The local stock market remained positive despite negative outcomes from the international markets. The main index increased by 3.28 points or 0.05 percent closing at 6,266.34, with the Holding Firms and Industrial sector indices taking hits. The total volume of shares traded amounted to one billion...
The local stock market rose slightly as investors anticipate data on the United States’ inflation rate. The main index saw a marginal increase by 9.10 points or 0.15 percent closing at 6,263.06 with only the Property and Holding Firms sector indices seeing gains. Total volume of...
The local stock market declined as investors mull over potential rate hikes from the central bank. The main index dipped by 10.11 points or 0.16 percent closing at 6,253.96, with a majority of sectoral indices incurring losses, led by the Mining and Oil sector which was down by 90.25 points or 0.81...
HONG KONG, China -- Asia extended a global markets rally Wednesday on a growing belief the Federal Reserve is finished with its interest rate hiking cycle, while optimism was also boosted by a report that China is considering a large burst of economic stimulus. While uncertainty caused by the...
The local stock market saw slight gains as Philippine exports improved in August. The main index increased by 11.91 points or 0.19 percent closing at 6,264.07 with most sectoral indices in the green, led by the Mining and Oil sector with 133.42 points or 1.22 percent. The volume reached 688...
HONG KONG, China -- Equities mostly rose Tuesday after top Federal Reserve officials suggested the recent spike in US Treasury yields could act as a substitute for further interest rate hikes. The big gains came as oil pared the previous day's surge, which had been fuelled by supply worries after...
The local stock market bounced back after plunging prior but incurred mixed reactions from investors who anticipated more hopeful outcomes from economic forecasts, and those fearing higher interest rates. The main index rose to 81.35 points or 1.32 percent closing at 6,259.95 as all sectoral...
(MANILA BULLETIN) Economist-solon Albay 2nd district Rep. Joey Salceda has expressed confidence that the proposed Maharlika Investment Fund (MIF), once enacted, would give the Philippine stock market a shot in the arm. “The government also wants to have the MIF listed in the stock market, as a...
For an investment instrument as volatile as stocks, is it still possible to predict how stock prices will move at a given time? Veteran market pundits say this is very much in play, stressing that there is science behind the controlled chaos that is the stock market. During the TradeTalks...
The local stock market rose again on the back of more optimism in the US spurred by better corporate earnings. The Philippine Stock Exchange index added 56.14 points or 0.86 percent to close at 6,576.94 Thursday, December 22, with Conglomerates leading the advance while Banks and Miners declined....
The reforms initiated by the government to deepen the local capital markets will ensure the economy to emerge stronger and more resilient in the aftermath of the prolonged pandemic, the Duterte administration’s chief economic manager said. Finance Secretary Carlos Dominguez III said the proposed...
Small local investors were still the main movers of the Philippine Stock Exchange (PSE) in the first-quarter this year, which the Department of Finance (DOF) attributed to the trust and confidence of the public in the regulatory institutions. Screen Shot 2021-05-24 at 2.46.56 PM Based on a report...
