The local stock market rose as investors welcome the positive report of the nation’s third quarter economic growth. The main index went up by 33.19 points or 0.54 percent closing at 6,188.22 with only All Shares, Holding Firms, and Property sectors in green. Volume of shares traded amounted to...
The local stock market weakened as investors take precautions amid the mounting attacks in Israel and Palestine. The PSEi declined by 7.79 points or 0.12 percent closing at 6,252.16 as the Holding Firms and Financials indices saw losses by 0.25 and 0.86 percent, respectively. Total volume of shares...
The local stock market continued its third day rally this week as favorable labor and trade data encourages net-buying from investors. The main index climbed by 23.71 points or 0.39 percent closing at 6,155, but three sectoral indices namely Holding Firms, Services, and Mining and Oil...
The local stock market opened the week strong as investors take positive cues from local and global economic data. The main index rose by 88.76 points or 1.48 percent closing at 6,078.03 with all sectoral indices except for the Industrial sector seeing gains. Volume of shares traded...
The outcome of the local market next week is expected to heavily hinge on the announcement of the October inflation rate, with investors bracing for the impact of the key local economic data on Tuesday, Nov. 7. China Bank Capital Corp. Managing Director Juan Paolo Colet said that “investors...
Following a positive trading day on Tuesday, the local stock market ended the week on a high note as the US Federal Reserve’s decision to retain the five percent rate of the US Treasury yield relieves investors. The main index grew by 15.49 points or 0.26 percent closing at 5,989.27 with all...
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 market is expected to draw fewer market participants this week amid the three-day trading break on Oct. 30 for the Barangay and Sangguniang Kabataan Elections (BSKE) 2023, and Undas season on Nov. 1 and 2. According to online brokerage firm 2TradeAsia, the drop in the local stock...
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...
