The local stock market jumped on further bargain hunting as investors cheered a series of good news. The main index rose 118.49 points or 1.63 percent to close at 7,401.16 as telcos and banks led the rally across the board. 48245 Volume improved to 1.55 billion shares worth P9.28 billion as gainers...
Presidential aspirant Vice President Leni Robredo has this to say about money management: save and don’t splurge on unnecessary things. Vice President Leni Robredo (OVP) She told the mentees of Go Negosyo who joined its “Go Nego Show Kandidatalks” that they should use their money well and...
The local stock market managed to end flat after starting the week in the red with investor sentiment stuck in the doldrums. The main index eked out a 2.1-point or 0.03 percent gain to close at 7,282.67 with only the Financials and Mining and Oil counters advancing while most sectors retreated....
Stock market investors are seen to remain cautious this week as it does not have any major announcement scheduled that may affect sentiment. “Next week, the overall sentiment is expected to remain cautious as investors wait for catalysts for the market,” said Philstocks Financial Senior...
The PSEi continued its losing streak as sentiment weakened overnight while investors wait for fresh leads at the domestic front. The main index dropped 50.48 points or 0.69 percent to close at 7,299.34 as Banks and Miners led the retreat although the Property counter managed to eke out a small...
The local stock market weakened further as investors wait for the outcome of the policy meeting of the Monetary Board on Thursday, Nov. 18. The Philippine Stock Exchange index shed 17.6 points or 0.24 percent to close at 7,349.82 on Wednesday, Nov. 17, with sectoral indices evenly mixed as the...
The Paranaque City government distributed financial assistance to about 3,400 college scholars amounting to P7,000 to P10,000 on Nov. 16. Mar Jimenez, Public Information Office head, said the 3,400 college scholars were given financial assistance from the city government to help them cope with...
The Department of Finance (DOF) wants financial technology (Fintech) companies in the country to be properly regulated and taxed while encouraging the sector’s growth and continued innovation. In a statement, DOF Secretary Carlos G. Dominguez III said Tuesday, Nov. 16, that he has tasked the...
Not a lot of companies draw a direct line between the financial well-being of their employees and their performance at work. This is something that on-demand salary access provider, Advance, aims to address with their Advance Mag-isip campaign. The Advance Mag-isip campaign is a series of...
The local stock market saw some profit-taking at the start of the week as investor sentiment was weighed down by negative news from overseas. The main index dropped 40.47 points or 0.55 percent to close at 7342.37 as the Mining and Oil counter fell while only the Holding Firms sector managed to...
Stocks to take cues from politics, COVID cases James A. Loyola The local stock market is seen to be swayed by recent political developments this week although investors continue to be optimistic amid the reopening of the economy and the generally positive corporate results for the third quarter....
The local stock market bounced from its two-day correction yesterday as investors continue to regain optimism. The Philippine Stock Exchange index (PSEi) rose 51.19 points, or 0.70 percent, to close at 7,382.84 although sectoral indices were evenly mixed with Property stocks leading the advance...
