The local stock market sustained last week’s winning streak on Monday, with the PSEi hitting its highest level so far this year, as investors remained bullish amid the downtrend in COVID cases and the coming announcement of the Philippine gross domestic product. The main index added 55.45 points...
The Financial Executives Institute of the Philippines (FINEX) has lauded the government’s decision that lowered Metro Manila’s quarantine status to a more relaxed alert level. In a statement, Francisco Ed Lim, FINEX president said the National Capital Region’s (NCR) shift to Alert Level 2...
After breaching the 7,300 level, the local stock market is seen to test its strength further this week to see if it can reach the 52-week high of 7,432.40 for the Philippine Stock Exchange Index (PSEi). “While last week’s rally could invite selling pressures, the market is still seen to have an...
The local stock market surged to end the week at its highest level this year as investors cheered the lower-than-expected inflation rate for October and the loosening of quarantine restrictions. The main index jumped 137.05 points or 1.90 percent to close at 7,340.77 as the Property and Services...
The Anti-Money Laundering Council (AMLC) has deputized the Philippine Drug Enforcement Agency (PDEA) as financial investigator, a move that is seen as a boost in the country’s fight against drug money launderers. In a statement, the Deputized Anti-Money Laundering Council Financial Investigators...
The PSEi sustained its rally for the third session this week, boosted by positive corporate earnings reports. The main index added 19 points or 0.26 percent to close at 7,203.72 as the Mining and Oil counter bounced back and led the advance across the board. PSE_NEW Volume was steady at 4.69...
OF SUBSTANCE AND SPIRIT Diwa C. Guinigundo It is always good for public authorities to check their bearing before continuing their journey. It might be too late to reverse course. We recall almost 10 years ago when inclusive growth became imperative becauseour economic growth, while...
The local stock market followed through on the previous day’s rally as upbeat investors bought up shares. The main index rose by 78.71 points or 1.11 percent to close at 7,184.72 with the Property sector leading the charge while the Mining and Oil counter was the only one in the red. 43349 Volume...
The local stock market bounced from last week’s drop as investors started picking up bargains on the back of stronger US bourses. The main index 51.31 points or 0.73 percent to close at 7,106.01 as Holding Firms led the advance while the Industrial and Mining and Oil counters retreated. PSE_NEW...
The local stock market is seen to start weaker due to the extension of quarantine measures although investors’ sentiment will also be swayed by the October inflation figure as well as corporate earnings reports. “The failed hopes of downgrading the National Capital Region’s alert level by...
The local stock market fell as investors cashed out ahead of the long weekend. The main index dropped 103.03 points or 1.44 percent to close at 7,054.70 as the Services and Property counters led the decline across the board. 42281 Volume was steady at 1.12 billion shares worth P7.7 billion as...
The Pasay City government distributed the financial assistance of P3,000 each to about 2,766 public elementary and highschool students of Padre Zamora Elementary School (PZES) on Thursday, Oct.28. Mayor Emi Calixto-Rubiano said the P3,000 financial assistance of the students from PZES covers the...
