The local stock market followed through on last Friday’s weakness due to lack of fresh leads. The main index dropped 54.95 points or 0.79 percent to close at 6,857.90 as the Mining and Oil counter led the retreat while the Services sector was the only gainer. 33707 Volume was about average at...
HONG KONG, (AFP) - The Hong Kong stock exchange tumbled Monday over fears of a contagion from the potential collapse of Chinese real estate giant Evergrande as it struggles under a mountain of debt. PIXABAY/ MANILA BULLETIN The firm, one of the country's biggest developers, has warned it may not be...
Stock prices declined as investors opted to cash out before the week ends. The main index dropped 55.58 points or 0.80 percent to close at 6,912.85 led by profit-taking in the Services sector while only the Financials counter managed to advance. 33177 Volume jumped to 1.81 billion shares worth...
32938 The local stock market finally bounced from its string of losses after investors found share prices to have reached attractive levels. The main index rose 66.99 points or 0.97 percent to close at 6,947.19 with the Services sector leading the advance across the board as it resumed its upward...
The local stock market weakened further due to the decline in US stocks overnight. The main index dropped 40.16 points or 0.58 percent to close at 6,880.20 as the Property and Services sectors led the retreat while only Holding Firms counter managed to advance. 32711 Volume remained hefty at 1.51...
The local stock market dropped after after hitting strong resistance at the 7,000 level. The PSEi lost 47.78 points or 0.69 percent to close at 6,920.36 as Holding Firms and Mining stocks led the decline while the Services counter continued to buck the trend. 32465 Volume surged with the listing of...
RL Commercial REIT, Inc. (RCR), the real estate investment trust of Robinsons Land Corporation, successfully listed its shares at the Philippine Stock Exchange with its share price holding steady amid a weaker market. 32437 RCR makes history as the Philippines’ largest publicly-listed REIT with a...
The local stock market started the week flat while waiting for cues here and from overseas. The main index inched down 2.37 points or 0.03 percent to close at 6,968.14 with only the Services counter advancing while the Property sector led the retreat. 32210 Volume was low at 1.75 billion shares...
The local stock market regained the previous day’s losses amid guarded optimism over the COVID situation. The main index rose 46.49 points or 0.67 percent to close at 6,970.51 with gains led by the Services and Mining and Oil counters while the Financials sector was the only one that retreated....
The local stock market gave way to some profit-taking after rallying for the past trading days. 31443 The PSEi shed 25.37 points or 0.37 percent to close at 6,924.02 although only the heavyweight Holding Firms and Services counters weakened. Volume dropped to 920.41 billion shares worth P4.39...
AC Motors, the automotive arm of the Ayala Corp. conglomerate, aspires to become a pioneer in new energy vehicles sector and preeminent auto group in the country through disruptive technologies four years from now or by 2025 through disruptive technologies. 31456 31456 AC Industrials Chairman and...
The local stock market managed to rise despite the government’s backtracking on its decision to ease quarantine restrictions. The main index climbed 36.68 points or 0.53 percent to close at 6,949.39 as the Services sector led the advance while the Mining and Oil counter was the only one that was...