The local stock market was slightly higher as investors wait for the US inflation numbers and results of the Bangko Sentral policy meeting. The main index eked out a 4.11 point or 0.06 percent gain with sectoral indices evenly split. Volume amounted to 498 million shares worth P4.92 billion as...
The local stock market bounced on strong investments data and hope for lower US inflation numbers. The main index jumped 92.32 points or 1.42 percent to close at 6,604.25 as the Services banking sectors surged. Volume was hefty at 947 million shares worth P11.01 billion as gainers beat losers 118...
Investors in the local stock market will be taking cues from the Bangko Sentral ng Pilipinas policy meeting this week. “The BSP is expected to keep rates steady (in its meeting on May 16), but stubborn inflation figures in April is making the speculation more interesting especially in light of...
BACOLOD CITY – The Provincial Social Welfare and Development Office of Negros Oriental turned over financial assistance amounting to P60,000 to 12 former members of the New People’s Army (NPA) last week. TWELVE former New People’s Army rebels received a total of P60,000 in financial...
BACOLOD CITY – A total of 3,000 individuals in Negros Occidental received P9-million worth of financial assistance under the Assistance to Individuals in Crisis Situation (AICS) of the Department of Social Welfare and Development. Sen. Imee Marcos led the distribution of the AICS in La Carlota...
CEBU CITY – Hog raisers in Bohol affected by African Swine Fever (ASF) received financial assistance from the provincial government. A total of P757,000 were given to the affected hog raisers in Purok 5, Barangay Mayacabac and Purok 2, Barangay Mariveles in Dauis. GOV. Aris Aumentado distributes...
The local stock market plunged after the government announced lower-than-expected GDP figures for the first quarter. The main index fell 116.72 points or 1.75 percent to close at 6,542.46 as Conglomerates led the retreat although the Industrial counter managed to advance. Volume was higher at 491...
The local stock market advanced on positive trade and employment data. The main index rose by 40.60 points or 0.61 percent to close at 6,659.18 although sectoral indices were evenly divided. Volume improved to 434 million shares worth P5.98 billion as gainers outnumbered losers 99 to 91 with 40...
The local stock market weakened after the government reported that the inflation rate rose again in April. The main index shed 33.91 points or 0.51 percent to close at 6,618.58 with sectoral indices evenly divided. Volume jumped to 7.9 billion shares worth P11.5 billion as losers beat gainers 98 to...
The local stock market rose a day before the government releases the April inflation data as upbeat first quarter corporate results start trickling in. The main index hiked 36.94 points or 0.56 percent to close at 6,652.49 led by the Industrial sector while the Property counter remained weak....
Stock market investors will be taking their cue from the April inflation data to be released this week as this could affect interest rates while also looking forward to the release of the country’s gross domestic product (GDP) numbers. “Investors are still moving in a cautious tone, evidenced...
LUCENA CITY, Quezon – One-thousand, seven-hundred residents of Barangay Dalahican here benefited from financial assistance under the Aid to Individuals in Crisis Situation totaling P5.2 million facilitated by House Deputy Speaker Quezon Rep. David C. Suarez over the weekend. HOUSE Deputy Speaker...
