The local stock market moved sideways while waiting for the Bangko Sentral meeting which started after trading ended. The main index inched up 5.64 points or 0.08 percent to close at 6,824.63 with sectoral indices evenly mixed. Volume rose to 909 million shares worth P13.76 billion as losers...
The local stock market finally took a breather as investors pocketed gains from a 7-day rally. The main index dropped 31.65 points or 0.46 percent to close at 6,818.99 as the Industrial sector led the retreat while Conglomerates and Mining firms continued to advance. Volume was still hefty at 1.17...
The local stock market rallied past the 6,800 level on some foreign buying. The main index jumped 112.80 points or 1.67 percent to close at 6,850.64 with Banks leading the charge. Volume rose to 967 million shares worth P8.89 billion as gainers beat losers 111 to 91 with 35 unchanged. 92486...
GT Capital Holdings, Inc., the investment arm of the Ty family, reported a 39 percent growth in its core net income to P8.1 billion for the first half of 2022 from P5.8 billion in the same period last year. In a disclosure to the Philippine Stock Exchange, the conglomerate said its consolidated net...
The local stock market continued to rally on growing optimism that inflation may soon ease. The main index rose 38.18 points or 0.57 percent to close at 6,737.84 as Conglomerates led the advance although the Services and Industrial counters lagged behind. Volume dipped to 1 billion shares P5.49...
Cosco Capital, Inc. and subsidiaries reported a 12 percent growth in consolidated net income to P5.59 billion in the first half of 2022 from P4.99 billion in the same period last year despite challenges from the lingering macro-economic impacts on business. In a disclosure to the Philippine Stock...
Things are about to get even more exciting for Colourette and Fresh Formula It takes a lot of courage to become an entrepreneur, more so when your products are very well-received by consumers. It’s a 24/7 job with sleepless nights thinking of how to lead the company and your employees to the next...
FACE MASK (Unsplash) The Department of Health (DOH) said that Metro Manila and the Cordillera Administrative Region (CAR) are now under the moderate-risk classification for Covid-19 transmission. DOH Officer-in-Charge Maria Rosario Vergeire said that all areas in the Philippines are still...
The local stock market fell after the government announced a higher-than-expected rise in the consumer price index. The main index lost 77.61 points or 1.2 percent to close at 6,405.50 with the Property sector leading the decline across the board. Volume jumped to 712 million shares worth P12.71...
The local stock market rose for the third day as corporate earnings continue to buoy investor sentiment. The PSEi added 53.03 points or 0.82 percent to close at 6,483.11 as the Services sector led the rally across the board. Volume was relatively stable at 591 million shares worth P5.84 billion as...
The local stock market kicked off August by managing to end flat after recovering from a drop earlier in the day. The main index was lower by just 3.90 points or 0.06 percent to close at 6,312.03 although sectoral indices were evenly mixed. A total of 434 million shares worth P5.16 billion changed...
The PSEi dropped in the last trading day of the month as investors took profit from the previous day’s spike in prices. The main index lost 63.33 points or 0.99 percent to close at 6,315.93 as Conglomerates led the retreat although the Banks and Services counters continued to advance....
