The local stock market bounced off last week’s losses on bargain-hunting spurred by upbeat US bourses. PH STOCKS The main index rose 78.95 points or 1.15 percent to close at 6,913.87 as the Services and Mining and Oil counters led the advance across the board. Volume remained tepid though with...
The local stock market ended the week in a low note, giving way to corrective pressures on concern over the threat posed by the COVID -19 Delta variant to the global economy. PH STOCKS The main index fell 90.07 points or 1.30 percent to close at 6,834.92 after trading much lower intraday. Holding...
The local stock market declined for the third day due to absence of market-moving news. The PSEi dipped 18.01 points or 0.26 percent to close at 6,924.99 with only the Services and Mining and Oil counters advancing. PH STOCKS Volume remained thin at 1.36 billion shares worth P5.04 billion as losers...
To improve literacy of Filipinos, the Department of Education (DepEd) has expanded and intensified the integration of financial education in the K to 12 Basic Education Curriculum. To help improve literacy of Filipinos, DepEd expands financial education in K to 12. (Photo from DepEd) “Financial...
Foreign and local business groups in the country have urged the passage of 17 priority bills by the 18th Congress during its third and final session year that will commence on July 26. The letter sent to President Rodrigo Duterte was signed by 15 business groups, including eight Philippine...
The local stock market continued to lose ground after failing to stay above the 7,000 level. The PSEi shed 49.43 points or 0.71 percent to close at 6,943.00 as share prices fell across the board with the Services counter leading the retreat. PH STOCKS Volume was anemic at 1.7 billion shares worth...
The local stock market weakened despite the announcement of a lower inflation rate as investors opted to sell on news. PH STOCKS The main index dropped 43.95 points or 0.62 percent to close at 6,992.43 with the Property sector registering the biggest decline while the Services counter was the only...
All the six financial service providers (FSPs) that were tapped in 2020 to undertake digital electronic disbursement of second tranche of emergency cash subsidies under Social Amelioration Program (SAP) through restricted transactional accounts hurdled the Bangko Sentral ng PIlipinas’ (BSP)...
Local share prices rose, as they continue to ride on a wave of growing optimism among investors. The PSEi added 34.12 points or 0.49 percent to close at 7,036.38 as the Industrial and Property indices led the advance with only the Financials counter retreating. However, volume dropped to 1.79...
Stock market investors will be watching out for the June inflation figure to be released this week while becoming more optimistic as COVID-19 starts to ease and the vaccination drive gains momentum with the arrival of vaccines ordered by the private sector. “The improving COVID-19 situation in...
The local stock market rebounded on the back of the release of stronger jobs and production data. The PSEi gained 62.10 points or 0.90 percent to close at 6,964.01 as the Mining and Oil counter led the rise across the board. 16459 Volume surged to 2.93 billion shares worth P13.52 billion as...
The local stock market dropped after approaching the 7,000 resistance level as investors chose to pocket gains rather than push up share prices. PH STOCKS The main index lost 54.74 points or 0.79 percent to close at 6,901.91 as the Property sector led the retrear although sub-indices were evenly...
