The local stock market continued to weaken as investors wait for the Federal Reserve’s meeting on Thursday. The main index dropped 34.90 points or 0.52 percent to close at 6,744.12 as the Mining and Oil sector led all indices lower. Volume shrank to 483 million shares worth P3.3 billion as losers...
The local stock market is seen to have a downward bias as investors continue to fret over the impact of high inflation and rising interest rates although there may be a bit of bargain hunting that may be spurred by positive earnings reports. “The local market has already been declining for four...
The local stock market fell below the 6,800 support level on renewed concerns over inflation and interest rates. The main index lost 36.89 points or 0.54 percent to close at 6,779.02 as the Property sector led the retreat although the Services and Mining counters managed to advance. Volume was low...
Philippine Health Insurance Corporation (PhilHealth) (MANILA BULLETIN) Officials of the Philippine Health Insurance Corporation (PhilHealth) reassured the public that its financial standing remains strong and that its actuarial life is "here to stay." There is no limit to the lifespan of the state...
The local stock market ended slightly lower after investors sold down shares just before closing. The main index shed 6.18 points or 0.09 percent to close at 6,815.91 witj sectoral indices evenly split. Volume jumped to 1.2 billion shares worth P12.23 billion as losers beat gainers 102 to 80 with...
By Ariel Avendaño BALER, Aurora – Senator Imee Marcos led the distribution of financial assistance to about 1000 farmers in this province, and at the same time made a pledge of more than P10 million for the local farmers. The P10 million pledge is on top of the P50 million cash assistance that...
The local equities market recovered some lost ground as investors started to pick up stocks that have become cheaper in the last two days. The main index added 30.85 points or 0.45 percent to close at 6,822.09 as the Property sector led the advance while the Services and Mining counters continued...
Parañaque City 1st District Representative Edwin Olivarez distributed hospitalization assistance to 11 city residents who are in dire need of help to pay their hospital bills. Olivarez said the 11city residents that were given medical and financial assistance are currently confined in four...
The local stock market continued to lose ground as investors expect a rate hike by the central bank. The main index dropped 47.52 points or 0.69 percent to close at 6,791.24 as the rate-sensitive Property sector led all sub-indices down. Volume improved to 969 million shares worth P7.37 billion as...
True to its word, the House of Representatives turned over a humble donation of $100,000 in financial assistance to the earthquake-stricken people of Turkey on Monday afternoon, Feb. 13. House Speaker Martin Romualdez (4th from right) hands over the $100,000 financial assistance to Turkey...
Local share prices started the week lower as investors wait for the Bangko Sentral’s rate-setting meeting on Thursday. The main index dropped 38.93 points or 0.55 percent to close at 6,838.76 with sectoral indices evenly split but weighed down by losses of Conglomerates. A total of 1 billion...
Amid confusing macro-economic data here and abroad, the local stock market is seen to trade cautiously as investors wait for more clarity from the Bangko Sentral meeting and release of remittance data later this week. “Next week, cautiousness is expected to prevail in the local market as...
