The local stock market rose as investors followed through on the previous day’s late bargain hunting. The main index jumped 113.75 points or 1.76 percent to close at 6,560.06 with miners and banks leading the charge. Volume improved but was still low at 799.68 million shares worth P4.89 billion...
The local stock market bounced back as investors turned into bargain hunters late in the session. The main index jumped up 176.08 points or 2.81 percent to close at 6,446.31 as the Holding Firms and Property counters led the advance while the Mining and Oil sectors was the only one that retreated....
At least 5,000 public utility vehicle (PUV) drivers and conductors at the Parañaque Integrated Terminal Exchange (PITX) are expected to get vaccinated against the coronavirus disease (COVID-19) as part of the inoculation program for transport workers of the Department of Transportation's (DOTr)....
The local stock market plunged after the government announced a hard lockdown just a few days after saying it is not necessary. The main index fell 226.30 points or 3.48 percent to close at 6,273.23 with the Property and Holding Firms counters suffering the biggest losses. Volume improved to 1.81...
The Securities and Exchange Commission (SEC) has launched the PhiliFintech Innovation Office (PIO) to pave the way for more innovations in the fintech industry to further promote financial inclusion while also protecting investors and other financial consumers. The PIO is under the SEC’s...
The local stock market paused from its slide following gains in the US and the announcement of quarantine measures that were less stringent than feared. The PSEi gained 23.50 points or 0.36 percent to close at 6,496.53 with the Mining and Oil counter leading the advance of all sectors. Volume...
While it already expects record high listing activities this year, the Philippine Stock Exchange is preparing to launch new rules and products that will further stir up trading at the local bourse. During the PSE’s Mid-Year Stock Market Briefing, PSE President Ramon S. Monzon said plans include...
After a single day bounce, Philippine share prices weakened again amid calls for a hard lockdown to prevent a surge that may be fuelled by the Delta variant. The main index lost 49.55 points or 0.76 percent to close at 6,473.03 as banks and Industrials led the drop across the board. Volume was...
Local share prices rebounded after investors bought up stocks that have been sold down in the past week. The PSEi surged 149.97 points or 2.35 percent to close at 6,522.58 as the Property and Mining and Oil counters led the rally across the board. 22315 Volume remained weak though at 1.17 billion...
Philippine share prices continue to dive ahead of the President’s state of the nation address even as more new local cases of the Delta variant are reported. The main index fell 148.13 points or 2.27 percent to close at 6,372.61 as blue chip holding firms and banks led the sell-off. PSE-BGC-...
Since it’s maiden public offering 30 years ago, the market capitalization of real estate giant Ayala Land Inc. has ballooned to over P500 billion from P42 billion, making ALI among the largest companies in the Philippine Stock Exchange Index. The Philippine Stock Exchange, Inc. (PSE) and ALI have...
Every day at rush hour, in any major intersection in Metro Manila, you’ll be greeted by the same familiar scene — throngs of people lined up along the streets trying to catch a ride home. It’s a reality that has perplexed urban planners, transportation providers, and local government alike....
