The PSEi dropped in the last trading day of the month as investors took profit from the previous day’s spike in prices. The main index lost 63.33 points or 0.99 percent to close at 6,315.93 as Conglomerates led the retreat although the Banks and Services counters continued to advance....
The local stock market rallied on news that the US Federal Reserve may no longer need to raise rates as aggressively in the near term. The PSEi shot up by 142.50 points or 2.29 percent to close at 6,379.26 as Banks and Conglomerates led the charge. Volume improved but remained thin at 567 million...
The PSEi managed to close higher after sluggish trading during the day as investors continue to wait for news from the US Federal Reserve. The main index eked out a gain of 13.76 points or 0.22 percent to close at 6,236.76 with Banks leading the advance while the Property sector lagged behind....
The local stock market improved only slightly after the previous day’s much awaited State of the Nation Address as investors adopt a “wait-and-see” attitude. The main index inched up 13.47 points or 0.22 percent to close at 6,223.00 with Conglomerates leading the advance as the Banks and...
The local stock market lost ground as investors wait for the President’s State of the Nation Address (SONA). The main index dropped 53.86 points or 0.86 percent to close at 6,209.53 as Banks led the retreat although the Property and Mining counters managed to advance. Volume remained thin at 517...
The local stock market ended just a bit higher after listless trading as investors wait for catalysts. The main index inched up 7.22 points or 0.12 percent to close at 6,263.39 with sectoral indices evenly mixed. Volume dropped to 604 million shares worth P3.29 billion as losers outpaced gainers 92...
The local stock market dipped due to sobering US and domestic economic data. The main index declined by 18.63 points or 0.30 percent to close at 6,256.17 as the Property sector ked the retreat while Banks and Mining firms bucked the trend. Volume grew to 807 million shares worth P6.09 billion aa...
The local stock market ended slightly lower after trading in the green most of the day. The main index shed 11.44 points or 0.18 percent to close at 6,274.80 as the Mining and Oil counter continued to lead most indices higher while only Property and Holding Firms declined. Volume improved to 733...
The local stock market bounced on the back of gains in the US as well as news of another rollback in pump prices. The main index rose 73.52 or 1.19 percent to close at 6,268.78 as the Property index led the advance with a substantial gain while the Services and Mining and Oil counters...
The local stock market declined as investors opted to cash out for the weekend. The main index dropped 52.87 points or 0.85 percent to close at 6,195.26 as the Mining and Oil counter led the decline with only the Industrial sector bucking the trend. Volume remained low at 785 million shares...
The PSEi managed to recover most of its intraday losses after a quick pre-emptive move by the Bangko Sentral to raise rates. The main index shed 7.24 points or 0.12 percent to close at 6,248.13 with the Property sector suffering the biggest drop while only the Financials and Services counters...
The local stock market fell in anticipation of a spike in the June inflation rate while the peso continues to weaken. The main index dropped 94.57 points or 1.49 percent to close at 6,255.37 as Conglomerates and Banks led the retreat although the Mining and Oil counter managed to advance....