The local stock market was again saved by last-minute buying to close higher after early losses. The main index inched up by 9.52 points or 0.13 percent to close at 7,134.36 although only the Industrial and Holding Firms sectors managed to advance while the rest retreated. Volume was low at 768...
Through its Special Assistance for Recovery and Alleviation (SARA) program, the Cooperative Development Authority (CDA) granted financial assistance to typhoon-hit cooperatives in the Philippines. The initiative, according to CDA on Monday, March 28, aims to provide assistance for micro and small...
Analysts are cautiously optimistic about prospects at the local stock market given the resilience showed by the PSEi last week although risks posed by global supply disruptions and inflation remain. Last trading week, the local market managed to close still at its 7,000 - 7,100 support range. Also,...
Senator Sherwin "Win" Gatchalian has urged the Securities and Exchange Commission (SEC) to expedite the creation of a new office to deal with regulation and monitoring of financing and lending firms. Gatchalian on Friday also called for the crackdown on abusive and illegal lenders. His call came...
CAGAYAN --The Provincial Government of Cagayan (PGC) has distributed financial assistance for hog raisers in seven towns affected by African Swine Fever (ASF). Acting Provincial Veterinarian Dr. Noli Buen reported to the Cagayan Provincial Information Office that around 105 hog raisers received...
The local stock market firmed up on optimism over the government’s new agenda to boost the economy. The main index rose 73.18 points or 1.04 percent to close at 7,082.61 as the Mining and Oil counter surged while Banks and the Property sector retreated. Volume improved to 15 billion shares worth...
Qualified solo parents in Navotas City have received financial assistance from the city government on Tuesday, March 22. The “Saya All, Angat All Tulong Pinansyal ng LGU ng Navotas para sa mga Solo Parents” is also part of the city government’s series of pandemic recovery programs. “We want...
The PSEi managed to end flat on low volume as investors pushed the benchmark back to the green towards the end of the session. The main index eked out a fractional gain of 0.49 of a point or 0.01 percent to close at 7,009.43 with sectoral indices evenly mixed. Volume dropped to 1.4 billion shares...
The local stock market recovered from the previous day’s losses as investors picked up bargains late in the session. The PSEi rose 52.34 points or 0.75 percent to close at 7,008.94 as Banks led the advance while the Industrial and Mining and Oil counters lagged behind. Volume weakened to 1.11...
The local stock market closed below the 7,000 level despite early gains as investors noted the rise in oil prices. The main index dropped 50.03 points or 0.73 percent to settle at 6,956.60 as the Mining and Oil counter led the retreat while the Services sector managed to advance. Volume was weaker...
The local stock market is seen to remain volatile this week due to the ongoing invasion of Ukraine by Russia and its impact on oil prices and inflation. “We may still see a turbulent week ahead for the local market amid the lingering uncertainties on the Russia - Ukraine conflict,” said...
Share prices gave up the previous day’s gains to end the week lower as investors were quick to take profit amid uncertainties in Europe. The main index fell by 114.82 points or 1.61 percent to close at 7,007.63 on Friday, March 18, as Banks led the retreat while only the Mining and Oil counter...
