The local stock market plunged as investors continue to lighten their portfolios before the Fed starts its meeting this week. The main index fell 177.72 points or 2.55 percent to close at 6,793.25 as the Mining and Oil sector led all indices in the retreat. Volume rose to 1.54 billion shares worth...
The local market fell as investors locked in gains while waiting for the US Federal Reserve’s meeting this week. The main index dropped 81.19 points or 1.15 percent to close at 6,970.97 as Miners led the retreat although Banks managed to advance. Volume rose to 1.21 billion shares worth P8.3...
The local stock market was up slightly after the US also reported a stronger than expected economic growth rate. The main index added 9.46 points or 0.13 points to close the week at 7,052.16 with the Mining and Oil counter posting the highest rise. Volume was still low at 1.12 billion shares worth...
The local stock market weakened despite the announcement of stronger-than-expected economic growth in the fourth quarter as investors sold on news. The main index lost 38.66 points or 0.55 percent to close at 7,042.70 with the Services counter leading all sectors down. Volume remained weak at 1.34...
The local stock market was up on the back of stronger US corporate earnings which translated gains in US equities. The main index rose 39.86 points or 0.57 percent to close at 7,081.36 as the Services sector led the advance with only the Mining and Oil counter retreating. Volume eased further to...
The local stock market declined after a stronger start as investors wait for more economic news, particularly the gross domestic product (GDP) report. The main index lost 28.18 points or 0.40 percent to close at 7,041.50 with only the Industrial sector advancing. Volume dropped to 1.96 billion...
Prime Integrated Waste Solutions Inc. (PWS), a subsidiary of the Razon Group’s Prime Infrastructure Capital Inc. (Prime Infra), has completed its acquisition of Cebu-based ARN Central Waste Management, Inc. (ACI). In a statement, Prime Infra said the acquisition was sealed during a ceremonial...
The local stock market overcame early weakness to end slightly higher while investors wait for market moving news. The main index added 13.06 points or 0.19 percent to close at 7,069.68 with sectoral indices evenly split. Volume was firm at 1.24 billion shares worth P8.35 billion as gainers edged...
The newly-completed P29 million flood mitigation structure in the coastal town of San Juan, La Union has provided protection to the millions of residents including tourists in the area known as the “Surfing Capital of Northern Philippines,” the Department of Public Works and Highways (DPWH)...
The local stock market continues to follow the lead of US bourses and ended the last trading day of the week just slightly in the red. The main index shed 5.39 points or 0.08 percent to close at 7,056.62 with sectoral indices evenly split. Volume was lower at 1.56 billion shares worth P6.86 billion...
Local share prices eased as weakness in US bourses weighed down investor sentiment. The main index shed 32.85 points or 0.46 percent to close at 7,062.01 as Banks led the retreat while the Mining and Services counters moved up. Volume was slightly lower at 1.87 billion shares worth P7.03 billion as...
The local stock market bounced back, gaining more strength in late trades on the back of growing optimism about the Philippine economy. The main index rose 80.82 points or 1.15 percent to close at 7,094.86 as the Services sector led the advance. Volume was lower though at 991 million shares worth...
