The local stock market managed to sustain the previous day’s rally despite a weak start as investors continued to buy up shares. The main index rose 71.06 points or 1.01 percent to close at 7,080.62 with only the Services and Mining and Oil counters retreating. Volume eased to 3.9...
Photo credit: (https://www.pse.com.ph/) The local stock market bucked expectations of further corrections and surged on the first trading day of December, kicking off what many hope will continue into a Christmas rally. The PSE soared 218.10 points or 3.21 percent to close at 7,009.56 as the...
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...
The Securities and Exchange Commission (SEC) has approved an industry-specific framework for the preparation of the audited financial statements (AFS) of financial institutions to account for the regulatory relief measures extended to them during the pandemic. SEC Memorandum Circular No. 32, Series...
The local stock market breached the 7,000 level again on renewed optimism among investors. Photo credit: (https://www.pse.com.ph/) The main index rose 92.64 points or 1.33 percent to close at 7,051.78 with only the Mining and Oil counter retreating. Volume remained high at 12.34 billion shares...
The local stock market ended slightly lower on some profit-taking after the spike in prices during the previous session. The PSEi shed 11.22 points or 0.16 percent to close at 7,024.26 with the Holding Firms and Services counters retreating. Volume surged to 2.29 billion shares worth P27.77 billion...
The country’s top corporations have shown that they have been walking the talk even before signing the Covenant for Shared Prosperity wherein they have sacrificed profitability in order to take care of their stakeholders and ensure sustainability....
The local stock market continued to rally on the back of gains in US bourses and hopes of a recovery in the local economy. (Photo credit: https://www.pse.com.ph) The main index jumped 180.72 points or 2.80 percent to close at 6,644.77 although the Mining and Oil counter retreated. Volume rose to 5...
The local stock market surged at the start of the US elections as investors look forward to an end in the guessing game over who will lead the world’s most influential economy in the next four years. The PSEi rose 128.49 points or 2.03 percent to close at 6,464.05 as share prices rose...
All eyes will be on the outcome of the US elections this week while third quarter earnings and lingering concern over COVID-19 will provide cues at the local front. Traders work beneath an electronic ticker at the trading floor of the Philippine Stock Exchange in Bonifacio Global City...
