The Philippine benchmark index declined, weighed down by the weakness in US markets. The main index dipped 29.28 points or 0.42 percent to close at 6,923.60 although only the Holding Firms and Property counters were in the red whole the Mining and Oil sector led gainers. 36063 Volume surged to 2.32...
The local stock market posted a small gain amid quarter-end window dressing. The main index gained 18.77 points or 0.27 percent to close at 6,952.88 as the Industrial and Mining and Oil counters leading the advance while Banks and Property firms retreated. 35771 Volume continued to be strong at...
The Philippine Stock Exchange’s Board of Directors has approved the listing of the shares of AllDay Marts, Inc. at the bourse’s Main Board—paving the way for the retailer’s P6 billion initial public offering. AllDay Marts, the operator of AllDay Supermarkets, will be offering up to 6.86...
The nation government’s debt stock advanced at a much slower pace in August as debt repayments to foreign creditors softened the increase in domestic borrowings, data from the Bureau of the Treasury showed. The national government's outstanding obligations reached P11.642 trillion as of August...
The local stock market resumed its climb after seeing a slight correction the previous day. The main index rose 48.75 points or 0.71 percent to close at 6,934.11 although sectoral indices were evenly mixed with heavyweight Holding Firms leading the advance while the Industrial counter suffered the...
The local stock market started the week flat, supported by the gains of the Services sector. The main index inched up by 4.73 points or 0.07 percent to close at 6,956.26 as the Services sector’s advanve offset the retreat staged by the Mining and Oil, Financials, and Property counters. 35046...
The local stock market is seen to be cautiously optimistic this week although it is still uncertain if it will have enough steam to breach, and stay above, the 7,000 resistance level. “The local market may still take cues from our COVID-19 situation. Last week, our case counts have averaged...
Golden Haven Memorial Parks, the country’s first integrated deathcare services firm, said its sustainability measures have reduced carbon emissions of their memorial parks projects in the country. Golden Haven has turned their vast and expansive memorial parks into stunning models of...
The Philippine Stock Exchange index ended the week on a positive note as share prices continued to be buoyed by gains in the US. 34595 The main index added 36.25 points or 0.52 percent on Friday, Sept. 24, to close at 6,952.53 with the Property sector leading the charge while the Holding Firms...
The Philippine Stock Exchange index gained for the third day on the back of stronger US stocks and the decline in new COVID cases in the country. The main index advanced 24.55 points or 0.36 percent to close at 6,915.28 on Thursday, Sept. 23, as the Industrial sector led the advance while the...
Chief executives of stock exchanges in the ASEAN have agreed to actively promote the region’s capital market as an asset class. During at the 33rd ASEAN Exchanges CEOs Meeting hosted by The Philippine Stock Exchange, Inc. (PSE), the capital market leaders also discussed potential initiatives to...
The local stock market made a small bounce even as investors worry about China’s property debt crisis. The main index added 23.30 points or 0.34 percent to close at 6,881.20 although sectoral indices were evenly mixed with the Property counter actually leading the advance. 33937 Volume was...