After suffering consecutive losses, the local stock market slightly recovered as investors buy cheaper stocks in this week’s remaining two trading days. The main index marginally rose by 11.79 points or 0.20 percent closing at 5,973.78, with the Industrial and Mining and Oil sectors seeing losses...
The local stock market saw a second-day slump as corporate earnings reports for the third quarter of the year garner mixed sentiments from investors. The main index dropped by 56.50 points or 0.94 percent closing at 5,961.99 with all sectoral indices suffering losses between 0.20 to 1.30 percent....
The local market retreated after posting gains in the previous day as investors anticipate the Bangko Sentral ng Pilipinas' (BSP) decision to impose an off-cycle rate hike. The main index dropped by 36.01 points or 0.60 percent closing at 6,018.49 with losses seen in all sectoral...
The local stock market slightly recovered from a nearly week-long consecutive low as the release of corporate earnings for the third quarter fuels investor optimism. The main index rose by 14.78 points or 0.25 percent closing at 6,054.50 with the Financials, Industrial, and Holding Firms...
The local market sank further as investors continue to disengage due to negative global outlooks. The main index dropped by 48.72 points or 0.80 percent closing at 6,039.72 with all sectoral indices down for the second consecutive day. Total volume of shares traded was 276 million worth...
The local stock market fell at the start of the week as potential interest rate hikes continue to drag out investors’ sentiments. The main index dropped by 54.46 points or 0.86 percent closing at 6,088.44, with all sectoral indices in red, notably the Mining and Oil and Industrial sectors taking...
The local stock market ended the week down as investors are wary of climbing inflation rates in the US. The main index dropped by 76.26 points or 1.23 percent closing at 6,142.90 with all sectoral indices in red, and the Mining and Oil sector severely plummeting by 655.58 points or 6.05...
The local stock market sank further as investors brace for higher US treasury yields. The main index dipped by 49.11 points or 0.78 percent closing at 6,219.16 with all sectoral indices in red except for the Property sector. Total volume of shares traded amounted to 575 million valued at P4.2...
The local stock market declined as oil prices rendered unstable by the Israel-Hamas conflict continues to worry investors. The PSEi slid by 12.63 points or 0.20 percent closing at 6,268.27 with only the Industrial and Financial sector indices seeing gains. Total volume of shares traded amounted to...
Stocks shot up after plunging the previous day as investors approve of the sustained growth of Overseas Filipinos' remittances. The main index rose to 82.07 points or 1.32 percent closing at 6,280.90 as all sectoral indices except for the Mining and Oil sector seeing...
The local stock market plunged at the start of the week as the intensifying unrest in the Middle East worries investors. The main index was down by 67.51 points or 1.08 percent closing at 6,198.83, with all sectoral indices except for Mining and Oil seeing losses, notably the Holding Firms and...
The local stock market is expected to draw uneven results and mixed investor sentiments throughout the week, depending on the results of global and local economic data and developments on the Israel-Hamas war. Philstocks Financial Research Manager Japhet Tantiangco said that “while there are...
