Russian invasion, alert level to sway stocks By JAMES A. LOYOLA Russia’s invasion of Ukraine and its impact on global equities and other markets will continue to weigh on the local bourse although an easing of quarantine measures may give the PSEi a little boost. “Next week, the local market is...
Philstocks Financial is projecting that the Philippine Stock Exchange Index will reach 7,600 to 8,200 by the end of 2022 as corporate earnings are forecast to grow by 25 percent to 35 percent. “We are cautiously optimistic about the market this year. A bullish outlook remains given the recovery...
Teachers from around the Philippines recognized in accreditation program developed by Pru Life UK, Prudence Foundation, and JA Philippines Pru Life UK, together with its community investment arm in Asia and Africa, Prudence Foundation, and Junior Achievement (JA) Philippines, have certified over...
Local share prices fell again after Russia takes more aggressive steps in Ukraine while western powers remain on the sidelines. The main index plunged 151.98 points or 2.06 percent to close at 7,212.23 led by losses in the Industrial and Property sectors although Mining and Oil managed to buck the...
The PSEi dropped as countries impose sanctions against Russia after its troops moved into parts of Ukraine. The main index fell 76.70 points or 1.03 percent to close at 7,364.21 as the Property sector plunged, although the Services and Mining and Oil counters held their ground. Volume declined to...
The local stock market bucked the global downtrend and bounced back as cautious investors turned into bargain hunters. The main index rose 68.66 points or 0.93 percent to close at 7,440.91 as Holding Firms led gainers although Banks and Property issues were left behind. Volume rose to 3.13 billion...
Vice presidential aspirant Senate President Vicente Sotto III on Monday vowed to push for the creation of a database of farmers and other cottage industry players in the Philippines for the proper identification and distribution of government assistance. media Sotto said it is imperative for the...
The local stock market weakened further as the situation at the Russian and Ukranian border continue to heat up. The main index lost 46.54 points or 0.63 percent to close at 7,372.25 although sectoral indices were evenly mixed as conglomerates fell while property firms rally. Volume rose to 1.4...
The Pasay City government will start the distribution of financial assistance to around 13, 390 elementary and high school students on Monday (Feb. 21). Mayor Emi Calixto-Rubiano said each student will receive P4,000 cash aid covering the period of September to December 2021. The distribution of...
The Philippine Stock Exchange index ended slightly lower after a day of volatile trading. The main index dipped 13.89 points or 0.19 percent to close at 7,438.93 with sectoral indices evenly mixed. Volume dropped to 911 million shares worth P6.82 billion as gainers outpaced losers 107 to 77 with 56...
The local stock market bounces back following positive news overseas and in the domestic front. The main index jumped 142.88 points or 1.96 percent to close at 7,452.82 with the Property and Services sectors leading the rally across the board. Volume rose to 1.16 billion shares worth P9.53 billion...
Local share prices weakened amid growing tension between Russia and Ukraine as well as lingering concern over US interest rates. The PSEi shed 52.21 points or 0.70 percent to close at 7,309.94 as the Property sector led the retreat while the Holding Firms and Mining and Oil counters posted gains....
