valued at P4.2...
